AQUI- .065x .067- Insane volume running threw this stock!!!
The company just released news today. With a recent name change and a new PR, the company is on it's way up IMO. After a small dip so far, it's looking like it's going to make a full turn around. The PR covered the company announcing that China's largest supermarket chain and largest "fast-moving" consumer goods chain, LIANHUA Supermarket Holdings Co. Has been introduced into AQUAGOLD's products network of sales. Just the start of more joint ventures to come.
AQUAGOLD International, Inc. (PINKSHEETS: AQUI) Announces Sales Contract With Lianhua Supermarket Holdings Co., Ltd., Owners of China's Largest Retail Chains
Friday April 4, 9:00 am ET
LAS VEGAS, NV and MONTREAL--(MARKET WIRE)--Apr 4, 2008 -- AQUAGOLD International, Inc. (Other OTC:AQUI.PK - News) today is proud to announce that China's largest supermarket chain and largest "fast-moving" consumer goods chain, LIANHUA Supermarket Holdings Co., Ltd. (www.lhok.com.cn), has been introduced into AQUAGOLD's products network of sales. LIANHUA Supermarket, established in 1991 in Shanghai, rapidly grew to over 3700 points of sale, excluding outlets operated by associated companies, spanning 20 provinces and municipalities across China. LIANHUA Supermarket and its subsidiaries operate three main types of retail outlets, namely hypermarkets, supermarkets and convenience stores, catering for the diverse needs of consumers. The three retail forms continue to expand and develop under the brand names of "Century Mart," "LIANHUA Supermarket" and "LIANHUA Quik." Daniel Sauve, AQUAGOLD's President and CEO, says, "This is the beginning of the previously announced sales contracts starting to unfold before us. Today marks the commencement of an exciting time and growth stage in AQUAGOLD's history."
About AQUAGOLD International, Inc.
AQUAGOLD International, Inc. has developed a national network of retailers and points of sale in preparation for the highly anticipated launch of its line of premium spring water products in China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 billion USD in volume and current value terms.
AQUAGOLD is actively pursuing additional growth and is focused on growing market share in China as well as the rest of Asia, and the Company anticipates even more substantial opportunities in the near future as the Chinese capital city of Beijing hosts the 2008 Olympic Summer Games.
About EricDavid & Sons, Inc.
Specializing in investor relations, EricDavid & Sons, Inc is a financial management, marketing and consulting firm that retains as clients only those who are perceived to offer unusual products or services with the potential to command a dominant position in their respective industry/marketplace and publicize companies with unique products services offerings whose stock is undervalued in relation to their long-term earnings potential.
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