posted
can someone post this buyout news for me ? i don't know how . wstm will announce tonight or tommorow .can someone post this so we can all share in this little known secret.
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quote:Originally posted by dice: can someone post this buyout news for me ? i don't know how . wstm will announce tonight or tommorow .can someone post this so we can all share in this little known secret.
Here is some of the info...Next week is looking to be hot.
OMNINET MEDIA.COM (OTC: ONMC), Soon to Be AQUAGOLD International, Inc., Issues Corrective Timeline to Previously Announced Merger Completion
Market Wire "US Press Releases "
SANTA ANA, CA -- (MARKET WIRE) -- 01/10/08 -- OMNINET MEDIA.COM, INC. (PINKSHEETS: ONMC), soon to be AQUAGOLD International, Inc., stated on December 19th 2007, "Upon completion of the filing of the final merger documents with both the State of Nevada and NASDAQ, OMNINET MEDIA.COM, INC. will immediately file the official name change to AQUAGOLD International, Inc. and apply for a new CUSIP number. This entire process should take about 2 weeks to be completed." Manuel DaSilva (CEO AQUAGOLD International, Inc.) takes this opportunity to legitimate the delay in filing. "Unforeseeable difficulties in reuniting all five directors of our company most of which were overseas during this past holiday period did extend our timeline for this most important filing." DaSilva continued, "I would like to confirm at this point in time that in fact all documents have been signed and that in order to speed up this much anticipated process a proper delegation of AQUAGOLD Directors will be proceeding to the United States this Tuesday 15th of January 2008 in order to be on location to file the official name change and CUSIP number application. Augmenting shareholder value is and has always been our first priority and I would like to take this opportunity to thank shareholders for their patience during this unexpected delay."
About OMNINET MEDIA.COM, INC.
OMNINET MEDIA.COM, INC. is a development stage corporation mandated by its shareholders to seek out business opportunities to acquire or merge with to create value for its shareholders.
For more information available to the public, contact the investor relations dept. at 949-666-5141.
About AQUAGOLD International, Inc.
"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 Billion in volume and current value terms. The estimates on AQUAGOLD's China contract alone exceed $500 Million in revenues.
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AQUAGOLD INTERNATIONAL, INC. (OTC: ONMC) Chairman & CEO Featured by EricDavid & Sons as "STRONG BUY!!"
Jan 28, 2008 12:10:00 PM
View Additional Profiles SANTA ANA, CA -- (MARKET WIRE) -- 01/28/08 -- OMNINET MEDIA.COM, INC. (PINKSHEETS: ONMC), soon to be AQUAGOLD International, Inc., today announces that its Chairman & CEO, Mr. Manuel Da Silva has was recently interviewed and subsequently recommended by EricDavid& Sons, a research firm dedicated to evaluating and incubating micro-cap corporations possessing significant growth potential.
Steven Weiss, CEO and SR Market Analyst of EricDavid & Sons, a Plainsboro, NJ-based Financial Public Relations Firm stated that 360 million Chinese are without safe drinking water. According to the China Minister of water Mr. Wang Shucheng, hundreds of thousands of Chinese are affected with various diseases from drinking water that contains too much fluorine, arsenic, sodium sulfate. Ground water under 44 cities in China is polluted. Weiss also stated that the China Department of Tourism also warns outside visitors not to drink the tap water. Even the most elegant hotels in China have to boil their water in order to kill algae and other pollutants.
"After conducting the interview with AQUAGOLD Water convinced me that the Company has a foothold into a Country that desperately needs a mass distribution of fresh clean & healthy water, and I have given the shares a 'STRONG BUY RATING' due to the huge demand for fresh drinking water in China along with the AQUAGOLD connection with the Chinese Government giving the Company excellent potential in becoming a multi million dollar in sales revenue and earnings in the short and long term," stated Weiss.
About AQUAGOLD International, Inc.
