LifeQuest World Corp. (OTCID: LQWC) announced the completion of its acquisition of an established Pacific Northwest waste management equipment company, adding approximately $3.5 million in annual revenue and transforming the company into a revenue-generating, multi-subsidiary environmental services platform. The acquisition closed effective June 12, 2026, and was structured as an all-equity transaction with no cash consideration, issuing 3,338,290 shares of Series B Preferred Stock and an $85,000 unsecured promissory note.
The acquired business, comprising two Oregon corporations, has operated for decades in the commercial waste management equipment sector, serving businesses, institutions, and municipalities across Oregon, Washington, Idaho, and Montana. Its services include equipment sales, rentals, installation, preventive maintenance, and specialty cleaning. For fiscal year 2025, the business reported revenues of approximately $3.5 million and a normalized pre-tax income of about $211,000, excluding non-recurring charges. As of December 31, 2025, it held $581,665 in deferred revenue, providing revenue visibility for 2026.
With this acquisition, LifeQuest now operates three wholly-owned subsidiaries: the two acquired entities and BioPipe Global Corp., a decentralized wastewater treatment technology company. BioPipe's patented biological treatment system operates inside a pipe, producing no sludge and requiring no chemicals, with 52 installations across 11 countries. The combined platform addresses global environmental challenges in clean water and sustainable waste management, serving markets estimated at over $211 billion.
Management outlined a strategic roadmap following the acquisition. LifeQuest intends to engage a PCAOB-registered auditor for a consolidated audit, file a Form S-1 or Form 10 with the SEC to become a fully reporting company, seek shareholder approval for a 1-for-40 reverse stock split, and apply for listing on the OTCQB Venture Market. CEO Max Khan stated, "The revenue foundation that the Acquired Business provides is essential for a credible SEC registration and OTCQB uplisting process."
For more information, visit www.lifequestcorp.com and www.biopipe.co.
