Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
From 2015 rotflmao when otc was worth something.
80% of your otc stocks got delisted...you must have lost a tonne of money...lol otc boy
So who awarded her that accolade of Woman of The Year NY? Must have been Cuomo after Brian Benjamin nominated her. Sounds about right.
After that fake Coca Cola PR they got suspended
So anyone heard anything. Where is Fanny?
If you go to the county clerk's office online, you can do a search of deed records or call the county clerk's office. Another way is to find the local property tax appraisal district and see who is paying those taxes.
The Woman of the Year in NY sure screwed a lot of shareholders.
Sorry to hear that. You literally missed the best part about boreal. I was never a holder but used to frequent the board just to read James’ posts lmao
Lol I wasn’t around for that part
I remember somebody so pissed off that they kept calling out a poster named
“James”
But yeah I still have 2.2 million of a worthless cusip thanks to a the fallout.
I was going to divest shares but either way from here it’s a writeoff.
Lol. With golden ceo
He’s off on a Island somewhere
Best ceo golden ceo lol lol lol.
Miss that dude
Shitest company on the otc...I smell shit when I see this on my web browser lmfao
That would be great; if possible!
Time to reregister and run it:)
Just checking to see if people still pop in
where are we supposed to updated on bankruptcy progress. I have CUSIPs and need to stay on top of it. Thanks.
They will go unpunished.
It’s the OTC
Remember this? On November 16, 2015, Boreal Water Collection, Inc. entered into an agreement with Saleh Al Sagri of the Kingdom of Saudi Arabia
So who is fulfilling that water agreement now?
Does anyone know where to check to see
if Boreal’s property is for sale or has been sold?
4496 State Road, 42 North
Kiamesha Lake, New York
12751
Lol lol lol. Gold ceo. #1 lmfaoo
James (Robert) and Fran need to pay! This can't go unpunished.
Let me know if I can be of any help.
Thanks Linda for the great efforts here. The big circle is almost closed with it going from her front pocket into her back pocket picking up a new partner or two along the crooked path.
It looks like the Judge has granted Red Woods
Investments Foreclosure Motion:
PROPOSED JUDGMENT OF FORECLOSURE
Decided: 05/23/2019
GRANTED ON 5-1-19
Before Justice: HON. STEPHAN G. SCHICK
The NY Foreclosure Proceedings are now closed.
I will have to check with the Receivership
Docket to find out when Boreal will be sold.
I think it is put up for Auction within 30 days.
There is zero showing up yet on the Receivership
Docket about the Foreclosure. The last entry was
March 20, 2019:
“ Order Ratifying Receiver's Final Status
Report and Granting Motion to Dissolve
the Corporation Placing the Receiver as
Trustee in Liquidation under NRS 78.590
and Discharging the Receiver “
Wow it keeps getting worse smh
Red Woods Investments has already won the
Foreclosure Lawsuit and once it is out of Bankruptcy
the Foreclosure Lawsuit will be completed and
it will gain possession of the Facility and sell it
to pay off the approx $ 1.5 M it is owed.
Also - I recall Francine telling me in an e-mail
that John Marren - who purchased Alpine Springs -
owns another Spring and Bottling Facility in
NY State or near NY State somewhere.
If Boreal Water has not kept up its payments for the
Lease of Alpine Springs - since it closed in Jan 2018 -
then the Lease may have been breached and is
no longer valid. In which case Boreal Water will
no longer have access to the Alpine Spring water.
In which case, the Bottling Facility is useless as is.
Report Securities
Report Suspected Securities Fraud or Wrongdoinghttps://www.sec.gov/tcr
Boreal’s value would have been significantly
increased by the purchase of Alpine Springs.
John Marren bought Boreal’s first right to
purchase Alpine Springs for $ 150,000 and
is now in a position to sell it for a profit.
Since the bottling plant has not been maintained,
and some equipment and copper piping/wiring
is missing, it may never be used again as
a bottling facility.
