Bioshaft Water Technology, Inc. (BSHF.OB): Quenching Investors’ Thirst for Profits?
Bioshaft Water Technology (BSHF) is a designer and manufacturer of wastewater treatment facilities. The two-year old company conducts most of its business in the Middle East, the United States, Central and Eastern Europe, and Asia. In fact, last month, Bioshaft Water said it signed an agreement with a company in Qatar to help expand Bioshaft's presence in that Middle Eastern country. It is expected that demand for fresh water will only increase as the world's population expands. The bottled-water industry is a $47 billion on its own, and that doesn't encompass the need for water for basic sanitation. Bioshaft's treatment…