Quest Water Stock Price, News & Analysis

Quest Water Global (OTC Pink: QWTR) announced a strategic partnership with Trust Merchant Bank (TMB) in the Democratic Republic of the Congo, launching a new distributor-based model for clean water distribution. This initiative allows independent distributors to purchase water directly via the AQUAtap™ App, enhancing access to clean water for underserved communities. The company aims to install 500 AQUAtap™ Community Water Centers over five years, benefiting 1.5 million people. The partnership emphasizes entrepreneurship and financial inclusion, particularly for women, contributing to community resilience.

Quest Water Global (OTC Pink: QWTR) has announced the launch of the AQUAtap^™ App to facilitate the payment for clean water via mobile devices in the Democratic Republic of Congo. This App integrates with Pepele Mobile and Orange Money, enabling users to purchase water easily at AQUAtap^™ Oasis Community Water Centers. The initiative marks a significant milestone, aiming to enhance customer access and operational efficiency. Since its inception, AQUAtap^™ Oasis has seen a 50% weekly growth in water sales, demonstrating increased public adoption of the App.

Quest Water Global (OTC Pink: QWTR) announced a corporate update on August 30, 2022. The company engaged K.R. Margetson Ltd. for audit services, leading to the filing of three years of audited financial statements. The British Columbia Securities Commission revokes a cease trade order against Quest. The company plans to raise US$5-10M, primarily for scaling its AQUAtap™ system in the Democratic Republic of the Congo (DRC). Water sales in the DRC have surged by approximately 50% weekly. Quest has partnered with Pathogen Detection Systems for real-time water quality monitoring.

Quest Water Global (OTC Pink: QWTR) announced that the British Columbia Securities Commission has fully revoked a cease trade order issued against the company for not filing certain continuous disclosure documents since 2015. The revocation comes after the company filed the necessary documents and paid associated fees in March 2022, making it current in its reporting obligations with both the British Columbia and U.S. Securities and Exchange Commissions. Quest specializes in solar-powered water purification and desalination technologies aimed at addressing water scarcity.

Quest Water Global (OTC Pink: QWTR) has achieved Pink Current Information status with OTC Markets as per amended Rule 15c-211. The Company is engaging a PCAOB-registered accounting firm to audit its last two annual and three quarterly financial statements. This audit aims to facilitate the filing of its outstanding Form 10-Ks and Form 10-Qs with the SEC by the end of 2021, transitioning to OTC Markets’ SEC Reporting Standard. Quest Water Global focuses on sustainable water solutions addressing clean water scarcity.

Quest Water Global (OTC Pink: QWTR) has announced a strategic partnership with Orange DRC to improve access to clean water in the Democratic Republic of the Congo. Under this agreement, which lasts for two years, Orange DRC will manage financial transactions via its Orange Money platform, enabling cashless purchases of water from AQUAtap Oasis Community Centers. The collaboration aims to enhance community outreach and facilitate the sale of clean water, promising socio-economic benefits for underserved populations.

Quest Water Global, Inc. (OTC Pink: QWTR) announced the launch of its first AQUAtap^TM Oasis Community Water Center in Kinshasa, DRC, on March 22, 2021. This project, part of a strategic joint venture, aims to establish 500 solar-powered water centers to provide clean water to 1.2 million residents. The first installation supports a community with significant clean water needs, with long-term plans targeting 10 million individuals. Phase 1 requires $75M in funding, to be sourced from various investors and institutions, while future systems will be manufactured locally and in Canada.