The market is currently volatile, and investors will be looking at opportunities where they can make some money. For example, water Technologies International Inc. (OTCMKTS: WTII) dropped 6% in the last session, but it is an opportunity worth keeping an eye on.
Trading Data
On Tuesday, WTII stock fell 6.25% to $0.0015 with more than 3.40 million shares, compared to its average volume of 4.24 million shares. The stock moved within a range of $0.0015 – 0.0017 after opening trading at $0.0017.
About Water Technologies International
The company and its subsidiaries Aqua Pure International Inc. and GR8 Water Inc (Great Water) focus on manufacturing and selling technologically superior Atmospheric Water Generators. These innovative devices extract pure, tasty water from the moisture in the air using a patent-pending air cleaning input mechanism. In addition, GR8 Water creates big water resource units with a modular layout that can supply up to massive amounts of water per day from the surrounding atmosphere, as well as independent water manufacturing devices for the homes and offices.
To improve the quality of life and protect the environment, GR8 Water works to provide clean water to everybody on earth. The firm has been granted patents by the USPTO and has applied for more patents through the USTPO. The Patent Cooperation Treaty has also been used to file it internationally. As a result, the USPTO has granted its trademark registration for “Water village.”
Water Technologies International, Inc. has Engaged Daszakl Bolton Accountants and Advisors to Complete a PCAOB Audit & will Raise Up To $1 Million in its Qualified Regulation “A” Offering
The company has announced that in March 2022, it engaged Daszakl Bolton to complete a two-year audit. As a result, the firm is planning to be fully reporting soon and apply for uplisting. Early in March 2022, Water Technologies also submitted a Regulation “A” offer that is now qualified. The firm intends to raise upwards of $1 million and is issuing one million shares of its common shares at the prevailing market price. Notably, the business continues to offer desalinization machines that can purify hundreds of thousands of liters of potable water.
CEO William Scott Tudor said that with the offering, they hope to reduce most of the company’s debt and bring it to profitability. So far, the company is witnessing a surge in demand for its patented atmospheric water generators. With the water situation continuing to be worse in the US and elsewhere, people are turning to the company’s AWGs.
Technical Data
WTII stock is trading below the 20-Day and 50-Day Moving averages of $0.0015 and $0.0016 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0044.
