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Outstanding, 52 week high. Need more buyers in here. Nice to get some news here.
Wtf you talking about. Update will be next week on progress of our new product, "sunscreen". Always knew you have a hard time comprehending news, can tell by your post, or your just on a mission for cheaper shares. Which is it?
Wow, out of trips? 001, liken it. Volume will send this soring big time.
KALY - Kali-Extracts Announces Hemp Derived CBD Sunscreen Product For $17 Billion Market
Source: InvestorsHub NewsWire
KALY - Kali-Extracts Announces Hemp Derived CBD Sunscreen Product For $17 Billion Market
Dallas, TX -- April 26, 2019 -- InvestorsHub NewsWire -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) announced today the company has developed a hemp derived CBD sunscreen formula for the $17 billion global sun protection product market. In informal, non-medical, trials of CBD infused lotion, users have reported the CBD formula has proven effective not only for protection from the sun, but relief and repair from sunburn. Next week, management plans to publish an overview of the marketing plan for its hemp derived CBD sunscreen.
To learn more about the company visit https://www.kali-extracts.com/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
CONTACT:
Frederick Ferri
ir@kali-extracts.com
(214) 210-0459
Our Partner,
KALY - Kali-Extracts Announces Hemp Derived CBD Sunscreen Product For $17 Billion Market
Source: InvestorsHub NewsWire
KALY - Kali-Extracts Announces Hemp Derived CBD Sunscreen Product For $17 Billion Market
Dallas, TX -- April 26, 2019 -- InvestorsHub NewsWire -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) announced today the company has developed a hemp derived CBD sunscreen formula for the $17 billion global sun protection product market. In informal, non-medical, trials of CBD infused lotion, users have reported the CBD formula has proven effective not only for protection from the sun, but relief and repair from sunburn. Next week, management plans to publish an overview of the marketing plan for its hemp derived CBD sunscreen.
To learn more about the company visit https://www.kali-extracts.com/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company's actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
CONTACT:
Frederick Ferri
ir@kali-extracts.com
(214) 210-0459
Who said we weren't current? Lol, o we are current.
These fees are current as of today's date of 04/26/2019 07:37 AM but can change based on events occurring on future dates.
Just came out, on news tab, PURA.
Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (KALY) (Market Cap: $16.176M; Share Price: $0.0133) announced recently it has caught up on its Hemp4mula gum production. On April 22, it announced that its Hemp4mula CBD gum is now available for sale on line at USMJ.com. The health and wellness company is set to generate revenue from its patented cannabis extraction technology through overlapping go-to-market strategies. In addition to developing pharmaceutical products, KALY is utilizing is patented cannabis extraction process to develop numerous wellness products.
Puration Inc. (USOTC: PURA) has licensed KALY's patented cannabis extraction processes as the sole licensee for cannabis infused beverages. Today it issued a statement crediting Kali-Extracts’ role in PURA's cannabis beverage sales growth to date and going forward.
Kali, Inc., doing business as Kali-Extracts, Inc., engages in the research and development of cannabis treatments for various illnesses, diseases, and chronic pain as a symptom of various diagnoses. It provides pharmaceuticals, cannabis extracts, and health and wellness products. The company was formerly known as VLOV Inc. and changed its name to Kali, Inc. in February 2016. Kali, Inc. is based in Dallas, Texas. In addition to developing pharmaceutical products internally and through partnerships, KALY is utilizing is patented cannabis extraction process to develop numerous wellness products both internally and through partnerships. The first revenue generating contracts signed in December of 2018 will be reflected in the company's upcoming annual report.
_________
West Coast Venture Group, Corp. (USOTC: WCVC) (Market Cap: $3.037M; Share Price: $0.074) announced recently the company is enjoying continued growth of EVERx CBD Sports Water since introducing the beverage in its Illegal Burger restaurants in February 2019. In March, WCVC placed its third restock order this year. EVERx CBD Sports Water is produced by Puration, Inc. (USOTC: PURA) (Market Cap: $44.510M; Share Price: $0.07804). West Coast Ventures Group Corp. owns and operates casual restaurants. It operates five restaurants in the Denver, Colorado metro area. The company is based in Arvada, Colorado. It owns and operates two contemporary restaurant concepts: Illegal Burger, a quick-casual burger + bar concept, and El Señor Sol, a full-service fresh Mexican restaurant (6 total restaurant locations in the Denver, Colorado area). Recently, it announced that the company's Illegal Burger Restaurants in Denver will launch the all new Illegal CBD Infused Burger Bowl in conjunction with the 420 celebration.
