LifeQuest World Corp. Acquires Pacific Northwest Waste Firm, Adds $3.5M Revenue

LifeQuest World Corp. (OTCID: LQWC) has completed a transformative acquisition of an established Pacific Northwest waste management equipment company, marking a pivotal shift from a development-stage holding company to a revenue-generating, multi-subsidiary environmental services platform. The acquired entities, operating under common ownership in Oregon, bring immediate annual revenues of approximately $3.5 million and a diversified customer base spanning commercial, institutional, and municipal clients across Oregon, Washington, Idaho, and Montana. The all-equity transaction, structured with no cash at closing, involved issuing 3,338,290 shares of Series B Preferred Stock and an $85,000 unsecured promissory note. This acquisition adds to LifeQuest’s portfolio alongside BioPipe Global Corp., forming a three-subsidiary holding company that addresses clean water access and sustainable waste management.

The acquired business provides a comprehensive suite of services including equipment sales, rentals, installation, preventive maintenance, and specialty cleaning. For fiscal year 2025, it reported combined revenues of $3.5 million and a GAAP net loss of approximately $(4,400), but normalized pre-tax income stood at about $211,000 after excluding non-recurring charges like a $94,200 inventory write-down and $121,000 in expensed capital equipment. The company also holds $581,665 in deferred revenue, offering strong revenue visibility for 2026. With total assets of $1.9 million and no long-term debt, the acquired business is well-capitalized and positioned for growth.

LifeQuest’s CEO Max Khan emphasized that this acquisition is a catalyst for the company’s strategic roadmap, which includes pursuing a PCAOB audit, SEC registration (via Form S-1 or Form 10), a 1-for-40 reverse stock split, and an OTCQB uplisting. These steps aim to enhance transparency and investor confidence, while expanding the company’s market credibility. The combined entity now serves a global market estimated at over $211 billion, leveraging BioPipe’s patented biological wastewater treatment technology alongside the acquired business’s established operational revenue. LifeQuest is headquartered in Ridgefield Park, New Jersey, with operations spanning the U.S., Europe, Africa, Asia, and the Middle East. For more details, visit www.lifequestcorp.com and www.biopipe.co.