Aquagold International Inc (AQUI)

[Anvil]

Been keeping an eye on this one. For first impressions, one can go back to my comments from the 2nd NY investor meeting. I met Lochan and he is a good guy. Having said that, my impression of what is going is as follows:

1. Don't know the new ceo, heard his interview with Markss and seems competent for a pink.
2. When I met Sauve, he is was like a deer in the headlights, probably a good move in pushing into a different role.
3. The swordsman, all hat no cattle.
4. Good thing they jettisoned Pauly three fingers, total scum.

The business:

1. He#$, they sell Evian for alot of money, no reason why Aguagold can't compete. If they can get the price, they can afford to ship it for the eastern Canada to the West for shipping.
2. Major issue bothering me? The contract. When you have a contract, the vendor has to meet certain minimum purchase orders. If they have placed another order, I am sure it would have been pr'd. As it hasn't, I assume a new order has not been placed and that means, the product is not selling well in China.

3. Still can't understand how you roll out a premium product in grocery stores. Should have been exclusive to hotels, upscale restaurants and bars. I can only take this as the product has not been accepted to upscale establishments.

4. The marketing effort, UN and TV show is commoditizing this product and won't result in the exclusivity and profit margins anticipated.

Hope all make money, but I see a 40 foot putt with past greens and a triple break.