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Pull up the ESYY (Easy.com) board here. It goes back to 2003. That has a lot of background info, and documents how members of this board dealt with ESYY / RSPG. Nothing sinister. It's all revealed in the SEC reports.
I think your assertions and implications are incorrect.
Deleted by Utah Carl
Thanks for sharing the journalistic research. The more, the better.
FM 2856 (FM = "farm-to-market road" in Texas) is interchangable with "Holly Sugar Road" in Hereford, Texas.
I tried doing a Central Appraisal District search for the owner of 3500 Holly Sugar Road in Deaf Smith County (Hereford, Texas). No ping.
I/we should have information (or not) this week from RSPG regarding the status of the Togo, Africa contract (payment is expected this week). Also, RSPG is seeking to get permission from Data Commodities to release the approximate $$$ amount of its contract with the Las Vegas school district (Clark County) to supply bottled water from RSPG.
According to RSPG's 2-28-06 financial statement, the Hereford, Texas plant is leased from T & E Consolidators.
T & E Consolidators is located in Beverly Hills, California.
T & E Consolidators also apparently owns a multi-use commercial agricultural site in Hereford, Texas that it leases to various concerns for various uses. You can see pictures of the site by googling "T & E Consolidators Hereford Texas."
Royal Spring Water apparently leases a well and physical structures from T & E Consolidators, which is Royal Spring Water's Hereford, Texas water plant.
I tried to provide links, but none of them worked. You can google the above for more info.
It may be interesting to know who owns T & E Consolidators, but it is a private company.
It may be that we have much more than Royal Springs Water at play here, and I think that may be a big plus for the stockholders of RSPG.
Crystal Splash:
Crystal Splash (Sherman Oaks, California) has a Letter of Intent with RSPG.
The LOI is apparently in conjunction with Crystal Splash's hope to move eastward across the country, supplying school districts with "approved" water and flavored water. Some states and school districts are moving away from providing soda water to children, so this would seem to be an excellent emerging market for Crystal Splash (and RSPG).
The website of Crystal Splash says:
"Crystal Splash is fully compliant with California School Nutrition Laws and Regulations - some of the most comprehensive in the nation!"
But Crystal Splash is rated "Unacceptable by Nutrition Services" of the Los Angeles Unified School District: http://cafe-la.lausd.k12.ca.us/unapprovedbeverages.htm
I haven't found anything indicating that Crystal Splash is available anywhere, but being thousands of miles away from California, I am relying on net searching. I did find that they are, in fact, approved by the "State of California Nutrition Laws."
The Letter of Intent discloses (I think) that it is contingent upon Crystal Splash locating and retaining distributors of its products (eastward of California), which would be produced by RSPG at its Texas plant.
I requested clarification from Crystal Splash, but the response came from a programmed email from its mascot.
I don't think this has anything to do with the viability of RSPG to produce, provide and/or market water to school districts.
If you sell bottled water, you shouldn't use the words "toothache" and/or "fluoride" on your label or in advertising.
"Pure," "clean," "cold," "ancient aquifer" are good words.
"Toothache," "fluoride" and "cavities" are bad words.
RSPG needs a good public relations company. Right now.
Here are responses I received from Harel Goldstein, Director, Worldwide Sales & Marketing of RSPG:
Mr. Goldstein spoke last night to the head of the Togo, Africa committee and to RSPG's local Togo attorney, who was hired to expedite the import license into Togo. The Togo Committee assured Mr. Goldstein that they would transfer funds to RSPG next week. This was also confirmed in person to Mr. Goldstein by RSPG's local attorney in Togo.
Production will not begin until funds are received next week.
Regarding the Clark County (Las Vegas school district) deal with Data Commodities to provide RSPG water to the school district, Mr. Goldstein said he will see if he can get approval from Data Commodities to release a general $$$$ amount of the contract.
These folks are officers and gentlemen.
Incoming revenue from Data Commodities contact, which is supplying RSPG water to the Clark County (Las Vegas) school district. RSPG investor relations declined to reveal specifics. I, as a "vested volunteer" of this board, am working on this.
Status of Togo, Africa contract: I am working on this, too.
