Aquagold International Inc (AQUI)

[Ranzy MD]

ONMC - FOR LAZY PEOPLE WHO CAN'T CLICK READ THE INTERVIEW HERE

QUA GOLD INTERNATIONAL INC
(ONMC.PK)
EricDavid & Sons Text Interview with
Aqua Gold International INC.



EDS : Good morning Mr.Taillefer and thanks for taking time out of your busy schedule to do this interview with us. Please tell us about your recent trip to China and the outcome of the trip.

ONMC: It was a very short trip, I had the pleasure of meeting our current Asia President and future CEO of AQUAGOLD ASIA , Mr. York Tang. I had the opportunity to survey the work that has been done so far and make initial contact with the members of our team assisting us in the development of our company in China . Early this November, members of our executive Daniel Sauvé and Marc-Olivier Hassoun joined the team in Shanghai to lend a hand in the very important FHC show that was a success for AQUAGOLD'S first trade show in China.



EDS : Please identify the people in the pictures posted on your website and what Aqua Golds's relationship to them is.

ONMC: In our websites pictures you will find Mr.York Tang current Asia President and future CEO of AQUAGOLD ASIA , David Xu head of customs office ( Beijing ), Guy R. Baillargeon AQUAGOLD Intl. legal counsel.



EDS : What is your current share structure, Authorized, Outstanding & Public Float? Also can give us an idea what the tradable float might be?

ONMC:
Authorized: 1 Billion
Issued and Outstanding: 716 Million
144 Restricted Control Block: 500 Million
Public Float: 216 Million



EDS : When is the name change / symbol change expected?

ONMC: The merger documents should be completed and filed within 2 weeks and the name change will be filed immediately thereafter.



EDS : Once the name is changed, will there be any change in share structure? and if so please explain.

ONMC: We foresee no need to change the share structure anytime in the near future. We believe strongly that due to the strength of our Business Plan, Contracts and Revenue model, that the market will easily absorb our current share structure into the market.



EDS : Are you going to move off the Pink Sheets and onto another stock exchange and if so which exchange are you looking at?

ONMC: Yes, once our revenues begin to be realized and all mergers are completed, we do plan to audit our financials after a minimum of 1 quarter and apply immediately to the Bulletin Board and eventually, as quickly as possible we would then like to move to the AMEX.



EDS : What is your time frame to become fully audited and comply as a fully reporting Company?

ONMC: We will need 1 Quarter of revenues before we will file for an audit and become fully reporting. Therefore it should happen either at the 90 day mark or 180 days into the launch or sales and revenues.



EDS : Will Iroquois be able to meet demand of China Contracts?

ONMC: Yes, Iroquois can handle all the production we will need in the initial roll-out. As we grow our sales we do realize that we will have to invest in helping Iroquois acquire extra bottling equipment and expand existing plants to handle the increase in demand at that time.

EDS : Are you working with any other suppliers / bottlers?

ONMC: We are not presently working with other water suppliers. However, we are in active talks in conjunction with Iroquois Water with many bottlers anticipating future production growth and sales increases.



EDS : Can you give us any details on potential China Contracts?

ONMC: Following the great interest for AQUAGOLD spring water shown at the FHC 2007, our team in China has been meeting and discussing with a host of distributors that have shown interest in our product. The results which will be communicated to you in the near future.



EDS : Can you give us guidance as to what you expect to be doing revenue wise in 08 and after?

ONMC: At this point the 500 million dollars already announced in our previous press release shall be exceeded.



EDS : Do you have any further information that you would like to share with us?

ONMC: There is so much going on presently that we will divulge information in a timely fashion.



EDS : Sounds like you have things moving in all the right directions and will like to interview you in two months for more updates.

I want to thank you so much for taking the time from your very busy schedule to talk to us about your great Company and we wish you all the best of luck into the new year.



Interview conducted by Steven J Weiss, CEO, SR Market Analyst and Publisher www.ericdavid.com "The EricDavid Newsletter, Inc.

For the past 8 years, Mr. Weiss is famous for discovering many publicly traded Micro Cap Companies which have grown from hundreds to thousands of percentage points in share price gains. Mr. Weiss has worked in many financial capacities for TV and Publishing Giants in NYC.