|Bid||N/A x N/A|
|Ask||N/A x N/A|
|Day's Range||0.0129 - 0.0129|
|52 Week Range||0.0100 - 0.0500|
|Beta (5Y Monthly)||0.24|
|PE Ratio (TTM)||12.90|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Chatsworth, CA, Oct. 01, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Cavitation Technologies, Inc. (OTCQB: CVAT) (BERLIN: WTC) announced that it received several new purchase orders from Desmet Ballestra Group, a strategic partner and licensee of Cavitation Technologies, Inc.'s vegetable oil refining technology since 2010. The Nano Reactor® system is to be installed in the vegetable oil refinery in Brazil and Colombia.
CTi is a major shareholder in ABI and will receive royalty payments from all revenues associated with their licensed technology. This home product has been in development for several years and the final design and prototype is now fully completed.