American Premium Water Corp. (HIPH) Announces
the Creation of
Laboratory Facility in Southern California Focusing on
Nano-Technology to Support CBD and THC Efforts
The Company is setting up
laboratory space that will have two high
powered nano-machines to expedite
production of CBD and THC infused beverages.
PLAYA VISTA, CA --
February
20, 2019 --
InvestorsHub NewsWire -- American Premium Water Corporation (OTC:
HIPH) announces that it has established its own
laboratory which
will
focus on the testing the Company's proprietary hydro-nano
technology. The
laboratory will be setup in Southern California; the Company has
signed an LOI to lease
the space
and has ordered two high powered scientific
instruments
which
allows
the Company to have faster turnaround time with a greater
production capacity to more efficiently measure the
size
of nano-particles
in its
CBD and THC formulations.
American Premium CEO
Ryan Fishoff, commented, "I am excited to announce
that
the
Company is setting up its own
lab to further our
commitment to technology, which I
hope
will
further
our reputation as a leader in hemp/CBD
bio-lifesciences.
Focusing
on technology is one of our core strategic goals that I outlined at
the beginning of the year, and setting
up
our own
testing facility
is major
component of this emphasis. Technology is
becoming part of our brand and
part of our
story.
Eventually I hope to get the
operation
to the point that we can turn the lab from a cost center into a
profit-center and solicit business for other companies
in the cannabis space to
provide
testing solutions for
them. In the coming weeks
after we get the lab setup, I look forward to
providing some updates on how the Company intends to leverage the
equipment to further develop the Company's CBD and THC
brands."
The Company signed an
LOI for the space in the San Bernardino Valley region. The
Company
has ordered a CoreAFM
(Atomic
Force Microscope) manufactured by the Switzerland based
company Nanosurf.
The CoreAFM
is an
industrial grade particle microscope that is used
to measure the size of the nano
particles
and ensure consistent size in the formulation. The Company also
ordered the Azura Analytical
HPLC (High Performance Liquid Chromatology) manufactured by the
German based Knauer. The purpose of this machine is to test CBD
samples for metals and pesticides to ensure they are in regulatory
compliance.
"These machines are
some of the most powerful on the market. The Company is making a
strong commitment to ensure it is a market leader in this space. We
want to ensure we are positioned to be at the forefront of
nanotechnology for CBD and THC. This investment will allow us to do
so. It also further positions the Company to setup a robust
licensing business; this technology will give the Company the
capability to collaborate with brands in product categories outside
the our core focus, increasing our ability to monetize our assets,
driving top-line growth. Having this scientific
capability also
gives the
Company and our brands the technical
credibility to
show consumers
that
the
products are technologically
superior and speak for
themselves. I am looking
forward to providing more details in the coming weeks how the
Company intends to further incorporate this technology into our the
Company's investment
story and the brands own stories in their respective
spaces."
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 with 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 Hydro CBD brands (www.LalpinaInc.com), LALPINA
Productions, LALPINA Records, Gents (www.gentsco.com), Worthy, and
blockchain platform FashionCoinX
(www.FashionCoinX.com).
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