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Convertible Notes Are Now Off of Our Company's Balance Sheet
KIAMESHA LAKE, NY--(Marketwired - Jun 9, 2015) - On June 4, 2015, Boreal Water Collection, Inc. (
This international quality recognition is a major acknowledgment for New York Catskill Alpine natural spring source as the tough judging panel is made up of some of Europe's, America's and Asia's leading sommeliers and beverage experts.
Mrs. Francine Lavoie, CEO of Boreal Water, states: "I am proud of our achievement and I thank all our employees for doing such a good job at bringing such superior taste and quality products to market. This award truly highlights the quality of our water."
Also, Mrs. Francine Lavoie is happy to announce that all the convertible notes have already been converted with the exception of one note of $10,000. "All of the debt conversions have resulted in a significant reduction in the Company's debt; to be exact we converted $824,655.68 of debts into shares. Going forward we believe that we can cease the use of convertible debt financing to fund our operations and expansion," she said.
About us: 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 (Saint-Élie) 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 or sales@borealwater.com, or visit www.borealwater.com and follow us on the different social media sites such as www.facebook.com/borealwaternews, www.twitter.com/borealwaternews and www.linkedin.com/in/borealwater.
Safe Harbor for Forward-Looking Statements:
This news release includes forward-looking statements. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the company at this time, actual results may differ materially from those described. The company's operations and business prospects are always subject to risk and uncertainties. Important factors that may cause actual results to differ are and will be set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
Boreal Water Collection
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www.borealwater.com