BLGO - BioLargo

Discussion in 'Penny Stocks' started by Dan Thunderbolt, Aug 26, 2020.

  1. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    This recent news was imo very significant. PFAS is big business and all over the news. This is a great step forward...

    August 11, 2022 4:30 PM
    BioLargo Secures First PFAS Mitigation Customer and Signs New Channel Partner for PFAS Remediation
    WESTMINSTER, CA / ACCESSWIRE / August 11, 2022 / BioLargo, Inc. (OTCQB:BLGO), a developer of sustainable cleantech technologies and full-service environmental engineering company, today announced that it has secured its first customer to engineer a comprehensive PFAS mitigation plan for an industrial site, and has signed an agreement with a new channel partner to sell the company's PFAS treatment equipment and engineering services.

    Per- and polyfluoroalkyl substances (PFAS) are man-made persistent, bioaccumulative chemicals linked to widespread negative health effects including cancer, birth defects, and more. They are known to contaminate surface and groundwater in all 50 states, affecting multiple industries. Through its environmental engineering subsidiary BioLargo Engineering, Science & Technologies, BioLargo offers PFAS mitigation services including field testing, engineering design, system installation, operation, and maintenance, as well as water treatment systems including the company's own proprietary PFAS treatment technology the Aqueous Electrostatic Concentrator (AEC).

    The customer contract is for the first phase of what is expected to be a multi-phase comprehensive PFAS remediation project. The contract was secured in collaboration with a new channel partner, which has been appointed to promote, market, and distribute BioLargo's water treatment equipment and PFAS-related engineering and project integration services.

    BioLargo's President and CEO Dennis P. Calvert said, "Securing our first customer is obviously a very important step for BioLargo as a comprehensive solutions-provider in the PFAS remediation market. We will look forward to sharing more information about this project as well as our other activities with channel partners in the PFAS mitigation space."

    https://feeds.issuerdirect.com/news-release.html?newsid=5392701871719359
     
  2. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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  3. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    The current market cap is still very low imo considering the huge potential. The product "minimal liquid discharge" wastewater treatment equipment developed with Garratt-Callahan partnership is expected to launch soon. G-C expects to sell around 30-50 systems per year once launched with an average sale of $300,000 - $500,000 per system.

    The Pooph pet odor product is expected to hit the shelves of big retail outlets such as Walmart in Q4. BLGO receives manufacturer's margin and and a royalty on sales as well as 20% of the potetial sale of the brand.

    Plus the PFAS treatment technology is moving ahead towards adoption. BLGO recently secured the first PFAS mitigation customer and signed a new channel partner for PFAS remediation. PFAS is obviously a multi-billion $ business and all over the news.The recent hazardous designation of two PFAS by EPA will likely speed up the cleanup...

    Statement: EPA targets two toxic PFAS chemicals under Superfund law
    August 26, 2022
    Hazardous designation would speed cleanup of dangerous PFOA and PFOS

    https://environmentamerica.org/medi...two-toxic-pfas-chemicals-under-superfund-law/
     
    #143 Dan Thunderbolt, Sep 3, 2022
    Last edited: Sep 4, 2022
  4. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    Nice overview on some of the business opportunities in the vast portfolio of BLGO. Future looks very bright imo.

    [​IMG]
     
  5. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    :thumbsup: Future obviously looks very bright...

    BioLargo | Dennis Calvert | Benzinga All Access
    September 9, 2022

     
  6. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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  7. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    BioLargo today launched their new PFAS-focused website. It's the home of BioLargo for all things #PFAS - their treatment solutions, system integration options, engineering, and more. BioLargo will also post educational content on there about the evolving world of PFAS.

    https://www.bestpfastreatment.com/
     
  8. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    :thumbsup:

    BioLargo Secures Product Recovery Management (PRM) as Channel Partner and Contract Manufacturer for BioLargo's Water Treatment Technologies
    WESTMINSTER, CA / ACCESSWIRE / October 6, 2022 / BioLargo, Inc. (OTCQB:BLGO), a developer of sustainable cleantech technologies and full-service environmental engineering company, announced that it signed a channel partnership agreement with Product Recovery Management, Inc. to sell and distribute BioLargo's water treatment systems and act as a contract manufacturer.

    Product Recovery Management (PRM) (https://www.prmfiltration.com/), based out of Butner, NC, is a UL-certified equipment integrator specializing in remediation services with over 40 years of history serving customers. PRM designs and manufactures treatment systems that address a wide variety of contamination challenges in the remediation and landfill industries, including PFAS contamination. Their Butner operations include a 250,000 square foot manufacturing facility with large-scale fabrication capabilities.

    The channel partner agreement grants PRM a license to sell and distribute BioLargo's innovative water and wastewater treatment technologies, including but not limited to the Aqueous Electrostatic Concentrator (AEC), BioLargo's effective, affordable, low-waste solution for removing per- and polyfluoroalkyl substances (PFAS) from water. PRM will also be authorized to sell BioLargo's Advanced Oxidation System (AOS) technology, the energy-efficient and affordable solution for simultaneous water disinfection and micropollutant treatment.

    PRM will also be a contract manufacturer for BioLargo's water treatment technologies, including the AEC, the AOS, as well as other treatment systems designed by BioLargo (e.g., reverse osmosis systems).

    "PRM has substantial expertise and infrastructure to support the roll-out and manufacturing of our cleantech systems. This relationship will allow us to more readily meet the growing demand for our systems and expand our reach into the market. We have already begun scoping our first project together," says Randall Moore, President of BioLargo Engineering, Science & Technologies (BioLargo's engineering subsidiary - www.BioLargoEngineering.com).

