Seawright Holdings, Inc. (SWRI.OB)

Joel Sens, CEO of Seawright Holdings, Inc., reports that "this is just the first step of multi step process to maximize shareholder value. Our near term goal is to educate shareholders on the intrinsic value of Seawright Holdings shares. We plan on updating shareholders on a regular basis as the company moves forward with its plans which include significantly improving the companies balance sheet."

Seawright Holdings owns Seawright Springs, a natural spring flowing some of America's purest drinking water, located in Virginia's Shenandoah Valley on 144 acres of protected woodlands. The spring produces in excess of 1 million gallons of water a day and is one of the largest sources of natural spring water on the Eastern seaboard. These large water reserves are strategically located within a one-day drive to all of the major cities on the East Coast. According to Sens, Seawright could become a major supplier of high quality potable water to any of these major markets. The price of water is expected to rise exponentially in the next few years and we are pleased to own one of the very few untouched premier sites not only on the East Coast, but in the United States. Seawright Springs produces in excess of 400 million gallons of water annually. Water was first bottled and sold from this unique natural spring in 1890 and was marketed throughout the U.S. Prior to that, it was used by Native Americans who vouched for its healing qualities and by the early explorers and settlers in Virginia.

Seawright (CE) (USOTC:SWRI)
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