The Alkaline Water Company Enhances Leadership for OTCQB Uplisting Initiative
The Alkaline Water Company's Strategic Uplisting Initiative
In an important development for its business trajectory, The Alkaline Water Company, Inc. (OTC: WTER) has appointed two independent directors, Ronald M. Miller and John F. Arminio, to its Board of Directors. This significant move is part of the company's strategy to uplist to the OTCQB, a venture that represents a key milestone in its ongoing efforts to expand its market presence.
The Alkaline Water Company, well-established in the beverage sector for its purified alkaline water infused with Himalayan rock salt, aims to complete its application with OTC Markets in early February. The addition of Miller and Arminio to the board is seen as a vital step in solidifying the company’s governance and operational capability as it pursues this uplisting initiative.
Incoming Directors
Ronald M. Miller brings over four decades of experience in the printing and publishing industry to the table. As the President and Director of Discount Print USA, Inc., he has a background stretching back to the mid-1970s, during which he published numerous educational books and programs. His inaugural publication, The American Dream: Shadow and Substance, showcased his commitment to education and literature.
John F. Arminio, former President of Hudson International, complements Miller's experience with his substantial background in business and finance. With a Master of Science in Real Estate Investment/Development from New York University and a Bachelor's Degree in Finance from Fordham University, Arminio’s expertise will be instrumental in navigating the complex financial landscape as the company seeks to enhance its valuation and visibility.
Leadership Optimism
Ricky Wright, CEO of The Alkaline Water Company, shared his enthusiasm about the new appointments, stating: “We are excited to welcome Mr. Arminio and Mr. Miller to our Board of Directors as we prepare for the next phase of our growth. Their extensive business experience will be invaluable as we rebuild our presence across all trade channels and work to become a dominant force in the alkaline water sector.”
This leadership shift, alongside preparations for the OTCQB uplisting, signifies a renewed commitment to re-establishing The Alkaline Water Company as a premier provider of high-quality alkaline water in the marketplace.
Company Background
The Alkaline Water Company, Inc. specializes in producing Alkaline, a premium purified alkaline water tailored for a superior taste experience. The inclusion of Himalayan rock salt ensures that their product provides not just hydration but also added minerals, catering to health-conscious consumers.
Future Outlook
While the company remains optimistic about its potential uplisting to OTCQB, it is essential to note the inherent challenges in the approval process. Meeting the various qualifying criteria, which encompass corporate governance standards and financial requirements, is crucial. The management expresses a strong desire to keep shareholders informed on these developments as they unfold.
As The Alkaline Water Company embarks on this transformative journey, the integration of these experienced directors into their board represents a proactive approach to achieving its business goals. The company is dedicated to delivering the best-tasting alkaline waters to a broader consumer base, thus reinforcing its position in the competitive beverage market.
In conclusion, with this strategic board enhancement and ongoing preparations for uplisting, The Alkaline Water Company aims to strengthen its market presence and unlock new growth opportunities while navigating the complexities of financial regulations and consumer demands.