Watermark Global Plc is a holding Company. The Company is principally engaged in commercializing process technologies, namely the process technology for the treatment of acid mine drainage. The Company�s project is the Acid Mine Drainage (AMD) project in South Africa. The company, through its wholly owned subsidiary, Western Utilities Corporation (Pty) Limited., has procured a water treatment technology and commercialization entity for application in a Government mandated AMD clean-up program in South Africa. On December 15, 2011, Western Utilities Corporation (Pty) Limited acquired 51% of Octavovox (Pty) Limited, a company incorporated in South Africa. During the year ended December 31, 2011, the Company had entered into a conditional agreement to sell its wholly owned operating subsidiary, Western Utilities Corporation (Pty) Limited.