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Another day closer to boomtime.
BRWC
Another day closer. BRWC
I'm betting deal with UAE is good to go, time will tell.
BRWC
Good stuff, thanks for posting! BRWC
March 1st is next week, a couple weeks later is boom time...imo. I sure do hope so anyway!! GLTA
BRWC
One of these days...BRWC
My exact feeling as well. GLTU
BRWC
Another day closer. BRWC
Another day closer. BRWC
Another day closer, BRWC!!
When all the news comes to pass, we'll be in great shape for sure...imo. BRWC
Thanks Geo, I will!! GLTU
BRWC
Glad to see some positive news, should get interesting around here shortly! GO BRWC
KIAMESHA LAKE, N.Y., Feb. 9, 2016 /PRNewswire/ -- Boreal Water Collection, Inc. (OTC: BRWC), an established water bottler of premium private-labeled bottled water products tailored for each client's particular need, today issues the following updates.
In the Fall of 2015, we were able to get interest from a large international group from the UAE and Saudi Arabia for buying our water. In December 2015 and January 2016, we conducted water tests required from these buyers. Results have been positive, so our legal teams are now working on the contracts and we expect to sign these long term supply contracts in the first quarter of 2016. The proposed initial ship date is April 1, 2016 and the term for the contract will be 5 years.
In the last 3 months, International Capital LLP (Intercap), our London England based financial advisor, was able to raise capital to finance the growth and the expansion of Boreal Water. Intercap currently raised $500,000 in debenture with warrants priced at $0.0075 from 2 investors in Saudi Arabia.
Boreal was able to lock in its right of "first refusal" on purchasing Alpine Spring property. Currently the company is paying $65,000 per year with on a long term lease that was to expire Oct 31, 2035, making a minimum future payment of $1,605,824. Instead of paying these fees, the company will purchase Alpine Springs for an amount of $600,000. This purchase will be very beneficial to the company and permits the company to control its own water springs. The property consists of 130 acres of land.
During 2015, our export sales to China were not as good as projected by our clients in their contracts with us. The slowdown in the Chinese economy and the currency devaluation affected their sales. Boreal however attended trade shows and won the 2nd price as the best tasting water at the China High-end water Exhibition. In August 2015, Boreal succeeded in obtaining the copyrights on its Boreal Baby Water products so it can protect itself against possible copies. Boreal Water management still projects that its baby water product line will increase its sales in the coming years in the Chinese market. Presently our products are in many high-end retail outlets and online retailers. Our baby water is recognized in China as being pure, sodium free, BPA free, and bromate free with low mineral content and a balanced PH. Those are all perfect conditions for quality baby water to become a successful brand in China.
Finally, we have decided to file, on the OTC market, our unaudited financial statements to be current with our OTC filings. When possible, we will file audited financial statements to SEC.
About Boreal Water Collection, Inc.
"Your brand, our experience!" Boreal Water Collection is a personalized bottled water corporation specializing in providing premium custom bottled water for your company and customers. Whether it is for publicity, promotion, marketing, internal use or a specific event, Boreal offers fully integrated turnkey service, with prize-winning Boreal private label water, made-to-order labeling, and distinctive water containers. Unlike competitors, Boreal also has exclusive access to two pristine and abundant springs: one an award-winning source deep in the untouched wilds of Canada and the other in the prestigious Catskill Mountains in New York.
For more information on Boreal Water Collection, please contact us by email us at ir@borealwater.com or sales@borealwater.com, or visit www.borealwater.com and follow us on the different social media sites such as www.facebook.com/borealwaternews, www.twitter.com/borealwaternews and www.linkedin.com/in/borealwater.
http://www.prnewswire.com/news-releases/boreal-water-collection-releases-update-on-uae-deal-300217145.html
I'm hoping that it is great news, pull some powder out of this ol girl after 6 months of waiting. GLTA. BRWC
Thanks James, BRWC is going up!!
What a blessing that would be!!
GLTA BRWC
I'm with you. GLTA
BRWC
I took the old news down, sorry folks my fault. GLTA
BRWC
Thanks for the post! BRWC
I'm waiting with you James. GLTU
BRWC...another day closer!!
Is good news about to hit, we shall see BRWC'ers !! GLTA
Me too!! BRWC
So glad I got tickets for the train named BLTA!! GLTA
No R/S at least. BRWC
Yes it is, thanks for the 3s!!
BRWC
Close of business Friday ought to be good!! GLTU
BLTA
When will this madness stop?? lol
BRWC
Great news this week hopefully!
BLTA
Hallelujah!!
BLTA
Glad I scooped up some 4s today, thanks!
BRWC
I hope to buy some 4s on Wednesday. Keep them cheap peeps! Lol
BRWC
Happy New Year BLTA!!
I was thinking maybe.0016 but hey, who knows? GLTU
BLTA
One more close to 2015, what do you think it will be? TIA
BLTA
All I want is to pay off all credit card debt. Let's do it! BLTA
Sounds good to me sir!! Let the good times roll.....BLTA
Merry Christmas BLTA!!
Going up tomorrow!!
BLTA
Less than two hours left to purchase cheapies!!
GLTA BLTA