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OriginClear Gambles on Marketing Program

by Debra Fiakas, CFA Last week waste water treatment developer OriginClear (OCLN:  OTC/QB) announced pilot projects for rental of its commercial water systems for pool cleaning.  The company has several patents to its credit, protecting its innovations.   OriginClear has developed a proprietary catalytic process to clean up solids from waste water as well as an oxidation technology to eliminate microtoxins in water.  Unfortunately, the company has struggled to extract value from its efforts.  OriginClear has yet to report profits.  Indeed in the most recently reported fiscal year ending December 2019, revenue of $3.588 million only barely covered cost of goods of $3.217 million, let alone operating expenses that...
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