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Friday, December 2, 2022

The Exciting Story of TOMI Environmental Solutions Inc (OTCMKTS: TOMZ)

TOMI Environmental Solutions Inc (OTCMKTS: TOMZ) has been running up the charts making huge gains and emerging as one of the move active top traded stocks on the OTCQB. Off its base at a dime TOMZ has seen recent highs near $1 and attracted a fast growing shareholder base along the way.

TOMI has skyrocketed in recent weeks as the Company reports from the front lines of the coronavirus fight. According to TOMI “As of today, CleanBit is disinfecting the hospital isolation facility and the surrounding areas on a daily basis where infected passengers are currently staying. TOMI’s Israeli partner is on national alert to assist in an emergency situation by using SteraMist to disinfect in the event coronavirus might erupt nationwide. TOMI said on thursday it is finalizing negotiations with high-level Chinese officials for use of the SteraMist Surface Unit in aiding the control of COVID-19.

TOMI™ Environmental Solutions, Inc. (OTCQB:TOMZ) is a global decontamination and infection prevention company, providing environmental solutions for indoor surface disinfection through the manufacturing, sales and licensing of its premier Binary Ionization Technology® (BIT™) platform. Invented under a defense grant in association with the Defense Advanced Research Projects Agency (DARPA) of the U.S. Department of Defense, BIT™ solution utilizes a low percentage Hydrogen Peroxide as its only active ingredient to produce a fog of ionized Hydrogen Peroxide (iHP™). Represented by the SteraMist® brand of products, iHP™ produces a germ-killing aerosol that works like a visual non-caustic gas.

The stock saw another boost on Thursday as the down dropped a record 1200 points after TOMI announced its SteraMist has been deployed worldwide to combat coronavirus (COVID-19) through TOMI’s longstanding and new international partners and customers. Already EPA-registered on lists J, K, G, and L, which include H1N1 or Influenza A (enveloped) and Norovirus (non-enveloped), TOMI anticipates to secure listing in the EPA’s upcoming publication of Emerging Pathogen Lists, which includes COVID-19. SteraMist was also featured as the only disinfectant product in the World Health Organization Compendium of Innovative Health Technologies.

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SteraMist is now the industry standard throughout China after TOMI recently received approval and registration for two (2) separate registrations – SteraMist equipment registration and BIT solution registration – from the Chinese Center for Disease Control and Prevention (China CDC). With the latest outbreak, China is able to take advantage of SteraMist disinfection and its ability to rapidly deploy throughout the country as needed. TOMI is finalizing negotiations with high-level Chinese officials for use of the SteraMist Surface Unit in aiding the control of COVID-19.

Routinely used to disinfect high traffic areas, SteraMist iHP technology has treated public transportation, ambulances, hotel rooms, offices, and universities to stop the spread of this virus. With more than 50 international customers and partners ranging from countries in Asia, Europe, and the Mideast using hundreds of SteraMist units, many of which have been deployed to stop the spread of COVID-19.

Recently, TOMI has signed on a new distribution partner in Thailand, more news will be coming shortly. TOMI has also shipped a number of units to Hong Kong to assist with new innovative ways of helping Hong Kong with their ongoing battle of controlling COVID-19.

As of today, CleanBit is disinfecting the hospital isolation facility and the surrounding areas on a daily basis where infected passengers are currently staying. TOMI’s Israeli partner is on national alert to assist in an emergency situation by using SteraMist to disinfect in the event coronavirus might erupt nationwide.

TOMI’s CEO, Dr. Halden Shane, states, “This is only a snapshot of the continued efforts we are making to stop the spread of coronavirus worldwide. The strong demand for our SteraMist surface unit is rapidly depleting our inventory – although we have an ample supply of SteraMist BIT solution. Accordingly, in anticipation of this continuing demand, TOMI has placed orders with our manufacturer for additional surface units on an expedited basis, in an effort to meet both our short-term and long-term demand. This is a dangerous virus that may remain on surfaces for at least nine (9) days and should not to be underestimated. COVID-19 will most likely be with us for a long time, maybe years.”

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Currently trading at a $70 million market valuation TOMZ has $1.1 million in the treasury and $8.5 million in assets countered by $6.1 million in current liabilities. TOMZ is already doing significant revenues reporting $4,491,719 in sales for the 9 months ended September 30, 2019. TOMI has skyrocketed in recent weeks as the Company reports from the front lines of the coronavirus fight. According to TOMI “As of today, CleanBit is disinfecting the hospital isolation facility and the surrounding areas on a daily basis where infected passengers are currently staying. TOMI’s Israeli partner is on national alert to assist in an emergency situation by using SteraMist to disinfect in the event coronavirus might erupt nationwide. TOMI said on thursday it is finalizing negotiations with high-level Chinese officials for use of the SteraMist Surface Unit in aiding the control of COVID-19. We will be updating on TOMZ when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with TOMZ.

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Disclosure: we hold no position in TOMZ either long or short and we have not been compensated for this article.

Ali Raza
A journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

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