BioLargo is a unique company in many ways, the most notable
of which is our structure – we are an emerging, publicly-held company with
multiple separate and unique business units. BioLargo® Water develops our
disruptive and wide-reaching AOS water treatment system, Odor-No-More manufactures
and sells CupriDyne® Clean Industrial Odor Eliminator, BioLargo Engineering,
Science & Technologiestm (BLEST) is our full-service
environmental engineering company, and Clyra Medical Technologiestm features
our revolutionary wound care technology. What many people don’t realize about
this unique structure is the tremendous opportunity for synergy between
business units, and how this synergy can and does grant us access to vertical
market segments that we would not otherwise have access to.
A great example of this is unfolding right now. If you
follow our disclosures, you’ll know that our subsidiary Odor-No-More has, in
the past few quarters, enjoyed significant and growing success selling its
industrial odor control chemistry solution CupriDyne Clean to the municipal
solid waste (MSW) and wastewater treatment industries due to its superior
performance and price advantage over competing products. Now, however, we are expanding
our business strategy whereby to bidding (and winning) on contracts to design,
build, and install (DB&I) custom misting systems for our odor control
clients, with the design component being handled in-house by our very own BLEST
engineering team. The addition of the BLEST team enables us to offer
unparalleled engineering quality and precision vs. our competitors, making this
a unique and powerful example of inter-subsidiary synergy.
At the request of our clients, we (Odor-No-More) and BLEST have
put out more than 20 bids on misting system design, build, and install
(DB&I) contracts, and have recently started to win contracts to build,
install, and service customized misting systems designed by BLEST. These custom
misting systems grant our customers unparalleled odor control delivery that is
perfectly suited for their needs, rather than being “one size fits all”
delivery systems. Consequently, our customers’ odor problems are more
efficiently mitigated, and less chemistry is wasted. These misting systems are
also, naturally, designed to be used with our own CupriDyne Clean, and
management expects that these contracts will result in additional increases in
product sales over the coming months and years.
In one more specific example of this, we recently put out a
bid on a large contract to install custom misting systems on the trash
compactors of more than 200 locations of a nation-wide retail chain. This is a
perfect example where synergy with BLEST has led to Odor-No-More’s enhanced
offerings attracting large potential customers. This contract and more have the
potential to grow Odor-No-More, BLEST, and BioLargo enormously, which is why
this strategy is key to our success.
As we march forward, we will continue to highlight our
continuing integration of technology, products and services to serve customers
with solutions that work and provide unsurpassed value.
What is a BioLargo
Spotlight?
It’s an exciting time
at BioLargo. We’re moving fast, and it can be difficult to keep our
stockholders and the investing public informed of our progress. In light of
this, we will be posting a series of short articles titled “BioLargo
Spotlight”, highlighting certain business activities and other important
information in between our required SEC filings. Of course, these do not
replace our public filings, which contain more complete information than can be
delivered in this forum, and thus we urge you to carefully read and rely on
those filings for definitive information, and to review our risk factors and
caution regarding forward-looking statements. We are optimistic about our
business as we work hard to continue to grow and ultimately generate profits
for our stockholders.
Legal Disclaimer
Our attorneys remind
us that while we believe these developments are important and that these small
victories could add up and lead to big victories, at this stage they do not
rise to the level of an official material disclosure. As the size and magnitude
of these developments become material, we will naturally report that
information in an 8-K and our regular SEC filings.