Nouveau Life Pharmaceuticals Inc (NOUV)

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NOUV has launched its own disclosure site at www.NOUV-INFO.com.  The site has been designed for NOUV to be able to publish its own financial statements making them easily accessible to the public without otherwise making shareholders suffer the current bureaucratic delays resulting from what we speculate as increased scrutiny on penny stocks market-wide.  The www.NOUV-INFO.com site currently has all NOUV's historical disclosures in addition to relative market and capital structure information, news and management information, and an NOUV stock quotation.  As mentioned above, the delinquent filings have now been updated an publish.

To further work around what has turned out to be the protracted time required to execute a NOUV reverse stock split, NOUV and PURA have alternatively initiated the declaration of a preferred convertible NOUV stock that is intended for immediate distribution to NOUV shareholders.  The preferred stock is to be exchanged for the $1.2 million note.  Specifically, the plan is for there to be 120 million preferred shares at a value of $0.01 each totaling the $1.2 million.  The preferred shares will bear convertible rights to be exchanged for common stock.  Once declared and established, NOUV plans to promptly issue the preferred shares to PURA shareholders in a ratio of 1 NOUV preferred share for every 5 PURA shares held. 

NOUV $10 Million Hemp Cultivation Revenue Target

The NOUV operations are making great strides.  The company has existing conventional nursery operations and transitional cannabis cultivation operations.  In addition to the existing conventional nursery operations, NOUV has 100 acers set aside for commercial hemp cultivation.  Market estimates anticipate hemp cultivation for CBD extraction to generate over $100,000 per acre.  Accordingly, NOUV is targeting $10 million in annual revenue to be generated from the commercial hemp cultivation.

Texas Hemp Rush

The upcoming dividend issuance is more timely than ever now with the recent legalization of hemp farming in Texas pursuant to the Federal legalization of farming under the 2018 Farm Act.  Similar to Village Farms in West Texas, a major tomato farming outfit the produces for H-E-B, Tom Albertsons and Walmart, NOUV is expanding its conventional Texas based nursery operation into a major hemp farming operation.  PURA shareholders are set to profit from the Texas Hemp Rush as NOUV issues common stock to PURA shareholders in the upcoming dividend issuance. 

PURA Speculative Buy Recommendation and $0.25 PPS Target w/Potential to $0.35

Goldman Small Cap Research recently released a new research report recommending PURA as a Speculative BUY with a $0.25 PPS Target.  Goldman Small Cap Research further reports that the shares of PURA "have the potential to reach the $0.35 mark."  The report highlights PURA's growing EVERx CBD Sports Water sales and the coming introduction of new beverages as well as the potential for the company to exceed its 2019 sales targets through the pending doubling of its production capacity and through planned acquisitions.  The report further details recent updates intended to accelerate the issue of Nouveau (NOUV) stock to PURA shareholders in a dividend distribution.  Notably, the report points to the capacity and quality improvements enabled by the addition of a new team member with exceptional beverage industry professional experience.   

See the NOUV alternative disclosure website at  www.NOUV-INFO.com

See the NOUV Research Analyst Report and Independent Fairness Opinion, at www.NOUV-INFO.com/research

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,
[e-mail]
[phone]

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