Alkame Holdings Inc (ALKM)

[Shrimclim]

Alkame Holdings Inc. shareholder update December 22, 2023

I found this posted on FB:

"In light of our recent OTC status change, we wanted to address this with our shareholders and provide some much-needed information. With the several changes we made this year, we have had to do a lot of back-end work to get caught up on multiple fronts, and we do expect to have all filings posted to OTC early in the 1st quarter of 2024. They are coming.

In 2023 we closed our Salem facility for reconstruction and relied heavily on our Gervais facility to sustain both locations. While this was both time-consuming and extremely costly, we made significant advances in both clientele and productivity in Gervais and were able to sustain support for the reconstruction in Salem.

This strategic move combines all operations under one roof to enable massive cost reductions, both through construction of an extremely diverse production line, as well as a large reduction in overhead, improving in several key areas and allowing us to capture more opportunities for additional food and beverage product types.

We will see a massive reduction in fuel costs by moving from diesel to natural gas, and a significantly smaller energy efficient boiler. The big driver will be a significantly increased product throughput from upgrades into greater automation, while utilizing less labor.

The move, which occurred in stages, began last year and had taken longer than expected to become operational due to unexpected delays and complications. All certifications and compliance have finally been completed and our Grand Re-opening is January 2nd, 2024. West Coast

Copacker, Inc.’s new manufacturing space in Salem is now operational and continues to be our catalyst for growth.

The company is both excited to resume and confident that its subsidiary’s progress will lend itself to greater achievement of far more significant milestones.

We are very positive about our outlook for the upcoming year."