Boreal Water Collection Inc. (fka BRWC)

[Merciernole]

Here is update on Fran's "progress".

1) Foreclosure Lawsuit has yet to be settled. Needless to say, Fran may lose rights to the Plant.

2) Vendor Lawsuit - Why is a vendor filing a suit against the #1 CEO? Because of non-payment? No way! Say it ain't so.

3) It's been over four years since the last accurate audit was completed. As I mentioned yesterday, there is no way this will make it back onto the marketplace without an accurate audit.

4) Loans upon Loans upon Loans need to be paid. Fran has taken so many loans over the last few years to cover operating expenses. Why does she need loans to pay for the operating expenses? Doesn't this company turn a profit?

It sounds like Fran has done a lot to "clean up" the balance sheet.

EAD!