Royal Spring Water (fka RSPG)

[invest2retire]

This stock should haver seen more than $1. It's obvious it was a pump and dump alegedely perpitated by the Maxwell group. The principals never expected to see those kind of numbers. Let's face it. It's a startup. I expect this to be a penny stock until we see some major sales and profits. Thry have a viable product in a crowded market and they have the ability to be very competitive in private label. I don't expect the Royal Spring brand to have any major impact in their market share, but the big boxes are looking for good tasting water on the cheap. This they have. It takes these big boxes many many months to bring on a new vendor. I know. I delt with Wal Mart. After 18 months of negoiating, my first order was over 3 mil. I had to sign a confidentiality clause. If I told anyone about the negoiations going on, I would be cut off immediately. All the majors have this clause. So just because you don't hear about anything going on doesn't mean it's not.
ITR