Puration Inc (PURA)

[GP65]

New PR this morning: "DALLAS , Sept. 4, 2020 /PRNewswire/ -- Puration, Inc.(PURA) today confirmed that a potential deal in the works to sell the company's water purification technology is anticipated to close before the end of September.

Prior to entering into the cannabis marketplace with the acquisition of patented cannabis extraction process licenses, PURA worked in the development of proprietary water purification technologies. PURA's legacy personal water purification product, Filter2Go remains for sale online to include distribution through Amazon.com.

PURA has been approached by a party looking to acquire PURA's legacy water purification assets. The deal under discussion would involve an exchange of stock in a public company for PURA's water purification assets. PURA management would in turn issue the purchase stock to PURA shareholders through a dividend distribution similarly to the dividend distribution underway in conjunction with PURA's recent sale of its cannabis cultivation assets to PAO Group, Inc. (PAOG).

PURA also expects a major announcement next week on the soon anticipated dividend of PAOG stock to PURA shareholders.