Puration, Inc. engages in the design, development, production, marketing, and distribution of personal or individual water purification products. The company's personal water filtration systems include personal water filter bottles, sports bottles, collapsible water pouches, portable purification devices, portable biological filtration devices, replacement filters, and travel filters.
_________
Signed by
Priyanka Goel, CFA
Just out on news.
Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (KALY) (Market Cap: $16.176M; Share Price: $0.0133) announced recently it has caught up on its Hemp4mula gum production. On April 22, it announced that its Hemp4mula CBD gum is now available for sale on line at USMJ.com. The health and wellness company is set to generate revenue from its patented cannabis extraction technology through overlapping go-to-market strategies. In addition to developing pharmaceutical products, KALY is utilizing is patented cannabis extraction process to develop numerous wellness products.
Puration Inc. (USOTC: PURA) has licensed KALY's patented cannabis extraction processes as the sole licensee for cannabis infused beverages. Today it issued a statement crediting Kali-Extracts’ role in PURA's cannabis beverage sales growth to date and going forward.
Kali, Inc., doing business as Kali-Extracts, Inc., engages in the research and development of cannabis treatments for various illnesses, diseases, and chronic pain as a symptom of various diagnoses. It provides pharmaceuticals, cannabis extracts, and health and wellness products. The company was formerly known as VLOV Inc. and changed its name to Kali, Inc. in February 2016. Kali, Inc. is based in Dallas, Texas. In addition to developing pharmaceutical products internally and through partnerships, KALY is utilizing is patented cannabis extraction process to develop numerous wellness products both internally and through partnerships. The first revenue generating contracts signed in December of 2018 will be reflected in the company's upcoming annual report.
_________
West Coast Venture Group, Corp. (USOTC: WCVC) (Market Cap: $3.037M; Share Price: $0.074) announced recently the company is enjoying continued growth of EVERx CBD Sports Water since introducing the beverage in its Illegal Burger restaurants in February 2019. In March, WCVC placed its third restock order this year. EVERx CBD Sports Water is produced by Puration, Inc. (USOTC: PURA) (Market Cap: $44.510M; Share Price: $0.07804). West Coast Ventures Group Corp. owns and operates casual restaurants. It operates five restaurants in the Denver, Colorado metro area. The company is based in Arvada, Colorado. It owns and operates two contemporary restaurant concepts: Illegal Burger, a quick-casual burger + bar concept, and El Señor Sol, a full-service fresh Mexican restaurant (6 total restaurant locations in the Denver, Colorado area). Recently, it announced that the company's Illegal Burger Restaurants in Denver will launch the all new Illegal CBD Infused Burger Bowl in conjunction with the 420 celebration.
Puration, Inc. engages in the design, development, production, marketing, and distribution of personal or individual water purification products. The company's personal water filtration systems include personal water filter bottles, sports bottles, collapsible water pouches, portable purification devices, portable biological filtration devices, replacement filters, and travel filters.
_________
Signed by
Priyanka Goel, CFA
Looks like Kaly ready for take off. Nice buys hitting
Lol, really? Again what are you looking at? Looks like its going sideways to me, and in the green. Lmfao
This news piece you can find on ALYI board under their news tab. NOUV is getting bigger everyday. People need to dig, doing DD on all companies involved. Pura, Kaly, and others.
ALYI Hemp Lithium Military And Quarter Of A Million Dollars In 2018 Sales
The African Strategy is just one of ALYI’s initiatives. ALYI continues with its existing initiatives to improve the efficacy of the prevalent use of lithium as a material for batteries. ALYI also continues with its current initiatives to have hemp utilized as a better resource for energy storage than lithium or other currently utilized materials. ALYI’s recent partnership with Nouveau (USOTC: NOUV) to build a hemp cultivation facility in New York State is well underway. ALYI continues with its existing energy storage innovation efforts in the military sector. In fact, ALYI just filed its 2018 annual financial statement reporting a quarter of a million dollars generating from consulting revenue in the military sector. The African Strategy outlined herein, is a major step forward that both compliments and enhances the company’s other initiatives. The African Strategy is not the company’s only major new project in the works. Look for a lithium sector related acquisition development in the works to soon be disclosed.