    "BioLargo's AEC and AOS technologies are unique and valuable tools for targeted removal of tough-to-treat water contaminants including PFAS and micropollutants, both of which currently lack effective and affordable options in the marketplace. We recognized in BioLargo a commitment to serve customers with technical excellence and reliable results. We look forward to working with the BioLargo team," said Robert Phillips, Jr., President of Product Recovery Management.

    https://feeds.issuerdirect.com/news-release.html?newsid=5426344348815771
     
  9. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    BioLargo, Inc. Discusses its PFAS Treatment Solution and Odor Control Technology with The Stock Day Podcast
    Tue, October 25, 2022
    https://audioboom.com/posts/8180691...-and-odor-control-technology-with-the-stock-d

    The conversation then turned to BioLargo's pet odor technology. "We have negotiated an arrangement with our partner where we have a cost plus arrangement," said Calvert. "We also [would] participate in the equity of the brand upon exit, equal to 20%," he continued. "That product is now doing over $100,000 per day in sales, which was a significant revenue contribution to our record performance last quarter," he shared. "They are ramping up, and are expecting to enter Walmart stores in November," said Calvert, adding that the company expects these sales to reflect in the fourth quarter and anticipates more major retailers coming onboard.
     
  10. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    :thumbsup:

    BioLargo Sets Another New Quarterly Revenue Record
    Wednesday, October 26, 2022 12:15 PM
    https://www.accesswire.com/viewarticle.aspx?id=722436&lang=en

    WESTMINSTER, CA / ACCESSWIRE / October 26, 2022 / BioLargo, Inc. (OTCQB:BLGO), a developer of sustainable cleantech technologies and full-service environmental engineering company, today announced that it has set a new quarterly revenue record, and provided a snapshot of continued business developments.

    BioLargo's President and CEO Dennis P. Calvert commented, "It is remarkable that we were able to improve on Q2's record-breaking results, and that because of our Q3 performance we have also locked in a record growth rate for the entire year. We are proud of these accomplishments, but not yet satisfied because we believe that we have still just scratched the surface of the commercial opportunities ahead. We intend to continue this trend of meaningful growth, and we are already off to a good start in Q4."

    The company has several key projects that management believes will stimulate accelerated growth through 2023. These are:
    • The expected launch in major retailers of the POOPH pet odor control product by the company's consumer packaged goods partners at Ikigai, which is expected to start in Q4.
    • Our first PFAS removal project at a large industrial site (announced in August), currently in the initial phase of a multi-phase process, which we expect to continue advancing as we engineer a comprehensive PFAS mitigation plan.
    • Expanded commercial roll-out of the company's PFAS treatment technology through its growing network of sales rep organizations.
    • Garratt-Callahan's launch of the jointly developed minimal liquid discharge wastewater treatment product.
    • Further work on larger engineering projects, including the waste-to-energy conversion plant project in South America, and the company's work with Ultra Safe Nuclear.
    BioLargo generated approximately $1.5 million in company-wide revenue during the third quarter of 2022, representing a 13% increase compared with the second quarter of 2022, and a 111% increase compared with the third quarter of 2021, led by a significant increase in sales of the POOPH pet odor product. Note, however, that these revenue figures are preliminary, and are subject to change pending review by the company's independent registered public accounting firm. The company will include its full results of operations in its quarterly report for the period ended September 30, 2022, due to be filed with the SEC by November 14, 2022. The company also intends to hold an investor webcast and conference call shortly after the filing of its quarterly report to discuss its financial results, and will provide details for participating in this event as soon as they are available.
     
  11. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    November 3, 2022 1:30 PM
    BioLargo Adds Linda Park and Christina Bray to Board of Directors
    https://feeds.issuerdirect.com/news-release.html?newsid=6896491577365475

    "We are so pleased that Linda Park and Christina Bray have joined our Board of Directors," said Dennis P. Calvert, BioLargo's CEO. "Both have such significant experience in advancing innovative projects, as well as building and supporting successful companies. We know that they will make important contributions to our efforts to transform BioLargo into a cleantech juggernaut. With Linda and Christina on board, we couldn't be more confident in the future for our company."
     
  12. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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  13. Dan Thunderbolt

    Dan Thunderbolt Well-Known Member

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    :thumbsup:

    BioLargo's Partner Ikigai Begins Sales of Pooph at Walmart
    Pooph: The Pet Odor Remover that Takes Stink Out of the Equation

    WESTMINSTER, CA / ACCESSWIRE / November 22, 2022 / BioLargo, Inc. (OTCQB:BLGO), a developer of sustainable cleantech technologies and full-service environmental engineering company, is pleased to announce that the Pooph™ pet odor control product line is now available at select Walmart stores.

    Pooph, which is based on BioLargo's proprietary odor control technology, is marketed by Ikigai Marketing Works, LLC through a national advertising campaign (see www.Pooph.com). Walmart is the first retailer for a planned national retail distribution, and begins with Pooph in over 600 stores across the United States.

    Jane Pak, CEO of Ikigai commented, "Sales of Pooph have exceeded our expectations and forecasting. Availability of Pooph at 681 Walmart stores is just the beginning of what we expect to be national retail distribution. The team at BioLargo have been great at supporting our success. Our team is excited to continue watching Pooph become solidified as a nationally known and trusted consumer packaged goods brand."

    Dennis P. Calvert, President and CEO of BioLargo said, "The team at Ikigai has continued to grow sales and brand awareness with its highly effective marketing that showcases the product's complete and rapid odor elimination, and its safety. We are thankful for the very talented team at Ikigai and look forward to working closely with them to support their continued expansion."

    https://feeds.issuerdirect.com/news-release.html?newsid=4739010545407969
     

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