"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 Billion USD in volume and current value terms. The estimates on AQUAGOLD'S China contract alone exceed $500 Million in revenues, however how much in excess will follow in the near future resulting from ongoing marketing activities such as the upcoming trade show in Shanghai, China over the coming few weeks.
China and the rest of Asia but also through growing market share in each of these markets with a huge opportunity coming when the Chinese Capital City of Beijing will be hosting the 2008 Summer Olympic Games.
Forward-Looking Statements
This news release contains forward-looking statements made by OMNINET MEDIA.COM, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.
Company Contact: Manuel Da Silva AQUAGOLD International, Inc. 514-886-9079
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AQUAGOLD INTERNATIONAL INC (ONMC.PK) EricDavid & Sons Text Interview with Aqua Gold International INC CEO Manuel DaSilva
EDS: Mr. DaSilva I want to congratulate the Company on the reverse merger, when will we see a new ticker symbol?
Manuel DaSilva: Now that we have all the merger documents filed with the State of Florida, State of Nevada and the courts in Canada, we are clear to file for a new CUSIP Number, Name Change and Trading Symbol this week. My understanding is that this process, once filed takes about 2 weeks to reflect in the market.
EDS: Instead of asking too many questions here, can you please give us an update on whats been going on with the Company within the last 2 months since our last interview of Dec 3rd?
Manuel DaSilva: In the past few months we have been very active working in China on our marketing plan for the Chinese Market. Since we will be considered a "Premium Water", we want all out marketing materials and packaging to reflect this image and market positioning. Beyond this, we have been working equally close with our importers and distributors within China making sure they too understand our marketing position and organizing our distribution plans to also keep within our market positioning. China is a very large and important market. As in America, image on the marketing side and logistics on the distribution side are paramount in ensuring that our overwhelming initial demand is sustained in the long term and continuously met with equal and steady supply.
EDS. That is wonderful, how will the Company finance this very fast and huge growth in such a short period?
Manuel DaSilva: Well, great question. Initial financing is already in place to meet our initial marketing push, contracted orders and production requirements. Beyond this, we have a hefty marketing and profit margin built into our approved, per case, pricing model for the Chinese Market.
EDS: Has the share structure changed in any way and do you anticipate any dilution of stock?
Manuel DaSilva: The share structure has not changed over the past few months since we last spoke, nor do we anticipate any change in the future.
EDS: How will the Company meet these demands for China contracts?
Manuel DaSilva: AquaGold has enough production capacity under contract to handle any demand anticipated from the contracts we already have in hand from our Chinese Importers, Distributors and Partners.
EDS: Do you have a figure of how many shares are in the float that can be traded?
Manuel DaSilva: Roughly 225 million shares
EDS: Now that the merger is official, when do you expect to start announcing contracts?
Manuel DaSilva: We should be in a position to start announcing our contracts within the coming 2 weeks or so.
EDS: Are there any plans on distribution of your bottled water to the Olympics?
Manuel DaSilva: The short and easy answer is YES, but I regret that I am not able to elaborate on these ongoing developments at this time.
EDS: Is there anything else you would like to add that we didn't cover?
Manuel DaSilva: I would just like to take this opportunity to thank our valued shareholders for their patience and continued support. I will assure you and our shareholders that they will long not be disappointed with their investment in AquaGold.
EDS: Thank you so much Mr. DaSilva we want to wish you, the Company and your loyal shareholder the best for 2008 and beyond. We will check back with you in March to see how things are going.
Manuel DaSilva: Thanks very much Steven, we are very excited to have your prestigious Public Relations firm following our story and we look forward to doing the next interview with you at that time.
Interview conducted by Steven Weiss President and Founder of financial marketing and public investor relations company EricDavid & Sons, Inc. Where Mr. Weiss holds a position as Senior market analyst for discovery of micro cap and small cap stocks. Formally Mr. Weiss was director of corporate and international credit for New York City based Universal Media, Inc.
