Replies to post #85970 on Aquagold International Inc (AQUI)

[labdrinker]

i asked this before, i think you will be honest if you know.
how long can the o/s be increased before it needs to be filed.? i seemm to remember 1 qrt 90 days. i know they arnt a reporting co. but the sec requires the info if more shares are being let into the market. via 504 , private placement, or compensation.

[Lochan]

I guess everyone has their price, but I think these guys want to build this company into one of the three biggest in their category before they consider selling. I could see them being acquired if they are not able to get financing in the tens of millions of dollars somewhere down the road and their only means of expanding to match the rate of demand for the product would be to become a subsidiary of a larger corporation. I doubt anyone in management would even consider discussing that possibility right now.

[$PennyMover]

I like Xmas presents

[GuruTrader]

The AQUAGOLD Sales Team in China plans to distribute product samples at the Lianhua stores for on-site consumption. Informational brochures and pamphlets will also be distributed, providing information about the company's high-end bottled water product. Prestigious shelf space has been allocated to AQUAGOLD, rivalling that of more established brands.

AQUAGOLD Asia recently increased its sales force numbers in order to more strongly represent the Company's flagship bottled water product at the Lianhua points of sale. The sales team will ultimately be increased to approximately fifty people, including four managers. After establishing its primary sales team in Shanghai, AQUAGOLD will continue its sales efforts in the region by introducing its bottled water to Beijing, the southern coastal areas, and then to other key cities such as Dalian.