A compelling water treatment company


Enpar Technologies Inc. (ENP.V) recently caught the market's attention. They recently received a $1.5 M dollar contract from Chemsbro of Saudi Arabia.

At the time of the release, this represented 15% of Enpar's market capitalization ($10M).

ENP's main differentiation is the usage of an electro-chemical process to purify the water. The company has two main products a) An electrostatic discharge (ESD) water treatment system and b) AmmEL which convert ammonia into environmentally friendly nitrogen.

Within the past year, the company is gaining traction with different partners: a) an unnamed petrochemical company, b) an unnamed US engineering firm, c) Eurodia (agriculture & food), and d) The Saudi Brothers.

Debt free, with only 113M shares outstanding (of which 67% are from insiders) ENP.V should be on your radar if you're interested in green technologies.

And oh, if you need a glimpse of the addressable market - here is a good place to start.

DISCLAIMER: The work included in this article is based on current events, technical charts, and the author’s opinions. It may contain errors, and you shouldn’t make any investment decision based solely on what you read here. This publication contains forward-looking statements, including but not limited to comments regarding predictions and projections. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The content of rally is provided for informational and entertainment purposes only and is not a recommendation to buy or sell any security. Always thoroughly do your own due diligence and talk to a licensed investment adviser prior to making any investment decisions - rally cannot take responsibility for your investment decisions.


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