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They are a marketing firm. I would imagine ONMC paid them, and they are not impartial. Though I don't know that for sure, it seems pretty obvious from their website.
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quote:Originally posted by PCola77: They are a marketing firm. I would imagine ONMC paid them, and they are not impartial. Though I don't know that for sure, it seems pretty obvious from their website.
This publication and its content are provided for informational purposes only, and should not be considered to be investment advice. Neither this publication nor any of its content is intended to be an offer, the solicitation of an offer, or a recommendation to buy or sell any security described therein.
Although ONMC has approved the statements made in this report, all material herein was prepared by Eric, David and Sons, Inc. ("EDS") and is based upon information supplied by the Company. The information contained herein is not guaranteed by EDS or its sole shareholder Steven Weiss to be accurate, and should not be considered to be all-inclusive. All or some of the information and data contained in this publication is or may be considered paid advertising. In no event will EDS be held liable for any damages of any kind, (including, without limitation, direct, consequential, incidental, or special damages) as a result of this publication or any of its content. Neither EDS nor its sole shareholder Steven Weiss is registered or licensed as a broker/dealer or an investment advisor. The beliefs and opinions of EDS and/or Steven Weiss, which are stated in this publication are derived wholly or in part by ONMC.
Before investing, EDS strongly encourages readers to conduct their own research to verify all claims made, opinions stated and to obtain advice from licensed professional advisers, i.e. (accountants, financial planners, business advisors, et al.), and thereafter to make their own independent investment decisions.
EDS makes it a point to comply with all SEC Rules and Regulations regarding e-mail blasts of advertised companies and Stock promotions of Public Company Profiles, advertising said information over the internet. EDS is not the Investor Relations and or Public Relations contact for ONMC
EDS has received no compensation to promote and disseminate ONMC corporate Profiles, News, Press releases and text interview.
EDS owns 0 shares in ONMC
EDS may from time to time buy shares of ONMC in the open market and will disclose if and or when shares are bought.
posted
OKay, looks like I was wrong. Wally, was that link obvious somewhere? I looked for a specific disclaimer for ONMC but didn't find it. Just curious if it was hard to find or if I'm just retarded.
quote:Originally posted by wallymac:
quote:Originally posted by PCola77: They are a marketing firm. I would imagine ONMC paid them, and they are not impartial. Though I don't know that for sure, it seems pretty obvious from their website.
This publication and its content are provided for informational purposes only, and should not be considered to be investment advice. Neither this publication nor any of its content is intended to be an offer, the solicitation of an offer, or a recommendation to buy or sell any security described therein.
Although ONMC has approved the statements made in this report, all material herein was prepared by Eric, David and Sons, Inc. ("EDS") and is based upon information supplied by the Company. The information contained herein is not guaranteed by EDS or its sole shareholder Steven Weiss to be accurate, and should not be considered to be all-inclusive. All or some of the information and data contained in this publication is or may be considered paid advertising. In no event will EDS be held liable for any damages of any kind, (including, without limitation, direct, consequential, incidental, or special damages) as a result of this publication or any of its content. Neither EDS nor its sole shareholder Steven Weiss is registered or licensed as a broker/dealer or an investment advisor. The beliefs and opinions of EDS and/or Steven Weiss, which are stated in this publication are derived wholly or in part by ONMC.
Before investing, EDS strongly encourages readers to conduct their own research to verify all claims made, opinions stated and to obtain advice from licensed professional advisers, i.e. (accountants, financial planners, business advisors, et al.), and thereafter to make their own independent investment decisions.
EDS makes it a point to comply with all SEC Rules and Regulations regarding e-mail blasts of advertised companies and Stock promotions of Public Company Profiles, advertising said information over the internet. EDS is not the Investor Relations and or Public Relations contact for ONMC
EDS has received no compensation to promote and disseminate ONMC corporate Profiles, News, Press releases and text interview.
