OriginClear Inc. (OTC:OCLN) chairman and CEO Riggs Eckelberry says the company's innovative fintech subsidiary, Water On Demand, aims to meet demand from businesses that need to treat and recycle their own water as management of the precious commodity decentralizes.
Eckelberry explained that Water On Demand plans to finance clean water systems to businesses and communities as a managed service without any capital requirement with the proceeds of a $300 million crowdfunding financing aimed at accredited investors.
Water On Demand is just one of the companies incubated in the OriginClear 'Clean Water Innovation Hub' as it targets interesting properties, develops them and rolls them out, he added.