Alkame Holdings, Inc. Drives Toward $15M 2021 Revenue Goal; New
Contracts Bring That Milestone Closer (OTC PINK: ALKM)
August 17, 2021 -- InvestorsHub NewsWire -- (AB Digital via
COMTEX) -- Alkame Holdings, Inc. (OTC PINK: ALKM)continues to make 2021 its potential breakout
year. They have been capitalizing on new opportunities, expanding
into new markets, and making deals to get closer to their goal of
generating $15 million in revenues this year. While they still have
a way's to go to get there, they are at least on the right
track.
For example, last month, ALKM announced that its wholly-owned
subsidiary West Coast Co-Packer had received a $200,000 purchase
order for its 0.13fl. oz. (4mL) Handout brand single-use packets.
The company had received a 1,500-gallon shipment of its proprietary
hand sanitizer gel earlier that month, with plans to build upon its
$1M purchase agreement with Aladyn Protection Systems, LLC and more
broadly target the $2B US hand sanitizer market.
Alongside its $200,000 sanitizer deal, ALKM also expanded the
operations of its subsidiary Bell Food & Beverage Inc. through
a recently renewed contract with Pacific Flavor Inc. That deal
called for 270,000 units of Oregon Blueberries to be packed in
ALKM's enhanced facilities and demonstrates its upgraded facility's
flexible and high-capacity capability. ALKM's subsidiary has been
the contract manufacturer for Pacific Flavor Inc. for the past five
years , exporting hundreds of thousands of blueberry jars to
Japan.
Through these achievements, 2021 is shaping up to become one of
ALKM's most successful years in history. And with revenues
potentially on track to reach $15 million this year, the company's
current share price does not reflect its intrinsic value or
potential. Still, markets often miss the mark in pricing, and in
this case could be exposing a buying opportunity for risk/reward
minded investors.
And as ALKM works to fulfill its diversified production
contracts, investors have a window of opportunity to invest at what
appears to be an overwhelming valuation disconnect. However, with
new deals set to be announced soon, that window of opportunity may
be closing quickly.
Collaborative Efforts In 2H 2021
ALKM's collaborative business model is its secret sauce toward
success. It allows them to take financial interest and focus on a
variety of market prospects. From that, ALKM has built an
impressive asset portfolio that offers multiple revenue streams.
The company also leverages its proprietary technologies to
contribute toward producing a variety of premium water-based goods,
including bottled water and other ready-to-drink products,
household pet products, horticulture and agriculture products, hand
sanitizers, and more.
Moreover, ALKM's collaborative interests are starting to realize
value. One of these is through EVERx CBD Sports Water, developed in
conjunction with Puration, Inc. (OTC
Pink: PURA) and North American Cannabis Holdings, Inc.
(USOTC:
USMJ). A sugar-free variety is set to be added to the EVERx CBD
Sports Water line shortly, which will be produced alongside the
company's other beverage lines. Production takes place in ALKM's
new manufacturing facility.
The better news is that ALKM's new and enhanced facility can
effectively double the company's original maximum output, allowing
them to speed up the commercialization of their products across the
United States. Best of all, the new facility will enable ALKM to
efficiently handle a diverse range of production contracts while
leaving room to fill its in-house obligations. Thus, there's room
to grow.
ALKM Adaptability Adds Value
Further, its enhanced manufacturing capability is already
facilitating growth. Better still, it can meet these opportunities
without sacrificing its primary focuses. That's essential in
meeting its lofty guidance.
For example, ALKM found success early into the COVID-19 outbreak
by temporarily shifting its production focus to personal protective
equipment (PPE) to help supply Oregon's critically understocked
hospitals. Not only was this move an impressive revenue driver, but
it provided essential medical items in a time of worldwide
shortages. The short shift in manufacturing priorities paid off in
the form of a $1 million purchase order from Aladyn Protection
Systems, LLC to supply PPE-related products, primarily its hand
sanitizer.
Now, ALKM is utilizing its resources to add to its Aladyn deal.
In early July, ALKM announced it had received a 1,500-gallon
shipment of its proprietary hand sanitizer gel. That purchase led
to a second substantial purchase order. ALKM is generating
additional revenues from its single-use Handout sanitizer packets.
By the way, those two revenue streams could be long-term as PPE
products continue to meet record demand.
The Drive To $15Million
Indeed, for ALKM, the race to $15 million is on. But, with a
well-positioned portfolio of assets allowing them to capitalize on
a wide range of targeted market opportunities, getting there is
possible.
Still, even if ALKM met half its goal, expect its share price to
surge on a revenues multiple alone. And with a new manufacturing
facility that essentially doubles the company's original production
capacity, don't rule out that possibility.
Of course, it's a sum of the parts that will get ALKM to its
goal. Revenues from multiple interests are the recipe for success.
And the great news there is that ALKM is regularly providing
revenue updates, showing they are intent on creating shareholder
value.
Still, as noted, even if ALKM delivers just a fraction of its
expected $15 million, the sub-penny share prices of today could
experience exponential increases. And should they reach its $15
million revenue goal by the end of the year, investors in at these
levels might be celebrating on a private island.
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Source - https://www.marketwatch.com/press-release/alkame-holdings-inc-drives-toward-15m-2021-revenue-goal-new-contracts-bring-that-milestone-closer-otc-pink-alkm-2021-08-13
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