A buyer of Alpine Springs could build its own
new and modern Bottling Facility on the property.
Here is an excerpt from the Receiver’s Report
dated Feb 3, 2019:
“ 17. The Receiver continues to be held in a
stalemate position due to the first mortgage
foreclosure activity and the UCC-1 filings
by two creditors that attach all the assets
of the Company.
The 1st mortgage holder will likely seize
the assets by June of this year leaving the
estate with nothing to sell or leverage.
18. The Receiver has attempted to collect
amounts that could be deemed “Criminal Usury”
under New York Law, but those litigation
attempts have proven to be unfruitful since
the amounts issued under a merchant cash
advance (“MCA”) or toxic stock financings,
and the courts have not allowed claims in
similar circumstances. Despite this the
Receiver and litigation staff attempted via
demand letter with no results.
19. The Receiver continues to discuss the
situation with the creditors but until the property
foreclosure issues reach a resolution, the estate
is unable to propose a reorganization strategy
at this time. “
there is more to this story... the story of the big banks scarfing up as many water assets as they can.
not if presented as an ongoing story. No judgement call just an all sides view on what has happened.
I think that the media would only report on
a lawsuit - otherwise it would be slander
without any proof.
Time for a leak to the press if anyone knows anyone in media.
I don’t think the SEC could know since BRWC
was delisted in Dec 2016 and stopped reporting
to the SEC.
This may be a case for the FBI.
I talked to an FBI personnel once about a stock
and was told that since it was an SEC - reporting
company I was directed to complain to the SEC.
I think they may be prior acquaintances.
There was at least a pump and dump
scheme going on IMO.
I am not happy about the Judge in the
Receivership Case blocking further
complaints from Shareholders. I think that
this is an extreme Order.
I am going to do some research on these
2 and any more connections.
Perhaps we have a real case of collusion here, Hedge fund... very well could be James had shorted the stock while talking it up positively to get folks to continue buying despite the falling price. I cannot recall but very likely Somerset Capital was simultaneously cashing in on shares diluting. If so, this is a slam dunk for a shareholder lawsuit for fraud ...and conspiracy to defraud with two or more parties. Now I am suspicious of the judge being part of the conspiracy.
Surely the SEC is aware of this by now????
I think I know who “ JAMES360 “ is.
After BRWC was delisted in Dec 2016 a Robert Stevens
was appointed as the Receiver and either Robert Stevens
or Francine appointed a James J. Duncan as the new
President of Boreal Water in 2017.
My research shows that James J. Duncan is an
independent hedge fund and is in the same business
as Robert Stevens.
From Post # 65852
Ramseagle Wednesday, 09/27/17 01:06:27 PM
so i sent her an email asking what is happening
haven't heard anything for over a month and received this
I received your email stream below. If you have any
questions, please let me know and I will try to answer them. Thank you.
Regards,
James J. Duncan, as President of Boreal Water
Managing Partner
(845) 216-4660
Skype: jmsduncan
www.duncanhighlandergroup.com
jduncan@duncanhighlandergroup.com
www.linkedin.com/in/jamesjduncan
what happened to this company that we were told took over
Somerset Capital Ltd.
on behalf of the Court Appointed Receiver
Robert L. Stevens
The Receiver has stated that the current value of the
Facility is not even enough to pay off Secured
Creditors. So why haven’t the Creditors taken Action?
Plus don’t forget about the Foreclosure Lawsuit
that Redwood Investments won. Once Redwood
is out of Bankruptcy the Boreal Facility will be sold.
Is there an injunction or something that could be filed against the proceedings? Maybe all the investors could kick in some bucks and find some eager ambulance chaser. Just a thought. If I had the money I would do it myself. That is one heck of a good business driven into the ground on purpose to dispose of debts and shareholders. How much was siphoned off to her private Canada company?
I do not understand how the Receiver
has gotten away with putting Boreal
out of business by letting a potential
Buyer see Boreal’s list of Clients and
then letting the potential Buyer
solicit these Clients away from Boreal.