Look at the 1 year chart bud. Its moving up. Wtf are you looking at?
PURA does not own Kaly. They are partners and nouv is partner also.
Think you better go way back on the news button and look at all PURA, Kaly news, while your at it look at ALYI also.
Lol, where do you think they are getting their hemp from??? My goodness... Lol cracks me up. PURA, Kaly and NOUV are partners under USCH... Nouv is the hemp provider cultivator, Kaly is the extraction for the hemp and PURA is the water. Where do you get so misinformed. You really didn't know this? NOUV is in Canada, NY and Texas...
Oh but they do all the time. Check other boards, Kaly, pura, Alyi, and a couple others. NOUV is mentioned on most of their PRs. NOUV is huge, NY, Cananda, Texas. Better keep up on nouv partners. Were good here imo.
Lmfao, yeah right. That's a he'll of a statement with no factual proof. Can't you make something different up. I know you can, that statement is getting worn out..
I'm looking for a huge buyout for USCH and ACI. Think about this, look at the manipulation of price on all theses plays. MMs are holding all of them down imo at a price affordable for a buyout. There's so much in progress medical and commercial. I'm sure very soon all will be brought from a huge company. Everything is set up from land, cultivating, exstraction, beverages, food and medicine. This is my opinion, when filings come, and product is in the ground, offers start to hit. Only my opinion, have you. Makes sence to me.
KALY Announces A New Step Forward For Its Cannabis Extraction Lab
Dallas, TX -- March 26, 2019 -- InvestorsHub NewsWire -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today announced that the State of Texas plans to remove hemp as a controlled substance next week conjunction with the United States 2018 Farm Act is just the type of market condition management is looking for to support the implantation of the previously announced cannabis extraction lab to be dedicated to the 100 acre hemp farm to be operated by partner Nouveau (USOTC: NOUV) in Texas. KALY and NOUV plan to partner on the development of a proprietary hemp cultivar dedicated to the advancement of KALY’s pharmaceutical extract developments. The continuing liberalization of cannabis laws such as the hemp removal as a controlled substance in Texas, supports the work KALY is advancing.
KALY Announces A New Step Forward For Its Cannabis Extraction Lab
Dallas, TX -- March 26, 2019 -- InvestorsHub NewsWire -- Kali-Extracts, Inc. (Kali, Inc. dba/Kali-Extracts, Inc.) (USOTC: KALY) (“KALY”) today announced that the State of Texas plans to remove hemp as a controlled substance next week conjunction with the United States 2018 Farm Act is just the type of market condition management is looking for to support the implantation of the previously announced cannabis extraction lab to be dedicated to the 100 acre hemp farm to be operated by partner Nouveau (USOTC: NOUV) in Texas. KALY and NOUV plan to partner on the development of a proprietary hemp cultivar dedicated to the advancement of KALY’s pharmaceutical extract developments. The continuing liberalization of cannabis laws such as the hemp removal as a controlled substance in Texas, supports the work KALY is advancing.
Thank you, NOUV I'm sure is all over this...
Herre comes NOUV, oh boy. Its getting way better. Kaly exstration being done on NOUV FARM...LOL HERE WE GO FOLKS.
https://www.texastribune.org/2019/04/23/texas-house-approval-industrial-hemp-hb-1325/
Patent good till 2023, oh boy. To the moon, Owning Kaly. MMs continue to try to beat this down, an it working. WHY? Cause its real, and going to be on the top with their expertice in the EXTRACTION PROCESS. Best product with high concentrations. Don't see that in any other Exstractor. 25mgs CBD, and being used medically, beat it.
Lol, love the facts.
This is NOUV hemp... Its going to only get better. Hang tight, get in low, hits the 6s, we see 7s and 8s today. Don't let the MMs play their games.
