Cavitation Technologies, Inc. Provides Corporate Update and Letter to Shareholders, Goals for Fiscal Year 2025, and Recent Transaction With Desmet Belgium, SA
CAVITATION TECHS INC (CVAT)
NASDAQ:AMEX Investor Relations:
ctinanotech.com
Company Research
Source: GlobeNewswire
CHATSWORTH, Calif., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Cavitation Technologies, Inc. ("CTi" or the "Company") (OTCQB: CVAT), a leading ESG company designing and manufacturing innovative flow-through nano-technology systems for fluid processing applications worldwide, provides a corporate update and letter to shareholders. Dear Shareholders, Our fiscal year, ending on June 30, 2024, has been challenging, but it has allowed the company to clearly define both near- and long-term strategies, develop new technologies, and position us to pursue multiple opportunities in water treatment and remediation applications. We have also continued joint efforts with Alchemy Beverages, Inc. to monetize their alcoholic beverages and small kitchen appliance Barmuze. In 2024, the market valuation of our company was reduced to approximately $3 million, which limited our ability to fund operations and pursue opportunities in water remediation. It is no secret that the overall Micro Cap Market has been
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Sec Filings
- 11/14/24 - Form 10-Q
- 9/30/24 - Form 10-K
- 9/16/24 - Form 8-K
- CVAT's page on the SEC website