Industrial floor scrubbers dump 12-30 million gallons of contaminated water into the sewer daily, often illegally. Companies addressing this issue are spending more that $5,000 a month at each commercial distribution center (DC) to properly handle and dispose of this waste. There are about 100,000 DC’s of various sizes located in the USA. Water Reuse Technologies (WRT) treats this water for 92% less than the cost of handling and disposal. The clients’ ROI is under seven months. The annual market potential is $365M.
We’re seeking $325,000 to complete our third-generation prototype and bring the system to market. In return, we are offering convertible preferred units to be paid proportionately from 20% of operating free cash flow until the principal is recouped, at which time the investor will convert into 7% common units.
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