ALKM - Alkame Holdings Announces $1 Million PPE Sales Agreement
May 05 2021 - 10:23AM
InvestorsHub NewsWire
LAS VEGAS, NV -- May 5, 2021 -- InvestorsHub
NewsWire -- Alkame
Holdings, Inc. (OTC
PINK:ALKM), today announced entering into a contract to
supply Aladyn,
Inc. with Personal Protection Equipment (PPE). Aladyn is
a global wholesale distributor of PPE supplies specializing within
the tourism and hospitality markets. The agreement ramps up
Aladyn’s purchase of PPE inventory from Alkame with the intended
order size doubling every ten weeks to a target $1 million in total
purchases from Alkame in the first
year.
Aladyn specializes in servicing companies
in the tourism and hospitality sector, offering a wide selection of
high-quality Personal Protective Equipment (PPE) through a system
of scheduled purchases, as well as specialized consulting, personal
service, and the best prices.
With more than
30 years of experience in international trade, offices in the US,
Europe, Asia and Latin America, direct relationships with
recognized manufacturers and certified logistics companies, Aladyn
is your comprehensive solution for all your PPE
needs.
In 2020,
Alkame temporarily shifted its manufacturing focus toward the
production of quality PPE products such as hand sanitizer for first
responders and the medical sector. A lengthy amount of time went
into licensing, regulatory, compliance inspections, certifications,
and formulations. The manufacturing shift first paid off with PPE
sales to the State of Oregon. As 2020 progressed we were able
to secure a Canadian distribution partner for PPE products, and
provide the necessary information and documentation to allow us to
export. We now see our temporary shift into the PPE sector as a
long-term opportunity adding to our regular co-packing business
that we anticipate to see a sales resurgence from as the economic
impact of Covid-19 abates.
Over the past
several months, Alkame Holdings has been ramping up the setup of
our West Coast CoPacker facility. Our new facility will almost
double our production capabilities utilizing our additional
high-speed equipment to expand production capabilities at our Salem
facility. This diverse new production location is a big change for
us. The new facility will also allow us to advance our third-party
health inspections beyond what we are currently able to accomplish
with the Gervais facility, moving us into one of the highest rated
compliance certifications available. We expect the Salem facility
to start operations
imminently.
Our Company
has also begun a process to initiate a multi-channel distribution
strategy with our products going direct to consumers and is
expected to be deployed over the course of the year. Our recent
work on the acquisition of DistributorCorp will provide an online
avenue for Alkame to supply Sanitizer and assorted PPE products, as
well as any non-hemp related products including our Alkame brand of
premium oxygenated alkaline bottled water. Now currently under
construction, this suite will enable online purchasing and
fulfillment that is being developed to seamlessly provide products
to our customers and shareholders. A secondary website for online
fulfillment pertaining to our Hemp related products is also in the
works under a Shop Alkame
portal.
Several of our
online assets are in the process of being revamped or developed and
built out, including but not limited
to www.CbdCopacker.com, www.WestCoastCopacker.com, www.AlkameWater.com, www.DistributorCorp.com.
Our corporate website is also being updated
at www.AlkameHoldingsinc.com.
These should all be ready and complete in the next few weeks. For
additional updates and information, shareholders are asked to
follow our social media accounts, primarily on
Facebook @alkameholdings.
About Alkame Holdings,
Inc.
Alkame
Holdings, Inc. is a publicly traded holding company that operates
with a focus in distinct sectors: health and wellness, technology,
manufacturing, and distribution. The Company's wholly owned
subsidiaries manufacture and distribute products with an emphasis
on utilizing an enhanced water technology with several unique
properties. The water technology is supported by four independent
human clinical studies. There are a multitude of product
applications we currently, or have capability to, utilize with our
technology to produce and/or add value to, including but not
limited to, consumer beverages, CBD/hemp products, pet products,
horticulture, agriculture and aquaculture applications, and hand
sanitizers.
For more
information, visit www.alkameholdingsinc.com.
Alkame
Holdings, Inc. Investor Relations
Website: www.alkameholdingsinc.com
Email: info@alkameholdingsinc.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 Alkame will achieve significant sales, the failure to meet
schedule or performance requirements of the Company's contracts,
the Company's liquidity position, the Company's 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.
SOURCE: Alkame
Holdings, Inc.
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