There are several other basic/informational questions from posters of this board that were forwarded to Mr. Goldstein, Director of Worldwide Sales and Marketing. It's only been a few weeks. We have exchanged emails.
RSPG only became capable of producing water from its Hereford, Texas plant a few weeks ago.
My machine won't permit me to receive that map. I can get to the site, but the map won't display. Could you email it to me as an attachment? (News2all@aol.com)
I agree with both of you. The plant in Hereford, Texas only came online a few weeks ago, making RSPG viable.
However, there was no "grand opening" pr.
Within 300 miles of the Hereford plant are two newly-opened Indian casinos in Oklahoma (within around 100 miles of Dallas-Ft. Worth. Casino gambling is illegal in Texas).
The state of Texas is increasingly restricting sales of soda water at its public schools (like the Las Vegas/Clark County school district).
The Golden Nugget Casino was recently purchased by a Texas-based company (Houston) that owns many well-known national-chain restaurants and attractions (LNY). No doubt the CEO, who resides in Houston, reads the Houston Chronicle business section. LNY is a huge company and a great prospect (private label water) for RSPG.
To second-guess RSPG, they could have hired a Native American public relations company to promote the opening of the Hereford plant to the media of Oklahoma and Texas. (Native Americans were the previous owners the Ogallala Aquifer.)
"The waiting is killing me."
Does that mean you are inviting all of us for a interventive group-hug in NYC on your tab?
True, firms and people get sued all the time.
However, this involves something akin to "identity theft," which is on the public's mind; or like selling knock-off Rolex watches, DVD's, etc. If true, it's "unseemly" and involves character: not your everyday, common, run-of-the-mill lawsuit that firms and people face all the time.
Again, RSPG has absolutely nothing to do with this, but it's important that its image be as "pure and clean" as the cold waters of an ancient American aquifer.
It doesn't have anything directly to do with RSPG.
Data Commodities appears to have the ability to generate a lot of business for RSPG because it is well-connected (especially in Vegas). I sense there is a strong relationship between RSPG and Data Commodities, but that's just a "sense," not based on fact.
Data Commodities apparently is being accused/sued for distributing "look-alike" cigars.
Data Commodities' CEO (may not be his exact title) declared personal bankruptcy several months ago, so he will only be a "witness," as I understand it.
If anything at all, it may raise an eyebrow regarding who RSPG does business with (I had to push mine back down into place).
Here is a portion of the article:
a) Paul Tracy, Editor of StreetAuthority Market Advisor
----------------------------------------------------------------
What if there were a way to reduce America's dependence on
foreign oil imports? Imagine the economic advantages of a fuel
that could be produced and sold in the U.S., eliminating (or
at least reducing) the need to haul tankers full of petroleum
halfway around the world from the Middle East to the U.S. Gulf
Coast. Such a fuel could reduce energy prices for consumers,
stimulate economic growth and even reduce geopolitical
tensions in the Middle East.
That's exactly the promise held out by ethanol and other so-
called biofuels. The term biofuels refers to any energy source
that's derived from agricultural products or organic matter.
Far and away the most common biofuel in the U.S. is ethanol --
a type of alcohol distilled mainly from corn. The U.S. is one
of the world's largest producers and exporters of corn; most
of the nation's ethanol is produced directly from corn grown
right in the heartland of the U.S. Midwest. Therefore, ethanol
is totally free of political risk.
Bottom line: ethanol demand is growing quickly and the
government is actively pushing the fuel. The Energy
Information Administration, a unit of the U.S. Department of
Energy, projects massive growth for the fuel. According to one
of Tracy's charts, ethanol use is projected to grow more than
4 times as fast as conventional fuel.
How Can Investors Profit from this Growing Industry?
Tracy and his team highlight some of the best ways for
investors to gain exposure to this growing market. Check out a
few of the stocks they listed:
VeraSun Energy (VSE) is currently the second largest producer
of ethanol in the U.S., with two operating plants churning out
roughly 230 million gallons of the fuel. But that's not the
end of the company's growth -- VSE has plans to open a third
facility by the middle of next year and is in the process of
developing even more plants slated to open later this decade.
In total, capacity additions will boost output to 560 million
gallons within two years.
