Alkaline Water Comp Inc (WTER)

[bottomfeeder]

The most important is capital structure. glad wter still has no toxic financing. use of common shares and derivatives is done responsibly. ceo and cfo are major holders of common and related options with incentive to limit dilution otherwise their own shares will lose value like the rest of us. non-gaap results in right direction. cash used and financed responsibly. issued shares for services are probably sold and factored into price by now. .07/.10 warrants were more favorably to holders than i would have preferred but at least wter got cash for them. as far as penny stocks go it looks very good to me with no surprises. next 10k with anticipated $10m+ sales will reveal a different looking company. in only 17k stores out of 150k still lit of room to expand and reach profitability. use of cash looks good. note they upped the guidance from 20k to 25k stores by year end. hiring more staff. increasing travel costs to place in more stores. with each new quarter the price will settle on higher base. i see solid moves on fundamentals to .50 even $1 or a buyout.