American Premium Water Corp. (HIPH) Announces Company Has Engaged Canadian Law Firm to List on Canadian Stock Exchange
December 03 2018 - 7:29AM
InvestorsHub NewsWire
Playa Vista, CA
-- December 3,
2018 --
InvestorsHub NewsWire -- American Premium
Water Corporation (OTC:
HIPH) announces that
it has
engaged
Canadian
law firm Aird
&
Berlis
with the
intention to begin the process
to list on a
Canadian stock
exchange.
The Company's goal is
to be
listed in Canada by the end of the
first
half of 2019.
American Premium CEO
and Interim Chairman Ryan Fishoff, commented "Today's announcement
is the first step to expand the
Company's reach into North American and the global
investor
market. Listing in Canada will allow
the
Company to access capital
markets in a region that is
more mature
and
experienced in
the
cannabis industry where there are
established institutional investors in the space. It will
also
allow the
Company to further establish its
presence
in the country to take advantage of distribution opportunities that
will increase topline
revenues. Over the past few
months, the Company has acquired CBD and TCH infused technology;
having a presence in Canada will enable
the
Company to maximize the
monetization
of
these
assets in a country where recreational cannabis is fully
legal. Along with our
uplisting
initiative,
listing
Canada is a top priority for
the Company which we believe will help increase
shareholder value."
Aird
&
Berlis
(https://www.airdberlis.com) ("A&B")
is one of
Canada's more preeminent law firms focusing on the Cannabis sector.
The firm has been at the forefront of the country's evolution in
the space. A&B has
substantial cross-border transaction and structuring
experience. A&B
took the
first South American recreational producer public in Canada through
a brokered private placement and subsequent qualifying
transaction. A&B
has
been involved with several
go-public deals for companies involved in the U.S., Canadian and
international cannabis industries.
"A&B is a
tremendous firm and I am happy to be working with them. They have a
tremendous amount of experience not only in Canada, but also doing
cross border deals with US companies listing into
Canada. The Company will
be fast tracking this
initiative and we're hoping to get this done by the first half of
2019. The Company is
taking this step
for
more than
just 2019, it's
for 2020,
2021 and beyond. This is a long term effort to build the Company
into a global player in the CBD and cannabis space. I've done cross
border M&A deals in the past; I know the challenges
doing
transactions in different cultural and regulatory environments.
This industry (cannabis) is still burgeoning especially on the
international front. Establishing a
presence in Canada and being listed on the exchange there will
allow the Company to achieve this stature as a global
player. Aside from Canada,
the Company has been engaged in discussions outside of North
America; when I can provide an update, I will share them as well as
give updates on our progress up listing here in the
US and into Canada." concluded Mr.
Fishoff.
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
block chain technologies to expand the retail footprint. The
company's portfolio includes the LALPINA Hydro and
LALPINA Hydro CBD brands (www.LalpinaInc.com), Gents, 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
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