With ethanol demand rising quickly as an additive, the price
of the fuel should remain well-supported for some time to come.
The company sits in the enviable position of bringing more
capacity online just as demand for its product is ramping up.
Xethanol Corporation (XNL) does not use corn exclusively to
produce ethanol fuel. Instead, the company uses so called
waste biomass -- basically organic waste recovered from
landfills. And the company has plans to expand the types of
wastes it uses to produce the fuel -- including waste from
paper mills, old newspapers, grass clippings and corn stalks.
By using special enzymes, the company has found that many
different types of waste can be converted into the fuel.
XNL's technology remains somewhat unproven and the company is
in the early stages of expansion. Nonetheless, many analysts
believe that processing ethanol from organic matter other than
corn makes sense; at some point the nation's capacity to grow
corn and expand production will reach a limit.
Andersons (ANDE) jumped directly into the ethanol business by
purchasing a minority interest in three ethanol plants being
built in the U.S. Midwest. But there's more to the company
than that stake.
Specifically, ANDE is an operator of grain silos in Iowa.
Ethanol plants need a constant supply of corn to run, but corn
is obviously not grown year round. That means grain must be
stored in silos sometimes for several months to ensure
adequate supply of the grain to plants. ANDE earns a tidy sum
for storing the grain in its silos.
Thinking out loud:
How much water is currently being bottled (the plant has only been up and running for a few weeks)?
The Cameroon letter of intent for $4 mil was for bottling to begin at "the end of June," according to pr. No further announcement.
Bottling of the Togo signed contract in the amount of $6,493,530 was set to begin when full payment was received within 21 days of the 6/13 pr (if 21 business days, the deadline would be next week).
The Crystal Splash (California) letter of intent could become contractural once Crystal Splash locates distributors in their announced eastward movement across the country (aimed at providing "approved" water to school districts that are backing away from soda water).
The Clark County school district (Las Vegas) contract is between the district and Data Commodities. RSPG will supply the water to Data Commodities. RSPG has not released the amount of bottled water to be provided in that contract with Data Commodities. (Ultimately, that's information that's obtainable from the school district via the Freedom of Information Act.)
The National Lampoon announcement also does not specify a bottle amount, but it is great pr and great news for RSPG, imo.
As of today, I am up around 15%. I've proven many times to be as dumb as mud, but I like the histories of the founders of RSPG, I believe they have established international business connections, the aquifer is a positive image of their business (but they need to be very careful how they deal with certain environmental issues or it could blow up in their faces).
Information and opinions from members of this board is invaluable, to say the least. So, I'm in it for the long haul with RSPG (unless they do something as dumb as mud).
What National Lampoon news would cause a correction?
The link takes me to Frapper, but no map. Maybe it's my security settings.
Thanks for the additional information.
I asked RSPG for the amount/percentage of the 400,000 gallon/day withdrawal limit that's consumed by the Togo, Africa and Data Commodities (Clark County School District - Las Vegas) contacts (please refer to Tefaflop's post #453) and if the plant in Hereford, Texas is up-and-running. Investor Relations (apparently, a contracted company in Canada)wrote that those questions were forwarded to the company for response.
I haven't found anything indicating RSPG's net/bottle (presumedly, each contact will result in a different net). Where did you get your net?
There's a ton of information available regarding the aquifer, for instance:
http://www.kerrcenter.com/publications/ogallala_aquifer.pdf
No doubt RSPG is not limited to 400,000 gallons/day, but it looks like they will have to obtain another location if they need to increase above the 400,000 gallons/day limit at the Hereford, Texas plant. If another well is necessary, we will have hopefully already received amazing returns on our investments.
Here is another link relating to previous post (628):
http://abcnews.go.com/Business/wireStory?id=1953861&business=true
Here is an article regarding a current suit against Data Commodities (the company that has a Letter of Intent with RSPG and the one that has the contract with Clark County School District, Las Vegas, to supply bottled water that Data Commodities is buying from RSPG):
http://www.cigaraficionado.com/Cigar/CA_Features/CA_Feature_Basic_Template/0,2344,1474,00.html
Ditto!