PURA Credits Kali-Extracts (USOTC: KALY) Instrumental Role In Cannabis Beverage Sales Growth
Source: InvestorsHub NewsWire
PURA Credits Kali-Extracts (USOTC: KALY) Instrumental Role In Cannabis Beverage Sales Growth
Dallas, TX -- April 24, 2019 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC: PURA) (“PURA”) today issued a statement crediting Kali-Extracts (USOTC: KALY) role in PURA’s cannabis beverage sales growth to date and going forward. PURA yesterday released a management presentation offering detail and insight into the company’s recently published 2018 financial statement and plans for ongoing growth in 2019. In its 2018 financial statement, the company reported over $1.2 million in revenue for year-end December 31, 2018 with over $500,000 in net profit. The 2018 revenue grew 350% compared to 2017. The company’s primary business is producing cannabis beverages. PURA has licensed KALY’s patented cannabis extraction processes as the sole licensee for cannabis infused beverages. “The KALY patented extraction process has empowered PURA to have what we believe to be the most clear CBD infused beverage on the market with the best taste and the most consistent level of CBD,” said PURA CEO Brian Shibley. “Working closely with KALY today is enabling us to rapidly diversify our cannabis sector beverage offerings and we expect this diversification to substantially contribute to continued rapid sales growth in 2019.” The management presentation regarding PURA’s 2018 growth and plans for 2019 is included in its entirety below:
Puration Overview
PURA is the sole licensee of a patented cannabis extraction process for the purposes of infusing cannabis extracts into beverages. The company introduced its first beverage, EVERx CBD Sports Water, in 2017. The company has since introduced additional cannabis sector beverages and initiated pilot sales and marketing programs. The 2018 financial statement represents a major achievement with PURA realizing over $1 million in sales. The company reported over $1.2 million in revenue for year-end December 31, 2018 with over $500,000 in net profit.
2019 Cannabis Beverage Sales Outlook
In addition to its ongoing and growing sales of EVERx CBD Sports Water, PURA has recently announced an order worth over $1.5 million to produce a private labeled CBD water. PURA has worked with the owner of the patented extraction process which PURA has licensed for producing cannabis infused beverages, to produce a higher concentrate CBD water for the private label customer. PURA management anticipates the pilot sales of its new cannabis sector beverages to gain traction later this year and make meaningful contributions to PURA’s 2019 revenue growth.
Production Capacity Increase
With the growing sales has come pressure on PURA’s current beverage production capacity. Among other production constraint issues, PURA has been slow to deliver on direct sales from the company’s Ecommerce sales on USMJ.com (USMJ.com is a cannabis sector Ecommerce site delivered by North American Cannabis Holdings, Inc. [USOTC: USMJ]). PURA is working closely with the company’s co-packer/partner Alkame Holdings, (USOTC: ALKM) to expand production capacity and keep up with PURA’s growing sales.
2019 Target Sales
Management plans to soon publish its sales targets for 2019. The company wants to first finalize its production capacity enhancement plans in addition to further refining its estimates for sales of its new beverage products. Look for a management to publish 2019 sales targets within the first week of May.
For more information on Puration, visit http://www.purationinc.com
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
Lol, they will.... Right now their product from their patent exstration process is far better and more potent than their competitions. Lmao, I see a high merge or buyout comming soon. Hang tight all, its going to get real good around here. Just a matter of time.
Whatever the movement forward maybe. All I know is they are moving forward with extraction, and better product then most as far as extraction goes. Kaly is going to be one to be reckoned with in the extraction business. Medically and commercial. Mark it.
Old news but says a lot.
PURA Announces Home-Grown Hemp For EVERx In Deal With KALY and NOUV
Dallas, TX – January 24, 2019 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC: PURA) (“PURA”) today announced a home-grown source of hemp for its CBD extractions to go into its EVERx CBD Sports Water. PURA has partnered with Nouveau, Inc. (USOTC: NOUV) and Kali-Extracts (USOTC: KALY) to source CBD from NOUV’s hemp cultivation operation and KALY’s proprietary extraction process. “I had my cowboy boots on the ground yesterday, walking the 100 acers of already irrigated land where NOUV will soon plant hemp now that hemp farming has been legalized in the United States under the 2018 Farm Act,” said Brian Shibley, CEO of PURA. “NOUV already has staff and operations in place with an extensive 25 greenhouse traditional nursery operation generating revenue and paving the way forward future cannabis cultivation.” KALY and NOUV have already entered into a partnership to grow and extract on the 100 acers and now PURA will get first dibs on the CBD extract. “In addition to our deal with NOUV and KALY, we are also talking with our EVERx co-packer, Alkame Holdings, about an additional hemp cultivation operation near Alkame’s bottling facilities to include another KALY extraction facility actually within Alkame’s plant.” Alkame Holdings, Inc. (USOTC: ALKM) is a longtime co-packer partner of PURA for PURA’s EVERx and Telluride Happy Water beverages.
