LiqTech International, Inc. (NYSE MKT:LIQT) Q4 2018 Earnings Conference Call Transcript

Jan 14, 2019 • 09:00 am ET


LiqTech International, Inc. (NYSE MKT:LIQT) Q4 2018 Earnings Conference Call Transcript


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Good morning and welcome to the LiqTech International Investor Update 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 this event is being recorded. I would now like turn the conference over to Robert Blum. Please go ahead.

Robert Blum

Thanks so much, Brandon. Good morning, everyone, and thank you for joining us today as LiqTech International provides an update to investors. As the operator indicated, I'm Robert Blum of Lytham Partners and I will be your moderator for today's call.

Joining us today's call from the Company is CEO, Sune Mathiesen. Before I turn the call over to Sune, let me remind listeners that following the 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 conclusion of this live call and that a transcript of the call will be made available on the Investor Relation's section of the Company's website.

Before we begin with the prepared remarks, we submit for the record the following statements. This conference call may contain forward-looking statements. Although the 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 the Company's business, financial condition and 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 press 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, CEO of LiqTech International. Sune, please proceed.

Sune Mathiesen

Thank you very much, Robert, and good day to all of you. Thank you very much for joining us today on this investor update call. It has now been two months since we had our last conference call and I'm very pleased to have this opportunity today to describe our progress and the near and longer term outlook for our business. As you can see from the press release this morning, we made tremendous progress during the quarter. It's still early stages in the marine scrubber industry, but the interest for our standardized water treatment systems continues to increase. Our sales pipeline continues to grow day-by-day, and we're continuing