PURA CEO Interview On Stock Day Podcast Discussing CBD Beverage Expansion
October 22 2019 - 12:35PM
InvestorsHub NewsWire
Puration, Inc. Joins The
Stock Day Podcast to Discuss Their Expansion Into The CBD Beverage
Industry
Phoenix,
AZ -- October 22, 2019 -- InvestorsHub NewsWire --
via Stock
Day Media -- The
Stock Day Podcast welcomed Puration, Inc. (PURA)(“the
Company”), the producer of EVERx CBD Infused Sports Drink, the
leading CBD beverage in the sports nutrition market place. CEO of
the Company, Brian Shibley, joined Stock Day host Everett
Jolly.
To begin
the interview, Jolly noted that the Company has experienced
tremendous growth over the last year. “How did the Company get
there and where do we go from here?”, asked Jolly. “I believe we
have a good product that is appealing to consumers.”, explained
Shibley regarding the Company’s flagship product, EVERx CBD Infused
Sports Drink. “We’ve established an ongoing marketing partnership
with the Arnold Sports Festival, both here and in Europe, which has
generated great exposure for us.”, said Shibley, adding that the
Company likely had the potential for greater sales in the past, but
needed to develop a more efficient production method. “Now we’re
going to move forward with more rapid production with a better
co-packer.”
Jolly
then asked about the Company’s expansion in regards to new
beverages like coffee, tea, and beer. Shibley shared that the CBD
market is continuing to grow rapidly as more and more consumers
become aware of the industry and its products. “We’re looking
expand upon the experience that we’ve had with EVERx and produce
more CBD beverages.”, said Shibley. He also added that the Company
was encouraged by the results of the Goldman CBD Beverage Survey to
pursue this expansion aggressively. “We’ve announced
TranquiliTeaCBD and we’re in production with it. We’re hoping to
have it on the shelf by the end of the year.”, shared Shibley,
adding that the Company has also entered into an agreement with a
coffee grower in Kenya.
The
conversation then turned to the Company’s revenue potential and
growth for next year. “I think for next year our plans are to grow
into different brands as well, like coffee, tea, and possibly beer,
and then really streamlining our production efforts with EVERx.”,
said Shibley. “Goldman has produced a projection for us of $8
million in sales next year.”
Shibley
explained that the $8 million projection will be a challenging
goal, however given the Company’s opportunities in the United
States, Europe, and Latin America, the goal should be achievable.
“We’re continuing to improve our production and process, which is
the key to our growth.”, said
Shibley.
Jolly
then commented on the Company’s stock price, stating that it seems
significantly undervalued. “What do you want my listeners and your
stockholders to take away from this interview?”, asked
Jolly.
Shibley
responded by sharing that the Company is aggressively pursuing
their expansion into the CBD beverage market, but is also
acknowledging and improving upon their past production issues. “We
have a good product and I think our timing to market is dead on.”,
closed Shibley.
To hear
Brian Shibley’s entire interview, follow the link to the podcast
here: PURA CEO Interview
For more
information on Puration, visit http://www.purationinc.com
Disclaimer/Safe
Harbor:
This
news release contains forward-looking statements within the meaning
of the Securities Litigation Reform Act. The statements reflect the
Company's current views with respect to future events that involve
risks and uncertainties. Among others, these risks include the
expectation that any of the companies mentioned herein will achieve
significant sales, the failure to meet schedule or performance
requirements of the companies' contracts, the companies' liquidity
position, the companies' ability to obtain new contracts, the
emergence of competitors with greater financial resources and the
impact of competitive pricing. In the light of these uncertainties,
the forward-looking events referred to in this release might not
occur. These statements have not been evaluated by the Food and
Drug Administration. These products are not intended to diagnose,
treat, cure, or prevent any disease.
Contact:
Puration, Inc.
Brian
Shibley,
info@aciconglomerated.com
(800)
861-1350
About The “Stock Day”
Podcast
Founded
in 2013, Stock Day is the fastest growing media outlet for Nano-Cap
and Micro-Cap companies. It educates investors while simultaneously
working with penny stock and OTC companies, providing transparency
and clarification of under-valued, under-sold Micro-Cap stocks of
the market. Stock Day provides companies with customized solutions
to their news distribution in both national and international media
outlets. The Stock Day Podcast is the number one radio show of its
kind in America. Stock Day recently launched its Video Interview
Studio located in Phoenix, Arizona.
SOURCE:
Stock
Day Media
602-441-3474
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