Alkaline Water Comp Inc (WTER)

[JJM111]

it's about 8% not 41% , this is a lease rate not an interest rate. It is used in capital leases and must be converted to an interest rate which in this case is a little over 8% money. Second the warrants were issued "out of the money" and therefore the lessor must believe in the company and

Finally, the exercise of the warrants will result in a cash infusion to the company offsetting much of the lease cost.