SCOTTSDALE, Ariz. – Dec. 11, 2018 – The Alkaline Water Company Inc. (NASDAQ and TSXV: WTER) (the “Company”), with products bottled under the trademark Alkaline88®, announced today that record monthly sales of more than $3.1 million have been achieved for the month ending November 30, 2018.
“Our sales during the month of November were the highest in the Company’s history. We have achieved this success through our continued effort to remain at the forefront of the beverage industry by providing innovative products like Alkaline88®, and will continue to grow by executing on our strategy to add new sales channels and classes of trade, expand internationally, and extend our product lines into flavored and Hemp-infused beverages,” stated Richard A. Wright, President and CEO of The Alkaline Water Company Inc. “We are well positioned to leverage the strength of our lean business model and national brand recognition to accelerate our growth into 2019. With today’s listing on NASDAQ, we expect the increased visibility and liquidity will help us to continue to drive shareholders value.”
The Company also announced that, as of the start of trading today, shares of its common stock have ceased trading on the OTCQB and will be listed on the NASDAQ Capital Market (NASDAQ) under the ticker symbol “WTER.” The Alkaline Water Company will retain its listing on the TSX Venture Exchange (TSXV), also under the ticker symbol “WTER.”
The Company fully intends to comply with all federal, state, and local laws, rules and regulations as the Company develops its hemp infused alkaline water and other nutraceutical product lines. The Company will not pursue the production or sale of hemp infused products until legally permitted and all necessary approvals have been obtained.
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About The Alkaline Water Company Inc.
The Alkaline Water Company Inc. (TSXV and NASDAQ: WTER) is a leading producer of premium bottled alkaline drinking water sold under the brand name Alkaline88®. With its innovative, state-of-the-art, proprietary electrolysis process, the Company produces healthy, all-natural and great-tasting alkaline water for a balanced lifestyle. Founded in 2012, the Company is headquartered in Scottsdale, Arizona, and focuses on national distribution and marketing for retail sale of Alkaline88®, one of the fastest growing premium bottled water brands on the market.
To learn more about The Alkaline Water Company, please visit: www.thealkalinewaterco.com or connect on Facebook, Twitter, Instagram or LinkedIn.
About Alkaline Water Products
Alkaline88® is a premier 8.8 pH-balanced bottled alkaline drinking water, enhanced with Himalayan Pink Rock Salt, and the #1 selling bulk alkaline water in the United States. The product offers consumers the unique opportunity to purchase alkaline water in conveniently packaged 500-milliliter, 700-milliliter, 1-liter, 1.5-liter, 3-liter and 1-gallon sizes. Alkaline88® is available in over 40,000 retailers in all 50 states, including national retailers such as Safeway/Albertsons, Walmart, Kroger, CVS, and other top regional and local supermarket chains.
To find a retailer near you visit: http://thealkalinewaterco.com/about-us/locations/
Notice Regarding Forward-Looking Statements
This news release contains “forward-looking statements.” Statements in this news release that 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, the following: the Company will continue to grow by executing on its strategy to add new sales channels and classes of trade, expand internationally and extend its product lines into flavored and hemp-infused beverages; that the Company will accelerate its growth in 2019; and that there will be increased visibility and liquidity that will drive shareholder value. The material assumptions supporting these forward-looking statements include, among others, that the demand for the Company’s products will continue to significantly grow; that the past production capacity of the Company’s co-packing facilities can be maintained or increased; that the Company will receive all necessary regulatory approvals for the production and sale of CBD/hemp-infused water that there will be increased production capacity through implementation of new production facilities, new co-packers and new technology; that there will be an increase in number of products available for sale to retailers and consumers; that there will be an expansion in geographical areas by national retailers carrying the Company’s products; that there will be an expansion into new national and regional grocery retailers; that there will not be interruptions on production of the Company’s products; that there will not be a recall of products due to unintended contamination or other adverse events relating to the Company’s products; and that the Company will be able to obtain additional capital to meet the Company’s growing demand and satisfy the capital expenditure requirements needed to increase production and support sales activity. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Readers should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in the reports and other documents the Company files with the SEC, available at www.sec.gov, and on the SEDAR, available at www.sedar.com
Media ContactCompany Name: Alkaline Water Company Inc.Contact Person: Richard A. Wright, President and CEOEmail: Send EmailPhone: 480-656-2423Country: United StatesWebsite: http://thealkalinewaterco.com/
