| Previous Close | 0.0480 |
| Open | 0.0455 |
| Bid | N/A x N/A |
| Ask | N/A x N/A |
| Day's Range | 0.0450 - 0.0570 |
| 52 Week Range | 0.0100 - 0.0700 |
| Volume | 509,310 |
| Avg. Volume | 678,117 |
| Market Cap | 11.13M |
| Beta (5Y Monthly) | 0.19 |
| PE Ratio (TTM) | 18.83 |
| EPS (TTM) | 0.0030 |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
- GlobeNewswire
Cavitation Technologies, Inc. Signs a Pilot Test Agreement with Island Breeze Farms
Chatsworth, CA, April 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Cavitation Technologies, Inc. (OTCQB: CVAT) (BERLIN: WTC) has signed a pilot test agreement with Island Breeze Farms. The agreement is meant to evaluate CVAT’s technology and the growth of healthier cannabis plants with increased crop yields. Island Breeze Farms is a Licensed Cannabis grower in Southern California, operating a 130,000 square foot greenhouse facility. CVAT’s technology and nanotech water system substantially increases the amount of molecular oxygen in water. As cannabis plant roots absorb the molecular oxygen, Nano bubbles continue to replace lost oxygen, resulting in a stable elevated level of oxygen. This stable elevated level of oxygen produces a cleaner and more efficient method of irrigation, resulting in healthier plants with increased crop yield. Additionally, cavitation processed water will create a healthy soil environment without bacteria and fungi. Roman Gordon, Global Technology Manager, commented, “This pilot test agreement is a huge opportunity for our Company as our technology may have substantial commercial value in the cannabis industry. The global cannabis cultivation market size is estimated to surpass $123.9 billion this year and domestically, U.S. farmers have been licensed to grow 511,442 acres of cannabis — a 455 percent increase over 2018 levels. In California alone there have been over 5,800 State growers’ licenses issued. By utilizing our nanotech water system cannabis growers will have cleaner feed water and should expect to see healthier plants and increased yields in their crops.” About Cavitation Technologies, Inc. Founded in 2007, the company designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The company's patented Nano Reactor® systems and various technologies have over 40 patents issued and filed both domestically and abroad. http://www.ctinanotech.com/ Follow us on Twitter for real time updates: https://twitter.com/CavitationTech Like us on Facebook to receive live feed updates: https://www.facebook.com/ctinanotech Forward Looking Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions such as, should expect to see healthier plants and increased yields in their crops by utilizing the nanotech water system. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment and our ability to perform as anticipated and other factors described in our most recent Form 10-K and our other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. In light of these risks and uncertainties there can be no assurances that the forward looking statements contained in this press release will in fact transpire or prove to be accurate. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. Cavitation Technologies, Inc. 8187180905 info@ctinanotech.com
- GlobeNewswire
Cavitation Technologies, Inc. Has Developed a Chemical Free Produced Water Treatment Process
Chatsworth, CA, March 30, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Cavitation Technologies, Inc. (OTCQB: CVAT) (BERLIN: WTC) announced that the Company has developed a chemical free produced water treatment three step patented process. High-throughput cavitation and electrocoagulation apparatus, Patent #: 8673129. Variable flow-through cavitation device, Patent #: 10507442. Produced water in oil and gas industry is viewed as a heterogeneous mixture of dissolved solids, salinity, suspended solids, iron sulfide, and grease, which frequently requires the use of dangerous chemicals to precipitate dissolved contaminants. The Company has developed chemical free technologies and processes that treat produced water in oil and gas industry, while focusing on mitigating the environmental impact and reducing operating expenses for the end user. CHEMICAL FREE – THREE STEP WATER TREATMENT PROCESS STEP 1. Cavitation/Advanced Oxidation – The shockwave released by many bubbles continuously collapsing. These forces can cause multiple chemical reactions, one of which is the dissociation of water into hydrogen and hydroxyl radicals. Hydroxyl radicals are powerful oxidizers and can be used to destroy organic constituents such as hydrocarbons. During supercritical cavitation in the water organic phases become completely soluble; oxygen is completely soluble and behaves as a strong oxidizer; and inorganic constituents become largely insoluble. STEP 2. Water Electrolysis Technology – Electrooxidation (EOx) Disinfection of water by direct electrolysis is a kind of oxidative treatment of water