The Alkaline Water (WTER) Company announced a strategic bulk purchase of over $1,500,000 of inventory with Prima Verde to be fulfilled through the issuance of 94,300,000 shares of Common Stock subject to a 12-month lock-up period. The Shares issued under this agreement will be subject to a strict 12-month holding period, with no impact on the Company’s current public float or near-term trading dynamics. This structure allows the Company to preserve cash while securing essential inventory for growth, without affecting current market trading conditions. Based on the Company’s internal financial projections and operational analysis, this strategic transaction is expected to have the following impact: Projected improvement in cash position of approximately $1.2 million over the first six months of operations Anticipated acceleration of positive monthly cash flows by approximately two months; Expected reduction in an initial cash burn by nearly $500,000 in the first month of implementation; Projected substantial inventory turnover within the first 60 days of operation through planned distribution partnerships.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WTER:
Questions or Comments about the article? Write to editor@tipranks.com