Seawright Holdings Retains OTC Financial Network for Comprehensive Investor Relations Campaign
May 18 2006 - 8:00AM
Business Wire
Seawright Holdings, Inc. (OTCBB:SWRI), owner of one of the most
prolific natural water springs on the East Coast, Seawright
Springs, today announced that it has retained OTC Financial
Network, a division of National Financial Communications Corp.
("NFC"), for a comprehensive investor relations campaign. Geoffrey
Eiten, president of NFC, stated, "Growing social and political
awareness of the world's dwindling water resources have recently
pushed the typically undervalued water stock onto investors' radar
screens. As a natural resource, water is often referred to as the
next 'oil of the 21st century' by many experts (including The Water
Resources and Environment Subcommittee of the U.S. House of
Representatives in 2003) and is emerging as the newest hot
commodity. Seawright Holdings, Inc. owns a highly valuable,
renewable commodity -Seawright Springs, which is within a day's
drive of the majority of the East Coast population and has an
immense capacity to produce over 300 million gallons of water each
year. We are excited to represent Seawright Holdings, Inc. to the
financial community." Joel P. Sens, President and CEO of Seawright
Holdings, Inc., stated, "Our near-term growth strategy is to launch
Seawright Springs Premium Natural Spring Water, a distinctive,
high-quality bottled natural spring water, to upscale grocers on
the East Coast. We believe by focusing on highly targeted, regional
markets, we can successfully build brand awareness, consumer
loyalty and initial sales. A consumer beverage product is just the
beginning of our business model. With our precious commodity
source, Seawright Springs, we look forward to forming new private
and public partnerships that are seeking new, flourishing sources
of pure, clean water." About OTC Financial Network OTC Financial
Network is a leading provider of investor relations and financial
consulting services and customized, proactive investor relations
campaigns to more than 500 small/micro-cap public companies since
1992. A partnership with OTC Financial Network can improve a
company's shareholder communications channel, facilitate capital
formation opportunities, create an expanding and diversified base
of institutional and retail shareholders, and garner financial
media coverage. OTC Financial Network is a division of National
Financial Communications Corp. based in Needham, MA. For more
information, visit http://www.otcfn.com or
http://www.nationalfc.com. Disclaimer: OTC Financial Network serves
as special advisor to the featured Company and has received fees
for services, including a monthly retainer in the amount of two
thousand five hundred dollars paid for in cash and/or free-trading
shares, and an option to purchase seventy-five thousand shares of
common stock at an exercise price of $0.85 per share. This is not
an offer to buy or sell securities. Information or opinions in this
release are presented solely for informative purposes, and are not
intended nor should they be construed as investment advice.
Additional compensation information and a full disclaimer can be
found online by visiting http://www.otcfn.com/swri and selecting
the "Disclaimer" link. About Seawright Holdings Seawright Holdings,
Inc. owns one of the most prolific natural springs on the East
Coast. Seawright Spring is located on 145 acres in the George
Washington National Forest and is ideally located 140 miles from
Washington, D.C. and is accessible to all Eastern Seaports.
Naturally filtered by nature, with a healthy blend of magnesium and
calcium, Seawright Springs produces a plentiful 1.5 million gallons
of water each day. This unique asset can be leveraged to help
replenish the world's increasingly scarce water supply. Seawright
Springs was discovered by the Native Americans, and was favored by
early explorers, who called it "Good Health Water." In 1741, King
George II of England deeded the property to John Seawright. Water
was first bottled and sold from the spring in 1890 and, by the
1920s, was so popular that it was distributed to almost every major
city in America at $1.00 a gallon. For more information, visit:
http://www.seaswrightsprings.com. Statements in this press release
may constitute forward-looking statements and are subject to
numerous risks and uncertainties, including the Company's ability
to successfully complete the development of new or enhanced
products, the Company's ability to meet its future capital needs,
the development of market demand for the Company's products, the
ability of the Company to attract and retain qualified personnel,
the economic conditions of the beverage market and specifically the
spring water industry, and other risks detailed from time to time
in the Company's filings with the Securities and Exchange
Commission. The actual results may differ materially from those
contained in this press release. The Company disclaims any
obligation to update any statements in this press release.
Seawright (CE) (USOTC:SWRI)
Historical Stock Chart
From Jun 2024 to Jul 2024
Seawright (CE) (USOTC:SWRI)
Historical Stock Chart
From Jul 2023 to Jul 2024