ESYY been moving nicely and now they come out with this huge PR. Could move to $3.00 quick now! Adding more here.
Royal Spring Water Announces Plan to File for Listing on OTCBB Dec 9, 2005 11:03:00 AM LOS ANGELES, Dec. 9 /PRNewswire-FirstCall/ - Royal Spring Water Inc. (OTC; ESYY.PK), a bottler and distributor of Artesian spring water, announced today that it plans to file for a listing on the NASD Over-the-Counter Bulletin Board exchange (OTCBB).
Alex Hazan, RSW's Chief Executive Officer and Chairman of The Board, said, "A move to the OTCBB will give our company greater visibility and more stability throughout the North American markets.
The company will announce a timeline after upcoming meetings with accountants and legal counsel.
About Royal Spring Water Inc.
Royal Spring Water (www.royalspringswater.com) bottles and distributes Artesian spring water 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 Artesian spring water 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 through a complex filtration and bottling process.
In addition to exceptionally high quality water, the facility allows for the manufacturing of plastic bottles and labels providing a fully customized product for a very competitive price.
It is simple - Royal Spring Water has one of the country's best quality water, at the best price currently available in the market.
Important Information About Forward-Looking Statements
The above statements in regard to Royal Spring Water, which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including Royal Spring Water's beliefs, 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 contact: Maxwell Network Group Mira Anidjar Investment Relations (416) 748-7800 or 1 (800) 596-5503
SOURCE Royal Spring Water Inc.
---------------------------------------------- Maxwell Network Group Mira Anidjar Investment Relations (416) 748-7800 or 1-800-596-5503
Posted by The Jaguar on :
ESYY looking good
I like what I am seeing here. With the move to OTCBB coming soon, this stock looks ripe for a pop. Lots of accumulation going on and MM's seem to be getting loaded...
Hey i just saw this one too, looks very good think as the law of price discovery happens we will see 3-8 in 2006
CANT LIVE WITHOUT WATER, and as population and global climate change happens, demand will push water prices farther then it did gold and oil in last decade
doing more research like what im finding.
Posted by AnneBonny on :
Hmmmm good find! Bet there's some really good dd on this one. Going to sniff it out.
Posted by Greeneyes on :
well it makes sense,Global water consumption rose six fold, more than double the rate of population growth, during the last century. Fresh clean water is getting scarce, and it has no substitutes. For investors in companies that can supply our increasingly thirsty planet, that spells opportunity.
esyy closed at high of day on friday, i will be adding next week
do your research think you will find some good nuggets
Posted by pirateofwallst on :
Some research i gathered this had a strong close on friday and got my attention
Global water consumption rose sixfold between 1900 and 1995—more than double the rate of population growth—and continues to grow rapidly as agricultural, industrial, and domestic demand increases (WMO 1997:9).
New estimates of water scarcity calculated by the World Resources Institute in collaboration with the University of New Hampshire show that some 41 percent of the world's population, or 2.3 billion people, live in river basins under "water stress,"
More than 50% of Americans drink bottled water
From 1988 to 1998, the sales of bottled water tripled to about 4 billion annually, according to the Beverage Marketing Association (LA Times, 4/23/98
How much water do people drink? Nestle Waters North America, Inc.’s revenues jumped from $1 billion in 1997 to $2.6 billion by 2003, only 30% of the market, over $8 Billion dollar industry.
Posted by FurrySound on :
nice info pirate. Been watching this stock, have a thread going in the Over $.10 forum on it. Looking great this week.
Posted by breadwinner on :
Yup, slowly been uptrending. Pirate always had great picks. I see this one trading over 2.oo in short time. They are accumulating cataracts, which is making this a valuable company with strong potential. They sell water that is of higher quality than other mainstream water distributors.
Volume has been steadily rising and I dont see the trend breaking anytime soon. Great company here selling a quality product. Watch this climb these next couple of weeks!
Posted by AnneBonny on :
Know where ESYY (Royal Spring Water) comes from? High Plains Aquifer, also known as the Ogallala Aquifer. One of the country's best water quality aquifers and among the largest in the world, covering an area of about 174,000 square miles. Royal Spring has wells in Herford, Texas, that tap into this aquifer.
Posted by pglum on :
Good info here...looks like there is a lot of upside potential. Going to look into it.
Posted by FurrySound on :
Looking for that $1.50 break today
Posted by Greeneyes on :
Getting closer to 2 each day
Posted by Greeneyes on :
I just spoke with IR and they told me the O/S is 30,072,000 and the float is approximately 3M
I think that the float is going to be absorbed very soon, then it will make a big move higher as shares will be nonexistent
6.5 mil a year contracts so far, allready the fundamentals are suggesting 3.25 range forward pe., typical pe is 15.
Posted by deadcenter on :
If we break 1.50 here we could see 3.00 pretty quick. Nice volume and support from top to bottom.
Posted by Greeneyes on :
New high 1.51 mms loading before run to 3 , huge buy blocks going through
Posted by FurrySound on :
Looking good, nice to see the break over 1.50
Posted by AnneBonny on :
Hey, see that volume? Highest ever also. It's only Tuestay
Posted by Greeneyes on :
should be 1.60's-1.70s tommorrow another high
1.52
Posted by pirateofwallst on :
good volume very strong another high of day close imo
Posted by AnneBonny on :
Water is a growing $420 billion global industry. Royal Spring only needs to capture a small piece of this market to reward its investors. In 2 years the company expects gross income to reach $20,700,000. Shares issued 30,072,000. Won't take long for all to be bought up. Then, where will the pps go!