Royal Spring Water (fka RSPG)

[BillionStack]

Here is more information that I'm sure few know here:

Lease

A lease was signed for the facility in Hereford on Aug 1st 2005 for 1,000 sq,ft,. of office space, 71k sq.ft. of warehouse space, (6) 25k gallon tanks and water rights for Wells #11 and 12

Here are the details:

Aug, Sept, Oct --Free
Nov - April 06' --$15,000 a month= $90,000
May - Nov 06 --$25,000 a month= $150,000

So, RSPG has now spent $240,000 renting the facility for exactly one year and had 3 months of rent free. For that quarter of a million dollars, how much water has been produced and shipped?

RSPG has a 4 year option to purchase the facility for $4.2 million dollars. 3 years remaining on that option.

Most of the water bottling equipment is leased. Do not know the cost or the terms, but RSPG does not own the equipment.

Still digging , but I thought that investors would want to know this info.