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I am making plans to attend the grand opening with a few of the other investors in our group.
I'll be the one with the Billion name tag....cornering Maxwell and their 3.7 million shares.
Can't wait to see what is in the "goodie bag"
Utah...is this a "rolling" grand opening?
Can we assume that production and distribution is underway?
Or, is the Dec date the offical beginning of production.
Have any signed contracts been delivered water?
I would like to know the current status of every LOI signed...good or bad.
Why can't this be done?
Have any contracts been signed and are legal?
Looks like there is no "quit" in the support @ 2
Sorry Hellz....No BIG volume and no "end of the world" scenerio playing out here.
Now, the shorts may want to panic cover, if you can find the shares.
Fair enough....nice reponse.
and....fewr speling erors two
Buying more in the morning.
Billion
Buying more on Monday....keep up the bashing.
Do you really think that the people who have been supporting this stock for months are going to lay down and give up?
30% up day...where exactly will you cover Hellz? 40%-50%
arrise
thier
feuled
stok
awefull
Nice spelling.......
Easy Hellzhub,
You are starting to show your true colors and your bad spelling....hmmmmmmm
Keep an eye on him hotshot....he's starting to lose his composure and is getting a little too excited about the drop.
INVESTOR RELATIONS
At Royal Spring Water our investors, customers and employees are viewed as our most valuable assets. Accordingly, in order to better serve our investors, we retain a rather prestigious investment relations firm, Maxwell Network Group, which is available at any time to reply to any of your questions, comments and/or needs. Maxwell Network Group is a veteren company, offering investment relations services for publicly traded companies.
The group offers a variety of services ranging from corporate finance and debt restructuring to investment relations. They will answer your calls and fill you in on the latest news pertaining to our activities. For more information about our company's stock, performance and investment opportunities, please visit them at www.maxwellnetwork.com or call them:
Toll Free: 1-800-596-5503
Trading Desk: 905-760-0911
E-mail: info@maxwellnetwork.com
I wonder who wrote this???
Here is the registration info on Royalspringswater:
http://whois.domaintools.com/royalspringswater.com
Interesting that the registration for both RSPG water and Maxwell was in mid-year 2005.
Not sure if Maxwell was founded at that time or the website was developed.
Waiting on some news..............Billion
This is Maxwell Group:
Maxwell Group --> 1.4 million shares of RSPG stock
Itamar Cohen --> 1.4 million shares of RSPG stock
Mira Adidjar --> 650,000 shares of RSPG stock
Ken Gold ------> 350,000 shares of RSPG stock
That's 3.8 million shares of RSPG stock = to $8.36 million (2.20) a share.
Itamar Cohen registered the Maxwellnetwork.com at the Concord address in Canada so I assume he owns Maxwell.
http://whois.domaintools.com/maxwellnetwork.com
In the stock registration on the RSPG filing, Itmar and Mira share the same address. I assume they are a couple and she considers herself an office manager for Maxwell...(Between 1st class "of course" trips to Paris)
There you have it:
Maxwell gets 1.4 million shares, Itmar gets 1.4 million, His girlfriend gets 650k, and Gold gets 350k shares.
For what?
Utah Carl,
I will take you at your word and wait until next week before I post any additional theories. I believe that the Maxwell/ corporate information problem has been adequately presented and is understood by most here.
I, along with a network of many others in my trading group are very long and will be holding tight here at the 2.00- 2.20 area.
Looking for better times ahead.
Have a nice evening.
Billion
The Layout map indicates that those nasty photos were of the Molasses tanks and the sugar warehouse on the other side of the railroad tracks.
According to the lease...RSPG does not lease those areas.
Thanks for the info...it appears that Utah Carl was correct.
A shady attempt by possible shorts to discredit RSPG.
I feel much better.
Billion
Good posts Hellzhub,
Even though there are things that don't look great in the filings, I'm struck thinking of the principles involved. They are all credible business men who have worked hard all of their lives. They seem disciplined from their military service and would seem to be living the "good life" in Southern California. All of them are successful and have proven to be very good, honorable businessmen.
It just doesn't make any sense that they would one day decide to get involved with anything that is not above board. I believe that rather than looking at the pink sheet signs that exist in almost all small start up companies...that seem a little shady... we should look at the men involved and give them the benefit of the doubt that they are simply playing smart and using the resources available to them to keep costs low and get the company up and running quickly.
One piece of advice however, if you want us to trust you and continue to give you the benefit of the doubt, give us timely, accurate information on the status of the business.
