American Premium Water Corp.
(OTC:
HIPH) Announces
Two-Container Order from British
Distributer; Provides FY2019 Guidance of $1 Million
in Revenue
Company anticipates more orders
from England, UK and Europe in
addition to US distribution
PLAYA VISTA, CA
-- April 15, 2019 -- InvestorsHub NewsWire
-- American Premium
Water Corporation (OTC:
HIPH) ("APWC") announces
that the
Company
has received a two container order from a distributer in the UK.
The order is expected to ship out during the 2nd
quarter
and be reflected in the subsequent Q2 financials. Based on the
expectation of residual orders from this distributor and other
pending distribution deals, the Company is announcing guidance for
fiscal year 2019 of at least $1 million in expected revenue.
CEO American Premium
Water Corporation, Ryan Fishoff
commented, "I am
excited
to announce
that the Company
has
secured a two-container
order from a distributor in
the UK, thanks to the efforts
of Tanya Gullick
and the
rest of our European team. We are very excited about this and feel
that this is just the beginning
of more
exciting things to come from
the
continent (Europe).
With
these developments in mind and considering other discussions the
Company is currently engaged in stateside,
we are issuing guidance of $1 million of expected
revenue for the 2019 fiscal
year. The Company will
provide periodic updates throughout the rest
of the year. Everyday
the
Company has been
making
strides towards becoming an industry leader in the
consumer
CBD space, and I want to thank the team for all their hard work and
effort. The Company still has a long way to go to where I would
like it to be, but we are making progress on a
daily basis to achieve
the goals for 2019 and
beyond."
The
2019
guidance comes after the Company released scientific analysis of
its proprietary Hydro-Nano formulation, which delivers CBD
molecules in particles less
than one
nanometer
of size, establishing LALPINA CBD as a market front runner in the
CBD-infused beverage market. To keep up with rising
demand, the Company has
brought on cutting edge beverages, who
is
covering
accounts
in the Northeast, and A&R Opportunity, to handle select
national accounts and business in the Midwest of the US. The
Company has also expanded to the UK, where in addition to the
recent order,
the team
has established a partnership with Hanlon's Brewery to manufacture
CBD-infused beer. And the Company has further diversified into
CBD-infused products, acquiring plant + body essentials (www.plantbodyessentials.com)
, a CBD infused
topical
brand and the
launch
of
Vanexxe's
e-commerce
website
(www.vanexxe.com/),
which
provides a cosmetic solution
to mask varicose veins. A version of
Vanexxe
infused
with CBD will be launched later in 2019.
"The Company has been
really active over the first quarter positioning
itself
for
growth in the rest of the year. I really feel that
the Company is poised to get to the next level. We are really excited
with all the opportunities that we are chasing, both organic and
add-ons
(acquisitions). Our main goal
is to
create long-term shareholder value and establish the Company as the
premiere luxury CBD-infused consumer products company. I look
forward to sharing updates with investors about these initiatives
in the coming weeks as soon as we can share them."
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, Canyon Create
(www.canyoncreate.com),
Vanexxe
(www.vanexxe.com) 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.
Contact Information:
Media
Contact
Email: info@americanpremiumwater.com
+1(888)
983-0054