Royal Spring Water Inc. will enter Phase 6 of "Proposed Milestones to Implement Business Operations," to rectify and bottling alcohol, in the state-of-the-art facility, in Hereford, Texas.
LOS ANGELES, March 15, 2007 /PRNewswire-FirstCall via COMTEX/
Royal Spring Water Inc., (RSPG), (the "Company") a bottler and distributor of pure water from the Artesian wells of the "Ogallala Aquifer", announced today that its facilities in Hereford, Texas, have now been approved as a United States customs bonded warehouse, which is used for all imported goods that require US customs clearance, federal taxes and duties. Over seen by both the Alcohol, Tobacco, Firearm Bureau, and US Customs, the alcohol importation, bottling, and distribution, is one of the most supervised, scrutinized, and regulated sectors by the US federal government. Data Commodities Ltd, which is already selling the Royal Spring Water Inc. bottled water, will be importing its 180 proof spirits to the Royal Spring Water Inc. facility in Hereford, Texas,to be rectified, bottled, and distributed. Alex Hazan, President and Chief Executive Officer said " The Spirit Rectifying and distribution is over a $20 billion industry business in the US alone, and having a customs bonded warehouse is a great achievement for Royal Spring Water Inc., and a great step forward in implementing phase 6 in our "Proposed Milestones to Implement Business Operations" that was stated in our last SEC filing of the SB-2 .
The long process of receiving the approval for being a bonded facility warehouse, included meetings, clearance, and physical inspections, to get our facility to be a US Customs bonded warehouse. We are in the process of obtaining an explosion proof, inline bottling system, that will meet all ATF guideline's for bottling alcohol. The manufacturer of the alcohol bottling line, estimates a 6 to 8 week period to deliver, build and install the new bottling line. An additional advantage of having this bottling system, is the fact that we can also utilize this system to bottle private label water bottles with a shape and dimension that do not fit our regular bottling line, that we are currently using to bottle Royal Water, RHYTHM H2O, our structured water brand, and all our current private label clients. This new system can bottle from 8oz to 1 liter. It will also act as a back up system for our current bottling line."
Phil Restifo, Chief Executive Officer of Data Commodities said "It is very exciting for us to have the Royal Spring Water Inc. state-of-the-art facility, be a US customs bonded warehouse, as it is an essential element for us bottling our alcohol at the Royal Spring Water Inc. facility. There are only 17 spirit rectifying and bottling facilities in the entire United States, once Royal Spring Water Inc. has completed installation of their alcohol bottling line, and being approved by the ATF, we will transfer all of our alcohol bottling for COHIBA CARIBBEAN'S FINEST RUM, Vodka, and Tequila products, to Royal Spring Water Inc. facility in Hereford, Texas, including our multimillion dollar private label, Ying Yang Vodka, that we just signed with Atlanta's party rap duo "Ying Yang Twins".
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