Maybe you could get a hard copy of the mailer (from RSPG Investor Relations in Canada), which I imagine you could easily get from them in PDF:
Posted by: diditcliff1
In reply to: Robodoc who wrote msg# 6 Date:5/11/2006 4:54:35 PM
Post #of 622
Here is 1 more e-mail I recieved today. The e-mail has an Adobe Reader attachment but I dont know how to download it here.
From: "Shelly Gold" <shelly@maxwellnetwork.com> Add to Address Book Add Mobile Alert
Subject: Royal Spring Water (RSPG)
Date: Thu, 11 May 2006 14:26:50 -0400
Dear Cliff,
Please find attached the latest research report on Royal Spring Water ( OTC: RSPG ) and the global water industry, that will be mailed out to over 1 million investors across the U.S.A., through the U.S. postal service.
Royal Spring Water bottles and distributes pure, sweet water from the artesian wells of the Ogallala Aquifer of unparalled quality and purity. The company's underground source has existed for millions of years, and is part of the " Ogallala Aquifer ", one of the countries largest and best water quality aquifers. This pure water from the artesian well water is already cold and free of organic contaminants, making it desirable for drinking.
Royal Spring Water are currently putting their final touches on the fully automated state-of-the-art facility in Hereford, Texas, where pure water is extracted from underground wells, and then put through a complex filtration and bottling process.
Up to date, Royal Spring Water received Letter of Intent's for over $13,500,000 for one year and over $41,000,000 for the next three years. The company is negotating more contracts with some private and publically trading companies.
If you would like to receive a hard copy of this report, please e-mail us at shelly@maxwellnetwork.com with your mailing address, and we'll be more than happy to send you a copy.
If you have any queries, please do not hesitate to call us.
Mr. Shelly Gold
Director of Institutional Sales
Maxwell Network Group
Tel: 416-748-7800 Toll Free 1-800-596-5503
Trading Desk: 905-760-0911 Fax: 905-760-0924
shelly@maxwellnetwork.com
www.maxwellnetwork.com
SEC 10K 6/7/06:
"Under our current contracts we are allowed to pump 400,000 gallons of water per day, which translates to 2,909,090 bottles of water 500ml (16.9 oz.) per day"
I wonder what their net per bottle is?
I saw that before, but didn't realilze it came from RSPG.
Maybe Shelly Gold at Maxwell (RSPG Investor Relations) could provide a copy.
I thought (from SEC fililngs) that RSPG is limited to a daily withdrawal of 400,000 gallons. The Letters of Intent seem
to exceed that amount, as mentioned in an earlier post. I inquired a few weeks ago, and Mr. Gold said the company will reply.
The following statement in the mailer is confusing:
"NOTE: Please be advised that these are only projections, based on an estimate of the company’s planned capacity, and that the company can modify its operating capacity level in the future as it sees fit."
Maybe RSPG "can modify its operating capacity level...as it sees fit," but it seems like its withdral rate is locked in at 400,000 gallons per day.
GHLT had an infamous mailer, but this is the first I have heard of an RSPG mailer. Could you post a link here if you find it?
I bought some of this stock for a "hurricane basket." The other stocks in the basket are WMI, HOS and SLB.
The SEC filings tell the story of Aduddell Industries (ref: Yahoo Finance).
Aduddell profited greatly from repairing roofs after Katrina (FEMA). They also won a significant and important-for-them Navy contract. They used those profits to acquire another company that will enable them to expand their scope beyond roofing repairs. It's an interesting story (brief to read) that is outlined in the SEC filings.
The price has dropped around 15% since I bought it, but I am long (especially during hurricane season). I also like the sound of what they are doing to make their company grow.
I have some XNL. The price is currently more than what I paid for it.
I read around half of the posts here, SEC filings, the Street.com and Motley Fool articles, etc.
Other than this being a new and risky business, is the concern posted here caused mostly by the inaccurate articles or am I missing something else?
Thanks, and Happy 4th!
A National Lampoon background info link:
http://www.reference.com/browse/wiki/National_Lampoon
I know nothing, but think that Royal Spring should concentrate on marketing private-brand up-scale bottled water.
RSPG has a 400,000 gal/day limit.
Way to go!!!
Congratulations, RSPG!
