MEEEOOOoooW
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UP UP UP
NEWS BRWC:
$BRWC Strengthens Balance Sheet
Boreal Water Collection, Inc. (BRWC) Strengthens Balance Sheet by Retiring Outstanding Convertible Notes
http://blog.qualitystocks.net/boreal-water-collection-inc-brwc/boreal-water-collection-inc-brwc-strengthens-balance-sheet-by-retiring-outstanding-convertible-notes/
Quote:
July 7, 2015
Boreal Water Collection recently took a major step toward strengthening its balance sheet when it announced the retirement of all outstanding convertible notes held by financing companies. Since October 2014, the company has not entered into any new convertible promissory note agreements, and its management team is confident that it can continue adequately funding operations and expansion without the use of this unpredictable form of financing in the future.
NEWS BRWC:
$BRWC Strengthens Balance Sheet
Boreal Water Collection, Inc. (BRWC) Strengthens Balance Sheet by Retiring Outstanding Convertible Notes
http://blog.qualitystocks.net/boreal-water-collection-inc-brwc/boreal-water-collection-inc-brwc-strengthens-balance-sheet-by-retiring-outstanding-convertible-notes/
Quote:
July 7, 2015
Boreal Water Collection recently took a major step toward strengthening its balance sheet when it announced the retirement of all outstanding convertible notes held by financing companies. Since October 2014, the company has not entered into any new convertible promissory note agreements, and its management team is confident that it can continue adequately funding operations and expansion without the use of this unpredictable form of financing in the future.
NEWS BRWC:
$BRWC Strengthens Balance Sheet
Boreal Water Collection, Inc. (BRWC) Strengthens Balance Sheet by Retiring Outstanding Convertible Notes
http://blog.qualitystocks.net/boreal-water-collection-inc-brwc/boreal-water-collection-inc-brwc-strengthens-balance-sheet-by-retiring-outstanding-convertible-notes/
Quote:
July 7, 2015
Boreal Water Collection recently took a major step toward strengthening its balance sheet when it announced the retirement of all outstanding convertible notes held by financing companies. Since October 2014, the company has not entered into any new convertible promissory note agreements, and its management team is confident that it can continue adequately funding operations and expansion without the use of this unpredictable form of financing in the future.
7 years old info. Please provide us with more current info
Great Find - Very important info!!!!
GO BRWC
YES EmptyBones- great times ahead!
GO BRWC
I agree EM - this is a very big deal.
GO BRWC
The New York Stock Exchange (NYSE) has halted trading today, leaving investors unable to buy and sell securities.
A technical issue has triggered a system-wide halt, officials said.
"We're currently experiencing a technical issue that we’re working to resolve as quickly as possible," a spokeswoman for the NYSE said in a statement. "We will be providing further updates as soon as we can, and are doing our utmost to produce a swift resolution, communicate thoroughly and transparently, and ensure a timely and orderly market re-open."
Here is the PR for those who can't open link:
Boreal Water Collection, Inc. (BRWC) Strengthens Balance Sheet by Retiring Outstanding Convertible Notes
July 7, 2015
Boreal Water Collection recently took a major step toward strengthening its balance sheet when it announced the retirement of all outstanding convertible notes held by financing companies. Since October 2014, the company has not entered into any new convertible promissory note agreements, and its management team is confident that it can continue adequately funding operations and expansion without the use of this unpredictable form of financing in the future.
“Retiring all of the convertible debt was a major corporate goal set by our management team,” Francine Lavoie, chief executive officer of Boreal, stated in a news release. “With the uncertainty in our equity structure caused by this type of debt instruments finally behind us, we can now fully focus on growing our business and adding value for our shareholders.”
In total, Boreal’s debt reduction efforts have resulted in more than $830,000 of debts being converted into shares, clearing the way for continued expansion of the company’s market share in the coming months.