The problem you are facing now is that we are not getting the needed info and the company apperance is beginning to lean towards the slimy, dark, underbelly of the pink sheet flim flam companies.
You need to stop that thinking right now !!
Maxwell needs to step up and represent this company properly.
Wall Street and potential institutional investors are, or will be soon, looking at the same things we stock holders are seeing right now.
Get to work Maxwell and earn your money !!
Clean it up....
Utah Carl,
Thanks for the response and using your access to hopefully get some information flowing. I'm sure that some here are in this stock for a trade, but what about the long term investor who needs to see steady progress to justify holding shares.
I'm sure that there are inaccuracies in my posts...but that is a good thing. It clearly demonstrates what happens when companies, and their IR reps do not give us the information that we need. We are left with confusing filings, PR's, LOI's with action dates and then NO follow-up.
Basically, we own a start-up manufacturing company. So, wouldn't it make sense to tell the shareholders when the company "officially" begins manufacturing? Is that a secret? something to be ashamed of?
If the first 5 LOI's had specific dates for order filling and the dates passed, then why the hell do you continue using start dates on the next 5 and miss those as well?
We are well past ALL of the production and shipping dates mentioned in ALL of the PR's and LOI's and the company will not even confirm that we are indeed in production.
Of course you are going to have jumpy shareholders that will go out and try to gather some nuts.
I'm going to give you an example of good solid shareholder communication. Maybe Maxwell can learn something.
These type of corporate updates are sent out every 2 months between quarterly reports.
One Voice Technologies, Inc. is a voice recognition technology company with over $40 million invested in Research and Development and deployment of more than 20 million products worldwide in seven languages. Based on our patented technology, One Voice offers voice solutions for the Telecom and Interactive Multimedia PC markets.
Since the beginning of 2005, One Voice has launched our new Alternative to Directory Assistance( (ADA() telephony service with Panhandle Telephone and launched our MobileVoice( telephony service with West Central Wireless and Eloqui Wireless. Our telephony services are now bundled in many of our carrier partners' standard rate plans. We anticipate closing and announcing additional carriers and launching both Cellular One of Amarillo and Ztar Mobile along with launching a pilot of our MobileVoice service in India with Tata. Recently, our focus has shifted to larger, less rural, carriers and we intend to focus our resources to these opportunities.
Additionally, since the summer of 2005,One Voice has launched our Media Center Communicator product on Newegg.com, CompUSA, Dell.com, RicaVision, PCAlchemy, ABS Computer Technologies and Cannon PC. In October 2005 we were invited by Microsoft to participate as a launch partner for their new version of Windows XP Media Center Edition 2005 where One Voice announced our new mceSpeechTools product. mceSpeechTools allows third party Media Center developers to add voice recognition to their new or existing Media Center applications. Media Center Communicator currently supports the latest version of Microsoft Windows XP Media Center Edition 2005 Update Rollup 2 and will support Windows Vista when available.
How hard is that?
Clear, concise and honest....all that from a company with 12 employees and trading at .012
Get moving Maxwell !!
Equipment Lease
Capital lease $951,000
other equipment $331,000
Vehicle lease $289,000
I assume all of the plant equipment and trucks are leased.
Smart to lease these capital items....low start up costs and flexibility.
Maxwell....talk to us
What is the status of each of the LOI's
What accounts are receiving water?
Has any RSPG water been sold through other companies?
Where is the video of production promised on the RSPG site for the past month?
What is the BB move status?
When is your next quarterly report coming out?
Are you shipping water to Harley?
Is any RSPG water being distributed to cananda
Why is one of you directors a transportation director in charge of 10 buses for school children? What can he bring to your water company?
Here is the only thing I could find on Mira Anidjar: She gets 650,000 shares or 1.4 million of RSPG stock for being an Office Administrator for Maxwell Network?
Seems like she has plent of time to pamper herself and flying off to Paris...(1st class of course !!).
How about writing some Press Releases for that kind of cash Mira?
http://www.chatelaine.com/style/article.jsp?content=20060705_162857_5320&page=3
More Info:
Ken Gold lists the same address as Glow Flow industries.
So there may be a connection between Shelly Gold and Glow Flow thus a connection between Glow Flow Industries and Maxwell Networks.
Any information Utah Carl?
Two other individuals in Toronto with 250,000 shares each: Mike Amoroso and George Zarkantziae...still checking them out.
Jump in here Monkey...the water is great !!
