Alkaline Water Company Inc (OTCMKTS:WTER) is health and wellness company, which has been making quite a lot of efforts towards expansion. The company recently announced the expansion of its distribution to the state of Wisconsin and Nebraska. The expansion towards the two states took place after the company reach two new distribution agreements with Nebraska based Ideal Pure Water Inc and another company in Wisconsin.
Alkaline Water is the maker of an ultimate health and wellness water formula. The company uses the formula for oxygenated, alkaline and antioxidant water products. With the two new distribution deals, the company has significantly expanded its presence in the Midwest region. Alkaline Water also hopes to sign more distributors from the region in the days to come. Additionally, the company’s latest distributer Ideal Pure Water Inc has a network in both Nebraska and Omaha. Alkaline Water may extend the terms of their deal to allow for the distribution of their products in Omaha as well.
Alkaline Water also has a fellow subsidiary, Xtreme Technologies, which makes use of the company’s patented formula to make alkaline and anti-oxidant products for the pet sector as well. Alkaline Water’s patented product also holds several unique properties, allowing for greater absorption and efficient hydration. The enhanced absorption capabilities also mean that it stores more oxygen to be delivered to the body. The end result is improved metabolism and immunity.
Alkaline Water is known to get its water from the springs in Idaho, which is then altered through micro-clustering. This makes the water slightly alkaline thereby capable of flushing toxins from the body. The company has had a number of famous faces appear in its adverts, but the company’s most recent rise had been fuelled by news that it was developing a new segment of bottled water, from its patented formula.
Alkaline Water Company Inc (OTCMKTS:WTER) witnessed 124.6 million shares being traded on May 1. The stock closed at $0.0819, after reporting a decline of 12.59%.