EDS owns 0 shares in ONMC
EDS may from time to time buy shares of ONMC in the open market and will disclose if and or when shares are bought.
AquaGold International, Inc. (OTC: ONMC) Engages EricDavid & Sons, Inc. to Initiate Aggressive Investor Awareness Program
Monday February 11, 7:00 am ET
LAS VEGAS, NV and MONTREAL--(MARKET WIRE)--Feb 11, 2008 -- OMNINET MEDIA.COM, INC. (Other OTC:ONMC.PK - News), soon to be AQUAGOLD International, Inc., today announces that it has engaged Plainsboro, NJ-based Financial Public & Investor Relations Specialists, EricDavid & Sons, Inc. to head and execute a comprehensive world-wide investor awareness program for expanding its shareholder base and increasing public awareness of the company. ADVERTISEMENT
EricDavid & Sons will initiate a program, which includes but not limited to developing and managing institutional exposure for under-followed, micro cap companies to enhance the visibility of AquaGold International within the financial communities along with improved shareholder communications.
"We have been following AquaGold International for the past 3 months and believe the company is poised for short and long term explosive growth as they pursue commercialization of China spring water contracts within the very short term," commented EricDavid & Sons CEO Steven Weiss. On February 8th and 9th, I had the opportunity to meet with the AquaGold International CEO, Mr. Manuel Da Silva and together have officially joined forces and have put together a strategic world wide Investor communications awareness plan. I am totally and unconditionally impressed with Mr. Da Silva, not only with his personal knowledge of the industry but also with his extensive contacts in China and for most of Asia. I envision Mr. Da Silva taking AquaGold International to unprecedented heights in both the short and long term. I am honored and humbled to be working together with Mr. Da Silva and his Aquagold International team of executives."
This is an opportune time to launch an aggressive investor awareness program," said AquaGold CEO Manual Da Silva. I have personally met with the EricDavid & Sons, Inc. CEO Mr Steven Weiss and I am very impressed with his talents, background and knowldge of the micro cap investor and financial public relations industry and have total confidence in his ability to get the word out to Wall Street. Mr. Weiss, through his EricDavid Newsletter, has already brought us many new shareholders during the past 3 months of coverage. I am excited and very pleased to announce the engagement of EricDavid & Sons, Inc. and to take advantage of their professional Financial Marketing with institutional and individual investors alike as AquaGold International turns the corner and moves forward with our new stock ticker and major announcements of which will now get world-wide coverage.
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AquaGold International, Inc. Announces That It Has Received Its New CUSIP Number Manuel Da Silva, CEO of AquaGold International, announces today the new CUSIP Number to be 03841Q 10 9. Currently the CUSIP number for Omninet Media.com, Inc. (PINKSHEETS: ONMC) is 68212N 10 0 but this will change to 03841Q 10 9 once NASDAQ Corporate Actions completes the name change to AquaGold International, Inc.
Though we had reported that this process was to take 10 days, in our latest conversation with NASDAQ Corporate Actions they reported to be slightly back logged and that they had all required paperwork but that the name change to AquaGold International, Inc. could take a week or so longer than originally anticipated.
Further, all State of Nevada filings have already been updated to reflect these changes.
About AQUAGOLD International, Inc.
"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 Billion USD in volume and current value terms. The estimates on AQUAGOLD'S China contract alone exceed $500 Million in revenues, however how much in excess will follow in the near future resulting from ongoing marketing activities such as the upcoming trade show in Shanghai, China over the coming few weeks.
China and the rest of Asia but also through growing market share in each of these markets with a huge opportunity coming when the Chinese Capital City of Beijing will be hosting the 2008 Summer Olympic Games.
About EricDavid & Sons, Inc.
Specializing in investor relations, EricDavid & Sons, Inc. is a financial management, marketing and consulting firm that retains as clients only those who are perceived to offer unusual products or services with the potential to command a dominant position in their respective industry/marketplace and publicize companies with unique products services offerings whose stock is undervalued in relation to their long-term earnings potential.
