los Angeles, nov. 29 /prnewswire-firstcall/ - royal Spring Water Inc.
(otc: Rspg), (the "company") A Bottler And Distributor Of Pure, Sweet
water Of The "ogallala Aquifer", Announced Today That It Has Secured An
accounts Receivable Financing Facility With American Business Finance Llc Of
edmond, Oklahoma. This Financing Facility Has Been Set Up In Order To Finance
the Fulfillment Of The Purchase Orders royal Spring Water Inc, Received From
its Customers.
mitchell Cohen, Of Jas Commercial Corp., Of East Brunswick, N. J., Which
helped To Facilitate The Transaction, Said "from Our Perspective, It Is The
ability Of Rsws Management Team To Sell Its Products With No Cash Flow
pressure That Will Be An Extra Step In The Companies Growth. It Is Our
intention To Further Assist royal Spring Water Inc., In Expanding This
facility As The Companys Needs Arise."
dave Pendley, Chairman And Ceo Of American Business Finance Llc
(http://www.abfllc.com) Added "we Are Very Choosy With What Companies We
provide These Accounts Receivable Financing Facility, We Chose To Provide
royal Spring Water, Inc., With This Initial Facility After Reviewing There
current Sales Status, And The National Contracts They Are Negotiating At This
time. We Are Very Pleased They Have Accepted Our Offer, And We Are Looking
forward To A Rapid Increase In Their Line Of Credit."
alex Hazan, royal Spring Waters President, "as We Gear Towards Increase
in Our Sales, A Facility Such As This One, Will Continue To Give Us The
flexibility That We Need To Grow The Company, And Allow Us To Achieve Our
aggressive Growth-oriented Plan."
"this Facility Will Be Very Helpful In Funding Our Ongoing Financial Needs
relating To The Acquisition Of Inventory, And The Fulfillment Of The Purchase
orders That We Are Receiving," Said Harel Goldstein, Head Of Worldwide Sales
and Marketing.
About royal Spring Water Inc.
royal Spring Water Inc.,(www.royalspringswater.com) Bottles And
distributes Purified Water From The Artesian Wells Of The "ogallala Aquifer".
the Companys Underground Water Source Has Existed For Millions Of Years, And
is Part Of The "ogallala Aquifer", One Of The Countrys Largest And Best Water
quality Aquifers. This Pure Water From The Artesian Wells Is Already Cold And
free Of Organic Contaminants, Making It Desirable For Drinking. The
state-of-the-art Facility In Hereford, Texas, Is Where Water Is Extracted From
underground Wells, Then Processed Through A Complex Filtration And Bottling
system.
In Addition To Producing High Quality Water, The Facility Allows For The
manufacturing Of Plastic Bottles And Labels Providing A Fully Customized
product For A Very Competitive Price.
About American Business Finance Llc
American Business Finance Is A Privately Owned Accounts Receivable
financing Source Specializing In Providing Cash Flow To Businesses.
American Business Finance Llc (abf) Helps Businesses Get The Cash They Tie
up In Their Accounts Receivable Back Into Their Bank Account, So They Can
continue To Grow Their Sales And Profits.
For More Information http://www.abfllc.com
Cautionary Statement Pursuant To Safe Harbor Provisions Of The Private
securities Litigation Reform Act Of 1995:
This Press Release May Contain Forward-looking Statements, Which Are Made
pursuant To The Safe Harbor Provisions Of The Private Securities Litigation
reform Act Of 1995. Expressions Of Future Goals And Similar Expressions
reflecting Something Other Than Historical Fact Are Intended To Identify
forward-looking Statements, But Are Not The Exclusive Means Of Identifying
such Statements. These Forward-looking Statements Involve A Number Of Risks
and Uncertainties. The Actual Results That The Company Achieves May Differ
materially From Any Forward-looking Statements Due To Such Risks And
uncertainties. The Company Undertakes No Obligations To Revise Or Update Any
forward-looking Statements In Order To Reflect Events Or Circumstances That
may Arise After The Date Of This News Release.
For Further Information Contact:
Maxwell Network Group,
Sheldon Gold/mira Anidjar,
Investment Relations,
1-800-596-5503,
Www.maxwellnetwork.com
source royal Spring Water Inc. |