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Microcap & Penny Stocks : Aqua 1 Beverage - V.AQB on the Vancouver Exch. -- Ignore unavailable to you. Want to Upgrade?

To: bobgh who wrote (431)	5/26/1999 4:04:00 PM
From: zonkie	Read Replies (1) \| Respond to of 453

Here's the release. _________________________Press Release Contact: Stuart Lew Aqua 1 Beverage Company, Inc. Suite 102 3820 Jacombs Road Richmond, B.C.V6V 1Y6 Telephone: (604)273-9449 Fax: (604)273-9443 Glossary "ContactInfo" For Release 10:00 AM PST May 20, 1999AQUA 1 Products: Market Update AQUA 1 Beverage Company regrets to announce that its contract signed with Rica Industrial for the distribution of AQUA 1 products into China may not be realized due to unforeseen delays. Other opportunities are continuing to be developed in China and other Asian markets for AQUA 1 products. Red Rock Distribution, the potential distributor in Colorado which indicated to AQUA 1 that it was pre-booking orders for AQUA 1's SuperCharge nutritional beverage with its customers in Colorado, Texas, New Mexico, Arizona, Utah, Wyoming, Nebraska and Kansas will not be placing a purchase order with AQUA 1 as it was unable to generate orders for the product. AQUA 1's Taiwan customer, YA Co, continues to regularly re-order SuperCharge and has indicated that the market for SuperCharge in Taiwan is growing and that they will be promoting the brand to further increase sales. Tug Hill Water, AQUA 1's distributor in the northeastern U.S. has failed to meet its obligations of the contract with AQUA 1 and did not properly fund the product launch and ongoing promotional activity to achieve the sales goals stated in the contract. AQUA 1 has decided to terminate the contract and seek other distribution opportunities in the northeastern U.S. U.S. Securities Exemption CUSIP Number 82-0383A109 The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.