Here is more information that I'm sure few know here:
Lease
A lease was signed for the facility in Hereford on Aug 1st 2005 for 1,000 sq,ft,. of office space, 71k sq.ft. of warehouse space, (6) 25k gallon tanks and water rights for Wells #11 and 12
Here are the details:
Aug, Sept, Oct --Free
Nov - April 06' --$15,000 a month= $90,000
May - Nov 06 --$25,000 a month= $150,000
So, RSPG has now spent $240,000 renting the facility for exactly one year and had 3 months of rent free. For that quarter of a million dollars, how much water has been produced and shipped?
RSPG has a 4 year option to purchase the facility for $4.2 million dollars. 3 years remaining on that option.
Most of the water bottling equipment is leased. Do not know the cost or the terms, but RSPG does not own the equipment.
Still digging , but I thought that investors would want to know this info.
Utah Carl,
I present these questions to you as Maxwell has no apparent interest in keeping the RSPG company owners (Us) informed.
Last week I did a little research into the RSPG filings and found some interesting shareholder information.
Some of it made me curious, some of it pissed me off....and some of it is just plain confusing.
Here we go:
Most of the info came from the following site:
http://www.pinksheets.com/quote/finance.jsp?symbol=RSPG
The Toronto connection:
1. RSPG tranfer agent is Heritage Trust Co. Toronto
Several Large shareholders live in and around Toronto. Let's look at a few:
Glow Flow Industries 1.5 million shares...is based in Bramton Ontario. Here is what I have on Glow Flow-->
------------------------------------------------------------
TORONTO--(BUSINESS WIRE)--July 13, 2005--Zeo-Tech Enviro Corp (TSX VENTURE:ZEO - News), a development stage company engaged in the exploration & mining of zeolite, an industrial mineral, today engaged in the signing of a Fiscal Advisory Agreement with Mr. Nathan Rotstein.
Mr. Rotstein, President of Rotstein Consulting, a division of Glow-Flow Industries of Ontario, will provide Zeo-Tech Enviro Corp. with various services including but not limited to: a) assisting in the financial structuring of the company, b) identifying potential acquisition prospects, and c) assisting in negotiating the terms of acquisition of acquisition prospects.
"Mr. Rotstein brings much needed financial knowledge and wisdom to Zeo-Tech," said Ray Paquette, CEO of Zeo-Tech Enviro Corp.
...
"Mr. Paquette and his team have done a terrific job separating Zeo-Tech from the pack in the development stages of the Company," says Mr. Rotstein.
...
Mr. Rotstein, a respected member of the Toronto business community, has demonstrated his financial acuity in many respects.
About Nathan Rotstein Mr. Rotstein, a respected member of the Toronto business community, has demonstrated his financial acuity in many respects. He is currently heading Rotstein Consulting, a division of Glow-Flow Industries of Ontario. A graduate of University of Western Ontario, Mr. Rotstein has been working in the financial field since 1969, and has been consulting with private and public companies since 1992. Having worked with The Solomon Group in Delray Beach, Florida for four years, Mr. Rotstein brings with him extensive international business experience as well.
-----------------------------------------------------------
2. ZAS investments 1.5 million shares: Based in LA. The only thing I could find is a connection with restaurant investments in NYC
3. Maxwell Network 1.4 million shares: Based in Concord Ontario. I'm sure that that is payment for services- good that they have an interest in the share price, but does that make them insiders? Seems like a huge conflict of interest if they are restricted from disclosing info and are tasked with conducting Investor Relations !!!!
4. Here is the strange part. Two of the employees of Maxwell have been given large blocks of RSPG stock. Doesn't Maxwell pay them? Why would RSPG issue stock to the IR employees>
Mira Anidjar has 650,000 shares, Itmar Cohen 1.4 million shares and has the same address as Mira- husband?)
Ken Gold (I'm sure it's a relative of Shelly Gold) 350,000 shares.
Shelly Gold has $770,000 worth of RSPG stock and can't return calls? Mira has $1.4 million worth of stock . Her name is included in the PR's but what does she do for that kind of payment?
There is much more...but something to think about in trying to put the puzzle together....
Very interesting Level II this morning.
Ask is sitting at 2.40 with nobody jumping in front.
Where are the sellers?
Bid is sneaking up to 2.19
Volume has been up this week and some larger orders are hitting the ask.
Shorts may be getting jumpy.
Could the BB move be close?
Are we ignoring a $500,000 contract?
http://www.watertechonline.com/news.asp?mode=4&N_ID=63523
More cash to come when the Mid East and Europe kicks in...
Robert Icho, CEO and Chairman of Icho Group/Mia Water company " We are looking forward to bringing to our current clients as well as new clients this fabulous Royal Spring Water. We believe that this mid six figure contract we signed with Royal Spring Water, will grow within the next three to six months to over $2,000,000 as we launch our private label to our Middle East and European clients. We chose Royal Spring Water over the other bottle water companies because of their water's great taste and very competitive prices", added Mr. Icho.
