Suddenly, BOREAL WATER COLLECTN INC (PINK:BRWC) broke up the loss and hit a phenomenal gain. Yesterday, the stock
jumped up 190% and its traded volume increased. Of course, the reason for the gain is crystal clear – inspiring news and promotions.
The positive news started on Monday when Boreal reported that its gross sales rose by 19% on a strong demand, while net operating loss decreased. Then, yesterday, the company released further good news to encourage traders even more.
According to it, BRWC was expanding its production capability in order to offer more types of functional enhanced waters. Though, this time it was not only the announcement that influenced the stock price.
To support its chart position, along with the hot news BRWC was promoted yesterday for a compensation of $3,000 in total.
Apparently, this move worked out successfully as BRWC immediately got the climb and its traded volume rose up at once. Now, the question is how long the up move will resist.[BANNER]
Boreal Water is a personalized bottled water corporation specialized in providing premium custom bottled water for its customers. Despite its encouraging statements about the company’s financials, the 10-Q report of BRWC doesn’t seem much optimistic.
As of June 30 this year, gross sales of BRWC did increase, though the company’s accumulated deficit exceeded $1 million. Besides, the liabilities of Boreal got much higher than its total assets and the company’s operations were assisted thanks to the proceeds of a private loan.
Considering the other losses and the cash amount pointing $nil, the continued operation of Boreal is highly dependent upon raising sufficient capital to implement its business plan.

