Replies to post #2699 on Royal Spring Water (fka RSPG)

[ChunkyMonkey]

Very interesting.....Being Maxwell owns so much you think they would try to get the PPS up. Tight Work Billion

[BillionStack]

Here is more information that I'm sure few know here:

Lease

A lease was signed for the facility in Hereford on Aug 1st 2005 for 1,000 sq,ft,. of office space, 71k sq.ft. of warehouse space, (6) 25k gallon tanks and water rights for Wells #11 and 12

Here are the details:

Aug, Sept, Oct --Free
Nov - April 06' --$15,000 a month= $90,000
May - Nov 06 --$25,000 a month= $150,000

So, RSPG has now spent $240,000 renting the facility for exactly one year and had 3 months of rent free. For that quarter of a million dollars, how much water has been produced and shipped?

RSPG has a 4 year option to purchase the facility for $4.2 million dollars. 3 years remaining on that option.

Most of the water bottling equipment is leased. Do not know the cost or the terms, but RSPG does not own the equipment.

Still digging , but I thought that investors would want to know this info.

[hellzhub]

Billion...
you're beginning to address issues i posted on this board a few months back with the release of their last 10Q. Good for you!! Maxwell & Mira & Gold have significant positions, when you look at the breakdown of shareholders on the 10Q.

Clearly, what should be questions by you shareholders is what you've been led to belive. By all accounts, the PRs lead you to think that this company signs LOIs which they cannot fulfull. So is it the issue that the buyers cannot pay or that they are not in production & shipping?? Its a simple yes or no thing, you're either selling a product or not. Then you can also ask, what has occured w/ the plant tour they mentioned to you?? Is that a figment of imagination too. I think many have been deluded to think RSPG is a "good" company due to the stability of the stock price - i'd be cautious to make that assertion. My personal dissatisfaction w/ RSPG is drectly linked to Maxwell, who to me in contact seemed to be PUMPING more than relating the stock. There are things out there that I do belive as shareholders you should know about, like the status of the OTC upisting, The plant? the LOIs, & with ALL those shares registered to SELL at any time, it could just be insiders/relatives of pushing shares to the open market where schlums are picking them up....
But i'm happy to see rationale playing a part in your thinking. Clearly, things are not that royal right now!!

http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001140361%252D06... pgs 11-13

http://www.investorshub.com/boards/read_msg.asp?message_id=12849407
http://www.investorshub.com/boards/read_msg.asp?message_id=12846590
http://www.investorshub.com/boards/read_msg.asp?message_id=13661391

[BillionStack]

This is Maxwell Group:

Maxwell Group --> 1.4 million shares of RSPG stock
Itamar Cohen --> 1.4 million shares of RSPG stock
Mira Adidjar --> 650,000 shares of RSPG stock
Ken Gold ------> 350,000 shares of RSPG stock

That's 3.8 million shares of RSPG stock = to $8.36 million (2.20) a share.

Itamar Cohen registered the Maxwellnetwork.com at the Concord address in Canada so I assume he owns Maxwell.

http://whois.domaintools.com/maxwellnetwork.com

In the stock registration on the RSPG filing, Itmar and Mira share the same address. I assume they are a couple and she considers herself an office manager for Maxwell...(Between 1st class "of course" trips to Paris)

There you have it:

Maxwell gets 1.4 million shares, Itmar gets 1.4 million, His girlfriend gets 650k, and Gold gets 350k shares.

For what?