Replies to post #5816 on Aquagold International Inc (AQUI)

[Bull Trader]

It was stated in the first PR here which we are anxiously awaiting more details on:
Press Release Source: Omninet Media.com, Inc.

Omninet Media.com, Inc. Announces the Signing of a Merger Agreement With AQUAGOLD International, Inc.
Thursday October 25, 4:43 pm ET

SANTA ANA, CA--(MARKET WIRE)--Oct 25, 2007 -- Omninet Media.com, Inc. (Other OTC:ONMC.PK - News) today announces its new merger partner to be AQUAGOLD International Inc. of Montreal, Quebec, Canada. AQUAGOLD International Inc. is the owner of the "AQUAGOLD" label of spring water presently being shipped to China and soon to enter markets in the South Pacific Region.

"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into 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. The estimates on AQUAGOLD'S China contract alone exceed $500 Million in revenues, however how much in excess will follow in the near future resulting from ongoing marketing activities such as the upcoming trade show in Shanghai, China over the coming few weeks.

AQUAGOLD International, Inc. also has a strong marketing, product support and thus market growth plan. This plan is being executed by not only growing and gaining distribution throughout China and the rest of Asia but also through growing market share in each of these markets with a huge opportunity coming when the Chinese Capital City of Beijing will be hosting the 2008 Summer Olympic Games.

Mr. Jesse Rodriguez, elected interim Chairman and CEO, says, "I feel great about announcing AQUAGOLD International, Inc. and its 'AQUAGOLD' Canadian Spring Water line of products as the right merger candidate to bring strong value to our shareholders. Throughout the merger process the AQUAGOLD management team, lead by AGUAGOLD President and CEO Manuel DaSilva, has displayed the leadership required to sustain continued growth."

Mr. Manuel DaSilva, President & CEO of AQUAGOLD International, Inc., says, "We are excited to join Omninet Media.com in a new beginning with a mutual goal of sustained growth, shareholder value and success. I look forward to leading this newly merged company into the future."

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