Dallas, TX -- October 30, 2018 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC: PURA) today announced initiating its first order with co-packer and partner Alkame Holdings, Inc. (USOTC: ALKM), for an all new cannabis sector beverage. The order is to fulfill the initial production of a new beverage business Puration is acquiring. Puration recently announced a letter of intent regarding the pending acquisition and today, management indicates the acquisition is imminent. “The name of the target acquisition has been kept under wraps for reasons that will soon be clear,” said Brian Shibley, CEO of Puration. “Alkame has been instrumental in the design of our first cannabis sector beverage, EVERx. We have long been in the works with Alkame on this second beverage we are today initiating the order on to produce. Alkame is instrumental in the formulation.”
Puration plans to publish an online presentation on Friday, November 2, 2018 detailing the new product line and corresponding imminent acquisition.
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.