American Premium
Water Corp (OTC:HIPH)
Reaffirms $1million Fiscal Year Revenue Guidance for
2019
Sales
initiatives and partnerships have already begun to generate revenue
for the Company; outlook strong for 2nd
half
of the year
PLAYA
VISTA, CA -- August 7, 2019 -- InvestorsHub NewsWire
-- American Premium
Water Corporation (OTC:
HIPH) ("the Company") announces that it is reaffirming its
$1 million revenue guidance for fiscal year 2019. The projection is
based on existing orders and future orders in the Company's
pipeline from its LALPINA CBD water, partnerships and co-branded
product leveraging the Company's proprietary Hydro-Nano technology,
expanded distribution of Vanexxe,
and other initiatives in the pipeline; a more comprehensive
breakdown:
-
Two-Container
Order: the Company
received a two-container order from a distributor in the UK. The
Company has begun delivery of order
-
US
Distributors: the Company is in discussions with distributors in
New York, New Jersey, Pennsylvania, Florida, California, Missouri,
Nevada, Arizona and Oklahoma.
-
International
Distribution: The Company is engaged in discussion with
distributors in Mexico, Columbia, Australia, and
Thailand
-
CBD Pet
Water: The Company's joint venture with LinkRes
Pets is
slated to launch for sale this August
-
Hanlons
Brewery:
the Company is finalizing testing with Hanlons
Brewery
and is looking to roll-out the CBD infused beer by the start of the
4th
quarter
-
THC
Formulation: the Company is looking to launch its THC version of
its proprietary Hydro Nano formulation by the end of this year in
California
-
Vanexxe:
the Company is in discussions with several big box retailers for
retail and e-commerce distribution.
-
Partnerships and JVs:
the Company has been engaged working with other partners on
marketing, branding, and distribution in the CBD and non-CBD
sectors.
American
Premium Water Corporation CEO Ryan Fishoff commented "The Company
is confident that it will
achieve its
$1million
revenue
guidance for the year. Our goal is to
surpass this number and I believe we are on track to accomplish
this. Despite
the
volatility in the
market, nothing has changed; the Company
remains
committed to executing its business plan and achieving short and
long term benchmarks. We have begun
the two year
audit
with Weinberg & Co. and are working towards
becoming
fully
reporting by the end of the year. There is a lot
in the
pipeline; management is working feverishly to get all these
initiatives off the ground as investments that
the Company has made in acquisitions, intellectual capital, and
products are beginning to pay off. Aside from everything
that's been discussed in the public domain, there are other
partnership and acquisition discussions that are currently
underway. It's a very exciting time for the Company;
as progress is made, I look forward to updating shareholders
on
developments as soon as I'm able to."
LALPINA
CBD water can now be purchase online at visiting
https://www.singleseed.com/product/lalpina-cbd-water-6-pack/
The
Company was recently given a short-term price target of $0.05-$0.06
by Ludlow Research. To read full report, risks, and
disclosures, click
here
About
American Premium Water Corp.
American
Premium Water (OTC:
HIPH) is a diversified luxury consumer products company focused
on businesses in the health and beauty and biotech sectors. The
company is focused on harnessing the powers of hydrogen and Nano
technologies paired without cannabidiol (CBD) to treat health
disorders and enhance quality of life. This business model aims to
market emerging fashion brands by leveraging classic retail
partners and incorporating disruptive blockchain technologies to
expand the retail footprint. The company's portfolio includes the
LALPINA Hydro and LALPINA CBD brands (www.lalpinahydrocbd.com),
Gents (www.gentsco.com),
Vanexxe
(www.vanexxe.com)
and
plant +
body essentials (www.plantbodyessentials.com).
American
Premium Water strives in providing only the highest quality CBD
sources for its
products,
with quality control being one of our first and foremost
focuses. The Company
aims
for this
standard not only for compliance reasons, but also to provide our
customers the highest quality product possible.
Safe Harbor Notice
Certain
statements contained herein are "forward-looking statements" (as
defined in the Private Securities Litigation Reform Act of 1995).
American Premium Water Corporation cautions that statements made in
this news release constitute forward-looking statements and makes
no guarantee of future performance. Forward-looking statements are
based on estimates and opinions of management at the time
statements are made. These statements may address issues that
involve significant risks, uncertainties, estimates and assumptions
made by management. Actual results could differ materially from
current projections or implied results. American Premium Water
Corporation undertakes no obligation to revise these statements
following the date of this news release. Additional details
of the Company's business can be found in its public disclosures as
a reporting issuer under the Securities Exchange Act of 1934 filed
with the Securities and Exchange Commission's ("SEC") EDGAR
database.
This
press release is issued on behalf of the Board of Directors of
American Premium Water Corporation