Ok, Hellzhub. I will have that in the next set of questions from this board. Thanks -
I wonder if PRXI, opening an exhibit in Las Vegas (Clark County School District)http://biz.yahoo.com/prnews/060622/clth024.html?.v=65
has been contacted by Data Commodities (the distributor with a contract to distribute RSPG water to Clark County School District) for private-brand label water?
Private-brand water sold at attractions,such as PRXI, probably have extra value as souvenirs.
The following is background information that probably has little value, if any:
Crystal Splash (Sherman Oaks, California) has a Letter of Intent with RSPG. Crystal Splash is not a member of the Sherman Oaks Chamber of Commerce http://www.shermanoakschamber.org/
Crystal Splash produces non-soda-water products that are approved in California for sale to school children:
http://www.calendow.org/reference/publications/pdf/disparities/Beverage%20Vending%20Brief.pdf
Crystal Splash says they intend to market their products to school districts across the country:
"Crystal Splash was started by a mother with a passion for providing kids with a beverage that is great-tasting, healthy and fun. Crystal Splash’s vision is that all kids in the United States should never have to sacrifice taste for healthy living. This vision demands of the company that it make it easy and profitable for distributors to acquire this product and get it into the school district.
As a result our company is dedicated to building relationships with distributors and school districts to make the process simple to get this great product to school kids throughout the country."
http://www.crystalsplash.com/about.html
I emailed Crystal Splash last week, requesting additional information about their plans to expand eastward and when they would expect to execute their Letter of Intent with RSPG into a contract.
Were I Crystal Splash, the response would be the same: unresponsive. Of course, RSPG didn't even begin producing water until this week.
Unless they think that "water is oil?"
I received this message from Shelly Gold (Maxwell Co., RSPG Investor Relations):
"Thank you for your interest in Royal Spring Water. We should have an answer to all your questions within the next few days.
We have forwarded your questions to the Royal Spring Water executives, and to the plant manager.
We appreciate your patience in this matter, and please feel free to contact us with any further questions that you may have.
Thanks,
Shelly"
I spoke with Mr. Gold (Maxwell Co., a Canadian company retained by RSPG to serve as Investor Relations) last week.
I said I volunteered to compile questions on the RSPG board at investorshub.com and submit them to him for response. He didn't have a problem with that.
The first question was the amount of bottled water contracted to Data Commodities (Data Commodities has a contract with the Las Vegas school district).
RSPG is limited to a total of 400,000 gallons of water/day withdrawn from the aquifer, so the amount of every contract directly relates to the company's (our) potential income.
Mr. Gold responded that the amount of bottled water contracted to Data Commodities, which has a contract to provide the water to a public entity, the Las Vegas school district, is not available to RSPG stockholders.
I asked the following questions to Shelly Gold at Maxwell (investor relations) and suggested that he consider joining this board:
1. What percent of capacity limits (per SEC filing) are consumed by the Togo, Africa and Commodities Data (Las Vegas school district) contracts?
2. Is there some way that RSPG stockholders and others on the RSPG board at Investorshub.com could obtain a bottle of Royal Springs Water?
3. The Letters of Intent and other information equate to a water withdrawal rate greater that RSPG's limit. Why?
4. Is the plant up-and-running and fulfilling the Togo, Africa contract? When will the monthly income (announced to begin next month) be received and applied to the books?
Thanks for the clarifications/education. The unknown background stories, players and motivations (with a splash of international intrigue) leading to Hereford, Texas I guess will remain unknown.
I hope they will get some of those Letters of Intent contracted, now that the plant is in production (we believe), espcially the Crystal Splash.
I suggested to them that they look at marketing/selling private label water to the two new Indian casinos that recently opened on the Texas/Oklahoma border 300 miles from Hereford and less than 2-hours from Dallas/Ft. Worth.
Robodoc -
I have volunteered to accumulate and send questions from this board to Royal Springs on a more-or-less weekly basis.
My contacts are Shelly Gold (Maxwell: RSPG investor relations) and Harel Goldstein, co-founder (world-wide marketing) of RSPG.
The questions on the table, yet to be asked, are:
1. % of existing bottling capacity per contract as it relates to maximum capacity.
2. How could shareholders sample product?
3. Why do capacity/production projections surpass allowable depletion?