LiqTech International, Inc. (NYSE MKT:LIQT) Q3 2018 Earnings Conference Call Transcript

Nov 14, 2018 • 11:00 am ET

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LiqTech International, Inc. (NYSE MKT:LIQT) Q3 2018 Earnings Conference Call Transcript

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Presentation
Operator
Operator

Good day, ladies and gentlemen, and welcome to the LiqTech International Third Quarter Fiscal Year 2018 Financial Results Conference Call. All participants will be in listen-only mode. (Operator Instructions) After today's presentation, there will be an opportunity to ask questions. (Operator Instructions) Please note that this event is being recorded.

At this time, I would like to turn the conference over to Robert Blum of Lytham Partners. Please go ahead, sir.

Executive
Robert Blum

Thank you so much Denise. Good morning, everyone and thank you for joining us today to discuss LiqTech International's third quarter 2018 financial results. I'm Robert Blum of Lytham Partners, and I'll be your moderator for today's call. Joining us on today's call from the company is Sune Mathiesen, CEO of the company.

Before I turn the call over to Sune, let me remind listeners that the following conference call, there will be an open Q&A session. You should also note that a replay of this call will be available shortly following the conclusion of the live call, and that a transcript of the call will be available on the Investor Relations section of the company's website shortly thereafter.

Before we begin with prepared remarks, we submit for the record the following statement. This conference call may contain forward-looking statements. Although forward-looking statements reflect the good faith and judgment of management, forward-looking statements are inherently subject to known and unknown risks and uncertainties that may cause actual results to be materially different from those discussed during the conference call. The company, therefore, urges all listeners to carefully review and consider the various disclosures made in the reports filed with the Securities and Exchange Commission, including risk factors that attempt to advise interested parties of the risks that may affect our business, financial condition and the sales of operations and cash flows.

If one or more of these risks or uncertainties materialize or if the underlying assumptions prove incorrect, the company's actual results may vary materially from those expected or projected. The company, therefore, urges all listeners not to place undue reliance on these forward-looking statements, which speak only as of this date and the date of the release and conference call. The company assumes no obligation to update any forward-looking statements in order to reflect any events or circumstances that may arise after the date of this release and conference call.

Now I'd like to turn the call over to Sune Mathiesen, CEO of LiqTech International. Sune, please proceed.

Executive
Sune Mathiesen

Thank you very much, Robert, and good day to all of you. Thank you very much for joining us today to discuss our third quarter results and the outlook for our business. Since we had a conference call just a few weeks ago, I'll keep my prepared remarks brief and try to leave room for as many questions as possible.

As you can see from the press release, we made tremendous progress during the quarter. And let me start by highlighting a few of the key accomplishments. First, even though early