American Water Star Inc. Announces Acceptance of Its AMEX Plan
02 Juin 2005 - 9:36PM
Business Wire
American Water Star Inc. (AMEX: AMW) announced it has received an
acceptance letter from the American Stock Exchange ("AMEX")
regarding AMW's plan submitted on May 4, 2005. AMW is not in
compliance with the continued listing standards of AMEX but its
listing is being continued pursuant to an extension granted by
AMEX. AMW submitted a plan to AMEX which detailed AMW's intentions
to rectify its deficiency in reporting obligations. The extension
by AMEX was also predicated on AMW filing its Form 10-KSB on or
before the target date of June 15, 2005. AMW is working diligently
on a daily basis to file the 2004 10-KSB and anticipates filing by
the target date. About American Water Star Inc. American Water Star
Inc. ("AMW") is a publicly traded company and is engaged in the
beverage bottling industry. Its product brands are licensed and
developed in-house and bottled in strategic locations throughout
the United States. AMW's beverage products are sold by the
truckload, principally to distributors who sell to retail stores,
corner grocery stores, convenience stores, schools and other
outlets. At AMW, 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 product
line consists of four branded beverages: Geyser Sport, Geyser
Fruit, Geyser Fruta, and Hawaiian Tropic. Geyser Sport is a
sugar-free, calorie-free, carb-free, fruit-flavored beverage
fortified with vitamins and calcium, offered in eight different
fruit flavors. Geyser Fruit is a non-carbonated water with a low
sugar content, also offered in eight different flavors. Geyser
Fruta is targeted to the Hispanic market and includes authentic
Latin-flavored beverages. Our Hawaiian Tropic products feature
sugar-free, no carbohydrate, caffeine-free, sodium-free tropical
drinks offered in four flavors. Forward-Looking Statements This
press release may contain statements that constitute
"forward-looking statements" as defined under U.S. federal
securities laws. Generally, the words "believe," "expect,"
"intend," "estimate," "anticipate," "establish," "project" and
similar expressions identify forward-looking statements, which
generally are not historical in nature. Forward-looking statements
are subject to certain risks and uncertainties that could cause
actual results to differ materially from our historical experience
and our present expectations or projections. These risks include,
but are not limited to, meeting our target date of June 15, 2005,
for the filing of our Form 10-KSB; our ability to comply with our
submitted plan to AMEX; obtaining required consents from our
previous independent auditor; our ability to become an industry
leader; changes in economic conditions; changes in the
non-alcoholic beverages business environment, including actions of
competitors and changes in consumer preferences; our ability to
capture market share; the effectiveness of our advertising and
marketing programs; fluctuations in the cost and availability of
raw materials or necessary services; our ability to avoid
production output disruptions; our ability to achieve earnings
goals; regulatory and legal changes; our ability to penetrate
developing and emerging markets; litigation uncertainties; and
other risks discussed in our filings with the SEC, including our
Annual Report on Form 10-KSB, Quarterly Reports on Form 10-QSB, and
Current Reports on Form 8-K, which reports are available from the
SEC. You should not place undue reliance on forward-looking
statements, which speak only as of the date they are made. We
undertake no obligation to publicly update or revise any
forward-looking statements to reflect current events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events.
American Water Star (AMEX:AMW)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
American Water Star (AMEX:AMW)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about American Water Star (American Stock Exchange): 0 recent articles
Plus d'articles sur American Water Star Inc.