Boreal Water Collection Releases Open Letter to Shareholders --
Status and Recap of the Year 2013
Boreal Water Collection Releases Open Letter to Shareholders --
Status and Recap of the Year 2013
KIAMESHA LAKE, NY--(Marketwired - Jan 7, 2014) - Boreal Water
Collection, Inc. (OTCQB: BRWC)
Dear Shareholders,
I would like to take this opportunity to share several
noteworthy achievements our Company made during 2013.
Boreal Water's mission is to provide high-end private labeled
bottled water and this year we were very successful at gaining some
very prestigious and high-end accounts. To list a few: Dean & Deluca -- a chain of
gourmet grocery stores, Saks Fifth Avenue -- luxury
department stores, Quin
Hotel NY -- newest luxury lifestyle hotel, WestHouse NY Hotel -- a member
of Small Luxury Hotels of the World, Bouchon Bakery -- from Thomas
Keller Restaurant Group, Dream Hotel -- from Wyndham
Hotel group, Mercedes Benz
of Nanuet NY and Wat-aah -- a premium brand of
functional water for kids and teens. We expect to continue to
increase our sales and earnings growth for years to come.
2013 can be characterized also as a balance sheet rebuilding
year as we were successful to reduce our liabilities by 1.1 million
dollars when we completed our refinancing in August 2013. This
represented a 40% reduction of our total liabilities. This hard
earned savings will position us to pursue consistent, profitable,
long-term growth. We expect that focusing on the fundamentals and
building a stable business will drive revenues and earnings upward
in years to come.
As we all know the rise of emerging markets and their growing
impact on global business, Boreal Water's sales outside the United
States is also a priority. Since Boreal Water was highly qualified
at the International Taste and Quality Institute in Belgium in
2012, the international demand for our products has increased.
Boreal exhibited at the FHC China show in Shanghai in November 2013
and is expecting to start shipping in 2014 some large orders due to
all the leads made at that show. In 2014 we will expand our
presence in China and we will aggressively build our sales.
When I reflect on how far we've come over the past years I
couldn't be more motivated and optimistic about what we will
achieve in 2014 and beyond.
As CEO, my primary responsibility is to deliver Shareholder
Value and to ensure the ongoing growth and success of the Company.
We are excited about the numerous opportunities at hand that we
will be pursuing this year and the future. Our team is committed to
bringing more public transparency and information by devoting to
Investor Relations and Awareness. We are close to hiring an IR
Consultant with expertise in incubating Micro Cap Companies in
which we expect to make an announcement shortly. We expect this
initiative, coupled with the successful execution of our growth
strategy will drive shareholder value along with financial and
operational growth.
On behalf of Boreal Water Collection Inc, I look forward to you
sharing in our success for years to come.
Francine Lavoie
Chairman and CEO
About Boreal Water Collection, Inc
Your brand our experience! 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 at investors@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:
This news release contains "forward-looking statements" as that
term is defined in Section 27A of the United States Securities Act
of 1933, as amended and Section 21E of the Securities Exchange Act
of 1934, as amended. Statements in this press release which are not
purely historical are forward-looking statements and include any
statements regarding beliefs, plans, expectations or intentions
regarding the future. Such forward-looking statements include,
among other things, regulatory incentives, the development of new
business opportunities, and projected costs, revenue, profits and
results operations. Actual results could differ from those
projected in any forward-looking statements due to numerous
factors. Such factors include, among others, the inherent
uncertainties associated with new projects and development stage
companies. These forward-looking statements are made as of the date
of this news release, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual
results could differ from those projected in the forward-looking
statements. Although we believe that any beliefs, plans,
expectations and intentions contained in this press release are
reasonable, there can be no assurance that any such beliefs, plans,
expectations or intentions will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our annual
report on Form 10-K for the most recent fiscal year, our quarterly
reports on Form 10-Q and other periodic reports filed from
time-to-time with the Securities and Exchange Commission. More
information is included in the company's filings with the
Securities and Exchange Commission, and may be accessed through the
SEC's website at www.sec.gov.