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Prime Drink Group Corp DOMWF


Primary Symbol: C.PRME

Prime Drink Group Corp. is engaged in acquiring spring water permits to develop operations in the spring water market in Quebec. The Company seeks to acquire and integrate beverage businesses in diversified sectors. The Company’s water rights comprise Duhamel, Notre-Dame-du-Laus, St-Joseph de Coloraine, Sainte-Cecile-de-Witton, Saint-Elie-de-Caxton, and Source Alto 2000 Inc. Its subsidiaries include 6305768 Canada Inc., Centre Piscicole Duhamel Inc., 11973002 Canada Inc., Source Sainte-Cecile Inc., 3932095 Canada Inc. and Societe Alto 2000 Inc.


CSE:PRME - Post by User

Comment by SY3XElonon Mar 22, 2022 9:20am
116 Views
Post# 34533909

RE:RE:Monetizing Water Rights

RE:RE:Monetizing Water RightsI read this on their website. So why $0 in revenue and $1.3 million in liabilities. That is the opposite of the statement below. This seems to be such a great opportunity with the assets they own. What am I missing? I am doing my initial DD as you may be able to tell and was hoping at least someone here would know some of these answers. If not I will reach out to the company. I can't invest without at the very least understanding the revenue and timeline plans. Anyone else feel the same or have the answers it would be appreciated. 

Moreover, DWR has developed a unique strategy to draw immediate benefits from these assets through innovative forms of revenue generating activities. Our revenue generating strategy is based on providing asset based financial instruments that will allow DWR to generate enough revenues to protect its assets and develop new instruments that will ensure growth. DWR will operate with reduced overhead and minimal risk and liability, the intention being that the assets—the core of our business model—do not get jeopardized.
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