Plus under his watch Boreal’s Manufacturing
Facility was broken into and copper wire/piping
was stolen. And the roof was damaged in a
snowstorm and it appears was not repaired.
Is there no Insurance for these damages?
Someone is buying this once $ 2.4 M Facility
cheap for sure. The Facility was not in
“ horrendous “ condition when he first was
appointed and he should be sued IMO.
Now comes the screwing. As Liquidation Trustee they will sell off the property to a friend or to Frantic Frannie for pennies with a kickback to the judge. Happens frequently. Protest protest protest.
LOL abandoned since Jan 2018
probably even before that
NEWS UPDATE:
The Receiver’s Interim report requests a Change in
his Receiver position to Liquidation Trustee.
WHAT A HORRENDOUS RECEIVER. He
should be sued. He was charged by the Court
to take care of the Assets and read what he
allowed to happen to the manufacturing facility -
“ 16. The property has been abandoned and
unused since January of 2018 and is in a
horrendous state of disrepair. Any possible
sale that would satisfy the amounts owed
to secured creditors is unlikely and
likely impossible. “
What bankruptcy court do you know? It would be interesting to listen in on that bankruptcy.
Thank you for the update linda1
Neither. The Foreclosure is on hold
because Redwoods is in Bankruptcy -
which in turn places the Receivership
on hold.
Ironic to ask but is that good or bad? lol smh
Nothing new filed yet in either the Foreclosure
or the Receivership Proceedings.
Followers
|
298
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
66165
|
Created
|
09/07/04
|
Type
|
Free
|
Moderators |
Updates to the intro are coming that will show the true activity at Boreal from a historcial perspective, stay tuned......
Market Value1 | $4,057,595 | a/o Oct 15, 2015 | |
Authorized Shares | 5,000,000,000 | a/o Oct 15, 2015 | |
Outstanding Shares | 4,057,594,530 | a/o Oct 14, 2015 | |
-Restricted | Not Available | ||
-Unrestricted | Not Available | ||
Held at DTC | Not Available | ||
Float | 1,449,853,789 | a/o Oct 14, 2015 | |
Par Value | 0.001 |
http://www.otcmarkets.com/stock/BRWC/profile
#BRWC Second Place Award.
Boreal Water Collection, Inc. (BRWC) is an established bottler of premium private-labeled bottled water products tailored for each client’s particular need, be it publicity, promotion, marketing, internal use or a specific event. This emphasis on customization and quality has earned Boreal an impressive reputation, evidenced by its prestigious customer base of high-end beverage brands, retailer channels, high-end hotels and restaurant chains.
Boreal’s plant is only 17 miles from its well-protected source of natural spring water, a pristine and abundant spring source deep inside the heart of the Catskill Mountains. Accommodating this plentiful water supply and range of product offerings, Boreal has established a 75,000-square foot manufacturing facility.
Boreal can process a full range of water and bottle types and has the most creative staff for all private labeling needs. The company offers fully integrated turnkey service, made-to-order labeling along with distinctive water bottles.
In short, Boreal is a “Boutique Bottler” and is focusing on becoming the leader of this attractive niche of the growing multi-billion dollar bottled water industry.
Investment Highlights
Products
Boreal offers a line of award-winning water products, including functional enhanced water, infused water, carbonated water, vitamins enhanced water, flavored still or sparkling water, minerals enhanced water, oxygenated water, electrolyte water, distilled water, alkaline water, caffeinated water and natural spring water.
The company’s products are offered through three key brands:
Spring Water: Boreal purchases spring water from Alpine Farms, Inc. under a 40-year purchase agreement dated November 1, 1995, and modified April 28, 2000. The agreement provides for the sole and exclusive right to draw water from the source and sell spring water to third parties.
