All these PR's are protected under the Safe Harbor Act. They are considered forward looking statements. Now here is an old company report I dug up. Keep in mind WTER has only generated 40,000 in revenue in the last 4 years or so. You be the judge whether anything they say will happen............................................ .........During the latter part of 1998 WaterChef embarked on an aggressive multi-tier marketing program to introduce the water cooler product line to the major retailers and mass merchants and to the bottled water industry in the United States.
For the record, it is pointed out that WaterChef already has experience with the large mass merchants with the Company's success in selling and promoting product to the West Coast operations of the Home Depot organization.
In further support of our growth program, WaterChef has mounted an international marketing program for water coolers with particular emphasis being placed on potential customers in the Middle East, Central and South America. Water marketing surveys have shown that the Middle East is the second largest market after the United States and South America is the third largest of the growing markets.
WaterChef's PureSafe Water Station has been designed to provide a local solution to the drinking water needs of small populations. Each system can satisfy the purified water needs of 3,000 to 3,500 people, affordably and efficiently. The WaterChef system is adaptable to a wide range of water-borne threats and is suitable for a wide range of applications. The PureSafe Water Station is designed to be attended during its hours of operation, and has been engineered with an eye toward ease of maintenance and ease of installation. The basic system, complete with backup power supply, will provide U.S. EPA grade drinking water for about $0.035 per gallon.
While the PureSafe Water Station was originally designed to effectively convert "bathing grade" water to potable water quality, the Company has responded to other water problems with system enhancements. In the first enhancement the system has been upgraded to handle brackish water conditions and the presence of heavy concentrations of toxic metals. Most recently WaterChef has incorporated full desalination capabilities into an expanded version of the system.
Additionally, WaterChef has been formally selected by Counterpart International based in Washington, D.C., to provide the PureSafe Water Station for the low-cost housing development Counterpart will build in Negros Occidental, the Philippines. Construction was scheduled to start later in 2000. WaterChef has also entered into a marketing agreement with another group to market systems directly to agencies of the Philippine Government.
WaterChef, in 1999, commenced active negotiations to provide multiple systems for use in the Middle East, Mexico, Paraguay, Peru, Thailand and Vietnam.
In second quarter 2000 WaterChef was notified that the PureSafe Water Station had been selected by the International Red Cross for deployment in Mozambique as part of the relief effort.
With the business captured recently, the positive response to our product offering among our potential customer base, and the positive impact of our new products, WaterChef projects domestic revenues of over $3,000,000 in 2001 growing to over $15,000,000 by 2004.
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