Welcome to our dedicated page for The Alkaline Water news (Ticker: WTER), a resource for investors and traders seeking the latest updates and insights on The Alkaline Water stock.
The Alkaline Water Company Inc. (symbol: WTER) is a leading producer, distributor, and marketer of bottled alkaline water in the United States. Founded in 2012 and headquartered in Scottsdale, Arizona, the company has established itself as a prominent player in the beverage industry. The company's flagship product is bottled alkaline water, which is sold under the brand name Alkaline88. This product is available in various volumes and is known for its premium quality and health benefits.
In addition to plain alkaline water, the company also offers a range of flavored bottled alkaline water options. These flavors include raspberry, watermelon, lemon, lemon lime, peach mango, blood orange, and cucumber mint. This diversification in product offerings allows The Alkaline Water Company to cater to a wide range of consumer tastes and preferences.
Besides its core water products, the company has ventured into the wellness market with its A88CBD brand. Under this brand, The Alkaline Water Company sells hemp-derived CBD topical and ingestible products. These products are designed to provide wellness benefits and are available through various retail channels.
The Alkaline Water Company employs a robust distribution strategy, selling its products through brokers and distributors to a variety of retail outlets. These outlets include convenience stores, natural food products stores, large ethnic markets, and national retailers. The company also leverages e-commerce platforms to reach a broader audience.
Over the years, The Alkaline Water Company has achieved significant milestones. It continues to innovate and expand its product line, keeping up with consumer demand for healthier beverage options. The company's focus on quality and customer satisfaction has earned it a loyal customer base.
Overall, The Alkaline Water Company Inc. stands out for its commitment to providing high-quality, health-focused beverage products. Its diverse product range, strategic distribution channels, and continuous innovation make it a significant player in the industry.
The Alkaline Water Company (OTC: WTER) has filed an application for uplisting to the OTCQB market tier. This strategic move aims to enhance market maker participation through the IDQS system with no 30-day waiting period, potentially improving trading efficiency and shareholder liquidity.
The company has achieved several key operational milestones, including: signing an LOI for equipment acquisition for their first company-owned production facility, projecting up to $2 million in annual cost savings; securing $1.5 million in essential inventory through restricted shares, improving projected cash position by $1.2 million through June; and strengthening corporate governance with two new independent directors.
The Alkaline Water Company (OTC: WTER) has announced signing a Letter of Intent with FZA Note Buyers for a strategic equipment acquisition. The proposed transaction involves issuing 34 million shares of restricted common stock subject to a 12-month lock-up period, ensuring no immediate impact on the company's public float or trading dynamics.
The company projects cost savings and operational improvements of up to $2 million during the first year of operations through vertical integration and improved efficiencies. Following facility lease securing and due diligence completion, WTER plans a 30-day implementation timeline for equipment integration into its production infrastructure.
This acquisition would complement WTER's recent inventory agreement and aims to enhance production capabilities while preserving cash position. The company emphasizes that the restricted shares won't affect current market trading conditions during the lock-up period.
The Alkaline Water Company (OTC: WTER) has announced its partnership with SmallCapVoice.com Inc. (SCV), an Austin-based investor relations and communications firm specializing in emerging growth companies. The collaboration aims to create various initiatives to increase corporate exposure to new investors, current shareholders, and customers.
Stuart Smith, CEO of SmallCapVoice.com, highlighted the company's progress toward an OTCQB listing and their strategic bulk inventory purchase through creative financing. Ricky Wright, CEO of The Alkaline Water Company, expressed enthusiasm about expanding their investor relations efforts through this partnership.
The Alkaline Water Company (OTC: WTER) has announced a strategic $1.5 million inventory agreement with Prima Verde , structured through the issuance of 94,300,000 restricted common shares with a 12-month lock-up period. This share-based transaction is designed to preserve cash while securing essential inventory for growth.