Distilled Water: Boreal has two private on-site wells. The water from these wells is passed through a series of multimedia particulate and activated carbon filters to remove chlorine, phenols, taste, odor compounds and organic minerals. The water is then distilled in a vapor compression steam unit. All dissolved minerals are left behind as the water is vaporized and condensed in a stainless steel still, which yields high purity finished water. After filtration and ozonation, the product is promptly bottled.
Enhanced Water: Boreal offers customers the option of enhancing their private label water by adding minerals, oxygen and even fluoride. This process is usually done after the distillation process. Boreal’s QC specialist carefully measures out the various additives per customer request, adds it to the customer-specific batch and is then bottled.
Sparkling Water: Boreal is looking to add a sparkling water line to its plant in Kiamesha Lake to appeal to a wider customer base. Sparkling water is currently available at Boreal’s sister company, Saint-Elie in Canada.
Bottles
Labels and Packaging
Pricing
The Water Source
Ideally located inside the heart of 'Americas First Wilderness', the rugged, rocky terrain of the Catskill Mountains and wild forests give way to Boreal's premiere water spring.
Lying deep inside thick, impermeable layers of prehistoric clay, the spring is naturally isolated from any possible surface drainage or run off. Exceptional geological and geographical factors have created the perfect environment for Boreal's perfect water.
Tributary pools from the enormous surrounding area and locked in subterranean gathering shelves feed the main water source. Comprised of rock from the Precambrian Era, among the oldest on Earth at more than 600 million years, the crystalline shelves create a dense, natural filtration system. This unhurried 60-year process through mineral rich stone gives Boreal's water its incomparable purity and superior taste. Boreal water’s in-ground temperature is 41°F which maintains its perfectly balanced mineral composition and creates its incredibly crisp structure.
At the source, the spring water flows underground and is naturally filtered through the stratum. The entire system is designed to ensure that this pure spring water remains natural and unadulterated.
Production Facility
Water is transported from the springs 17 miles to Boreal’s bottling plant located 90 miles north of New York City in Kiamesha Lake and is passed through a series of multimedia particulate filters to remove any sediment. After treating the water with ozone, an oxygen molecule used to ensure sanitation, the water is then bottled with its natural mineral content intact.
This 75,000-square-foot bottling facility enables the company to operate flexible bottling capabilities that can service a broad range of customers of all sizes, fulfilling their specialized water and packaging needs.
Boreal is currently working on facility enhancements, such as installing a glass bottling line and also sparkling water line, and plans to develop a national network of bottled water production facilities through an aggressive acquisition program and via selective joint ventures.
*Aerial view of Boreal’s 6.5 acre lot
Clients
Boreal’s emphasis on customization and quality has earned the company an impressive reputation, evidenced by its prestigious customer base of high-end beverage brands, retailer channels, high-end hotels and restaurant chains and brands such as H&M, Mercedes, W Hotels, Dean & Deluca, Fred Water, Wat-aah, Saks Fifth Ave, Balance Water, NY Quin Hotel, Bouchon Bakery and Princeton University, just to name a few!
Boreal products are also appealing to coffee shops, caused-base marketers, law firms, healthcare, real estate, entertainment, broadcast media, restaurants/bars, schools, fundraising events and are ideal for trade shows, gift baskets, health clubs, schools, fund raisers, sport events, spas, restaurants, golf courses, hotels and resorts, caterers, hospitals and more.
Market, Strategy & Outlook
The U.S. liquid refreshment beverage market grew by 1% in 2012, according to preliminary data from Beverage Marketing Corp., representing a third year of growth after two consecutive declining years. It also represents faster growth than occurred the year before.
Within this market, the bottled water industry has demonstrated long and sustained growth and in terms of sales and volume increases has far outpaced the beverage industry for the last 20 years. Bottled water is roughly a $12 billion market in the U.S. in 2012, and above-average growth rates of 6-9% should continue in coming years.
The industry has grown along two divergent paths, one focused on low-margin, undifferentiated, commoditized product and the other centered on innovative packaging, labeling and marketing.
