Boreal Water Revenue Projected Increase of 25% Along With New Acquisition Plans on the Horizon
June 11 2014 - 8:45AM
Marketwired
Boreal Water Revenue Projected Increase of 25% Along With New
Acquisition Plans on the Horizon
Statement From the Chairman of the Board
KIAMESHA LAKE, NY--(Marketwired - Jun 11, 2014) - Boreal Water
Collection, Inc. (OTCQB: BRWC)
"I am pleased to report that
in 2013, Boreal Water achieved record operating earnings per share
with year-end revenues of $2.1M. Since the beginning of the current
year, 2014, Boreal Water has had approximately $1M in revenue, with
projected revenues exceeding $2.7M for the year-end, putting us
well on track to our 2015 Road Map objective of at least $5M in
revenue. Importantly, we continued to deliver value to you, our
owners.
This performance is a
testament to our strategic position and capabilities, the
discipline of our management systems, and the acceptance of our
quality production. Importantly, it reflects the impact of a
distinct choice we have made about Boreal's business and marketing
model.
Boreal Water is an innovative
company, both in what we do and in how we do it. We pursue
continuous transformation -- always remixing to higher value in our
portfolio and skills, in the capabilities we deliver to our clients
and in our own operations and management practices. Recently we
have engaged new auditors with expectations to bring current our
SEC reporting obligations in the very near future with a listing on
the OTCQB, as well as have funding commitments for future
acquisitions to meet the demands of our clients and increase
productivity, revenues and profitability.
This is not the only path to
success in our industry, and it is not the easiest one. This has
been a very challenging year for Boreal Water in terms of change
and growth. The company has been able to resolve SEC reporting
issues, property procurement issues, and has established a funding
partner; while continuing to demonstrate growth in revenues.
As a Board, we are always
mindful of the duties we owe to the Company's shareholders and key
stakeholders to ensure the Company has the right people, systems
and processes in place to manage risk and deliver the Group's
agreed strategy. As Boreal's business objectives continue to
progress, this is even more important. As Chairman, I am
responsible for ensuring that the Board operates effectively with
well-informed directors asking the right questions and setting the
right tone from the top. Boreal is working hard to achieve our
goals with increasing value and equity for all of our
shareholders," stated Francine Lavoie, CEO and Chairman of the
Board.
Your brand our experience!
About us: Boreal Water
Collection is a personalized bottled water corporation, specialized
in providing premium custom bottled water for your company and
customers. Whether it is for publicity, promotion, marketing,
internal use or a specific event, Boreal offers fully integrated
turnkey service, with prize-winning Boreal private label water,
made-to-order labeling, and distinctive water containers. Unlike
other competitors, Boreal also has exclusive access to two pristine
and abundant springs, one an award winning source deep in the
untouched wilds of Canada and the other in the prestigious Catskill
Mountains in New York. With exclusive unlimited exploitation
rights, Boreal has a confirmed volume in excess of thousands of
millions of gallons.
For more information on Boreal
Water Collection, please contact us by email us
atinvestors@borealwater.com, sales@borealwater.com, or follow us at
www.borealwater.com and on the different social media sites such as
www.facebook.com/privatelabelbottledwater,
andwww.linkedin.com/in/borealwater.
Safe Harbor Statement
Statements about the Company's future expectations and all other
statements in this press release other than historical facts, are
'forward-looking statements' within the meaning of Section 27A of
the Securities Act of 1933, Section 21E of the Securities Exchange
Act of 1934, and as that term is defined in the Private Securities
Litigation Reform Act of 1995. The Company intends that such
forward-looking statements be subject to the safe harbors created
thereby. The above information contains information relating to the
Company that is based on the beliefs of the Company and/or its
management as well as assumptions made by and information currently
available to the Company or its management. When used in this
document, the words 'anticipate,' 'estimate,' 'expect,' 'intend,'
'plans,' 'projects,' and similar expressions, as they relate to the
Company or its management, are intended to identify forward-looking
statements. Such statements reflect the current view of the Company
regarding future events and are subject to certain risks,
uncertainties and assumptions, including the risks and
uncertainties noted. Should one or more of these risks or
uncertainties materialize, or should underlying assumptions prove
to be incorrect, actual results may vary materially from those
described herein as anticipated, believed, estimated, expected,
intended or projected. In each instance, forward-looking
information should be considered in light of the accompanying
meaningful cautionary statements herein. Factors that could cause
results to differ include, but are not limited to, successful
performance of internal plans, the impact of competitive services
and pricing and general economic risks and uncertainties.
Contact Information Boreal Water Collection
investors@borealwater.com www.borealwater.com
Birdie Win (PK) (USOTC:BRWC)
Historical Stock Chart
From May 2024 to Jun 2024
Birdie Win (PK) (USOTC:BRWC)
Historical Stock Chart
From Jun 2023 to Jun 2024