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Alkaline Water Company Inc WTER

The Alkaline Water Company Inc. is a clean beverage company. The Company offers retail consumers bottled alkaline water in 500-milliliter, 700-milliliter, 1-liter, 1.5 -liter, 2-liter, 3-liter and 1-gallon sizes, all of which is produced through an electrolysis process that uses specialized electronic cells coated with a variety of rare earth minerals to produce 8.8 pH drinking water without the use of any manmade chemicals. Its flagship product is Alkaline88, which is a premier alkaline water brand available in bulk and single-serve sizes along with eco-friendly aluminum packaging options. The Company also sells a line of Alkaline88 Sports Drinks. Its bottled alkaline water product is presently available in over 75,000 stores in all 50 states, the District of Columbia, the Caribbean and in Mexico and Canada. The Company sells its products directly to retail clients, including convenience stores, natural food products stores, large ethnic markets, and national retailers.


OTCPK:WTER - Post by User

Comment by up2005on Jul 11, 2022 2:00pm
66 Views
Post# 34815709

RE:Looks Promising

RE:Looks Promising Next set of financials will help indicate the path to profitability. The burn rate has been high due to expansion plans, establishing co-packers, adding to variety of packing sizes, bottle types, and going after the massive convience store and box store chains. Moving pallets of water around the country is expensive. The fact that A88 will be seeing a product price increase will help. Would like to see the penetration numbers for their CBD offering. That has been a slow uptake in Canada due to government regulations which are now loosening. Sales continue to grow, when they get the expenses lowered we will see a very attractive bottom line. Sets us up for a takeover bid which I wouldn't support at this stage BUT would bring attention to the company. The I/R department needs an upgrade. 
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