Global Wataire Inc. Today Announces Letter of Intent to Purchase GW Atmospheric Water Generators.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Global Wataire Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :GWTE) announced today a $616,476 USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Letter of Intent from Australasia Pty. Ltd., a new marketing partner in Australia. Under the terms of the agreement between Wataire Industries Inc. (Pink Sheets:WTAF) Global Wataire is mounting an aggressive sales effort for its innovative Atmospheric Water Generators that produce safe, good tasting drinking water drinking water supply of water available to animals for drinking supplied via nipples, in troughs, dams, ponds and larger natural water sources; an insufficient supply leads to dehydration; it can be the source of infection, e.g. leptospirosis, salmonellosis, or of poisoning, e.g. from atmospheric moisture. The order from Australasia Pty. Ltd. is for one C1-5000 commercial unit that produces 5,000 litres per day for shipment to a distributor in Pakistan. Additionally, two C1-2500 Water Generators producing 2500 litres per day will be shipped to distributors in India and Pakistan. In addition to these large commercial units, two containers (576 Individual units) of WII-4010's Home/Office units will be individually shipped to Distributors in Pakistan and India. Individual Home/Office units produce 8 gallons of drinking water over a twenty-four hour period. Sydney Harland, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. stated, "GW Atmospheric Water Generators (AWG's) offer the world an effective and affordable solution to the global drinking water predicament. Since there is plenty of moisture in the earth's atmosphere, our products are well suited to produce safe, good tasting and affordable drinking water for the millions of people who need safe drinking water. As more and more consumers worldwide become aware of our innovative technology, Global Wataire will expand its business by offering its state of the art technology that can produce high quality and quantity drinking water on a world wide basis." Forward Looking Statements in this release are made pursuant to the " safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties, including without limitation, continued acceptance of the Company's products, increased level of competition for the Company, new products and technological changes, the Company's dependence on third-party suppliers and other risks detailed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. |
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