The company projects several financial benefits from this agreement, including: a $1.2 million improvement in cash position over six months, acceleration of positive monthly cash flows by approximately two months, and a reduction in initial cash burn by nearly $500,000 in the first month. The company expects substantial inventory turnover within 60 days through planned distribution partnerships.
The structure ensures no impact on the company's current public float or near-term trading dynamics. WTER plans to announce new agreements with retailers, brokers, distributors, and co-packers in the coming weeks to facilitate distribution and sales of the acquired inventory.
The Alkaline Water Company (OTC: WTER) has announced the completion of its 2024 PCAOB audit, fulfilling a key requirement for its planned OTCQB uplisting application. The company plans to submit its comprehensive application package to OTC Markets in early February 2025, including the Form 15c2-11 filing.
CEO Ricky Wright highlighted this audit completion as a significant milestone in the company's strategic roadmap. The company is implementing enhanced corporate governance measures and structural improvements required for the upgraded listing tier, along with recent board appointments, as part of its strategy to regain its position as the nation's leading independent alkaline water company.
OTC Markets will facilitate the Form 15c2-11 process with FINRA on behalf of the company. The company commits to keeping shareholders informed of material developments regarding the OTCQB application process.
The Alkaline Water Company (OTC: WTER) has announced the appointment of Ronald M. Miller and John F. Arminio as independent directors to its Board of Directors as part of its OTCQB uplisting initiative. The Company plans to finalize its OTCQB application with OTC Markets in early February.
Miller, President and Director of Discount Print USA, brings over forty years of experience in the printing and publishing industry. Arminio, former President of Hudson International, holds an MS in Real Estate Investment/Development from NYU and a BS in Finance from Fordham University.
CEO Ricky Wright stated these appointments are important steps in rebuilding the company's presence across trade channels and becoming a dominant force in the alkaline water space.
The Alkaline Water Company (OTC: WTER) has announced the implementation of Level 2 Quote Services through OTC Markets as part of its strategic market enhancement plan. This upgrade provides shareholders with real-time, two-sided complete quotes and orderbook data through the company's OTC Markets landing page.
The company is also preparing a comprehensive application package for uplisting to the OTCQB, including Form 15c211 and other required documentation, which is expected to be submitted by early February 2025. These initiatives are part of the company's broader strategy to enhance market transparency and shareholder communication.
The Alkaline Water Company (OTC: WTER) announced its strategic initiatives through an open letter from returning CEO Ricky Wright. The company plans to capitalize on two growth opportunities in the alkaline water market: pH-enhanced purified water and naturally alkaline spring waters. The strategy focuses on three main areas: developing a nationwide co-packing network, enhancing market position through Form 211 filing with FINRA, and rebuilding distribution networks.
Under Wright's previous leadership (2012-2022), WTER expanded to over 75,000 stores nationwide, becoming the largest independent enhanced water company in the country. The company aims to leverage existing relationships with suppliers, brokers, and distributors to rebuild its market presence across all trade channels.
The Alkaline Water Company (OTC: WTER) announced the return of Ricky Wright, its co-founder and former President and CEO who retired in 2022, to lead the company's next growth phase. The announcement coincides with the company's preparations to file Form 15c211 with FINRA, aiming to become eligible for proprietary broker-dealer quotations and continuous market making.
Under Wright's previous leadership, Alkaline88® became the largest independent alkaline water company in the country, expanding to over 75,000 stores across the United States. The company's product is known for its purified water enhanced with Himalayan rock salt.
The Alkaline Water Company (OTC: WTER) announces its plan to file Form 211 application with FINRA through a market maker under SEC Rule 15c211. This move aims to enable proprietary broker-dealer quotations and continuous market making, addressing current limitations of unsolicited quotes in Pink Sheet Current status. The company intends to uplist to OTCQB after completing the Form 211 filing, which would provide greater financial transparency and trading standards compared to Pink Sheets. This transition is expected to improve market liquidity and increase trading volume opportunities for investors.
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