on The Alkaline Water Company Inc (NASDAQ:WTER)
The Alkaline Water Company Completes Convertible Notes Cancellation
The Alkaline Water Company Inc. announced the completion of the cancellation of all its Convertible Notes, known as Debt Cancellation. This move aims to strengthen the company's balance sheet and equity structure. The company anticipates that this cancellation will positively impact its application for an OTCQB listing, addressing previous comments from OTC Markets. The company plans to reapply soon.
This strategic decision is part of the company's broader efforts for uplisting and enhancing shareholder value. The company expects to make further announcements in the coming weeks to continue its growth trajectory.
R. P.
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