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posted
Here is a China news story about pollution. Looks like they will still need bottled water.
China Says Pollution Goals Low As Unveils Ministry
BEIJING - China vowed to slash pollution and then announced a new environment ministry to pursue the task, but admitted that even if it meets emissions targets the nation's air and water will still be worryingly dirty.
Unfettered growth over the past three decades has crippled China's already fragile ecosystems, and the resulting problems have sparked social unrest and are crimping the economy.
Worried, the government has unleashed measures ranging from political shaming to banning environmental offenders from listing on the stock market, hoping to jolt the mindset of officials long taught to value GDP over greenery.
But many have proved resistant.
"Some of the policies put forward by the central government, when they are implemented at the local level, in some places they are not completed or in place," Zhang Lijun, deputy chief of the State Environmental Protection Agency (SEPA), told reporters on Tuesday.
Beijing also announced later in the day an upgrade of the environment agency SEPA to ministry status, although experts say the body would need wider powers and a bigger budget to have more impact than its old incarnation.
And Zhang said that even the targets it is trying to enforce -- a 10 percent cut in some key pollutants between 2005 and 2010 and a boost to energy efficiency -- were not enough to clean up China.
"Even if by 2010 we achieve our goals, the amount of sulphur dioxide and (water pollution) emitted will still be far more than the environment can absorb," he told a news conference on the sidelines of China's parliament, the National People's Congress.
"At the same time, there are other pollutants like ammonia in our water ... that are starting to be very obvious."
Last year over a quarter of the water in major river systems that SEPA monitors did not even reach Grade V, a standard already so polluted that it is unfit for human contact, according to a report handed out at the news conference.
Three quarters of the country's lakes suffered eutrophication, an increase in nutrients often caused by fertilisers that can lead to devastating algae blooms. On dry ground most natural grassland was degrading, the report said.
Environmental problems have even started to threaten China's international reputation, clouding preparations for the 2008 Olympic Games which it hosts in August.
This week marathon record holder Haile Gebrselassie, who is asthmatic, said he would not compete in the race because of fears about pollution, the latest in a long line of athletes and officials who have expressed concerns about air conditions.
Zhang said he had full confidence anti-pollution plans drawn up for the Olympics would ensure Beijing met its promises on air quality.
ENERGY WAVERING
The government's headline environment target -- which also aims to assuage worries about energy security -- is a 20 percent cut in energy intensity, or the amount of fuel used to generate each yuan of national income.
That goal, which Beijing also touts as proof it is serious about tackling climate change, is proving a challenge and after a slow start China will now need to notch up a 5 percent annual reduction through 2010 to meet it, another senior official said.
The government is stepping up modest incentives for greener habits, including an extra tariff for power plants that strip sulphur dioxide from emissions, and administrative threats like revoking honorary titles or crushing career prospects.
Zhang touted two provincial governors who had offered to resign if they did not meet efficiency goals, and described a planned electronic monitoring system that would feed pollution data from factories straight to the ministry.
But as the government fights inflation near a 12-year high, it has backed away from the one tool analysts say would rapidly trim growth in demand for polluting energy from gasoline to power -- increases in low, state-set prices.
posted
Here is a great synopsis of the meeting today for ONMC/Aquagold from IHUB poster.
Posted by: jmarcg In reply to: None Date:3/14/2008 2:33:46 AM Post #of 50601
Notes from today's investor meeting...
Hello IHUB board, I am Jeff- the third person ranger referred to at today’s meeting. I have been reading over this board everyday for the past 4 months (48000 + posts to be exact) and I want to thank doog, Sid and many others for preparing me thoroughly for this meeting. All your time, effort and info was much needed for the numerous questions I asked. Here are the "facts" thoughts, and opinions of what transpired today.
The meeting lasted from 1-3 with Manuel, Steve and 9 investors. 2 of the investors were a couple that has put up much of the financing for Aquagold and their current operation.
