The New Tide Pool Ventures Corp Holding in Puresafe Water Systems, Inc
Tide Pool Ventures Corp filed with the SEC SC 13G form for Puresafe Water Systems, Inc. The form can be accessed here: 000160423216000185. As reported in Tide Pool Ventures Corp’s form, the filler as of late owns 7.76% or 250,000,000 shares of the -company.
Puresafe Water Systems, Inc stake is a new one for the and it was filed because of activity on November 23, 2016. We feel this shows Tide Pool Ventures Corp’s positive view for the stock.
Business Profile
The Alkaline Water Company Inc., formerly Global Lines Inc., offers bottled alkaline water to retail consumers. As of March 31, 2016, the Company offered bottled alkaline water in approximately 500 milliliter, 700 milliliter, one liter, three liter and one gallon sizes under the trade name Alkaline88. Its product is produced through an electrolysis process that uses specialized electronic cells coated with a range of rare earth minerals to produce its over 8.8 potential of hydrogen (pH) drinking water without the use of any chemicals. As of March 31, 2016, its product also incorporated 84 trace Himalayan salts. As of March 31, 2016, its products were available in all 50 states at over 25,000 retail locations. Its stores include convenience stores, natural food products stores, ethnic markets and national retailers. The Company sells its products to retailers through brokers and distributors. Alkaline 88, LLC, its operating subsidiary, operates as a marketing and distribution company.
SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.
Analysts await Alkaline Water Company Inc (OTCMKTS:WTER) to report earnings on November, 28.
The stock increased 5.06% or $0.06 on November 23, hitting $1.28. About 897 shares traded hands. Alkaline Water Company Inc (OTCMKTS:WTER) has declined 20.39% since April 21, 2016 and is downtrending. It has underperformed by 25.72% the S&P500.
The Alkaline Water Company Inc., formerly Global Lines Inc., offers bottled alkaline water to retail consumers. The company has a market cap of $19.54 million. As of March 31, 2016, the Company offered bottled alkaline water in approximately 500 milliliter, 700 milliliter, one liter, three liter and one gallon sizes under the trade name Alkaline88. It currently has negative earnings. The Company’s product is produced through an electrolysis process that uses specialized electronic cells coated with a range of rare earth minerals to produce its over 8.8 potential of hydrogen drinking water without the use of any chemicals.
Another recent and important Alkaline Water Company Inc (OTCMKTS:WTER) news was published by Seekingalpha.com which published an article titled: “The Alkaline Water Company: An Ugly Stock With Possible Large Upside Potential …” on May 23, 2015.
According to Zacks Investment Research, “The Alkaline Water Company, Inc. produces, distributes, markets and sells bottled alkaline water for retail sale primarily in the United States. The company’s brand name consists of Alkaline88. The Alkaline Water Company, Inc. is headquartered in Scottsdale, Arizona.”
