Bottled water is becoming a priceless commodity, this stock is acting very bullish of late.
In 2004, total U.S. category volume surpassed 6.8 billion gallons, an 8.6% advance over 2003’s volume level. The category includes sparkling and non-sparkling water, domestic and imported water, water in single-serve bottles (the PET segment, named for the plastic used for packaging) and larger packages as well as vended and direct delivered waters. U.S. residents now drink more bottled water annually (23.8 gallons per person in 2004) than any other beverage other than carbonated soft drinks (CSDs).
Royal Spring Water has received approval from Standard and Poors. "Blue Sky" benefits, are effective from today. PR Newswire - June 15, 2006 10:14
LOS ANGELES, June 15, 2006 /PRNewswire-FirstCall via COMTEX/ -- Royal Spring Water Inc. (OTC: RSPG), a bottler and distributor of pure, sweet water from the Artesian wells of the Ogallala Aquifer announced today that it has been approved as a company to be listed on the Standard and Poors Market Access Program, which enables Royal Spring Water, to be "Blue Sky" compliant.
Alex Hazan, President of Royal Spring Water said "Public company's securities must meet state-level "Blue Sky" statutes before the securities can be bought by investors in those jurisdictions. With the listing on the Standard & Poors Market Access Program, Royal Spring Water now meets the state-level "Blue Sky" statutes in up to 37 states. It also helps to "showcase the company to 200,000 plus financial professionals, compliant officers, fund managers, registered representatives and research analysts."
About Royal Spring Water Inc.
Royal Spring Water ( http://www.royalspringswater.com ) bottles and distributes pure, sweet drinking water from the Artesian wells of the Ogallala Aquifer of unparalleled quality and purity. The Company's underground source has existed for millions of years and is part of the "Ogallala Aquifer", one of the country's largest and best water quality aquifers. This pure water from the Artesian wells is already cold and free of organic contaminants, making it desirable for drinking. The state-of-the-art facility in Hereford, Texas is where pure water is extracted from underground wells and then filtered and filled through a complex filtration and bottling process.
In addition to high quality water, the facility allows for the manufacturing of plastic bottles and labels providing a fully customized product for a very competitive price.
About Standard & Poors
Standard & Poor's Corporation Records has since 1917 been the premier resource for addressing "Blue Sky" compliance, in up to 37 states. Standard & Poor's Corporation Records facilitates trading for securities, whether it is US-based or global, and particularly if it does not trade on the NYSE, AMEX or NASDAQ.
Important Information About Forward-Looking Statements
For further information please contact: Maxwell Network Group Sheldon Gold Mira Anidjar Investment Relations (416) 748-7800 or 1 (800) 596-5503 http://www.maxwellnetwork.com
SOURCE Royal Spring Water Inc.
Maxwell Network Group - Sheldon Gold, Mira Anidjar, Investment Relations, (416) 748-7800 or 1 (800) 596-5503, http://www.maxwellnetwork.com
This is an unsolicited Pink Sheet stock which means that it is dangerous at the very best. The last filing that was submitted on June 7th, eight days ago and was for the period ending on 8-31-05 which indicates that RSPG is trying for a relisting on the OTCBB. In that filing the company only had $12.00 in cash and $10,012 in current assets. The current liabilities were $237,226. The company lost $237,226 in that fiscal year. All of the liabilities were covered by the issuing of shares and the largest expense by far was the administrative costs. There has been no revenues up to that time and the investors have clearly been the supporter of this company. Hopefully the management is astute and dedicated. Maybe they have been able to get the company turned around since then but if not it will require the investors to continue to pay all expenses for the company.
The only question i care about is can this continue to make me money. The resounding answer is YES!!!!!
Now recent news Popeye, might suggest you will get your reporting company in future with S @ p recent news, however im not looking to get married, just looking for a ride to 3-4.
I believe that there are great rewards with very little if any risk. I like GG and at $9.75 it was a great buy. GG closed on Friday at $27.38. The company has hundreds of millions in cash, a very good income from precious metal sales, pays a cash dividend 12 times a year and no debt. A billion dollar corporation with very little risk.
Royal Spring Water announces completion of the testing of its state-of-the-art Plant in Hereford, Texas, and is now entering into production. PR Newswire - June 19, 2006 10:19
LOS ANGELES, June 19, 2006 /PRNewswire-FirstCall via COMTEX/ -- Royal Spring Water Inc. (OTC: RSPG), a bottler and distributor of pure, sweet water from the Artesian wells of the Ogallala Aquifer, announced today the completion of its plant in Hereford, Texas, and is now entering into production in anticipation to fulfill future contracts.
Vartan Youssefian, Chief engineer and plant manager of Royal Spring Water said, "our state of the art water bottling plant is currently capable of producing up to 144,000,000 bottles per year (16.9oz). We have the water capacity to grow and supply up to 16,148,468,700 bottles per year (16.9 0z). Royal Spring Waters' bottling line can handle bottle sizes from 8oz bottles to 1.5 liter bottles. Also, our bottle stretch blow molder enables us to produce our own bottles from preforms and is an additional reason why we can offer very competitive prices for our product.
