PURA Restocks EVERx CBD Sports Water Inventory To Sustain Growth In Long Haul
June 09 2020 - 12:19PM
InvestorsHub NewsWire
Dallas, TX --
June 9, 2020 -- InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) yesterday published its 11th weekly
Coronavirus update. It’s
now over a month here in Texas since the economy started a
scheduled reopening that still has some graduated steps yet to
go. Unfortunately, Texas saw record high new daily cases of Covid-19
last week. However, the hospital utilization rate has
remained steady and the death rate is down. The increase in
daily cases might be a factor of increased testing
efficiencies. PURA management remains optimistic but vigilant
in its effort to monitor the potential impact to business
operations.
Immediately
following the reopening in Texas, PURA moved quickly to reposition
its EVERx CBD Sports Water inventory. That effort is
complete, and we are now initiating a new production run to avoid
any potential EVERx product shortages that could potentially result
if another economic shutdown might be forthcoming in reaction to
any increase in Covid-19 health
risks.
Last week PURA
executed a third acquisition for the year to
date in conjunction with the campaign launched earlier this year to
expand its potential product line of CBD infused beverages, edibles
and topicals. The campaign is ongoing with additional
potential acquisitions undergoing due diligence at this
time.
PURA has a
substantial transaction underway involving multiple business
entities. The transaction was initially contemplated to
rectify the challenges that resulted after PURA spun-off its
cannabis cultivation subsidiary to Nouveau (NOUV).
The transaction grew to include a timely opportunity with
Kali-Extracts’ (KALY)
NCM Biotech subsidiary. We expect to publish details regarding the
pending transaction later this
week.
PURA
management continues to monitor the potential impact of the overall
Coronavirus crisis to PURA’s operations. To date, PURA’s outlook
remains sustainable with even some optimism that certain
Coronavirus impacts could be
beneficial.
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
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