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The Alkaline Water Company Retains SmallCapVoice.com Inc. to Provide Investor Relations Services
Globenewswire· 2025-02-11 13:30
Core Insights - The Alkaline Water Company, Inc. has engaged SmallCapVoice.com Inc. to enhance its investor relations and communication strategies aimed at increasing corporate visibility among investors and stakeholders [1][2] Company Overview - The Alkaline Water Company, Inc. is known for its product Alkaline88, which is a purified alkaline water enhanced with Himalayan rock salt, designed for a smooth taste [3] - The company aims to lead the beverage industry through its experienced management team and innovative financing strategies [3] Partnership with SmallCapVoice.com - SmallCapVoice.com is an investor relations firm that specializes in helping emerging growth companies build a following among retail and institutional investors [4] - The partnership is expected to showcase the company's achievements and keep existing shareholders informed about developments [2][4]
The Alkaline Water Company Announces Strategic $1.5 Million Inventory Agreement
Globenewswire· 2025-02-06 13:30
Core Viewpoint - The Alkaline Water Company has announced a strategic bulk purchase of inventory valued at over $1.5 million, to be fulfilled through the issuance of 94.3 million shares of common stock, which will be subject to a 12-month lock-up period [1][2]. Group 1: Strategic Transaction - The share issuance will not impact the company's current public float or near-term trading dynamics, allowing the company to preserve cash while securing essential inventory for growth [2]. - The transaction is expected to lead to substantial inventory turnover within the first 60 days through planned distribution partnerships [2]. - The CEO stated that this agreement significantly improves the company's cash flow trajectory and reduces its negative cash position by approximately $1.2 million through June [2][8]. Group 2: Financial Projections - The company anticipates an acceleration of positive monthly cash flows by approximately two months as a result of this transaction [8]. - An expected reduction in initial cash burn is projected to be nearly $500,000 in the first month of implementation [8]. - The strategic inventory position will be leveraged through forthcoming agreements with retailers, brokers, distributors, and co-packers, which will be announced in the coming weeks [2].
The Alkaline Water Company Completes 2024 PCAOB Audit, Meeting Final OTCQB Uplisting Requirement
Globenewswire· 2025-02-04 13:30
Core Viewpoint - The Alkaline Water Company has completed its audited financial statements for the year ended December 31, 2024, which is a significant step towards its planned uplisting to the OTCQB market [1][2][3] Group 1: Financial and Audit Milestones - The completion of the PCAOB audit is a crucial milestone that allows the company to proceed with its OTCQB uplisting application [2][3] - The company plans to submit its application package to OTC Markets in early February 2025, including the Form 15c2-11 filing [2][3] Group 2: Corporate Strategy and Governance - The CEO emphasized that the audit completion aligns with the company's strategic roadmap and broader corporate initiatives to rebuild market presence [3] - The company is implementing enhanced corporate governance measures and structural improvements in preparation for the upgraded listing tier [3] Group 3: Future Outlook - The company aims to become the leading independent alkaline water company in the nation, as indicated by recent board appointments and strategic commitments [3]
The Alkaline Water Company CEO Issues Open Letter to Shareholders on Progress Within Two Distinct Growth Opportunities
GlobeNewswire News Room· 2024-12-11 13:00
Core Insights - The Alkaline Water Company is focusing on advancing its business model and plans for future growth in the alkaline water market, which is valued in the billions [1][2] Industry Overview - The alkaline water market consists of two main segments: pH-enhanced purified water and naturally alkaline spring waters, both of which are experiencing strong consumer demand and are highly fragmented, presenting opportunities for consolidation and growth [2] Strategic Initiatives - **Co-Packing Network Development**: The company is initiating discussions with strategic co-packing partners across the nation to enhance bottling capabilities for various package formats [3] - **Market Position Enhancement**: The company plans to file a Form 211 application with FINRA to establish eligibility for proprietary broker-dealer quotations, which will aid in executing strategic acquisitions [4] - **Distribution Network Rebuilding**: The company is reconnecting with its established network of suppliers, brokers, and distributors to rebuild its market presence across all trade channels [5] Historical Context - Under previous leadership, the company expanded to over 75,000 stores nationwide, becoming the largest independent enhanced water company in the U.S. This experience provides valuable insights for the next growth phase [6] Market Trends - The increasing focus on health and wellness in the country creates a favorable environment for the company's return, as it aims to provide premium water products that contribute to consumer wellness [7][8]
Former CEO Ricky Wright Returns to Lead The Alkaline Water Company
Prnewswire· 2024-12-02 11:00
Company Leadership and Strategy - The Alkaline Water Company, Inc. has announced the return of co-founder Ricky Wright as President and CEO, aiming to lead the company into its next growth phase [1][2] - Wright's return aligns with the company's plan to file a Form 15c211 application with FINRA, which is essential for gaining eligibility for proprietary broker-dealer quotations and continuous market making [2] Market Position and Product Offering - The company aims to solidify its position in the alkaline water market, which is supported by a growing consumer focus on health and wellness [3] - Under previous leadership, Alkaline88® became the largest independent alkaline water company in the U.S., with a presence in over 75,000 stores nationwide [3] Mission and Vision - The company's mission is to provide consumers with clean, pure drinking water that enhances their overall wellness journey [4]
Alkaline Water Company to File Form 211
Prnewswire· 2024-10-25 09:00
SCOTTSDALE, Ariz., Oct. 25, 2024 /PRNewswire/ -- The Alkaline Water Company, Inc. (OTC: WTER), a leader in the beverage industry known for its purified alkaline water, enhanced with Himalayan rock salt, will be filing its Form 211 application with FINRA with an appropriate market maker (who will make in initial review under SEC Rule 15c211) to become eligible for proprietary broker-dealer quotations, publish competing quotes, and more importantly, provide continuous market making.At the current time, the Co ...
The Alkaline Water pany (WTER) - 2024 Q1 - Quarterly Report
2023-09-22 20:44
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-38754 THE ALKALINE WATER COMPANY INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Nevada 99-036704 ...
The Alkaline Water pany (WTER) - 2023 Q4 - Annual Report
2023-08-16 23:41
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) [X] ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended: March 31, 2023 or [] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________________ to __________________ Commission file number: 001-38754 THE ALKALINE WATER COMPANY INC. (Exact name of registrant as specified in its charter) ...
The Alkaline Water pany (WTER) - 2023 Q3 - Quarterly Report
2023-02-28 22:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2022 [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-38754 THE ALKALINE WATER COMPANY INC. (480) 656-2423 (Registrant's telephone number, including area code) Not Applicable (Former name, former address and former fiscal y ...
The Alkaline Water pany (WTER) - 2023 Q2 - Earnings Call Transcript
2022-11-15 16:12
The Alkaline Water Company Inc. (OTC:WTER) Q2 2023 Earnings Conference Call November 15, 2022 8:30 AM ET Company Participants Jeff Wright - Investor Relations Frank Lazaran - President and Chief Executive Officer David Guarino - Chief Financial Officer Operator Greetings. Welcome to the Alkaline Water Company Second Quarter Fiscal Year 2023 Conference Call. [Operator Instructions] Please note this conference is being recorded. I will now turn the conference over to your host, Jeff Wright. You may begin. Jef ...