PURA recently announced doubling its EVERx CBD Sports Water Production schedule in reaction to December and January retail sales. After delivering on a record number of wholesale orders in December, PURA is already receiving re-orders in mid-January. One distributor reported selling out of its inventory and doubling the size of its next order. Brian Shibley, CEO of Puration remarked, “The company has set a goal of $5 million in annual sales for 2019 and these first retail sales reports redouble confidence in our sales goals.”
Old news but covers a lot
PURA Announces Home-Grown Hemp For EVERx In Deal With KALY and NOUV
Dallas, TX – January 24, 2019 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC: PURA) (“PURA”) today announced a home-grown source of hemp for its CBD extractions to go into its EVERx CBD Sports Water. PURA has partnered with Nouveau, Inc. (USOTC: NOUV) and Kali-Extracts (USOTC: KALY) to source CBD from NOUV’s hemp cultivation operation and KALY’s proprietary extraction process. “I had my cowboy boots on the ground yesterday, walking the 100 acers of already irrigated land where NOUV will soon plant hemp now that hemp farming has been legalized in the United States under the 2018 Farm Act,” said Brian Shibley, CEO of PURA. “NOUV already has staff and operations in place with an extensive 25 greenhouse traditional nursery operation generating revenue and paving the way forward future cannabis cultivation.” KALY and NOUV have already entered into a partnership to grow and extract on the 100 acers and now PURA will get first dibs on the CBD extract. “In addition to our deal with NOUV and KALY, we are also talking with our EVERx co-packer, Alkame Holdings, about an additional hemp cultivation operation near Alkame’s bottling facilities to include another KALY extraction facility actually within Alkame’s plant.” Alkame Holdings, Inc. (USOTC: ALKM) is a longtime co-packer partner of PURA for PURA’s EVERx and Telluride Happy Water beverages.
PURA recently announced doubling its EVERx CBD Sports Water Production schedule in reaction to December and January retail sales. After delivering on a record number of wholesale orders in December, PURA is already receiving re-orders in mid-January. One distributor reported selling out of its inventory and doubling the size of its next order. Brian Shibley, CEO of Puration remarked, “The company has set a goal of $5 million in annual sales for 2019 and these first retail sales reports redouble confidence in our sales goals.”
This really doesn't tell you much. As far as I seen its been legalized, and in this artical says its on shelves in stores. They are looking for their take on it, but they already legalized hemp. I'm sure there's farms that already planted or are getting ready too. Plus nouv already is in Canada, been there all along, plus now in NY with progress with Alyi. It to me is up in the air as to NOUV not already planting, I would lean to think they are moving forward and at the same time planting while in the mist of pursuing a licence, " the requierment," they need to plant since its legal. Just my opinion. Why wait, there was a or awhile back where the CEO had " boots on the ground" and it was stated the acres were prepared and ready to work. Imo, they already planted is my guess. Lets hope we see a PR soon here about it.
I'm a little confused with this statement. The 100 acre farm is already a nursery, I'm sure already has a Busniess licence, it use to be used for growing products for Home depot and Lowe's according to a recent PR I saw somewhere. Hemp is legal, they should be able to start their planting if they haven't already. I'm sure they have some kind of licence already in place. What licence is required I have no clue, could you explain the licence needed and post the information about it. I tried to look it up but don't see a different requirement for growing hemp, compared to what they are required to grow as a regular nursery.
PURA will rebound up today...
BS.... They have their own patent Exstractor. Fact.
