Alkaline Water Comp Inc (WTER)

[Tally-ho]

QUOTE: “Why don't you show us where the May 2018 financials are for this company?”

So here are their May, year over year sales figures, as announced by the company (unless you are accusing them of promoting some type of falsehood in the following 2 press releases):

Alkaline Water Company Inc. Achieves Record Sales in May9:30 am ET June 6, 2018 (Globe Newswire) The Alkaline Water Company Inc. (TSXV:WTER) (OTCQB:WTER) (the "Company"), with products bottled under the trademark Alkaline88, is pleased to announce record sales were achieved in May with sales exceeding $2,900,000.

June, 8, 2017 WTER press release: The Alkaline Water Company Inc. (OTCQB: WTER) is proud to announce that in May 2017 the company sold a record $1.84 million of Alkaline88® water to our customers.

As I’ve stated, that’s explosive monthly year over year revenue growth or what money managers call “ARG”….accelerating revenue growth, and exactly the types of stocks they buy “hand over fist”.
The losses you’ve cherry picked from the 10k are typical “growing pains” for a company with this kind of rapidly accelerating revenue growth and are only temporary minor setbacks in my opinion. Yes the price may go down somewhat in the short term as the Stochastic momentum index (a short term indicator) and you both suggest, but that’s not what matters going forward since what really matters is what the share price will be 1 month from now, 3 months from now, and 1 year from now.

Let’s take a walk down memory lane and examine some of the technicals on the 90 day daily chart at today's pre-open, since their April 5th statement when, at just one of the 6 times in the last several months you’ve called the company a “scam”.
MFI (MoneyFlowIndex) up 78.5%, recent PSAR flip to the positive on June 15th indicating strong price appreciation going forward. The current 10 day average volume increased 73% over the average volume for the previous 40 days with significantly much more buying than selling as the Accum/Dist/Buy indicator would suggest, sharply up from .05 to 1.7 (a 34 fold increase). Also, the ADX is at a very powerful 39 (an ADX reading above 25 is an indication that the current trend is strong and very well sustained). Furthermore, the 50 day/200 day moving averages are up sharply as well along with a whopping 81% increase in share price since your April 5th post in which you called them a scam (not to mention an explosive 400% share price increase in the last 2 and 1/2 years). I could go on and on here as these statistics are all indisputable but suffice it to say that every technical metric you could possibly examine represents exceptionally bullish sentiments going forward on a medium to long term basis.



Now let’s examine some other important forward looking factors in play here. As more and more consumers have become aware of all the health risks of sugary sweetened carbonated drinks, sales of sodas such as Coke and Pepsi have declined by more than 20% in the past 2 decades and it’s no wonder consumers are turning to bottled water now more than ever. Total bottled water sales volume rose about 9% to 12.8 billion gallons in 2016, compared with a year earlier according to the Beverage Marketing Corporation.
More importantly, bottled water overtook carbonated soft drink sales last year for the first time in US. history. The most rapid segment of bottled water sales increases are occurring in the alkaline water sector so it’s no wonder WTER sales are up 55% year over year and the share price now up a whopping 81% since April 5th. That said, I am of the very strong belief that this is one of the strongest possible buyout candidates in the market today so needless to say, I’ll be looking at any near term pullbacks as an excellent buying opportunity.