Cabo Verde Capital Inc (CAPV)

Description:

Watair Inc. was incorporated under the laws of the State of Washington on August 17, 2000 and has been a reporting issuer with the United States Securities and Exchange Commission since November 2000. On October 3, 2006, the Company changed its name to Wataire International, Inc. Previously, on August 26, 2003, the Company had changed its name from Corporate Development and Innovation, Inc. to Cimbix Corporation. The Company markets and distributes atmospheric water generator machines. It also owns all of the intellectual property relating to a water treatment process and devices for water-from-air machines. The Company's business plan is to fully exploit its products and technology by marketing and distributing its commercial and home/office water generation machines as well as their under- the-counter/over-the-counter units, and the water-producing greenhouse. Water purification and bottled water industries are highly competitive. According to past internal research, there were possibly nine entities experimenting with the technology of water generation, of which two or three were direct active competitors. Regulation by government authorities in the United States, Canada and foreign countries might be a factor in the development, manufacture and marketing of its products and in its research and product development activities.