American Water Star (AMEX:AMW)
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From Jun 2019 to Jun 2024
American Water Star Inc. (AMEX: AMW) announces their
current sales strategy and significant events relative to present and
future sales efforts, including inventory status. The following is a
brief summary of events:
-- We recently shipped our Hispanic line of beverages, Geyser
Fruta, into Mexico for our new customer, Go For Value. With Go
For Value projecting 55 stores by 2006, we plan to expand our
Latin beverage program to accommodate their growth.
-- Our new distributors include: Sysco Foods in Arizona, U.S.
Foods in Arizona and Absolut Sales & Marketing in Fairfield,
N.J.
-- AMW is in negotiations with a prominent national/international
bottler to manufacture and produce three gallon and five
gallon water container products that will be sold through two
of the country's largest retailers.
-- Uni-Bev, a distributor in southern Florida, is preparing an
announcement regarding an agreement with AMW for the sale of
water and beverage in Canada and Haiti. Uni-Bev's parent
company, Uteco, is the Coca-Cola(TM) bottler for Haiti and has
a successful micro-brewery in Canada.
-- AMW has reached an agreement in principal to sell water and
beverage to a regional food chain based in San Diego,
estimated to begin mid-July.
-- 70% of our excess product inventory has been purchased by a
nationally prominent retailer for immediate distribution. The
significant reduction in present inventory will impact the
opportunity for greater distribution and market presence
nationally.
AMW's Subsidiary, C.R.D. of Nevada
Colorado River Distributors recently introduced AMW's new "Vegas
Ice," a private label water product which resulted in enthusiastic
public response. C.R.D. currently distributes a product line that
includes AMW's Geyser and Hawaiian Tropic lines, Coca-Cola hard
products, Perrier, Gatorade and Tropicana products. New additions to
the distribution line include Desert Ice, Arizona Ice Tea,
NicLite(TM), and The Stirling Club at Turnberry, as well as other
private label accounts.
"Due to the additions of new accounts we have increased C.R.D.
staff and added more trucks to C.R.D.'s fleet to accommodate the new
business," said Rich Mesnick, V.P. of sales for American Water Star.
"I am pleased in the direction C.R.D. has taken including taking steps
to apply for a liquor distribution license."
About American Water Star Inc.
American Water Star Inc. ("AMW") is a publicly traded company and
is engaged in the beverage bottling industry. Its product brands are
licensed and developed in-house, and bottled in strategic locations
throughout the United States. AMW's beverage products are sold by the
truckload, principally to distributors, who sell to retail stores,
corner grocery stores, convenience stores, schools and other outlets.
At AMW, we believe our great-tasting, new zero sugar; zero calorie
flavored water beverages have positioned us to capture a large share
of the market for healthy flavored waters. Our product line consists
of four branded beverages: Geyser Sport; Geyser Fruit; Geyser Fruta;
and Hawaiian Tropic. Geyser Sport is a sugar-free, calorie-free,
carb-free fruit flavored beverage fortified with vitamins and
calcium, offered in eight different fruit flavors. Geyser Fruit is a
non-carbonated water with a low sugar content, also offered in eight
different flavors. Geyser Fruta is targeted to the Hispanic market and
includes authentic Latin flavored beverages. Our Hawaiian Tropic
products feature sugar-free, no carbohydrate, caffeine-free,
sodium-free tropical drinks offered in four flavors.
Forward-Looking Statements:
This press release may contain statements that constitute
"forward-looking statements" as defined under U.S. federal securities
laws. Generally, the words "believe," "expect," "intend," "estimate,"
"anticipate," "establish," "project" and similar expressions identify
forward-looking statements, which generally are not historical in
nature. Forward-looking statements are subject to certain risks and
uncertainties that could cause actual results to differ materially
from our historical experience and our present expectations or
projections. These risks include, but are not limited to, the success
of Geyser Fruta in Mexico; actual expansion of AMW's Latin beverage
program; any benefits of the new distributing agreements; the
reputation of new distributors and actual distribution of AMW
products; a final agreement being reached and any benefits from AMW's
relationship with a new bottling manufacturer; a final agreement being
reached with Uni-Bev and actual sales of AMW water and beverage in
Canada and/or Haiti; actual distribution of AMW's products in San
Diego; the success of new distribution lines of C.R.D. of Nevada; the
ability to obtain a liquor distribution license; our ability to become
an industry leader; changes in economic conditions; changes in the
non-alcoholic beverages business environment, including actions of
competitors and changes in consumer preferences; our ability to
capture market share; the effectiveness of our advertising and
marketing programs; fluctuations in the cost and availability of raw
materials or necessary services; our ability to avoid production
output disruptions; our ability to achieve earnings goals; regulatory
and legal changes; our ability to penetrate developing and emerging
markets; litigation uncertainties; and other risks discussed in our
filings with the SEC, including our Annual Report on Form 10-KSB,
Quarterly Reports on Form 10-QSB, and Current Reports on Form 8-K,
which reports are available from the SEC. You should not place undue
reliance on forward-looking statements, which speak only as of the
date they are made. We undertake no obligation to publicly update or
revise any forward-looking statements to reflect current events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.