Wataire Industries Inc. (fka WTAF)

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Wataire Ecosafe Technologies to Ask Shareholdes to Provide Shareholder PositionsLast update: 1/8/2008 9:00:29 AMVANCOUVER, British Columbia, Jan 08, 2008 (BUSINESS WIRE) -- Wataire Ecosafe Technologies Inc. (PINK SHEETS:WTAF) announces that the Company will be requesting current shareholders to provide documentation for the number of shares they hold. The purpose is to ensure a correct total of shareholdings in order to move forward and pursue corporate financing. The Company is aware that shareholders have been concerned about the inability to trade without bid and ask quotations from a market maker. Verifying the share positions of current shareholders will be of great assistance to the Company and will also aid in pursuing urgently required operating funds. The fact that the Company carries no debt should assist in financing either with equity or debt financing or some combination of both financing methods. Shareholders will be contacted with instructions on how to provide documentation of their current shareholdings. We believe that pursuing this course of action will help move the Company forward to capitalize on the demand for chemical free, affordable drinking water solutions and help increase shareholder value.