Here is the straightforward answer of what Aquagold is... Aquagold is PREMIUM SPRING WATER. Period. If any of you have visions of aquagold in the hands of starving families around China- forget about it. Aquagolds "initial" market is the tourism, travel, and upper-middle class segment of China. Aquagold will be distributed to hotels, restaurants, and stores located in major business centers and 5 star restaurants. It is not- I repeat not going to remote villages as a lifesaver for the poor. This is a business! So all of you worried about profit margin, here goes...and I quote Manuel...
"Aquagold currently has facilities that can produce approximately 40 million cases of water PER YEAR."
"Aquagold is currently working with "at least 3" bottling plants which include Iroquois."
"There will be 24 BOTTLES PER CASE of Aquagold."
"A half-liter of water retail for approximately $8 US in a restaurant in China." (THIS IS NOT THEIR PRICE)
"Aquagold will be manufacturing 3 sizes of water: 350 ml (for bars, restaurants, and hotels) 500ml, and 1L bottles..."
Now for some cool stuff:
The bottles and pictures you have seen for Aquagold- Forget about them. They have revised and changed the entire look of their product- and per Manuel's words- "Everything- every word and logo and symbol has been approved by China" (He stressed many times how important this was to the process- getting approval in China for anything is not easy- but they have the network and have been plugging away and getting things done.")
He was cautious but showed us glimpses of specs. It looks good- IMO- Very clean and sleek. They are playing up the number 8 and putting a gold leaf on the top of the bottle. I could best compare the look to the look of Pellegrino. And since they are PREMIUM SPRING WATER, the look is very important. They are in the process of getting molds made for the new bottle and upon approval and cost, will begin manufacturing immediately.
So what about all the water they have already been shipping and dealing with there... Here’s the story. A lot of the water has been donated and a good will gesture by the company. This was appreciated so much by the Chinese, that an award was given to them by the Chinese government- Manuel mentioned that the award will be posted upon the new site updates- this good will has built more relationships. They also have water that is ready to go for the immediate launch and have no problem selling that water as soon as everything else falls into place.
Aquagold is the ONLY spring water being imported into China. How do we know this? Because China had to create a new tax bracket for spring water because it was not on the list when China tried to figure out how much in taxes they would be charging. Manuel stated that their tax rate was to be roughly the same as Evian’s WAS...
Thats because Evian is gone! And who knows if they are coming back. Because you all know about the issues with the water not being consistent. Manuel stressed often the importance in the consistency of Aquagold's water and that this was not something to be compromised and here's where we go from there...
As I stated...The current and best state of the art bottling plants can produce 20 million cases a year. MAX!
Aquagold is stating that they can produce 40 million cases a year based on 3 or more plants.
So a company such as Danone who has 6 major plants- how can they produce enough water to cover the world??? The answer is- water is coming from other plants- and that water is not consistent. Hence the trouble that happened in China.
So where does Aquagold go from here- this is a great thing but chill on it CAUSE IT AINT HAPPENING TOMORROW! Aquagold is seriously considering a second level of water to be produced under a different name with different requirements. Water is still clean- but not the premium spring water. This will allow Aquagold to work with more plants in the future. But for now- its a one product operation.
"Avian is not my competition."- Manuel
Manuel is not competing with other water companies- and I believe him when he says there is enough room for everyone. The market is huge. Manuel presented himself like a man very committed to the company and said he loved what he does. I too am a CEO and he carried himself very well. Yes he threw out compliments and told lots of stories and anecdotes, but his passion was there and my bull**** meter is off the charts and he passed. I was confident he was going to keep chopping away at more contracts and would constantly be back and forth to China. His mission isn't ending at the symbol change.
