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The SEC doesn't even have filings for this company, nor does Edgar.com
Yahoo Finance (SEC Filings) can't find it, nor can CNBC.
What kind of scam is this one.....?????
Nice website: a Go-Daddy Parked Page.....LMAO
http://www.royalspringswater.com
What is the latest here??
Many vastly underestimating Maxell's role
Maxell was likely the firm that get RSW listed via the rev merger. They are likely doing RSW a service by putting out the facts on a new issue. Essentially this wasa silent IPO - so let MAxell make some noise., OTCBB is hopefully on its way. Sure everyone wants to see $$ not LOI, but hey you got to start somewhere.
Long on this issue.
That disclaimer is associated with most PRs with pinks???
Isn't fax blasting illegal? Who runs Maxwell?
For info on Royal Spring Water
-- The above statements in regard to Royal Spring Water, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Royal Spring Water's beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes.
You are likely to get your fingers burned - are you really supposed to trust these guys the way they are marketing the stock in their company?
FYI -
Royal Spring Water is using www.maxwellnetwork.com to sent spam unsolicited faxes to peddle their penny stock. Very poor business practice
who is sending the faxes??? and why???
seems there is continued interest in the stock. not sure if it's because of the fax, but if they are able to deliver, 3-4$ is not out of the realm of possiblity IMo.
Who is Maxell?? It si weird that it has contracr PR after contracr PR ???
This company has poor business plan: it is trying to peddle its stock with unsolicited faxes through Maxell. Beware.
JRA
Who is driving all this buying into the stock??
anchorcheck,...no it was not your post that brought any of my inquiries/suspicions to ESYY.
the whole structure and the PR firms and the lack of cash to operate with is suspect.
is water a buzz word now,...maybe. but then so is solar, and alternative, and hybrid, etc. i find many companys just land themselves on a trend and pump it.
is ESYY legimate?,...i don't know. is ESYY a scam,...i don't know. can ESYY deliver on what they have released in recent PR's,...i don't know.
is it ESYY responsibiity to give shareholders all the information they need to make an informed investment decision,...yes.
so far its run-up form the 1.01 level to 1.45,...and now turning down. is that normal for any companys stock,..yes.
but being a new issue,...with no history,...i'll watch for a while, while doing some more DD.
Well, gee. I hope my post wasn't responsible for this debacle.
It would have come sonner or later, anyway. Classic run up on a promotional mail campaign.
I have to start one of these companies.
Now, lets see....whats trendy?
Bottled water? No, old hat.
Honestly, I just stumbled across this board last night, reading what was new on Ihub. I'm trying to get ideas for what type of message board software works for an investor website, and I'm trying to learn how to navigate through IHub.
You can find me on the Raging Bull CPTC site if you want to learn more.
I can't say anything about what I'm doing, cause I was warned by IHub not to "promote". I don't think I was, but they must be very sensitive.
i agree with you anchorcheck,...this company has a PR firm (Maxwell) that has contracted with third party companys (newslewtters, mailers,etc.) to hit the mail with the touting of ESYY.
one such company (Myers Secret Stocks)was paid $500,000 for the "printing and mailing and distributing" of their newsletter. i got it in the mail.
now tell me,...how does a company (ESYY) with no revenues or sales (just letters of intent for proposed sales) have the cash to inspire their PR company to pay a half a million dollars to just this one third party firm ? it appears to me that if the cash is not available then they are given company shares. and most likley these shares are freetrading...
THIS IS FROM THEIR OWN LATEST FILING >>>
Stock issued for services 9,624,000
define "services",...does this mean shares given to PR firm like Myers ? if that is the fact then,...
someone might want to call the company to discern this.
this is why the pps is tanking today.
just my take on it.
50k block buys continue. We are looking at a $2+ stock very short-term in ESYY. Some big developments in the works imo.
In case you haven't noticed, bottled water is already a big deal in the US. Ground floor was years ago.
These start up companies with the promotions in the mail, and issuing 100's of thousands of shares for the promo are a way for the owners to print money.