“A significant amount of the company’s operating loss and dilution to shareholders was attributable to these convertible note instruments,” continued Lavoie. “While such debt served a purpose during a time when we were investing in creating revenues and developing new products, we are happy to be moving ahead without this type of debt instrument.”
Moving forward, Boreal is now in a formidable financial position to build upon its widespread personalized bottled water distribution network, which is already among the most extensive in North America. In May, the company confirmed its expansion efforts by announcing that its specialty ‘Boreal’s Baby Water’ product would be offered in more than 300 supermarkets in China.
Last month, the company solidified its position in the Asian market by claiming the silver medal at the prestigious International High-End Water Tasting Contest in Guangzhou, China. Boreal’s potential for growth within this thirsty market is immense. Mainly for health and safety reasons, the demand for pristine drinking water in China is typically higher than similar demand in North American markets. In 2012, the Asian nation’s high-end drinking water market was estimated at $1.5 billion, with a forecast 20 percent annual growth rate in the years to come.
For prospective shareholders, Boreal’s recent progress in expanding its distribution channels and strengthening its balance sheet makes the company an intriguing investment opportunity. These strategic moves should allow Boreal to effectively reduce uncertainty in its equity structure while adding considerable value for its shareholders.
For more information, visit www.borealwater.com
keep watching baby....we will be up up up
GO OCFN
yesterday we were up 700%! it was expected to go down today. Tomorrow will be a different story.....up up up
Nice close! Go BRWC
You do realized we were up 700% yesterday. down 50% today was expected. Major move north tomorrow
GO OCFN
just ignore Em - all noise. Classic flipper. he was praising BRWC just last month. Everyone should read his old post
GO BRWC
looks like easily another 1 Billion trading day
GO OCFN
yup...no trade since 1:12 PM ET. Looks like reversal about to start!
Its on the SEC website that they filed. If people are that gullible to believe someone spreading good luck to them:
http://www.sec.gov/cgi-bin/browse-edgar?company=Omega+Commercial+Finance+Corp&CIK=&type=&owner=include&count=40&action=getcurrent
we could be in a 'quiet period'. with all the rumors flying about i tend to believe we might have a merger or buyout news soon.
A quiet period is a measure of time during which corporate insiders are restricted from disclosing information relative to the performance or prospective performance of a company before that information is made public.
Quiet periods are mandated in conjunction with initial public offerings (IPOs), earnings seasons and other events that have significance for investors.
Quiet periods are also known as "waiting periods." The term is sometimes confused with blackout period, a period of time during which corporate insiders are legally restricted from trading if they are in possession of relevant information that has not yet been made public.
The entire day the market is closed. So like my previous post mentioned, CLOSED FRIDAY (tomorrow).
Markets closed Friday so today is the day to get in before the PR:
'In observance of Independence Day, the U.S. stock market will be closed on Friday, July 3, 2015. Fixed Income Trading will be closed on Friday, July 3, 2015. Bond orders entered on Friday will be presented to the market as limit orders on Monday, July 6, 2015. As a result of the holiday, we will be unable to process certain types of cash transfer requests received on that day.
Excellent job. Thanks for doing that!
those who flipped bought back in. Did you see all the buys today and yesterday? =)
we will hear all about the backing next week IMHO
Keeks - great email yesterday and thanks for posting. Just Member marked you
Moo
i believe the email is legit also. keeks was very vocal about not getting a response and when she did she posted. Sounds good to me!
GO BRWC
'keeks989' is the poster who sent out the email response.
GO BRWC!
T trade. From earlier today.
Like i mentioned back in 5/31 - 'this has all the signs of a buyout. The CEO is targeting this company for a buyout!'
so then you agree...tomorrow will be a great day
GO BRWC!
i have the same feeling. Tomorrow will be great day
GO BRWC!
Agree we have a great stock and an excellent CEO
GO BRWC!
we will close green=)
GO BRWC
Wish it was me also!
GO BRWC!
THANK YOU FRANCINE!!!!
its Niagara Bottling that did the recall
shes about to blow
GO VGTL