Last $0.13 USD
Change Today +0.0005 / 0.38%
Volume 132.8K
ESPH On Other Exchanges
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

ecosphere technologies inc (ESPH) Snapshot

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12/13/13 - $0.33
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ecosphere technologies inc (ESPH) Details

Ecosphere Technologies, Inc., a technology licensing and manufacturing company, develops environmental water treatment solutions for industrial markets in the United States and internationally. The company offers mobile water treatment and recycling services to energy exploration companies utilizing its patented Ozonix technology. The Ozonix process is an advanced oxidation process (AOP) used by energy exploration companies to reduce costs, enhance treatment efficiencies, and eliminate harmful chemicals from wastewater treatment operations. The company’s Ozonix technology could be used to replace chemicals in a range of industries and applications, including agriculture, energy, food and beverage, industrial, mining, marine, and municipal wastewater treatment. It also provides Eos PowerCube, an off-grid micro utility solution that is used in various markets and sub markets, including industrial remote utilities, off-grid telecommunication base stations/cell tower support, military base stations/remote utilities, humanitarian relief and emergency/disaster preparedness, remote habitation, and others. Ecosphere Technologies, Inc. was founded in 1998 and is headquartered in Stuart, Florida.

ecosphere technologies inc (ESPH) Top Compensated Officers

Co-Founder, Chairman, Chief Executive Officer...
Total Annual Compensation: $944.9K
Co-Founder, Senior Vice President of Administ...
Total Annual Compensation: $139.7K
Chief Financial Officer, Chief Accounting Off...
Total Annual Compensation: $79.7K
Chief Operating Officer and Director
Total Annual Compensation: $208.0K
Compensation as of Fiscal Year 2013.

ecosphere technologies inc (ESPH) Key Developments

Ecosphere Technologies, Inc. Announces a New Purchase Order from Fidelity National Environmental Solutions

Ecosphere Technologies, Inc. announced that the company has received a purchase order from Fidelity National Environmental Solutions (FNES), to begin construction on a second Ozonix(R) EF10M unit for Hydrosphere Energy Solutions, a sub-licensee of FNES, to deploy its patented Ozonix(R) water treatment technology in the territory of Alberta and North East British Columbia, Canada.

Ecosphere Technologies, Inc. Announces Technology Licensing Agreement with Brasil Clean Energy

Ecosphere Technologies, Inc. announced that it has signed an exclusive technology licensing and equipment purchase agreement with Brasil Clean Energy to deploy its patented Ozonix(R) water treatment technology for the Food and Beverage industry in Brazil. Under the terms of the agreement in order to maintain exclusivity, Brasil Clean Energy is required to purchase a minimum of $5 million worth of Ozonix(R) equipment during the next two years, plus a royalty payment based on usage or revenue, with a minimum amount earned per machine. Brasil Clean Energy has funded the purchase of its first Ozonix(R) water treatment system and manufacturing has begun at Ecosphere's corporate headquarters in Stuart, Florida.

Ecosphere Technologies, Inc. Auditor Raises 'Going Concern' Doubt

Ecosphere Technologies, Inc. filed its 10-K on Mar 17, 2014 for the period ending Dec 31, 2013. In this report its auditor, Salberg & Company, P.A., gave an unqualified opinion expressing doubt that the company can continue as a going concern.


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