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Seems unlikely as the cumulative volume in the last 2 days is more than the entire number of outstanding shares. I'm guessing at an average cost of somewhere north of $0.01. A lot of people would have to willing to sell their share at a huge loss for that to happen.
People taking profits; including me. Still plan to hold onto at least 60% though.
Per the 12/10/21 quarterly disclosure the # of outstanding shares is about 1.26 billion; float about 600 mil.
No posts here when pps was rising so I guess I shouldn't be surprised with dearth of posts now.
Nice but still no news in over 3 months. Hopefully that changes soon.
Over 20M on the bid @.0028; $56k+
Jeez; about 26M on the bid. Any new?
CANNABIS HEMP WIRE
CEO Profiles
In-depth interview and analysis with CEO's from the cannabis industry
THE FIRST KING OF CBD?
CEO Profile: Ryan Fishoff, American Premium Water Corporation (OTC:HIPH) by David Hempstein
May 31st, 2019
On a chilly, late spring afternoon in Midtown Manhattan, I am having a coffee with Ryan Fishoff, CEO of American Premium Water. Correction, I was drinking coffee, Mr. Fishoff was drinking water, which was certainly apropos, considering he is leading one the small cap world’s most polarizing CBD beverage companies. Sitting outside with Ryan, as he prefers to be called, in jeans and bomber jacket, I could see the ambition and agitation in his demeanor. Evoking stylistic and behavioral similarities to the fictional Wall Street character Bobby Axelrod, Ryan is constantly glued to his Blackberry, a rare holdout, which is a testament to Ryan’s personality as much as his desire for utility, as he prefers the ease of the keypad over the status symbol of a iPhone. When I mention to him the irony that the head of a company that prides itself as a leading marketer and brander, he immediately smirks, and responds “that perception right there shows the power of branding, and how people’s perceptions have shifted. BlackBerry is a textbook example of how a brand with a great product failed miserably. If this same phone was branded Samsung, it would be a top seller.” It’s a rather astute analysis from the thirty five year old CEO, who is attempting to steer his company to become the “LVMH” of CBD products. Ryan seems fairly confident in his ability to get his company to such a lofty status. Whether he achieves that goal remains to be seen.
Its clear from spending over an hour with Ryan that he does not lack the energy for the position. Although constantly checking his phone and typing away, Ryan exudes a kinetic energy and confidence that would make even the most hardened skeptic a believer in his vision. Growing up in the consumer products space, and being an ardent student of brands, Ryan is well versed in the history of marketing as Mona Lisa Vito is around the history of cars. From our conversation, its clear that his six and half years at CoBe Capital and his time as an analyst at Liz Claiborne left an indelible impact on him that has shaped his vision for American Premium Water. While far from certain he will be successful, Ryan certainly has made a mark in the small cap space, a sector that he unabashedly wants to get out of “I am tired of the stigma associated with the small cap world. I didn’t fully realize it until I got into it two years ago. After going to a number of small cap investor events, I made a promise to myself that I wouldn’t go to anymore of them. To reach the next level we (the company) has to have loftier ambitions. It’s been over a year and I’ve kept that promise to myself. I had the opportunity to go to the Goldman Sachs Retail conference last fall. It felt right being there. Those are the type of events that I want to be presenting at.” Microcap companies don’t get invited to these conferences, and Ryan is quick to point out that he doesn’t intend to be one for much longer, as he is targeting to uplist to the NASDAQ by 2020. The ambition is admirable, but can he be successful in a 18-month window? The ambition is embodied in the Company’s business plan.
Since becoming CEO in the fall of 2017, Ryan has embarked on an ambitious acquisition strategy. First Gents. Then Worthy. Then dabbling into the world of crypto acquiring the FashionCoinX exchange and the minting of the THRD Coin utility token. This was all on top the Company’s existing development of a CBD infused beverage which was launched at Super Bowl 52. The plan at the time was to build all the brands and business to create an offering of luxury consumer products “across different verticals”, a vision that Ryan had been developing since his time at CoBe Capital. “I had seen first hand how private equity firms created economies of scale across all their businesses, a platform. Regardless of the actual product, if there was a common, unifying theme, in this case premium consumer products, it could be bundled up together, and in my first 6-9 months as CEO, this was the vision of the Company that I was trying to build. Then the CBD boom happened.”
Last fall, with legalization taking both US and Canada by storm, the CBD and cannabis industry was booming. It was at that point that Ryan saw the opportunity to pivot and take advantage of the wave. “It became clear to me this was more than a fad. CBD was real and there were so many studies about the power of this compound. One paper that I read equated it to aspirin. I saw the many different applications for it, and I saw the platform we were building could be pivoted towards premium CBD products in different verticals. We had the opportunity to acquire proprietary hydro-nano technology. This was a very special technology that I knew would differentiate the Company. But I didn’t want to stop there. Many companies were selling CBD products in one vertical. There were also great technologies that no one had heard about because the marketing and branding was sub-par. There were no companies in the market that had multiple CBD brands and products under one platform. These observations became the thesis for the company’s change of direction, and after I came to this realization, it was full steam ahead towards becoming the first luxury CBD holding company, akin to LVMH or Kering Group.”
