American Water Star Inc. Signs Letter of Intent to Acquire Florida Bottling Facility.Business Editors LAS VEGAS--(BUSINESS WIRE)--Nov. 25, 2003 American Water Star Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). : AMWS AMWS Annual Mean Wind Speed AMWS Assault Maneuver Weapon System (Xenosaga game) AMWS Advanced Missile Warning System AMWS Agile Multi-Role Weapon System ) announced the signing of a Letter of Intent to purchase Sunset Bottling Inc. of Jacksonville, Fla. The Sunset facility is a 20,000-square-foot building situated on 1 acre of land with a total value including all assets of approximately $2 million. It currently manufactures bottled water for its own accounts as well as private labeling. Sunset has approximately 250 customers both within and outside Florida. The Sunset facility is ideally situated to serve American Water Star's production and distribution requirements for the states of Florida, Alabama, Georgia and the Caribbean Islands. The new facility will also serve as an initial importation point from its South American suppliers of its Bag Pax program where the company expects to receive two container loads per day of its new Geyser geyser (gī`zər) [Icel.], hot spring from which water and steam are ejected periodically to heights ranging from a few to several hundred feet. Sport sugar-free energy drink packaged in its new Bag Pax bag. The Bag Pax pouch is available in 6.9 ounces for the school system and 8 ounces for the mass merchandisers. Chief Executive Officer of American Water Star Inc. Roger Mohlman stated, "Our company is on schedule in meeting its production and distribution needs to service our contemplated national account requirements. By servicing the Southeastern United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. customers out of the Florida facility, the company will realize a significant transportation savings of approximately $3,000 per truckload truck·load n. The quantity that a truck can hold. truckload n → camión m lleno , and with our projections and commitments, this savings will be significant." "I am very excited about the deal we made. We have been a small successful company but are excited that American Water Star Inc. under Roger Mohlman's direction will turn Sunset Bottling into a major plant utilizing the facility's 24-hour production capabilities and servicing their major accounts in this part of the country," said Herbert Oliver, co-owner of Sunset Bottling Co. About American Water Star Inc. American Water Star Inc. ("AMWS") is a publicly traded company publicly traded company A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market. and is engaged in the beverage bottling industry. Its product brands are both licensed and developed in-house, and bottled in strategic locations throughout the United States. AMWS' beverage products are sold by the truckload, principally to distributors, who sell to retail stores, corner grocery stores, convenience stores The following is a list of convenience stores organized by geographical location. Stores are grouped by the lowest heading that contains all locales in which the brands have significant presence. , schools and other outlets. At AMWS, 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 products include: Hawaiian Tropic Hawaiian Tropic is a brand of suntan lotion sold around the world, but more widely available in the United States. It is a competitor to Coppertone. Brand History The Company was founded by Ron Rice in 1969. -- our latest product featuring a sugar-free, no carbonation, caffeine-free, sodium-free tropical drink. Hawaiian Tropic flavors include Strawberry Kiwi, Kiwi-Lemon Lime, Orange Guava guava (gwä`və), small evergreen tree or shrub of the genus Psidium of the family Myrtaceae (myrtle family), native to tropical America and grown elsewhere for its ornamental flowers and edible fruit. and Pineapple Grapefruit grapefruit, pomelo (pŏm`əlō), or pummelo (pum`məlō), citrus fruit (Citrus paradisi) of the family Rutaceae (orange family). . For the grade school age children we are introducing Geyser Sport and Aqua Fresca Sport -- our new non-sugared, 0 calorie, 0 carbohydrates, 0 sodium, vitamin and mineral-enriched, fruit-flavored beverage brand. Our other premium beverages include Geyser Fruit Beverages -- our line of eight different fruit-flavored waters which have proven to be popular with consumers, and Geyser Fruta -- our Latin line of seven different fruit-flavored beverages. Statements herein express management's beliefs and expectations regarding future performance and are forward-looking and involve risks and uncertainties, including, but not limited to, the ability to negotiate outstanding prior debts of acquired companies; properly identify acquisition partners; adequately perform due diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. ; manage and integrate acquired businesses; raise working capital and secure other financing; respond to competition and rapidly changing technology; deal with market and stock price fluctuations; and other risks. These risks are and will be detailed, from time to time, in AMWS' Securities and Exchange Commission filings, including Form 10-KSB for the year ended Dec. 31, 2002, and subsequent Forms 10-QSB and 8-K. Actual results may differ materially from management's expectations. |
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