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Description of Business
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WaterPure International, Inc. was organized under the laws of the state of
Florida on July 22, 2005 and conducts business as a marketer and manufacturer of
Atmospheric Water Generators ("AWG"). Though originally structured as a
marketing entity, we have now become a manufacturer of AWGs after licensing
patents from Everest Corp. and developing our own new line of AWGs under those
patents. This strategic decision has led to sales fluctuations due to allocation
of resources to research and development in some of our previous operating
periods.
We are a development stage company until the sale of these new products lead to
recognition of significant revenue. We want to be identified as an
environmentally sustainable business. Clean drinking water is becoming a scarce
commodity as our population increases. Additionally, it is our goal to utilize
the intellectual property from Everest Corp.
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