Former CEO Ricky Wright Returns to Lead The Alkaline Water Company
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.
La Alkaline Water Company (OTC: WTER) ha annunciato il ritorno di Ricky Wright, suo co-fondatore e ex Presidente e CEO, che si era ritirato nel 2022, per guidare la prossima fase di crescita dell'azienda. L'annuncio coincide con i preparativi dell'azienda per presentare il modulo 15c211 a FINRA, con l'obiettivo di diventare idonea per quotazioni di broker-dealer proprietary e per il market making continuo.
Sotto la precedente leadership di Wright, Alkaline88® è diventata la più grande azienda indipendente di acqua alcalina nel paese, espandendosi in oltre 75.000 negozi negli Stati Uniti. Il prodotto dell'azienda è conosciuto per la sua acqua purificata arricchita con sale dell'Himalaya.
La Alkaline Water Company (OTC: WTER) anunció el regreso de Ricky Wright, cofundador y ex Presidente y CEO que se retiró en 2022, para liderar la próxima fase de crecimiento de la empresa. El anuncio coincide con la preparación de la empresa para presentar el Formulario 15c211 ante FINRA, con el objetivo de convertirse en elegible para cotizaciones de broker-dealer propietario y para la creación de mercado continua.
Bajo el liderazgo anterior de Wright, Alkaline88® se convirtió en la compañía independiente de agua alcalina más grande del país, expandiéndose a más de 75,000 tiendas en los Estados Unidos. El producto de la empresa es conocido por su agua purificada mejorada con sal del Himalaya.
알칼라인 워터 컴퍼니(OTC: WTER)는 2022년에 은퇴한 공동 창립자이자 전 사장 및 CEO인 리키 라이트의 복귀를 발표했습니다. 그는 회사의 다음 성장 단계의 리더로서 돌아왔습니다. 이 발표는 FINRA에 Form 15c211을 제출하기 위한 회사의 준비와 일치하며, 이는 독점 브로커-딜러 인용 및 지속적인 시장 조성을 위한 자격을 갖추기 위함입니다.
라이트의 이전 리더십 아래에서, Alkaline88®는 미국에서 가장 큰 독립 알칼리수 회사가 되었으며, 75,000개 이상의 매장으로 확장되었습니다. 이 회사의 제품은 히말라야 암염이 첨가된 정제수로 잘 알려져 있습니다.
La Alkaline Water Company (OTC: WTER) a annoncé le retour de Ricky Wright, son cofondateur et ancien président-directeur général qui a pris sa retraite en 2022, pour diriger la prochaine phase de croissance de l'entreprise. Cette annonce coïncide avec les préparatifs de l'entreprise pour déposer le formulaire 15c211 auprès de la FINRA, visant à devenir éligible aux cotations de courtier-négociant propriétaires et à la création de marché continue.
Sous la direction précédente de Wright, Alkaline88® est devenue la plus grande entreprise indépendante d'eau alcaline dans le pays, s'étendant à plus de 75 000 magasins à travers les États-Unis. Le produit de l'entreprise est connu pour son eau purifiée enrichie de sel de l'Himalaya.
Die Alkaline Water Company (OTC: WTER) gab die Rückkehr von Ricky Wright bekannt, ihrem Mitbegründer und ehemaligen Präsidenten sowie CEO, der sich 2022 zurückgezogen hatte, um die nächste Wachstumsphase des Unternehmens zu leiten. Die Ankündigung fällt mit den Vorbereitungen des Unternehmens zusammen, das Formular 15c211 bei FINRA einzureichen, um sich für proprietäre Broker-Dealer-Zitationen und kontinuierliches Market Making zu qualifizieren.
Unter Wrights vorheriger Führung wurde Alkaline88® zum größten unabhängigen Unternehmen für alkalisches Wasser im Land und erweiterte sich auf über 75.000 Geschäfte in den Vereinigten Staaten. Das Produkt des Unternehmens ist bekannt für sein gereinigtes Wasser, das mit Himalaya-Salz angereichert ist.
- Previous track record of expanding to 75,000 stores nationwide under Wright's leadership
- Strategic move to file Form 15c211 with FINRA to enhance market making capabilities
- Company holds position as largest independent alkaline water company in the country
- Company currently trading on OTC markets, indicating delisting from major exchanges
- Need for 'resurrection' suggests current business challenges
"When I stepped away in 2022, we had accomplished half of our original dream – establishing alkaline water as a recognized and respected beverage category that consumers understand and appreciate," says Wright. "However, the second half of that vision, building The Alkaline Water Company into the dominant force in the alkaline water space, remained unfulfilled. Coming back to what I affectionately call 'my baby' feels like coming home, and the timing couldn't be better."
Wright's return coincides with the company's preparations to file its Form 15c211 application with FINRA, a crucial step toward becoming eligible for proprietary broker-dealer quotations and continuous market making. This move represents part of a larger strategy to enhance the company's market position and accessibility to investors.
"The country's increasing focus on healthier living and wellness habits creates the perfect environment for the next chapter of our story," Wright continues. "I never thought I'd have this opportunity again, but I'm incredibly excited to help resurrect this once-great company and bring the country's best-tasting alkaline waters back to consumers nationwide."
Under Wright's previous leadership, Alkaline88® became the largest independent alkaline water company in the country, known for its smooth taste and simple, trusted ingredients – purified water enhanced with Himalayan rock salt. The brand expanded its presence to over 75,000 stores across all trades in
"Our mission remains clear – to provide consumers with clean, pure drinking water that not only tastes great but contributes to their overall wellness journey," adds Wright.
Disclaimer Regarding Forward Looking Statements
Certain statements that we make may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements include information concerning future strategic objectives, business prospects, anticipated savings, financial results (including expenses, earnings, liquidity, cash flow and capital expenditures), industry or market conditions, demand for and pricing of our products, acquisitions and divestitures, anticipated results of litigation and regulatory developments or general economic conditions. In addition, words such as "believes," "expects," "anticipates," "intends," "plans," "estimates," "projects," "forecasts," and future or conditional verbs such as "will," "may," "could," "should," and "would," as well as any other statement that necessarily depends on future events, are intended to identify forward-looking statements. Forward-looking statements are not guarantees, and they involve risks, uncertainties, and assumptions. Although we make such statements based on assumptions that we believe to be reasonable, there can be no assurance that actual results will not differ materially from those expressed in the forward-looking statements. We caution investors not to rely unduly on any forward-looking statements.
About The Alkaline Water Company, Inc.
The Alkaline Water Company, Inc., are the developers of Alkaline - a purified alkaline water, enhanced with Himalayan rock salt and engineered for a smooth and delicious taste.
View original content:https://www.prnewswire.com/news-releases/former-ceo-ricky-wright-returns-to-lead-the-alkaline-water-company-302319305.html
SOURCE The Alkaline Water Company, Inc.
FAQ
Why did Ricky Wright return to The Alkaline Water Company (WTER)?
What regulatory filing is The Alkaline Water Company (WTER) preparing in 2024?
How many stores did Alkaline88 expand to under Wright's previous leadership?
