PSIQ Reports Record Breaking September 30th, 2018 Nine Month Revenue Increase of 850%
November 13 2018 - 8:30AM
SUNRISE, Fla., Nov. 13, 2018 (GLOBE NEWSWIRE) --
Profile Solutions, Inc. (OTC Pink: PSIQ) announced today that its
wholly owned subsidiary, Elite Products International, Inc.
(“Elite”), reported revenues for the nine months ending September
30th, 2018 of $636,717 compared to revenues of $74,739
for the nine months ending September 30th, 2017,
representing an 850% increase. The financial statement can be
viewed in its entirety at
https://backend.otcmarkets.com/otcapi/company/financial-report/206270/content.
"Very exciting times at PSIQ (1) Registration Statement filed on
Form S-1 with the U.S. Securities and Exchange Commission (SEC) to
register securities under the Securities Act of 1933 as the first
step to becoming an SEC reporting company and uplisting to the
OTCQB, (2) preliminary approval from the eSwatini Ministry of
Economic Planning and Development to establish an exclusive growing
farm and processing plant for medical CANNABIS & HEMP in The
Kingdom of eSwatini f/k/a Swaziland (3) acquired the exclusive
brick & mortar distribution rights to Cheech & Chong men’s
grooming products with HEMP in the United States and Israel and
today’s announcement of growing revenues is the result of executing
our business plan to become a market leader in the worldwide
CANNABIS & HEMP marketplace,” stated Dan Oran, Chief Executive
Officer of PSIQ.
About Profile Solutions
Profile Solutions, Inc., through its subsidiary Elite Products
International, Inc., is a leading distributor and manufacturer in
the cannabinoid (CBD) industry. The Company's products contain
cutting-edge CBD industrial hemp extracts in the form of edibles,
creams, oils and salves. Financial information can be found
at https://www.otcmarkets.com/stock/PSIQ/profile. Please visit
the company website at www.profilesolutionsinc.com, Facebook
at https://www.facebook.com/EliteProductsINTL/,
Instagram https://www.instagram.com/elite_hemp/, Linkedin
at https://www.linkedin.com/in/elite-hemp-products-3a863914a/,
Twitter at https://twitter.com/EliteHemp_Intl and
Blog: https://www.elitehempproducts.com/blog.
Safe Harbor Statement
This press release contains forward-looking statements that can
be identified by terminology such as "believes," "expects,"
"potential," "plans," "suggests," "may," "should," "could,"
"intends," or similar expressions. Many forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results to be materially different from any
future results or implied by such statements. These factors
include, but are not limited to, our ability to continue to enhance
our products and systems to address industry changes, our ability
to expand our customer base and retain existing customers, our
ability to effectively compete in our market segment, the lack of
public information on our company, our ability to raise sufficient
capital to fund our business, operations, our ability to continue
as a going concern, and a limited public market for our common
stock, among other risks. Many factors are difficult to predict
accurately and are generally beyond the company's control.
Forward-looking statements speak only as to the date they are made
and we do not undertake to update forward-looking statements to
reflect circumstances or events that occur after the date the
forward-looking statements are made.
For information, please contact:
Dan Oran, President
Profile Solutions, Inc.
8411 West Oakland Park Blvd.
Suite 201
Sunrise, FL 33351
Dan@ProfileSolutionsInc.com
(844) 856-8838


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