Alex Hazan President and CEO of Royal Spring Water said, "We are also pleased to announce that Royal Spring Water added the capability to bottle flavored water and carbonated water. Flavored water is becoming one of the fastest growing sector of the bottle water industry and we anticipate obtaining a large percentage of the market share, with this product".
About Royal Spring Water Inc.
Royal Spring Water (www.royalspringswater.com) bottles and distributes pure, sweet drinking water from the Artesian wells of the Ogallala Aquifer. The Company's underground source has existed for millions of years and is part of the "Ogallala Aquifer", one of the country's largest and best water quality aquifers. This pure water from the Artesian wells is already cold and free of organic contaminants, making it desirable for drinking. The state-of-the-art facility in Hereford, Texas is where pure water is extracted from underground wells and then filtered and filled through a complex filtration and bottling process.
In addition to high quality water, the facility allows for the manufacturing of plastic bottles and labels providing a fully customized product for a very competitive price.
Important Information About Forward-Looking Statements
The above statements, which are not purely historical, are forward- looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including our belief, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that the actual outcome and the actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties, such as technological, legislative, corporate, financial and marketplace changes. All statements in this news release that are other than statements of historical facts are forward-looking statements, which contain our current expectations about our future results. Forward-looking statements involve numerous risks and uncertainties. We have attempted to identify any forward-looking statements by using words such as "anticipates," "believes," "could," "expects," "intends," "may,' "should" and other similar expressions. Although we believe that the expectations reflected in all of our forward- looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. A number of factors may affect our future results and may cause those results to differ materially from those indicated in any forward-looking statements made by us or on our behalf. Such factors include our limited operating history; our need for significant capital to finance internal growth as well as strategic acquisitions; our ability to attract and retain key employees and strategic partners; our ability to achieve and maintain profitability; fluctuations in the trading price and volume of our stock; competition from other providers of similar products and services; and other unanticipated future events and conditions.
For further information please contact: Maxwell Network Group Sheldon Gold Mira Anidjar Investment Relations (416) 748-7800 or 1 (800) 596-5503 http://www.maxwellnetwork.com
SOURCE Royal Spring Water Inc.
Maxwell Network Group, Sheldon Gold, Mira Anidjar, Investment Relations, (416) 748-7800 or 1-800-596-5503, http://www.maxwellnetwork.com
Another contract announced. Clark County School District is the 5th largest in the US
Royal Spring Water signs contract to supply Clark County School District, Nevada with Artesian and flavored water. Wednesday June 21, 1:05 pm ET
LOS ANGELES, June 21 /PRNewswire-FirstCall/ - Royal Spring Water Inc. (OTC: RSPG - News), (the "Company") a bottler and distributor of pure, sweet water from the Artesian wells of the Ogallala Aquifer, announced today that it has entered into an agreement with Data Commodities Ltd. as their supplier of Artesian and flavored water for the Clark County School District.
Teens Seem to Be Losing Interest In Carbonated Drinks Like Colas
By CHRISTINA CHEDDAR BERK June 22, 2006
It might not be wise to pin hopes for a recovery in carbonated soft-drink sales on teens.
Health concerns and parental restrictions are steering teenagers to other beverages, according to a survey conducted by Morgan Stanley analyst Bill Pecoriello. His research shows the image of colas, and even diet colas, continues to deteriorate rapidly.
These findings further reinforce Mr. Pecoriello's view that yearly carbonated-soft-drink sales volume will decline 1.5% this year, more than twice the rate of decline last year.
According to the survey, 13- to 17-year-olds are drinking fewer fizzy beverages than the overall population. Instead, the group favors noncarbonated beverages such as sports drinks, bottled teas and energy drinks.
"While teens are less health conscious than adults, it is still relatively high and growing," Mr. Pecoriello said, in the report. "Once the teens become adults, we believe that they will become more health conscious and thus are unlikely to start increasing their [soft-drink] consumption."
These trends bode well for PepsiCo Inc., which sells Gatorade and Aquafina waters. Mr. Pecoriello expects Pepsi's stable of noncarbonated drinks will continue to help the Purchase, N.Y., company grow at a rate above the industry's average in the coming years.
The news isn't as favorable for Coca-Cola Co., which lacks strong noncarbonated brands.
According to Mr. Pecoriello, many of the product introductions that have added flavors to existing brands have appealed to consumers who are already heavy soda drinkers, rather than attracting new consumers to the category. However, there is some risk that soda trademarks have already been overextended, he said.
The lack of interest from teenagers also could hurt Coke in the highly profitable fountain-beverage category, which is its stronghold. McDonald's Corp., for example, wants to offer its customers more choices and is testing some beverages that compete with Coke in a few TEXAS LOCATIONS
"This could have longer-term profit implications for Coke, which derives 30% of its U.S. volume from the fountain channel," Mr. Pecoriello said.
Mr. Pecoriello surveyed 1,550 consumers ages 13 to 65 years old.
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