where oxidizers are made from the water itself and are not introduced from the outside. The effectiveness of water disinfection by direct electrolysis is several times higher compared to chemical methods. STEP 3. Electrocoagulation – High pollutant removal yield from treated waters achieved by using electrocoagulation method without adding any chemical coagulant or flocculants, thus reducing the amount of sludge. The most common inorganic water pollutants are heavy metals, nitrates, sulfates, phosphates, fluorides and chlorides. Cavitation Technologies’ three steps process is a new and unique Chemical Free environmentally safe process. About Cavitation Technologies, Inc. Founded in 2007, the company designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The company's patented Nano Reactor® systems and various technologies have over 40 patents issued and filed both domestically and abroad. http://www.ctinanotech.com/ Follow us on Twitter for real time updates: https://twitter.com/CavitationTech Like us on Facebook to receive live feed updates: https://www.facebook.com/ctinanotech Forward-Looking Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment and our ability to perform as anticipated and other factors described in our most recent Form 10-K and our other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. In light of these risks and uncertainties there can be no assurances that the forward looking statements contained in this press release will in fact transpire or prove to be accurate. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. Cavitation Technologies, Inc. 8187180905 info@ctinanotech.com
- GlobeNewswire
Cavitation Technologies, Inc. Has Developed Water Irrigation Technology for Healthy Cannabis Plants
Chatsworth, CA, March 23, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Cavitation Technologies, Inc. (OTCQB: CVAT) (BERLIN: WTC) has developed a nanotech water system and technology that aids the growth of healthier cannabis plants with increased crop yields. CVAT’s Key to Healthier and Larger Cannabis Plants: CVAT’s nanotech water system and technology create supersaturated levels of molecular oxygen in irrigation water. These supersaturated levels of molecular oxygen carry nano bubbles which deliver oxygen bubbles directly to the roots of Cannabis plants. In conventional methods of plant irrigation molecular oxygen levels in water do not exceed above baseline values but in CVAT’s nanotech water system, the amount of molecular oxygen in water is substantially increased. As the plant roots absorb the oxygen, the nano bubbles continue to replace the lost oxygen, resulting in a stable elevated level of oxygen. CVAT’s water system exhibited a 400% increase in molecular oxygen levels and a 10% - 30% increase in cannabis yield when the water system was used. Roman Gordon, Global Technology Manager, added, “Our nanotech water system and associated technology demonstrates some key benefits for irrigating plants such as cannabis. Our method provides clean feed water for plants and that water contains increased molecular oxygen levels which leads to healthier root systems. Additionally, our process also eliminates harmful chemicals, toxins, bacteria, and algae from water sources including coliform, fungi and Pythium. By utilizing our nanotech water system cannabis growers will have cleaner feed water and should expect to see healthier plants and increased yields in their crops.” About Cavitation Technologies, Inc. Founded in 2007, the company designs and manufactures innovative flow-through devices and systems, as well as develops processing technologies for use in edible oil refining, renewable fuel production, water treatment, and alcoholic beverage enhancement. The company's patented Nano Reactor® systems and various technologies have over 40 patents issued and filed both domestically and abroad. http://www.ctinanotech.com/ Follow us on Twitter for real time updates: https://twitter.com/CavitationTech Like us on Facebook to receive live feed updates: https://www.facebook.com/ctinanotech Forward Looking Statement This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions. These forward-looking statements are based largely on the Company's expectations and are subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results could differ materially from these forward looking statements as a result of a variety of factors including, among others, the state of the economy, the competitive environment and our ability to perform as anticipated and other factors described in our most recent Form 10-K and our other filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. In light of these risks and uncertainties there can be no assurances that the forward looking statements contained in this press release will in fact transpire or prove to be accurate. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law. Cavitation Technologies, Inc. 8187180905 info@ctinanotech.com
