BioStem Technologies, Inc. Announces Letter of Intent with Watermakers, Inc. to begin testing on Staniel Cay in the Exuma Cay...
June 09 2017 - 9:00AM
Marketwired
BioStem Technologies, Inc. Announces Letter of Intent with
Watermakers, Inc. to begin testing on Staniel Cay in the Exuma
Cays, Bahamas
POMPANO BEACH, FL-(Marketwired - Jun 9, 2017) - BioStem
Technologies, Inc. (OTC PINK: BSEM) ("BSEM" or "the company"), a
global corporation providing world-class solutions focused on
Regenerative Medicines, Pharmaceuticals and Blue Technologies, is
eager to announce that its Oakland Park, Florida based subsidiary,
BioBlue Technologies Inc. ("BioBlue"), has signed a Letter of
Intent ("LOI") with Watermakers, Inc. for industrial water
treatment.
Staniel Cay Yacht Club (a sister company of Watermakers, Inc.)
uses a Watermakers, Inc. Seawater Reverse Osmosis (SWRO) system to
deliver consistent water to its facility and to the entire Island.
This system is maintained by Watermakers, Inc. technicians.
Seawater is naturally fed from the ocean into an aquifer on the
Island. After being pumped out of the aquifer, the seawater passes
through a pretreatment system filtering out suspended matter that
occurs naturally in seawater and then flows through the SWRO
membranes to separate the dissolved salts in the seawater. This
Reverse Osmosis process provides fresh water for the island.
"We are excited to announce this collaboration with Watermakers
and look forward to positive testing results in the coming months,"
stated Henry Van Vurst, CEO of BioStem Technologies. The
Watermakers team along with the BioBlue technologies team will
start implementing the system within the next few weeks. Our
initial testing will be focused on increasing the efficiency of the
current Watermakers Reverse Osmois system along with creating
sustainable alkalinity of the Potable water without the use of
chemical additives.
This LOI will allow BioBlue to implement the technologies they
have acquired into Watermakers, Inc.'s operations. This is the
first major step that propels BioBlue forward to licensing the
technologies into the Industrial applications of water treatment
and desalination. Pending positive testing results, BioBlue and
Watermakers, Inc. will begin the process of certifying the results
in order to develop a licensing agreement with Watermakers, Inc. to
start the commercialization of the technologies.
About Staniel Cay Yacth Club, Inc. The island of Staniel
Cay is nestled in the magnificent chain of Bahamian Islands called
The Exuma Cays (a.k.a. "Exumas"). Staniel Cay lies approximately 75
miles south of Nassau and 250 miles of southeast of Florida. The
island itself is less than 2 square miles in area. A small Bahamian
village lies on the western shore, just a short walk south from the
Staniel Cay Yacht Club. Although small, (the island has a
population of less than 90 full-time residents) the island has most
of what anyone could need: a church, post office, library, three
small retail shops and a marine supply store. The Yacht Club has
been an established part of the Staniel Cay community since 1956.
Today there are 14 charming bungalows, an 18-slip marina, a
3,000-foot airstrip and a clubhouse with a wonderful restaurant and
casual island bar.
About Watermakers, Inc. Watermakers provides
marine and land-based systems - creating fresh drinking water for
boats, yachts, homes, hotels, marinas, other businesses (e.g.
commercial shipping & fishing, oil rigs, construction), and
islands worldwide. The current line of standard machines ranges
from 200 gallons per day (GPD) to 50,000 GPD. Our designs are
derived from over 25 years of field experience and in fact, our
original component design was the first of its kind and still
represents the industry standard as the simplest, most rugged,
user-friendly design available. Our team of field technicians and
engineers is dedicated to constantly improving our products by
incorporating the latest in technology, innovation and design. This
leads to not only superior, cutting-edge products, but also ensures
that our designs will remain the easiest to service and
maintain.
About BioStem Technologies, Inc. (OTC PINK: BSEM):
BioStem Technologies, Inc. (OTC PINK: BSEM) is a global
corporation providing world-class solutions focused on regenerative
medicines, pharmaceuticals and Blue technologies which improves the
overall healthy lifespan of our consumers. We continuously
incorporate and innovate thru the inclusion of complementary
companies and a diversified technology portfolio. This improves the
Quality of Life of our Consumers and as a result, maximizes
shareholder value.
Forward-Looking Statements: Except for statements of
historical fact, the matters discussed in this press release are
forward looking and made pursuant to the Safe Harbor provisions of
the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"future," "plan" or "planned," "expects," believe" or "projected."
These forward-looking statements reflect numerous assumptions and
involve a variety of risks and uncertainties, many of which are
beyond the company's control that may cause actual results to
differ materially from stated expectations. These risk factors
include, among others, limited operating history, difficulty in
developing, exploiting and protecting proprietary technologies,
intense competition and additional risks factors as discussed in
reports filed by the company with OTC Markets.
Contact Information
- BioStem Technologies, Inc.: Phone: 954-380-8342 Website:
http://www.biostemtech.com Email: info@biostemtech.com Twitter:
@Biostemtech Facebook: BioStem Technologies Investor Relations:
Andrew Van Vurst info@biostemtech.com 954.380.8342
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