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The following is an excerpt from a SB-2/A SEC Filing, filed by ROYAL SPRING WATER INC on 4/3/2007.
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ROYAL SPRING WATER INC - SB-2/A - 20070403 - PROCEED_USE
US E OF PROCEEDS

The shares of common stock offered by this prospectus are being registered for the account of the selling stockholders named in this prospectus. As a result, all proceeds from the sales of the common stock will go to the selling stockholders and we will not receive any proceeds from the resale of the common stock by the selling stockholders. We will incur all costs associated with this Registration Statement and prospectus.
 
DET E RMINATION OF OFFERING PRICE
 
This prospectus covers the resale by the selling stockholders named in this prospectus of up to 9,745,556 shares of our common stock. The selling stockholders may offer to sell the shares of our common stock being offered in this prospectus at a fixed price of $2.74 per share based on the reported bid and ask price for our common stock on the pink sheets on March 9, 2007.
 
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