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lupientr

11/24/07 10:30 AM

#7511 RE: stayfocused #7510

Thanks for the info. Have a good weekend, T.

lupientr

11/24/07 10:39 AM

#7512 RE: stayfocused #7510

BTW, I live in Atlanta and we are having our own water crisis. Currently, you can go anywhere and pick up a case of water for around 5 bucks. If we don't get rain in the next 6 months, that price might go up, but from my research, china and the drought ridden southeast might be in comparable scenarios. Living in Atlanta, we have a zillion water companies selling h2o. The corp. headquarters for Coke is in Atlanta and there is dasani everywhere. Let's hope omni international sales in China and elsewhere, India?, boom. Good luck, T

more taxes please

11/25/07 1:45 PM

#7519 RE: stayfocused #7510

The capacity of Iroquois is the last thing I would worry about in this deal. Not that it isn't an issue, but it is minor is the scheme of things. The key is the relationship, the source and the process. We know the relationship is good because of the import and trademark licenses. We know the source is good since Canada is the largest source of pure water (glacier and spring) in the entire world; this is what the Chinese want, purity, not someone to come in and filter their own nasty, polluted water(Coke Dasani); and not someone to bring in spring water inconsistent with their personal preferences (Evian, too much bacteria). And we know the process is good because COTT used Iroquois for its large scale bottling.

The addition of a new bottling line is a one time capital expenditure with an immediate ROI. Trust me, Iroquois and Aquagold will add as much capacity as they can sell. And if for some reason Iroquois isn't up to the challenge, I don't think Aquagold will let them slow down a potentially billion dollars of revenue. Competetive bottlers will be lining up at Aquagold HQ for a just a fraction of this contract. IMO