Well, no response from Shelly Gold at Maxwell after I sent him a copy of the message I posted here outlining my frustrations with Maxwell's lack of company information ...
I guess I just burned my bridge.
So, I guess it will be okay to post the e-mail response to me from Shelly Gold on 10-6-06 confirming that RSW production has begun.
10-6-06
Good morning,
"Yes, I still work at Maxwell, but I appologize that I didn't get back to you. As for RSPG, they are in production mode, and shipping out product to various customers. Also, they are in negotiations with other potential new customers, and when new contracts are signed, we will let everyone know via a press release. Hope alls well with you and your family, and any other interest, please call or email me, and at that time we'll discuss what's happening. Have a great day, and lets keep in touch with each other." Shelly
Utah Carl,
What are you saying?
Is there currently Royal Spring Water being used to produce SPLASH which actually is being sold and consumed in the Clark County school system?
Billion
This may be an error...but it sure looks good!!
Notice the OTCBB: RSPG at the top left of the page.
http://www.zoominfo.com/Search/CompanyDetail.aspx?CompanyID=119505544&cs=QFHH4KIFI
Utah Carl,
I believe I'm following your thinking that the RSW's Bromate test may have been directly linked to their attempt to get the Wegman account.
It would make sense that Alex would want to demonstrate to Wegman that RSW was free of Bromate. Even if there is no contract win, RSPG could use the test results in their marketing campaign.
I would "hope" that RSPG is aggressively going after ALL of the Western N.Y. company clients who pulled the water.
Great opportunity to use RSW's lower price to make the switch. I would think that all of the clients would look elsewhere.
I have been doing a good bit of research into RSPG filings and will present my findings to the board on Sunday.
The Canada "connection" is interesting and I will be asking a lot of questions that perhaps you can answer. It should be an informative exchange for the board.
If nothing else...information will be summarized for those who don't have the time to swim through the weeds to find the pearl.
Billion
I thought that I would post a replay of the water test PR in an industry format....it's all we have to look at over the weekend.
http://www.bevindustry.com/viewprnews.php?nid=7520
Utah Carl,
It seems from the immediate response on this board that investors are keeping a close eye on the stock. That's a good thing and even more of a reason to request better corporate communication with the shareholders.
I have e-mailed my thoughts to Mr. Shelly Gold at Maxwell.
Hopefully he will pass them on to RSPG. Maxwell should take this request seriously as they ultimately have a huge stake in the success of the company. Over 1 million shares of RSPG is their payment for services. If things fall into place, they stand to have a very nice payday.
With Pink sheet start-up companies there is a fine line between pump and dump hype and honest anticipation that agreements will work out as planned. I believe the founders to be honest men with successful pasts and adequate financing to get through the rough waters.
However, it's not enough for me to put the pieces together based on tidbits derived from a message board to come to this conclusion. The company MUST sell themselves to their stockholders, their potential clients and Wall Street every day.
They have hired Maxwell to do this while they are busy landing new contracts, so I direct my views to them.
I'm long....but to maintain the proper confidence of RSPG shareholders we need information.
This company did everything right in quickly setting up a value added business in a growing market, ready to perform. Their focus was speed and getting things moving quickly. LOI's were flowing in and Maxwell was ramping the buzz up on Wall Street...eveything seemed to be going quite well.
The first hint of trouble was the CNBC advertising being out of sync with the product being available. I understand that advertising must be bought and scheduled in advance, but that was just plain wasted ad money.
The second thing that bothers me was the high rate of questionable business partners...Clark County was a great deal but a questionable partner...no results. African countries seemed like a great idea...no results. National Lampoon and Harley are good starts but where is the product in the Las Vegas market?
If the product is indeed available....Let us know
If the product is held up for some reason...let us know.
Everything seems to be on hold until we move to the BB....that seems to be on hold as well....so, if there are additional contracts signed and management is holding the info to make a BIG SPLASH on the BB....you better be releasing it soon.
We are pushing 2 and the shorts will be aggressive in this area. I realize that there is support ready to hold the line but a timely PR will help quite a bit.
Right now, there seems to be a premium placed on the stock performance...nothing wrong with that....but management seems to be neglecting the information that they owe their stockholders. Come clean with us.
Consider a corporate update where you explain the current position of the company, signed contracts, manufacturing status, licenses, shipping, product availability. It works very well for start-up companies. It has even proven to boost the stock price in the short term, giving shareholders added confidence.
