Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : GWTR-Global Water Tech -- Ignore unavailable to you. Want to Upgrade?

To: Scottoo who wrote (166)	3/3/1999 11:01:00 AM
From: RealTime	Read Replies (1) \| Respond to of 198

WAKE UPPPPPPPPP!!!!!!! HERE"S NEWZZZZZZZZZZ Financial Communications Specialist Firm, Magnum Financial Group, Engaged by Global Water Technologies Inc.; Company Plans to Broaden its Investment Audience GOLDEN, Colo.--(BUSINESS WIRE)--March 3, 1999--Global Water Technologies Inc. (OTC BB:GWTR), a full-service water management company utilizing advanced technologies and engineered solutions to provide process cooling water to industry and municipalities worldwide, Wednesday announced its engagement of Los Angeles-based financial communications specialist Magnum Financial Group, to broaden the company's audience within the investment community and financial media so as to generate interest and participation in the company's publicly traded securities. In a concerted effort by management and Magnum Financial Group, the company plans to broaden its prospective investment audience by stepping up communications with certain segments of the national media, trade publications, and financial media to develop followers for its water technology and management story. To increase exposure and leverage the vast reach of the Internet, management is researching and approaching Web sites that deal with the water industry, the environment and water treatment technology, where the company can be profiled. The primary focus of Magnum Financial Group is taking the company's investment opportunity directly to the retail brokerage and institutional communities with the objective of increasing investor awareness. Simultaneously, Magnum will be communicating with research analysts that track the water management, water treatment and environmental technology sectors, with the goal of encouraging their initiation of published research coverage on Global Water Technologies, which will provide an independent analysis of the company's current and future market value. The analysts' research report is reviewed by brokers, institutional fund managers and individual investors. Magnum's communication programs are very financially oriented and designed to get the client's investment story to the specific audiences suited for the client's story. News releases, fact sheets, corporate profiles and presentations produced by the firm are structured to appeal to financial professionals at various sophistication levels. The firm's approach is structured, disciplined and proven. Commenting on the engagement, George A. Kast, president and chief executive officer of the company, remarked: "Since early 1997, we began aligning ourselves with strategic partners and acquiring technologies to position the company to meet changing industry needs. We have built a company that has demonstrated its ability to compete successfully in the global marketplace. To capitalize on this success and enable us to grow more rapidly, we became a publicly traded company in November 1997. "Confident of our marketing abilities within the industry, we will now also focus on the issue of marketing our public corporation, and we have developed a multi-tiered plan to get our corporate story and investment opportunity out to the public. In engaging Magnum Financial, we have signaled the launch of this campaign. Magnum as a specialist firm was hired to bring our stock price and resulting market capitalization in line with our current and forecasted financial performance, as well as assisting in structuring the company for listing on the Nasdaq Small Cap Market," Kast continued. Magnum Financial principal Steven B. Johnson offered: "We are very pleased to have been selected to represent Global Water Technologies and are certainly privileged to have the opportunity to work with management over the next year. As we too are selective in whom we represent, we feel Global Water Technologies is a truly superb organization in an industry that will soon command the attention of the entire world. "Water is a precious resource -- both to consumers and industry. The company has wisely positioned itself to capitalize on three key segments of the water industry which are now becoming increasingly important and alarming to government and industry alike -- cooling water for industry's engines and massive processing equipment, environmentally safe water purification and reclamation, and residential water service. "Aside from being well positioned, the company has very sound fundamentals and impressive financial performance. Based on historical financial results, estimated 1998 results and management's internal forecasts for 1999, we are of the opinion that the company's stock is significantly undervalued at today's price levels," added Johnson. "We are certain that a more fair market value that better represents the past performance and future potential of the company can be attained in the near term," he concluded. About Magnum Financial Group Los Angeles-based Magnum Financial Group LLC is a financial communications, corporate development and financial advisory firm representing public companies with smaller market capitalizations as well as those companies planning to become public. Magnum is well recognized for its knowledge of the capital markets, communications strategies, and substantial contacts in the investment community.