If the company does get up and running, so much the better, for them. But they'll do fine just on the pump.
It will take many shares sold for cash to get this off the ground. And they'll be fighting competition the whole way.
Good luck.
This is all an educated guess. I could be wrong. But, chances are that I'm not.
Anchor
Welcome to IHUB.
Appreciate your advise and concers. Yes, this is a 'new' company... and it does have a future, sales contracts in place and I'm certain additional contracts with more marketing.
Bottled water is a 'growing industry'. Starting-up in the USA and booming outside of the US.
I can honestly tell you, where I reside in Europe (Italy), more natural mineral water is consumed than wine. Within the next ten years I feel the H2O market in the USA will most certainly expand.
Good to get in on the ground floor.
You have your work cut out for you, nlightn. I'm staying on the sidelines for this one. I suspect a buck and a half is more than this is worth. As part of your DD check here http://www.resort.com/~banshee/Misc/8ball/ .Haha! Seriously, I'm sure there are some better "water stocks" around. If I turn anything up, I'll post it here.
I would be very cautious on this. Do they even have sales?
A bottled water company? Big deal, this is a very competitive industry. How are they supposed to build a marketing organization, and ramp up production, etc. Its all going to take cash.
Wait a few years. If this company becomes successful (commercial), you'll still have a chance to buy it in the next few years, and probably at level below here.
I just wandered over here. I'm looking at IHub to see the features they have, and explore the site.
'guru' - Sounds great. Thanks for your opinion, appreciate it!
ESYY continues to go North and with more exposture will start to spread! The best to you! Saluti!
mthead,...i want to attempt to discern how many of the companys shares are out for "services" (paid pr firms), how many shares each company principle owns and in what capacity( 144's, restricted, etc), any S-8 filings, when a more up-to-date filing is expected and any other applicable informationthat might affect the pps of the share structure.
no position right now,...still performing DD.
ESYY got off to a great start. Still climbing
stockguru,...can you share with board,...
- the name of the individual who you spoke to?,...
- the contact number + extension of this individual
as we all perform our due diligence, information like this is needed for informed investment decisions.
TIA
yeah, no kidding, probably hit $2 when that happens. People just don't realize how huge this industry is, going to be #1 in the world.
Thanks, nlightn. I also just learned the stock is being touted in paid promo's. That doesn't neccessarily mean there's anything wrong with it but it does make me a little more cautious about diving right in. Two other obsevations that also may not mean a thing but I'm considering. 1- the bottling plant pictures show only very small water bottles and 2- the company is incorporated in Nevada, which has more than it's share of Pump & Dumps.
I think I'll sit on the sidelines and watch this for a while.
I just spoke with IR and they told me the O/S is 30,072,000 and the float is approximately 3M
I think that the float is going to be absorbed very soon, then it will make a big move higher as shares will be nonexistent
ESYY Looks strong, setting new highs and chart in a great uptrend. I like this IPO alot after doing more research on it this weekend. I'm thinking a break of $2 where it will gain some new momo and head towards $2.50-$4 Actually its 2006 projections give it a $3.25-$4.00 valuation or so correct?
mthead,..i found the share structure from one of the company most recent filings.
http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001121598%2D05%2D000003%2Etxt&FilePath....
but since they have have operations from Easy.com to RSW they just adopted the share structure from the existing company it appears. so,...that means that at any time they can change the share count.
also , as you read through the filing you will notice that they have financed their (lack of) growth with giving shares away for "services".
and in these filings there is no mention of RSW,...so we really don't know anything regarding how RSW will really be condicting itself if our only source of information is the filings.
additionally i can recall receiving a mailer from an IR firm (it might have been Maxwell) who is getting a fee for the advertisement of RSW. if my memory serves me it was $2,000 a month for 12 months and 500,000 free trading shares in RSW. so at any time 500,000 free trading shares can hit the market and take the pps down. also how many shares do the principals hold and in what catagory?,...144's?,...there is no information for the shareholder to ascertain. in my way of thinking thats the good news and the bad news.
what is important is the management and its past and present ability to perform in the manner in which their press releases are suggesting. 1- who is management and what is their past history with other companys, 2- do they actually have the business accumen to perform, 3- do they have the business sense to build the company and bring it into a more public view (Dasini, Aquafina.etc) and thus gave value to the shareholder.
those are some of the important questions. especially for a pinksheet company that has a pps of $1.40 area.
