Phoenix, Ariz.–(Newsfile Corp. – February 3, 2022) – The Stock Day Podcast welcomed BioLargo, Inc. (OTCQB: BLGO), a company that invents, develops and commercializes innovative platform technologies that solve challenging environmental problems such as PFAS contamination , advanced water treatment and industrial odor and VOC control. Dennis P. Calvert, President and CEO of BioLargo, was joined by Stock Day host Everett Jolly.
“What makes BioLargo unique in the field of clean technology and environment?” asked Jolly to start the interview. “It’s all about sustainable environmental solutions, and we like to focus on big problems with huge markets,” explained Calvert. “Commercial opportunities are expanding rapidly, so we really do have an exceptional growth opportunity.”
Jolly then inquired about BioLargo’s recent partnerships and their significance. Calvert explained that after developing their innovative technologies, partnerships are necessary to achieve meaningful commercialization. “Once you get there, you become partners to success,” Calvert said.
Calvert expanded through its partnership with Garratt-Callahan. “Garratt-Callahan is the largest privately owned body of water [treatment] companies in North America,” he said. Our companies have been working together on a new “minimum liquid discharge” product for industrial equipment. “The goal of this partnership is to sell around 30 to 50 units [in the first year that it launches].”
Calvert went on to talk about Ikigai Holdings, LLC, with which BioLargo has partnered to bring an odor control product for pets to the consumer market. “Ikigai is made up of experts in the branding business [who have] have launched numerous products throughout their careers,” he said. “Backed with venture capital, [they are] focused on the idea of using their particular talent, which is brand building, and they chose our pet odor control product as a platform on which to build their business.”
“They have a big vision of a $1 billion a year brand,” he continued. “We’re getting a producer margin and a 6% royalty on the technology and 20% on the exit,” Calvert said. “That’s a great thing.”
Jolly then asked Calvert about his technology that removes per- and polyfluoroalkyl substances (PFAS), also known as toxic “forever chemicals,” from water. “Our solution [the BioLargo AEC] is a cost-effective solution with a low environmental impact,” said Calvert. “This [PFAS] Chemicals have been linked to adverse health effects,” he explained. “It accumulates in your body, in the soil, it’s everywhere.” He then explained that the main advantage of the AEC over competing technologies is that it produces less than 1/1000 the PFAS-laden solid waste product in comparison to competitors while remaining economical and effective.
“Who are you targeting?” asked Jolly. “We are working with one of the largest municipal water companies in the industry,” said Calvert. “We work with supply chain partners that serve military bases,” he added. “We are also working with mining in the early stages,” Calvert said, adding that the company is working to develop commercial trials in each of these markets.
“Do you think this is a good time for companies to look at environmental technology companies like BioLargo?” asked Jolly. “The world is getting wiser about the dangers of these pollutants,” Calvert said. “We have great technology and people who make it work, and we love our customers.”
Concluding the interview, Calvert spoke about the importance of BioLargo’s potential as they continue to grow in the clean technology space and bring their environmental solutions to market.
To hear Dennis Calvert’s entire interview, follow the podcast link here: https://audioboom.com/posts/8024583-biolargo-inc-discusses-progress-of-key-partnerships-and-its-pfas- treatment-technology -with the.
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About BioLargo, Inc.
BioLargo, Inc. (OTCQB: BLGO) invents, develops and commercializes innovative platform technologies to solve challenging environmental problems such as PFAS contamination, advanced water and wastewater treatment, industrial odor and VOC control, air quality control and infection control. With over 13 years of extensive research and development, BioLargo holds a broad array of issued patents, maintains a robust product pipeline, and offers full-service environmental engineering. Our peer-reviewed scientific approach enables us to invent or acquire novel technologies and develop them through our operating subsidiaries to maturity. With a strong focus on collaborations with academic, community and commercial organizations and associations, BioLargo has a proven track record with over 80 grants awarded and numerous pilot projects. We monetize through direct sales, recurring service contracts, licensing agreements, the formation of strategic joint ventures and/or intellectual property sales. See our website at www.BioLargo.com.
Dennis P Calvert
President and CEO, BioLargo, Inc.
Safe Harbor Act
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, those about BioLargo’s (the “Company”) expectations regarding the impact of the COVID-19 pandemic; expected sales; and plans for future operations. These statements involve risks and uncertainties, and actual results could differ materially from future results expressed or implied by the forward-looking statements. Risks and uncertainties include, without limitation: the impact of the COVID-19 pandemic on the Company’s business, results of operations, financial condition and stock price; the impact of regional economic conditions on the company’s business, including impacts on consumer and business purchasing decisions; the Company’s ability to compete in markets that are highly competitive and subject to rapid technological change; the Company’s ability to manage frequent introductions and transitions of products and services, including market availability, and timely stimulation of customer demand for new products, services and technological innovations; the company’s dependence on the performance of distributors of the company’s products. Additional information regarding these risks and other potential factors that could affect the company’s business and financial results is contained in the company’s SEC filings, including the sections entitled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations”. the Company’s most recently filed Periodic Reports on Form 10-K and Form 10-Q and subsequent filings. The Company undertakes no obligation to update any forward-looking statement or information as of the then-current date.
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