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. (
"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 , and www.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
