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Anyone remember BRWC? 2 8k's should be read

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geocam Member Level  Thursday, 01/14/16 06:41:55 PM
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Anyone remember BRWC? 2 8k's should be read

The first is an 8k that secures $250k financing backed by warrants that exercise at .0075 while the current price is .0004.

Current Report Filing (8-k) http://ih.advfn.com/p.php?pid=nmona&article=69990479


On January 5, 2016, Boreal Water Collection, Inc. entered into an agreement with Mr. Abdul Aziz Al Athel (“subscriber”). The Agreement is for $250,000 of Secured Debentures and Common Share Warrants in Units of $1000.00. Each Unit contains one 7.5% interest bearing Secured Debenture in the principal amount of $1000.00 and a Warrant to purchase 1,352,532 common shares at an exercise price of $0.0075 per share.

The second is involving the purchase of another water source.
Current Report Filing (8-k) http://ih.advfn.com/p.php?pid=nmona&article=70006736

$BRWC purchases water rights to Callicoon SBL No. 4-1-14.1


Current Report Filing (8-k) http://ih.advfn.com/p.php?pid=nmona&article=70006736

My client, Boreal Water Collection Inc is exercising its First Right of Refusal as outlined in a certain agreement between Leisure Time Spring Water, Inc., (Leisure Time), A New York Corporation, Alpine Farms, Inc (Alpine), a New York Corporation and Andrew J. Krieger and Suri Levow Krieger dated November 1, 1995, as modified by an Agreement of Modification between Leisure Time and Alpine, dated April 25, 2000, which agreement provides, inter alia, Leisure Time the sole and exclusive right to draw water and use the artesian springs, water supply and existing facility upon Town of Callicoon SBL No: 4-1-14.1 and which further provides, pursuant to paragraph 13 thereof, Leisure Time an option of first refusal in the event that the owner of the aforesaid real property contracts to sell same.

Enclosed please find check number 15437 made payable to you as attorney in the amount of sixty thousand ($60,000.00) dollars which represents required down payment in the contract of sale.

Something is up... people should read these documents. The Saudi's are investing in BRWC. And, BRWC is using that money to buy more water.

It looks like BRWC and the Saudi's are putting things in place to supply a boatload of water to UAE...

There could be some big money to be made here.

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