PURA - Cannabis Beverage Producer Reports Exceeding $1 Million Sales Benchmark
Source: InvestorsHub NewsWire
PURA – Cannabis Beverage Producer Reports Exceeding $1 Million Sales Benchmark
Dallas, TX -- April 22, 2019 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC: PURA) (“PURA”) today released a management presentation offering detail and insight into the company’s recently published 2018 financial statement and plans for ongoing growth in 2019. In its 2018 financial statement, the company reported over $1.2 million in revenue for year-end December 31, 2018 with over $500,000 in net profit. The 2018 revenue grew 350% compared to 2017. The company’s primary business is producing cannabis beverages. The management presentation is included in its entirety below:
Puration Overview
PURA is the sole licensee of a patented cannabis extraction process for the purposes of infusing cannabis extracts into beverages. The company introduced its first beverage, EVERx CBD Sports Water, in 2017. The company has since introduced additional cannabis sector beverages and initiated pilot sales and marketing programs. The 2018 financial statement represents a major achievement with PURA realizing over $1 million in sales. The company reported over $1.2 million in revenue for year-end December 31, 2018 with over $500,000 in net profit.
2019 Cannabis Beverage Sales Outlook
In addition to its ongoing and growing sales of EVERx CBD Sports Water, PURA has recently announced an order worth over $1.5 million to produce a private labeled CBD water. PURA has worked with the owner of the patented extraction process which PURA has licensed for producing cannabis infused beverages, to produce a higher concentrate CBD water for the private label customer. PURA management anticipates the pilot sales of its new cannabis sector beverages to gain traction later this year and make meaningful contributions to PURA’s 2019 revenue growth.
Production Capacity Increase
With the growing sales has come pressure on PURA’s current beverage production capacity. Among other production constraint issues, PURA has been slow to deliver on direct sales from the company’s Ecommerce sales on USMJ.com (USMJ.com is a cannabis sector Ecommerce site delivered by North American Cannabis Holdings, Inc. [USOTC: USMJ]). PURA is working closely with the company’s co-packer/partner Alkame Holdings, (USOTC: ALKM) to expand production capacity and keep up with PURA’s growing sales.
2019 Target Sales
Management plans to soon publish its sales targets for 2019. The company wants to first finalize its production capacity enhancement plans in addition to further refining its estimates for sales of its new beverage products. Look for a management to publish 2019 sales targets within the first week of May.
For more information on Puration, visit http://www.purationinc.com
Disclaimer/Safe Harbor:
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350
Why Puration Inc (OTCMKTS: PURA) Is Rated A Buy
Source: InvestorsHub NewsWire
Why Puration Inc (OTCMKTS: PURA) Is Rated A Buy
?
April 22, 2019 -- InvestorsHub NewsWire -- By Jim Bloom -- Posted on April 18, 2019 Record-breaking sales growth could as well be the catalyst that will reinvigorate Puration Inc(OTCMKTS: PURA) market sentiments and prospects. The company reporting 350% year-over-year growth in sales underscores underlying growth that should continue to affirm long-term prospects.
PURA CATALYSTS AND SHARE PRICE ANALYSIS
A confirmation that the company is increasingly outgrowing its production capacity also looks set to prop the stock’s market sentiments. The company has also confirmed plans to expand its bottling plant capacity as it moves to innovate new beverages to cater to growing market demand.
In March, Puration signed new product orders paving the way for the company to attain its $5 million revenue goal. Growing demand from notable and substantial distributors also points to what could turn out to be another record-breaking year on sales growth.
While recent developments reflect a company in a phase of robust growth, the stock price is yet to reflect the same. The stock price has been in consolidation mode after a plunge from highs of $0.20 late last year.
?
Puration has since resorted to trading in a tight trading range of between $0.13 and $0.07 a share. The $0.07 mark has emerged as a critical support level from where the stock has continued to bounce back on pullbacks. Above the critical technical level, the stock remains well positioned to make a run for 52-week highs of $0.25.
Conversely, a violation of the critical support level could result in the acceleration of the sell-off wave plunging the stock back to 52-week lows.
However, Puration remains well supported for further upside action given the solid underlying fundamentals that affirm the company’s growth metrics and long-term prospects.
WHAT DOES PURATION DO?
Puration is a company engaged in the development, production, and distribution of water purification products. Its flagship purification systems include personal water filter bottles as well as sports bottles and collapsible water pouches. EVERx CBD Sports, is the company’s lead CBD infused beverage, that continues to account for most of the sales.
