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Poseidis Inc.(OTCBB: PSDS) Announces New Land Acquisition
Poseidis Inc.(OTCBB: PSDS) is proud to announce the acquisition of an additional 5.25 ha (565,105.20 sq. ft.) piece of land in order to facilitate the development of its mineral water production unit.
In direct relation to the process of acquisition of a naturally sparkling mineral water source located in the center of France known as La Trolière, Poseidis Inc. decided to extend the existing sanitary perimeter protection of the source by acquiring 5.25 ha (565,105.20 sq.ft.) of bordering land. The enlarged surface will give to Poseidis Inc. the ability to maximize the preservation and integrity of the spring water, thanks to a larger sanitary protection perimeter, and to optimize access possibilities to the production unit as well as the ability to build enlarged storage units.
This new step in our industrial development indicates our purpose to confer to our future production unit the maximum flexibility, as well as extended capacities to match potential growth of the mineral water market worldwide.
MEDIA CONTACT:
Louis Pardo
phone : (877) 455 0568
fax : (419) 793 0481
www.poseidis.us
info@poseidis.us
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This release contains statements that constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended. These statements appear in a number of places in this release and include all statements that are not statements of historical fact regarding the intent, belief or current expectations of the Company, its directors or its officers with respect to, among other things: (i) the Company's financing plans; (ii) trends affecting the Company's financial condition or results of operations; (iii) the Company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words may, would, will, expect, estimate, anticipate, believe, intend, and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties.
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