SOURCE: Omninet Media, Inc.

January 28, 2008 12:11 ET

AQUAGOLD INTERNATIONAL, INC. (OTC: ONMC) Chairman & CEO Featured by EricDavid & Sons as "STRONG BUY!!"

SANTA ANA, CA--(Marketwire - January 28, 2008) - OMNINET MEDIA.COM, INC. (PINKSHEETS: ONMC), soon to be AQUAGOLD International, Inc., today announces that its Chairman & CEO, Mr. Manuel Da Silva has was recently interviewed and subsequently recommended by EricDavid& Sons, a research firm dedicated to evaluating and incubating micro-cap corporations possessing significant growth potential.

To view this interview go to:

Steven Weiss, CEO and SR Market Analyst of EricDavid & Sons, a Plainsboro, NJ-based Financial Public Relations Firm stated that 360 million Chinese are without safe drinking water. According to the China Minister of water Mr. Wang Shucheng, hundreds of thousands of Chinese are affected with various diseases from drinking water that contains too much fluorine, arsenic, sodium sulfate. Ground water under 44 cities in China is polluted. Weiss also stated that the China Department of Tourism also warns outside visitors not to drink the tap water. Even the most elegant hotels in China have to boil their water in order to kill algae and other pollutants.

"After conducting the interview with AQUAGOLD Water convinced me that the Company has a foothold into a Country that desperately needs a mass distribution of fresh clean & healthy water, and I have given the shares a 'STRONG BUY RATING' due to the huge demand for fresh drinking water in China along with the AQUAGOLD connection with the Chinese Government giving the Company excellent potential in becoming a multi million dollar in sales revenue and earnings in the short and long term," stated Weiss.

About AQUAGOLD International, Inc.

"AQUAGOLD" branded premium Canadian Spring Water is presently being shipped into China. In 2005, sales of bottled water in China experienced strong growth of 16% (liters) and 15% (RMB/$) to reach 11.2 billion liters and RMB24.1 billion or $3.17 Billion USD in volume and current value terms. The estimates on AQUAGOLD'S China contract alone exceed $500 Million in revenues, however how much in excess will follow in the near future resulting from ongoing marketing activities such as the upcoming trade show in Shanghai, China over the coming few weeks.

China and the rest of Asia but also through growing market share in each of these markets with a huge opportunity coming when the Chinese Capital City of Beijing will be hosting the 2008 Summer Olympic Games.

Forward-Looking Statements

This news release contains forward-looking statements made by OMNINET MEDIA.COM, INC. in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All such statements included in this press release, other than statements of historical fact, are forward-looking statements. Although Management believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Actual results may differ materially from those indicated by these statements. The following risk factors, among others, could cause actual results to differ materially from those described in any forward-looking statements. These risks and uncertainties include, but are not limited to, economic conditions, changes in the law or regulations, demand for products and services of the company, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward looking statements. Forward-looking statements are typically identified by the words: believe, expect, anticipate, intend, estimate, and similar expressions or which by their nature refer to future events.

Contact Information

  • Company Contact:
    Manuel Da Silva
    AQUAGOLD International, Inc.