American Water Star (AMEX:AMW)
Historical Stock Chart
From Jun 2019 to Jun 2024
American Water Star, Inc. (AMEX:AMW), is proud to
announce that its subsidiary, New Age Packaging, Inc., has begun
producing and shipping nearly one million (1,000,000) eight ounce
water/ice pouches per day to the Federal Emergency Management Agency
(FEMA) for the recent hurricane victims in the Gulf Coast. The AMW Bag
Pax(TM) is particularly unique in that in addition to holding 8 oz. of
purified drinking water, the Bag Pax(TM) has the added feature of
remaining frozen for as long as 24 hours providing an added advantage
over blocked or crushed ice which is in extreme short supply. If
allowed to melt it reverts to its original water state.
"This contract is ongoing and virtually maximizes the Company's
total production capabilities at this time," stated Roger Mohlman, CEO
of American Water Star. He went on to say, "I have ordered 22
additional manufacturing lines because we need to expand our
production to fulfill the demand from national retail chains after the
current emergency subsides. The low cost and easy storage aspects
promise continued sales of this very important product for a long
time."
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 beverages 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 actual
amount of annual sales of AMW water for disaster relief; the frequency
of Presidentially declared emergencies; AMW's production capabilities;
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.