Healixa (OTC:EMOR) Stock Falls 16%: What’s The Buzz?
Yesterday Healixa (OTC:EMOR) was in focus after the company provided a major new update and it could be a good idea for investors to take a closer look into it. The company announced that after having spent years in untiring research and development, it had finally launched the world’s first ‘Eternal Spring’ commercially. Healixa had developed the product through a partnership with Modern Homestead and it was also noted that it had been powered by DWH (Deposition Water Harvesting) Technology.
The company stated in its news release that the path breaking new device had been developed after more than a decade of dedicated work. It would help in contributing towards tackling the worldwide water crisis by extracting as much as 500 liters of water a day. The device would be able to operate adequately irrespective of the geographical conditions or the levels of humidity.
The Chief Executive Officer of Healixa, Ian Parker, spoke about the development as well. He noted that the company had recognized the fact that run-of-the mill methods like desalination and atmospheric water generation were never going to be adequate enough to provide a long-term solution to the global water crisis. However, the DWH technology from Healixa would empower the company to deliver considerable water yields anywhere in the world, he noted.
Parker concluded by stating that he was immensely proud of the effort that had been put in by the team and the associated achievements. The Chief Executive Officer of Modern Homestead Industries, Evan DeMarco, also shared his thoughts on the path-breaking new development. He stated that the Healixa team had managed to ‘achieve the impossible’ and opened up the possibility of a future that would be regenerative. He went on to add that the capability of producing uncontaminated and pure water from the atmosphere was a ‘game changer’.
