LifeQuest World Corp. (OTCID: LQWC), a diversified environmental solutions company, today provided a shareholder update highlighting continued commercial momentum across its BioPipe Global subsidiary, including three new purchase orders secured in the Philippines, and the pending acquisition of an environmental services company and its sister company, expected to close in April 2026.
The company's Philippines joint venture partner has secured new purchase orders for BioPipe decentralized sewage and wastewater treatment systems. The orders include a 5 cubic meters per day system for an electric vehicle distributor's showroom, a 5 cubic meters per day system for a major international hotel brand, a 10 cubic meters per day system for a national gas station network with over 1,000 locations, and a 20 cubic meters per day system for a university campus. Management views the gas station network order as particularly significant, as it could lead to a national-scale rollout across one of the country's largest retail fuel networks.
BioPipe units have been successfully delivered to project sites in Spain and Crete, Greece, with full completion expected in the second quarter of 2026. These projects mark an important milestone for BioPipe's entry into the European market. Additionally, the BioPipe unit destined for a major European country's embassy in Ethiopia has been fully procured and is awaiting logistics arrangements, representing a high-profile reference deployment in Africa.
The company reports that its aggregate BioPipe bid and proposal pipeline has grown substantially over the last twelve months, spanning multiple continents including Asia-Pacific, Europe, Africa, and the Middle East. This growth reflects increasing international recognition of BioPipe's cost-effective, modular approach to decentralized sewage wastewater treatment.
In a significant corporate development, LifeQuest confirmed that its previously announced acquisition of an environmental services company and its sister company is on track to close in the second quarter of 2026. The target company reported unaudited revenue of approximately $3.5 million and EBITDA of approximately $250,000 for the fiscal year ended December 2025, with recurring revenue of about $350,000. The acquisition target has also entered into an engagement agreement with Oberon Securities to raise up to $2 million in equipment financing for a Power Knot biodigester rental program, designed to generate predictable, recurring revenue streams from on-site food waste processing solutions.
Management commented, "The expected acquisition is a significant step forward for LifeQuest. It adds immediate scale, operational depth, and multiple growth vectors to our portfolio. Combined with BioPipe's accelerating global commercial activity, we believe LifeQuest is building a unique and highly differentiated environmental solutions platform with meaningful value creation potential for our shareholders."
Forward-looking statements in this release reflect the company's current beliefs and expectations, subject to risks including geo-political unrest, shipping constraints, and capital adequacy. Additional information can be found in the company's disclosure statements at www.otcmarkets.com. For more information, visit www.lifequestworldcorp.com or www.biopipe.co.
