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This thing is all up for the last 10 days, except for yesterday's attack by the MM's, I wonder what they got cooking?
If they get some over here on the west coast I'd like to give it a try, I wonder how specialty water taste. I have a throat problem stemming from acid reflux and even regular bottled water is rough on my throat. Maybe the added minerals will make it go down smoother.
-------------------- Hi-ho Momo, awayyyy... Posts: 871 | From: So. Cal | Registered: May 2006
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posted
About like buying iced tea at a restaurant - takes about .02 per glass to make, and they sell it for 2.00. Biggest money maker they have (I used to work in a corp. office for a major restaurant chain)....
Thanks for the tip!
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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quote:Originally posted by a surfer: Profitability on this type of spring water is astounding!!!
This does not have to be run through ANY type of filtration system!
It comes directly from the earth at 59 degrees and is ready for bottling.
The water quality is flawless!!
The spring produces 300 million gallons of water annually!! Do the math, even if they only made .10 per gallon net profit that would be $30 million a year. The O/S is 9 million and the Float is about 3.5 million, but 58% of which are held by insiders. Extremely undervalued even at $2...IMO. The company has recently changed their status from a start-up company to full production...GLTA
posted
Duncan, I can't speak for everyone, but I have made a good bit of money off of many of "surfer"s picks. Not every one is a winner, but then who IS perfect here?
He may post stocks that are different from what you choose to trade, but I, for one, think you are way off-base claiming him to be a pumper and to tell people to block him. Anything posted is a suggestion, and if someone is too gullible not to do their own DD, then they NEED to buy a lesson IMHO.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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There are 3.78 liters = 1 U.S gallon. Seawright Springs produces 300 million gallons of water annually. That is 1.134 billion liters a year. SWRI sells there product in 1 liter and .5 liter bottles. If they made $.05 per liter of net profits, that would be the equivalent of $56.7 million dollars anually. What is the main factor to insure this company utilizes it's resources?
quote:Originally posted by SherriT: Duncan, I can't speak for everyone, but I have made a good bit of money off of many of "surfer"s picks. Not every one is a winner, but then who IS perfect here?
He may post stocks that are different from what you choose to trade, but I, for one, think you are way off-base claiming him to be a pumper and to tell people to block him. Anything posted is a suggestion, and if someone is too gullible not to do their own DD, then they NEED to buy a lesson IMHO.
LOL Looks like my buddy Duncan was up to his old tricks again... LOL
Too bad I didn't get to see the post, they make me giggle inside.
Still waiting for his pick the last 2 months.
Have yet to see it. Sorta sad in a way.
Am I really a pumper??? LOL
oh by the way...... BUY THE CRAP OUT OF IT!!!!
Posts: 6410 | Registered: Jul 2006
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Seawright Holdings, Inc. Applies to Distribute in All 50 States Monday April 2, 8:30 am ET Result of Application Process Will Allow Seawright Springs Premium Natural Spring Water to Be Enjoyed by Consumers in All U.S. States and the District of Columbia
STAUNTON, Va.--(BUSINESS WIRE)--Seawright Holdings, Inc. (OTC BB:SWRI - News), owner of Seawright Springs, one of the most prolific natural springs on the Eastern Seaboard, today announced that is has begun the 50-state compliance process whereby the company meets licensing requirements that will allow it to distribute its Seawright Springs Premium Natural Spring Water product in all 50 states and the District of Columbia. ADVERTISEMENT
"Seawright Springs is proud to be taking the first step in offering our product to every state in the nation. We are making sure that distributors and retail chains have no barriers to carrying our product anywhere in the United States." said Joel Sens, President and CEO of Seawright Holdings, Inc. "This compliance process is a major step in making Seawright Springs a truly national, household name for bottled spring water. Consumers across the entire country will soon be able to enjoy the special qualities of Seawright Springs Premium Natural Spring Water."
Every state in the union has somewhat different procedures in authorizing the distribution and consumption of bottled water in their jurisdictions. The term "50 state compliance" is the phrase commonly used in the bottling industry to describe the varied licensing requirements of each of the individual 50 states, which include a variety of standards such as source testing, licensing and a courtesy of notification to distribute. Meeting 50-state compliance is relatively rare for a regional brand in the bottled water industry. When companies do seek national distribution, the requirements are most often managed as one effort.
About Seawright Holdings, Inc.:
Seawright Holdings, Inc. (OTC BB:SWRI - News) owns Seawright Springs, the producer of one of America's purest, freshest and high-mineral content drinking waters. Seawright Springs is located in beautiful Augusta County, Virginia on 145 acres of protected woodlands. The spring produces in excess of 1 million gallons of water a day and is one of the largest sources of fresh natural spring water on the Eastern Seaboard. In 2003, Joel Sens formed Seawright Holdings, Inc. and purchased Seawright Springs to begin producing high quality bottled water under the Seawright Springs brand.
Statements in this news release other than statements of historical fact are "forward-looking statements" that are based on current expectations and assumptions. These expectations and assumptions are subject to risks and uncertainty, which could affect Seawright Holdings' future plans. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the statements, including, but not limited to, the following: the ability of Seawright Springs to provide for its obligations, to provide working capital needs from operating revenues, to obtain additional financing needed for any future acquisitions, to meet competitive challenges and technological changes, and other risks detailed in Seawright Holdings' periodic report filings with the Securities and Exchange Commission. Seawright Holdings undertakes no duty to update any forward-looking statement to conform the statement to actual results or changes in Seawright Holdings' expectations.
Contact: For Seawright Holdings, Inc. Jake Stafford, 202-204-2177 jakestafford*360jmg.com
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For the sake of being cordial and discussing the stock, Duncan, may I ask you not to post here if you don't have hard facts about the stock in question? You and Surfer seem to have some kind of conflict that should be handled elsewhere IMHO.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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Yep - as I posted earlier....notice they didn't say WHEN they began the application process, only that they had. Granted, they probably would have PRd something like that in the past, but kind of makes me wonder....this could be really huge, particularly if the process is not long.
-------------------- Study before you buy, Sell before you think about it.... Posts: 3903 | From: Gulf Coast | Registered: Jun 2006
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