Boreal Water Collection, Inc. Completely Free of Convertible Debt
KIAMESHA LAKE, NY – June 24, 2015 – InvestorsHub NewsWire -- Boreal Water Collection, Inc. (OTC: BRWC), a high end private label bottled water company from NY, today announced that it has completely finished the retirement of all of its outstanding convertible notes held by various financing companies. The elimination of the Company’s convertible debt has substantially strengthened its balance sheet. As stated in previous Press Releases, Boreal Water Collection has not entered into any new convertible promissory note agreements since October 2014 and it has no intention to issue any convertible notes in the foreseeable future. The Company is confident it can continue to cease the use of convertible debt financing to fund its operations and expansion.
Commenting on the achievement, Francine Lavoie, Chief Executive Officer stated "Retiring all of the convertible debt was a major corporate goal set by our management team. 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.”
About Boreal Water Collection, Inc.
Boreal Water Collection is a personalized bottler of a full and diverse line of various types of water including:
Functional Enhanced Water, Infused Water, Carbonated Water, Vitamins Enhanced Water, Flavored Still or Sparkling Water, Minerals Enhanced Water, Oxygenated Water, Alkaline Water, Electrolyte Water, Distilled Water, Caffeinated Water and Natural Spring Water
Boreal provides premium custom bottled water for its clients and customers, whether it is for publicity, promotion, marketing, internal use or a specific event. The Company also offers fully integrated turnkey service, with prize-winning Boreal private label water, made-to-order labeling, along with distinctive water containers. Current and past customers include Ritz Carlton, Tommy Hilfiger, Saks Fifth Ave, Infiniti, Guess, LaCosta, Porsche, Re/Max, BMW Balance Water, Wat-aah Water, Fred Water, Dean & DeLuca, the Quin Hotel, WestHouse New York, the Surrey New York City, Bouchon Bakery, Princeton University and 3M.
Your brand, our experience!
For more information on Boreal Water Collection, please contact us by email us at investors@borealwater.comor 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.
Safe Harbor for Forward-Looking Statements:
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Contact Information
Boreal Water Collection
investors@borealwater.com
www.borealwater.com
Copyright © 2015 OTC Markets. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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NO ONE CAN DENY THIS BRWC IS TOXIC DEBT, FREE NO DILUTION.
