The Alkaline Water Company, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

SALES LEASEBACK

SALES LEASEBACK	9 Months Ended
Dec. 31, 2014
SALES LEASEBACK [Text Block]	NOTE 11 - SALES LEASEBACK On April 2, 2014 the Company entered into a sale-leaseback transaction with Water Engineering Solutions LLC, an entity that is controlled and owned by an officer, director and shareholder, for specialized equipment with an original cost of $208,773 acquired in August 2013. Under the terms of the sale leaseback agreement, the Company received proceeds of $188,000 in April 2014 and reduced installation cost in the period July 1, 2014 through December 31, 2014 of $20,773.

SALES LEASEBACK

9 Months Ended

Dec. 31, 2014

NOTE 11 - SALES LEASEBACK

On April 2, 2014 the Company entered into a sale-leaseback transaction with Water Engineering Solutions LLC, an entity that is controlled and owned by an officer, director and shareholder, for specialized equipment with an original cost of $208,773 acquired in August 2013. Under the terms of the sale leaseback agreement, the Company received proceeds of $188,000 in April 2014 and reduced installation cost in the period July 1, 2014 through December 31, 2014 of $20,773.