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Content analysis
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New words:
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Removed:
advice, afford, Al, allocated, Andreassen, assistance, bio, Bioffuel, biofuel, BMD, borrow, brother, burden, complementary, concentration, consult, contemplated, counterpart, Egypt, entry, exceed, exchanged, fact, Gordon, Imtech, insufficient, invalidation, issuing, John, Khaleej, Laksya, Lasse, mailed, McKinley, merged, Merger, narrowing, Neil, Nemelka, Obama, opened, opening, operated, OTC, outsource, Pacific, Persh, pertaining, Pike, placement, program, promissory, pronounced, proposal, reconstituted, replacement, Republic, resigned, rest, RIPE, shareholder, Sonneland, sugar, Tattarsall, Tattersall, tendering, treating, UAE
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Exhibit 21
Subsidiaries
1) LiqTech USA, Inc., a Delaware corporation;
2) Liqtech A/S, a Danish limited company, organized under the Danish Act on Limited Companies of the Kingdom of Denmark;
3) LiqTech International A/S, a Danish limited company, organized under the Danish Act on Limited Companies of the Kingdom of Denmark;
4) Liqtech NA, Inc., a Delaware corporation; and
5) LiqTech Systems A/S, a Danish company