Air Water International (fka AWTI)

[The Original dpb5!]

Up-Date:
Introduction
Although many of you probably suspect that a December up-date was not issued because of demands of the Holiday season, in fact it was the demands of the "reporting" season that kept us from preparing one. (Specific Honesty!) As a newly-reporting company under Securities and Exchange Commission regulations we are just now becoming aware of the overwhelming demand on time and resources that compliance with reporting status entails. In December (and early January) we were preparing and filing our annual statement (10Ksb) as well as a new SB-2 and a Post Effective Amendment to our earlier SB-2. All of these require extensive drafting and review that, quite frankly, distracted us (an admitted apology) from preparing a month-end update. Of course, the information in the 10Ksb is as accurate an "up-date" as can be found anywhere.
(He's actually right, you know!)