Ryan led American Premium Water on an ambitious acquisition spree, first acquiring the aforementioned IP of the proprietary hydro-nano formulation that increases the bioavailability of CBD contained in the particles. Next the company expanded to cosmetics, striking deals with Canyon Create a holding company of different CBD and non-CBD infused cosmetics. Vanexxe, a cosmetic that eliminates the sight of varicose veins, does not have CBD in it, but there is one in development, along with Prickly Pear, a CBD/CBG compound that tackles acne. The Company also acquired a CBD topical and balm brand called plant + body essentials. Simultaneously, Ryan looked overseas and saw the untapped potential of the CBD market overseas, setting up a sales office in Europe that in addition to landing a distribution deal, has yielded a partnership with Hanlons Brewery to create CBD infused beer using the Company’s technology. They also came to an agreement with Lynne Franks to develop CBD infused female wellness products.
It’s no wonder that Ryan is continuously typing on his BlackBerry. Managing different teams for different brands across different continents is a challenge for even the most seasoned executive. All these acquisitions look good on paper, but when will they start paying off? Ryan certainly has the bravado to execute these deals, but he also responds to questions of his over-arching ambition with a surprising amount of self-awareness “I can understand those that feel that we’re spreading ourselves too thin, expanding too soon into different product categories and continents. It’s a daunting task to execute and accomplish this. We certainly have been a bit slow out of the gate generating revenue, but I am confident that these acquisitions will begin paying off sooner than later. Being public first before having an established business is the nature of the beast. But I do feel that casting a wide net is warranted to plant our proverbial flag and establish ourselves in this growing industry. Market share and real estate are early mover advantages and I don’t want to forgo those at any cost. In the case of CBD, if you build it, they will come.”
The spate of acquisitions hasn’t slowed Ryan down. In addition to overseeing and growing different business segments, Ryan mentions that he’s engaged in other discussions about partnerships and acquisition opportunities for American Premium Water. His drive to “get out of the micro-cap world” is certainly the driving force behind his aggressive 2020 timeline for uplisting to the NASDAQ, a daunting task for any small-cap company. But Ryan seems unfazed, and as I question him about these plans, the fire grows in his eyes. I can’t decide if its blind ambition or the desire to be right as the driving force behind him, but its clear to me that Ryan will not succeed due to lack of effort. On this chilly afternoon, Ryan brought me a bottle of LALPINA CBD to try. It was clear, with a smooth taste that carried with it a hint of CBD. The question remains will the journey for Ryan and American Premium Water be as smooth as the water? Can he navigate the company from being a fledging micro-cap to the NASDAQ? Ryan seems ready for the ride, and it will be entertaining over these next 18 months how the Company will fair.
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CEO profile on Cannabis Hemp Wire.
Late filing notice posted; new date 5/20.
I did read it and it says no such thing even in the IHUB newswire version of the official press release.
Not replying again on this topic.
Just read the official press release and you won't find KG mentioned. Can't answer where your posted version of the press release came from.
That line referring to KG is not in the press release. Apparently added on the KG board only.
Unit price for Vanexxe on Amazon is $49.99.
If they could hit their target of 10, 000 units/month in Asia alone that would be revs of 1/2 million per month, 6 million annually.
How about a trading group, trading between themselves to drive the sp down. Many other possibilities as well I'm sure but there has been some unusual trading in the last week or 2.
If they were dumping shares I don't think they would be doing it in 300 to 1600 share lots.
Must be some group trying to push this down. There were more than 70 sells in volumes of 1600 to 300 on my last buys.
Very strange sells; dozens in a row in increments of 1600 or less.
Company close to announcing one of several distribution agreements in the works.
New CBD waters have considerably more CBD content than current.
Well that was me; been taking some profits on the way up. Have too huge a stake to hold on to it all.
Thanks for that; I apparently missed it.
The speculation on why all the selling is been awful for the apps.
Could this be Cubreth selling his shares?
Thank you for all the great DD you share with the investors on this board. I have been invested in hiph for many years and took a huge loss but continued to average down and it has paid off handsomely. Love current management and the direction they are taking us. In this for the long term.
427k on the bid and just 10 on the ask. Granted the low ask is likely bogus there does seem to be some upward pressure.
Considerable amount of revenue for what some say is a scam; seems to be heading in the right direction.
What DD?
Actually I lost more money than I like to admit but getting out at 4 & 5 is better than 1.
You mean the ones that sold at 3, 4 & 5 like me.
So true; called Harvest Soul myself and they confirmed they are no longer associated.
That does seem to be the one thing not being talked about.
Could BMGP someday get a Gates Foundation grant; yes. Did they get one now; no. Thanks for the pump, sold my stake.
Haven't seen any proof that the Gates Foundation awarded them anything.
Wow if that is true this is golden.
It's all yours I'm done selling.
It's me; I'm getting out.
Take my loses and go home.
Nice to see it's not being taken out but wish there was some news behind it.
Bid at 2, haven't seen that in awhile.
Anything new; seeing bid rise this morning.
Nice to see some volume here just wish there was some news to explain it.