Recs

2
Player Avatar jed71 (35.76) Submitted: 10/17/2013 10:45:51 AM : Underperform Start Price: $0.60 WTER Score: +99.29

This company generated $33K in revenue last quarter. It has relegated itself to continually issuing meaningless press releases in order to draw any interest to the stock. For example,

"Alkaline Water Co. Announces Availability of Alkaline88 Through Amazon.com"

Pretty much anyone who has the ability to set up an account with Amazon can sell products through Amazon. It's not that hard, and certainly not worthy of a press release.

Given it's incredibly weak balance sheet, I don't expect this company to survive more than 12 months. It certainly doesn't deserve it's current market cap of $62MM.

Member Avatar 3Rules (94.69) Submitted: 11/5/2013 3:16:00 PM
Recs: 0

The quintessential pump-and-dump stock.

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