RECORD REVENUES
Puration is a potential breakout play after delivering record sales numbers for 2018. The financial statement indicates the company generated $1.2 million in revenue, representing a 350% year over year increase. Net profit for the full year totaled $500,000.
The company attributes revenue growth to strong demand for the EVERx CBD Sports beverage. The management is projecting another record-breaking year thanks to a strategic partnership with Kali Extracts, expected to lead to further beverage diversification.
Puration has also confirmed it is working closely with Alkane Holdings to expand its production capacity as it seeks to keep up with the growing demand. The company has also inked a strategic alliance with North American Cannabis Holdings to expand distribution channels as it seeks to accelerate sales growth and meet wholesale demand.
INCREASING PRODUCTION CAPACITY
Growing demand for the company’s flagship EVERx CBD reports Water has prompted Puration to move and increase its production capacity. Chief Executive Officer Brian Shibley has confirmed plans to acquire the company’s current bottler. The acquisition will result in the expansion of the bottler’s production capacity to address growing demand.
“As we continue to innovate new beverages, a key bottling partner or in-house capacity it’s essential. Be it an acquisition or a new build out, the plan will be finalized this month, and we will proceed quickly to expand production capacity one way or another,” explained Mr. Shibley.
In addition to pursuing acquisition to strengthen production capacity further and grow market share, Puration is slowly becoming an acquisition target for other companies. The Chief Executive has confirmed growing interest from a beverage industry player and one from a competitor. The acquisition charter could go a long way in propping the stock’s sentiments in the market.
BOTTOM LINE
Puration share price does not reflect the company’s tremendous potential in view of recent developments and long-term prospects. As it stands, the stock is a potential bounce-back play as underlying fundamentals, and recent developments look set to strengthen the stock’s market sentiments.
Goldman Small Cap Research cap initiating coverage of the stock with a ‘buy’ rating all but underscores Puration potential bounce back on investors taking note. The equity firm maintains a $0.25 share price target with a noted potential upside of $0.35.
Puration is an exciting cannabis play as it is currently trading at a discount with tremendous potential to edge higher.
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Disclosure: We have no position in PURA and have not been compensated for this article.
Original Source: https://insiderfinancial.com/puration-inc-otcmktspura-rated-buy
SOURCE: Jim Bloom
Lol, they are saying it. Their looking at aquiering. Do you understand what it takes to do a aquisistion contract, there's a lot to cover, legalities. Its not like they just sign the one company over to an other in a month. Contracts need to be drawn up in agreements with both companies, and reviewed by corporate lawyers.. Saying end of month is the norm Imo.
Lol, the stories made up on here. Did the cartel tell you they are going to make CBD by the drum loads.. Lmfao... Yeah and were going to let them roll them drums right across the boarder too. Lol my goodness.
This is one incident in NY. They say FDA is asking them not to use CBD. Their not getting shut down, and the funny thing here is now instead of butting it into their foods or drinks, their selling it straight out to them so they can use it at home for their own consumption. It looks as though the FDA want their cut in $$$$. Basically they are asking restaurants, not to use it because its not regulated. Nothing bad, they just want to make bucks off it, they are missing out on their cut cause they can't regulate it fast enough, oh it did say they want to legalize it also. Just a bump in the road that will me filled in very shortly, CBD will be fully legalized very soon, no doubt.
Again thanks for the artical. I seen this, this one doesn't state the difference between pot and Hemp. Pot in foods I read may get you queezi, specially if you don't know its in the food. CBD doesn't get you queezi. All their saying here again is they don't know the effects CBD does for the body, they say different people have different results from CBD. Its known they want to regulate it to be efficient and keep the THC levels under controlled, but all this cracking down on it will seace to happen. They can't keep up with it now. I hope they can get it regulated, and I'm sure they will find it benificial for human consumption. Right now all fifty states have legalized hemp, so I'm sure CBD will follow, plus there's only a couple noted states that are really pursuing this, the reason they are,,,,$$$$$. People consume CBD all the time, its been consumed for centerys, never heard of any negative results from it, or killing anybody.
Who wrote this? Looks like a specutive comment from Ihub board. And what does it prove? Absolutely nothing.