Boreal is well-positioned to benefit from and has sharpened its focus on this latter trend. The company has established clearly defined strategies to expand its market reach and increase company value.
Company History
In 1884, Stephen J. Reynolds started an ice business in Monticello, New York, using natural ice from Kiamesha Lake. By 1932 Stephen’s son Aston and his son Harold A. Reynolds had assumed the business and became partners. In 1959 the Monticello Ice Company’s name was changed to A.T Reynolds & Sons and was incorporated under the New York State laws.
In 1979 the brand name of Leisure Time was developed as a seller of packaged ice to stores in three states, and 100 years after its inception the company also packaged bottled spring water.
In 1990 the company constructed new offices, bottling plant and warehouse at Kiamesha Lake, New York, and Leisure Time Spring Water was incorporated.
Six years later the company installed two Mag-Plastic Blow Molding machines and began onsite blowing of its own PET products.
In 2004 Leisure Time Spring Water’s ice business was sold to Arctic Glacier of Newburgh and the company tightened its focus solely on spring water. Over the next several years the company acquired several different accounts and bottled products to be distributed on the East Coast.
Though the company had been very successful throughout the years, in 2008 Harold Reynolds filed for bankruptcy and in April of 2009 the company was bought by Boreal Water Collection. Boreal changed the name to Boreal Water Collection, Inc. dba Leisure Time Spring Water in order to keep the brand recognition.
Majority owner and CEO Francine Lavoie is currently revamping and seeking additional lines and equipment which will increase jobs, productivity and most importantly, position the company toward becoming the No. 1 leader in private label bottled water in the northeast U.S.
Leadership
Francine Lavoie
Chairman & CEO of Boreal and Saint-Elie
Francine Lavoie holds several awards, including Best Business of the Year, Excellence in Export from the Minister of Agriculture, Best Business Builder of the Year, and Best Woman Entrepreneur of the Year. In 2001 Lavoie became the president of natural spring water bottling plant Les Sources Saint-Elie and restructured the entire company after a major fraud and near-bankruptcy situation. Her strategy included the design and execution of a new marketing approach as well as management of the entire plant operation, from sales, finance and manufacturing to obtaining a permit to increase production from regulatory agencies, which makes Saint-Elie one of Canada’s largest sources in Quebec. Lavoie’s experience also includes real estate development, product conception and international sales. In April of 2009, Lavoie acquired Leisure Time Spring Water (LTSW) and sold the company’s HOD division to a distributor in New Jersey. She has renegotiated all contracts with suppliers and customers, restructured and conducted a successful turnaround strategy, and has developed and designed a new marketing approach with a goal of making Boreal Water Collection the Northeastern U.S. leader for high-end private label bottled water. Lavoie has also already obtained approval for the status of a Regionally Significant Project under the Empire Zone State Program, which will allow the company to get taxes incentives. Lavoie has a B.A.Sc. in Chemical Engineering, P.Eng. and an M.B.A. in International Finance and Trade.
Christopher Umecki
V.P / Plant Manager / Head of Design Dept. & IT Dept. of Boreal
Christopher Umecki leads Boreal’s design and IT departments. He’s been involved in publicity, graphic design and photography for more than 15 years. Umecki’s realisations encompass photo art, logos and brochures, infography, graphics and design and production of electronic and printed material. Umecki has experience with organisations like Alfred Sung, Tropicana and L'Oreal and is recognized in the industry for his creativity and innovations. He also manages all the bottling, ordering and deliveries process, directly from the Boreal plant.
Vivian Faliski
Controller of Boreal
Vivian Faliski joined Boreal in January 2009, thus benefiting the company with her knowledge in accounting and finance. She is currently handling multiple tasks as the company’s Controller. Faliski has a Bachelor’s degree in accounting, has more than 15 years of experience in manufacturing, and has more than five years of experience in the automotive field.
Boreal Water Collection, Inc. |
|
DAILY CHART
Weekly
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |
Subscribe to Ad free and enjoy an ad-free experience
Try Now
Keep the Ads