Alkaline Water Company Inc (OTCMKTS:WTER) stated that the existing purchase orders indicates an estimated run rate of over $10 million annually. In related news, and just in less than 24 months being launched in Southern California stores, the product Alkaline88 has become the number one selling brand in the market. It is also seen as the fastest rising alkaline water brand in region of Southern California.
The management speaks
Alkaline Water Company’s CEO and President Steven Nickolas stated that he believes the strong growth the company have experienced since January 2015 is unmatched by any other water company in this year. The company finished the fiscal year with the strongest quarter ever. The first week of the New Year is stated as the strongest week documented till this date. The management is thrilled about the potential for strong growth as the company opens up new markets and business associations across the nation.
Alkaline Water Company has meticulously developed a unique, state of the art and proprietary electrolysis method that results in healthy alkaline water to achieve a balanced lifestyle. It is focused on the operations of marketing and distributing the retail sale of its affordable packaged Alkaline88 brand water beverage products. As of now, the company is in the midst of a mass-market expansion program in the country and is available for consumer sales at prime retail locations in the United States.
Alkaline88 is a leading bottled alkaline drinking water brand with an 8.8-pH balance. It is full of trace minerals and electrolytes. The leading product of Alkaline Water offers consumers an innovative opportunity to buy alkaline water in conveniently packaged in different sizes ranging from 500ml, 700ml, to 1-liter, 3-liter and even in 1-gallon sizes. In last trading session, the stock price of Alkaline Water declined 18.56% to close at $0.0790.