Kool, i like this you guys see projections
looks good must be with move sono announced to bb.
good luck longs
Thanks for that great info. From the share structure alone this should see a great move. Now factor in the sector in which it is positioned and the potential growth that is expected to hit that sector short-term. This has the word "HUGE" written all over it. I will be adding more on Monday
This looks interesting. I emailed the IR firm, asking about the share structute. All I'd found was "30,000,000 outstanding at www.pinksheets.com . Thank you for those numbers, nlightn. Where did you find them and do you have a link?
Preferred stock, authorized 5,000,000 shares
par value $ .001: none outstanding - -
Common stock, authorized 50,000,000 shares,
par value $ .001, issued and outstanding
- 10,024,000( August 31, 2004 - 10,024,000)
And it will be moving up more to 3.00!
ESYY PR just announced Plan to File for Listing on OTCBB.
along with that Royal Spring Water Receives Letter of Intent for Puerto Rico, Caribbean Islands and Latin America
November 28, 2005
Royal Spring Water, Inc., bottler and distributor of Artesian spring water, has received a letter of intent for a minimum three-year contract for the territories of Puerto Rico, Caribbean Islands and Latin America, for approximately 1,000,000 cases per year (24(x) 500 ml (16.9 oz) bottles per case). The letter was signed by Jose Fuentes, president and CEO of Aguas Claras International Distributors, Inc.
"We are delighted to have such an important distributor join Royal Spring Water's distribution companies," said CEO and chairman of the board Alex Hazan from his office in Los Angeles.
"We are very pleased that Royal Spring Water would be able to supply us in Puerto Rico with a very high quality of bottled water for a very competitive price,” said Fuentes. “Based on both the taste of Royal Spring Water and output quantity, it would be economically advantageous for us to obtain our supply of bottled water from Royal Spring Water, and we welcome such opportunity.
ESYY - Sorry for the 'oversight'.
ECYY - This caught my eye last week! Nice to see this board just 'opened'. Their "EXCELLENT QUALITY" of water seems to be a BOOM, already! Bottled water in the USA will probably surpass the volume of consumption in Europe and there is a very high comsumption rate here where I live, in Italy! In sum, with the recent Letters of Intent and future growth - this stock could have a very bright 2006! Patience, ESYY hold great potential!! LOL to all. Saluti!
Here's some nice dd for starters on this IPO
ESYY - Water is going to be very important as we continue to dump waste products into our streams and oceans and as populations increase... Water is the next Oil as there will be a shortage imo. This is just getting started $2.50-$4.00 imo short term.
Chart: http://stockcharts.com/def/servlet/SC.web?c=esyy
http://finance.yahoo.com/q?s=ESYY.PK
Royal Spring Water Announces Plan to File for Listing on OTCBB Friday December 9, 11:03 am ET
Royal Spring Water receives Letter of Intent from Crystal Splash valued at over $6,000,000 for a 3-year term
PR Newswire (Wed, Dec 7)
Royal Spring Water receives Letter of Intent valued at over $4,000,000 for a 3-year term
PR Newswire (Tue, Dec 6)
Royal Spring Water receives Letter of Intent for the territory of Puerto Rico, Caribbean Islands and Latin America
PR Newswire (Wed, Nov 23)
Preliminary testing done by an independent laboratory shows that Royal Spring Water has one of the most purest waters in the world
PR Newswire (Wed, Nov 16)
Royal Spring Water Commences Trading
Business Wire (Wed, Nov 9)
ESYY has been moving up everyday and looks to explode on increased volume signing Letter Of Intent contracts almost daily! Could become a big player do some DD on this puppy!!IMHO!!
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