Now for the contracts- we are waiting on this stupid ass symbol- Plain and simple. The day this company reads AQGD or AQGL or whatever on etrade or scottrade is the day the pr blitz starts. PERIOD. PERIOD. PERIOD. They are ready. I asked him 3 times! None of this two weeks after the symbol crap. Its coming out- and I'm going to hold him to that! Here is another thing, and listen carefully everyone...
He raised his hand and swore to us NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION! NO DILUTION!
There are no worries on his end of finding the necessary parties to handle the float and I'm pretty sure they have that in place pending crossed t's and I's.
Did we see contracts? Yeah they were waived from a distance but obviously we can’t see any of it or read it because if we did then we are prohibited from trading for 90 days. But there are contracts. How many? "Not enough" he stated?
$500 million? Here's the best I got out of it. Is there one contract worth $500 million? My guess is no... HOWEVER, if you take all the contracts they have, do they add up to over $500 million??? YES THEY DO? How much more- no idea- but he said we will be happy. Right now, that is a good enough answer for me. No point in speculating on that- we will know soon enough. And yes...the contract length is over 8 years (8 is lucky..blah blah blah -2008, 8 years, infinity and so forth)
What is our price point? At the very least $1. $1 is a magic number because it is a prerequisite for the OTCQB. Do they want to be on the Nasdaq? Maybe one day but not right now. Why is that?
Per Steven...The NASDAQ is getting crushed on a daily basis and there is a minimum requirement of $1 to maintain your stance on the NASDAQ. Everyday 11 new companies enter and a couple hundred leave. He doesn’t feel that it benefits aquagold in any way to be lumped into the stock mess at this time. These stock expulsions also tie up the NASDAQ system causing some of the delays we have encountered recently.
But $1 is the SHORT TERM goal. Manuel expects nothing less- but obviously hopes for much more.
What is the profit margin on a case? That will be in the details.
When doe we get financials? They are hiring a CPA firm at this time.
It costs approx $1 per/case to ship.
What are the regions that will have Aquagold:
Manuel states there will be 4 to 5 hot spots in China right away with Shanghai and Beijing leading the way.
They are also very interested in Hong Kong, Japan, and Macau.
As far as the Olympics:
THERE ARE NO OLYMPIC CONTRACTS!!! Aquagold's presence will be seen around the Olympics in stores, shops and restaurants. There is no corporate sponsorship of the Olympics (that is something that would have had to been negotiated 4+ years ago). However, he did mention them providing water to some Canadian Olympic teams. AQUAGOLD HAS ABSOLUTELY NOTHING TO DO WITH THE AQUATIC CENTER OR THE CUBE.
Routing the $$$:
Aquagold is in the process of creating a company called Aquagold China. This is solely for the purpose of collecting funds from Chinese contracts. It is completely connected to the Aquagold international family and is necessary for the assurance and convenience of receiving funds.
So in the end, I have to say that Manuel handled everyone’s questions and was very comfortable doing so. I saw absolutely no red flags or any reason to be skeptical of his words. Yes he is a salesman like any good CEO would be and if he didn’t have confidence in his product I would be far more concerned with that. Additionally, the foundation and network for Aquagold seems tight. And they are being very smart IMO by not releasing one word of contract info until every single paper has been stamped for Aquagold.
He did apologize to the group and fully admitted that the delay last month was HIS FAULT for having the paper work marked aquagold USA instead of Aquagold international. LET THAT BE OUR BIGGEST PROBLEM THROUGH THIS WHOLE COURSE.
That’s about it...It's all about the contracts now and they will be coming. Hope this helps everyone in whatever direction he or she were leaning. Thanks again to everyone on the board for their hard work.
posted
Pink Sheets has also been updated. here is the updated share structure
* Estimated Market Cap 46,518,813 as of Mar 12, 2008 * Outstanding Shares 704,830,503 as of Mar 10, 2008 * Authorized Shares 1,000,000,000 as of Mar 10, 2008 * Number of Share Holders of Record 445 as of Oct 23, 2007 * Float 204,830,503 as of Mar 10, 2008
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