Replies to post #65746 on Aquagold International Inc (AQUI)

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Along with someone else who posted, I will entertain any legitimate questions to ask management at the meeting. A couple of questions I have are:

1. The initial pinksheet filing stated E&Y were the auditors, but in March 2008, you named Mendoza, which is it. And why was no 8k filed, as to the change of auditors, as required even for pink sheets.

2. Regarding the contracts, are they formally inked, if not what general points are up for negotiation? As the chinese distributor/retailer will be issuing a letter of credit to guarantee payment, have you made banking arrangements to get loans based on the letter of credit? If not, how will fund working capital?

3. Per an industry report, (someone posted earlier), are gross profit margins per case projected to be .03 to .08 cents/case? If so, how much does freight/transportation cost cut into the gross margin?

I will attempt another math equation, 17 million cases at an average of .05 profit margin equals $850k. How many cases do you expect to ship in 2008? As importantly, how many have been shipped, that were not donated, so far this year.

4. Do you plan on adding independent directors to the board.

5. How much capital is needed to implement the plan in 2008 and 2009? how will it be raised (debt and/or equity).

I am considering investing, but need some answers.

Lastly, if AQUI does not publicly announce (newsletter doesn't cut it) the "investor meeting", is what they tell us considered to be inside info. I guess not, if they tell anything other than what is in the public realm.