Alkaline Water Comp Inc (WTER)

[236T568]

Very bad news for WTER



1. Simultaneous with the full execution of the Settlement Agreement, we agreed to pay Nickolas $110,000 in one lump sum (paid);


2. From the date of the Settlement Agreement, we agreed to waive the application of our Insider Trading Policy as to Nickolas, thereby removing any black-out periods for all future sales of our common stock by Nickolas;


3. Within three business date of the full execution of the Settlement Agreement, we agreed to instruct our transfer agent to issue Nickolas 700,000 shares of our common stock (issued);


4. Within 10 business days of the full execution of the Settlement Agreement, we agreed to issue 300,000 shares of our Series D Preferred Stock (issued);





https://www.sec.gov/Archives/edgar/data/1532390/000106299317004663/form8k.htm