If you want to be a BB company and have credibility, come clean with the stockholders. If the SEC wants more information...tell us. If some LOI's fell through...tell us. If your product is being served in Las Vegas, Canada....tell us.
Utah Carl seems to be the only information we get here and he is constantly defending the company. A job that shouldn't be necessary if the company and Maxwell were doing their job and keeping us informed.
The standard line that they can't release info and deals are pending doesn't cut it if you want to make it in the big time.
I'm very long and will hold my position for now. My shares are not for sale in the near term...but there is a responsibility of the company to give us the information needed to continue to hold those shares.
Overall, management has performed well in getting to this point. But now, you MUST communicate with the shareholders.
Maxwell, you have been paid well for your services...get to work and let us know what is going on in our company.
Call Maxwell...they will confirm that production is underway.
What the hell does that mean?
"I believe in the intergrity of the people who created this company, who, in their SEC filings, say will probably fail."
Integrity in what?...their feeling that they will not make it.
Or, their integrity in knowing that it's an uphill battle and they are willing to commit themselves to making it work?
Or, their integrity in basing all of their comments on fact and representing their business without hype or misinformation?
Hotshot:
I don't get the shorts.
They can see the daily support EVERYDAY on Level II.
Nobody is going anywhere until the BB news arrives.
Are the shorts blind?
They are in a lose-lose situation and I have a feeling that they may start covering as quietly as possible.
If they don't...it will be ugly.
Very hard to understand the trading on Level II
Maintaining HUGE spreads and buyers hitting the ask in size makes you wonder why they are so impatient that they would be paying 8% more to secure shares.
Either BIG news is coming ...or the shorts are starting to panic.
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This the way I see it:
Here is whats going to happen today.I can see a bid for 2.12, those bids will be jumped over in the first 3 minutes, and then the bid will run higher and higher along with the ask.
In the end of a day, a close above 2.85 first time in a long time.
The truth is...nobody knows.
Our speculation is worthless.
The market will decide where it goes.
Ask yourself the target price of the millions of locked up shares.
What will the shorts do under extreme duress?
They will have to place market buy orders and the ask will run fast just out of their reach.
It's going to be bloody !!
Rev,
The move to the BB...if it happens, is just the beginning of problems for the shorts.
You are shorting this stock ???
1. Hot global product
2. Low start-up costs
3. Fast entry into the market
4. 2 proven successful founders
5. Low cost, high quality alternative within their market
6. Contract announcements ramping up
7. Move to BB
8. Solicitable
9. Unlimited financial backing
10. Instant enterprise value
There are plenty of short candidates out there...and you stepped in front of the bus.
Chunky Monkey,
Panic mode for Cramer.
The end is near for him.
Shorts will be slaughtered and are outfunded by the longs.
Billion
You have no idea what you are talking about....Frankie boy
RSPG water has not touched anything in centuries.
Go look up the definition of an aquafier.
You are in panic mode
I'll sell you my shares so you can cover at $10
Frankie Boy,
There is nothing that you can type here under any name that will convince me or any long here to sell even 1 share of RSPG.
You are scared to death and greedy...hopefully you shorted higher...so guess what?
Your short position is "dead money" It just sits between 2.20 and 2.60 and won't go down week after week. There is a buyer or multiple buyers buying everything that is sold.
How does this end for you?
Poorly...don't be greedy and get crushed...cover now and get out of the way or lose all the money your family sent for English classes.
There is no entertainment value is wishing ill will onto others....it's just plain annoying.
Leave the name calling in the gutter where it belongs.
If you can't convey your thoughts in a civilized manner go take some night classes....and show some conviction in your stock decision by letting the sale price decide who is correct.
I don't really think that Gordo is a natualized US citizen.
When he types those words...they look correct to him...lol
However, there is a bigger problem with Gordo.
He is a scared short here betting on a trade.
He's short and trying to affect the share price by bashing the stock to longs here that are making a spec play.
Most of us longs consider this a long term play that is high risk-high reward. The stock has popped from the .70's to 2.8 and there is much more to come. A drop of 10-20% is just a retracement to us. We will still be holding long term if it happens....SO, Gordo is barking up the wrong tree.
Additionally, if you combined all of our long shares who read this board, you are probably around a few 100,000 shares.
The people Gordo needs to convince are the longs holding millions of shares who wouldn't think of selling until the shorts throw in the towel around $10.
Those shares...my boy....are locked up and not for sale until RSPG hits double digits.
Good luck NYC-Hotshot....the board will benefit from the change.
Billion