subslover
4 years ago
PURE Bioscience and SmartWash Solutions® Release SmartWash Boost™ Pretreatment Study
Press Release | 11/11/2020
PURE Bioscience, Inc. (OTCQB: PURE), creator of the patented non-toxic silver dihydrogen citrate (SDC) antimicrobial, and SmartWash Solutions®, a produce industry leader in fresh cut food safety, jointly announced recent successful study results documenting that the pretreatment use of SmartWash Boost™ dramatically reduces the risk of foodborne illness in iceberg and romaine lettuce by increasing lethality.
Dramatic Efficacy
The pretreatment combines PURE Biosciences’ SDC based PURE Control® and SmartWash Solutions chemistry to “boost” the established lethality of the free chlorine wash process and increase E. coli die-off by more than 0.7 log* when used with industry food-safety best practices.
A recent study presented by the USDA-ARS shows that SmartWash Boost™, a patent-pending process aid used to pretreat iceberg and romaine lettuce prior to washing, increases lethality and accelerates the death of E. coli during cold storage.
Commercialization
“The fully integrated Boost control system can be added on to any standard wash system. This novel application and chemistry have been used commercially and is now available to the fresh-cut market today,” said Steven Swarts, Director of Business Development at SmartWash Solutions. “As presented by the USDA-ARS, this uniquely effective tool provides the additional incremental lethality needed to drastically reduce the potential for food borne illness when coupled with SmartWash Solutions industry leading wash system cross-contamination control. This is a huge win for companies seeking to prevent recalls, protect their brand and assure consumer health, trust and safety.
“We have spent hundreds of hours working in our pilot plant to design the very best wash system for cut products. We are excited to receive third party results that validate and reinforce our internal studies, proving significant incremental lethality in the process,” Swarts concluded.
Tom Myers, PURE’s Chief Operating Officer, said that, “PURE Bioscience has been working closely alongside SmartWash Solutions throughout this process and we are thrilled that the pre-treatment results reported last year at the 2019 IAFP have been recently validated by the USDA-ARS. We are supporting the commercialization effort of SmartWash Solutions and the industry in this significant step toward a safer produce supply, as enhancing food safety is and remains the core of our business strategy.”
*Log reduction is a mathematical term used to show the number of microbes eliminated from a surface by disinfecting or cleaning. A 1-log reduction means that the number of microbes is 10 times smaller, a 2-log reduction means that the number of microbes is 100 times smaller and so forth.
Technical Study Details
This report from the USDA details the efficacy of the new pretreatment process and solution, PURE Control/SmartWash Boost. The technical details are available in the links below.
Study results presented by the USDA-ARS at the 2020 IAFP event
White paper regarding benefits of Acidic Silver Ion pretreatment
Presentation overviewing research modeling process
About PURE Bioscience, Inc.
PURE Bioscience, Inc. is focused on developing and commercializing our proprietary antimicrobial products primarily in the food safety arena. We provide solutions to combat the health and environmental challenges of pathogen and hygienic control. Our technology platform is based on patented, stabilized ionic silver, and our initial products contain silver dihydrogen citrate, better known as SDC. This is a broad-spectrum, non-toxic antimicrobial agent, which offers 24-hour residual protection and formulates well with other compounds. As a platform technology, SDC is distinguished from existing products in the marketplace because of its superior efficacy, reduced toxicity and mitigation of bacterial resistance. PURE is headquartered in Rancho Cucamonga, California (San Bernardino metropolitan area). Additional information on PURE is available at www.purebio.com.
About SmartWash Solutions®
SmartWash Solutions is an industry leader in food safety technology, helping processing plants around the world maximize food safety, achieve FSMA compliance, control wash water chemistry, track wash-line efficiency, prevent food-borne outbreaks and save money. Visit smartwashsolutions.com or call 831-676-9750 for more information.
Forward-looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Statements in this press release concerning the Company’s expectations (including with respect to SmartWash Solutions), plans, business outlook or future performance, and any other statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are “forward-looking statements.” Forward-looking statements inherently involve risks and uncertainties that could cause our actual results to differ materially from any forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company’s failure to implement or otherwise achieve the benefits of its proposed business initiatives and plans; economic and other disruptions resulting from COVID-19; acceptance of the Company’s current and future products and services in the marketplace, including the Company’s ability to convert successful evaluations and tests for PURE Control and PURE Hard Surface into customer orders and customers continuing to place product orders as expected and to expand their use of the Company’s products; the Company’s ability to maintain relationships with its partners and other counterparties; the Company’s ability to generate sufficient revenues and reduce its operating expenses in order to reach profitability; the Company’s ability to raise the funding required to support its continued operations and the implementation of its business plan; the ability of the Company to develop effective new products and receive required regulatory approvals for such products, including the required data and regulatory approvals required to use its SDC-based technology as a direct food contact processing aid in raw meat processing and to expand its use in OLR poultry processing; competitive factors, including customer acceptance of the Company’s SDC-based products that are typically more expensive than existing treatment chemicals; dependence upon third-party vendors, including to manufacture its products; and other risks detailed in the Company’s periodic report filings with the Securities and Exchange Commission (the SEC), including its Form 10-K for the fiscal year ended July 31, 2020 and Form 10-Q for the third fiscal quarter ended April 30, 2020. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.
The Rainbow
4 years ago
$PURE reports record revenues, Repost from June 6,
and profits. Highlights below!
Revenues for the fiscal third quarter in 2020 increased 612%
Net income per share was $0.01 for the fiscal third quarter in 2020, compared to a net loss of ($0.03) for the fiscal third quarter in 2019.
Gross margin was 56% for the three months ended April 30, 2020
Revenues for the nine months ended April 30, 2020 increased 129%
$PURE Bioscience, Inc. (OTCQB: PURE), creator of the patented non-toxic silver dihydrogen citrate (SDC) antimicrobial, today reported financial results for the fiscal third quarter ended April 30, 2020 and the nine-month period ended the same date.
Highlights:
Tom Y. Lee, Chief Executive Officer summary
“With the achievement of profitability, I’m pleased to note that revenue for our fiscal fourth quarter is expected to meet or exceed our fiscal third quarter revenue.”
“Due to increased and continued demand, we have expanded our production capacity. Our primary contract manufacturer has invested significant amounts to improve lead-times and volume, allowing us to manufacture bulk product in two Midwest locations with further expansion underway."
“For the first time in the company’s history, PURE is profitable. During the third quarter, sales to our distribution network significantly increased due, in part, to our recently announced partnership with Packers Sanitation Services, Inc. (PSSI) and our alliances with Whiting Systems, Inc. and Marathon Group, LLC. We look forward to expanding our relationships with PSSI, Whiting and Marathon, all respective leaders in their industries with national and global reach."
PURE® Hard Surface
-Food Processing and Manufacturing: PURE Hard Surface is now available for use in over a thousand protein, produce, bakery, and dairy facilities across the United States
-Transportation Sanitization: PURE’s Transport Sanitation Solution, designed to meet the FDA Food Safety Modernization Act (FSMA) requirements, is now being used by three of the nation’s largest food transportation companies servicing restaurant chains, food processors and grocery store chains
-PURE’s Transport Sanitation Solution across multiple channels, including prisons/jails, hospitality, education and more
PURE Control®
SmartWash® Boost: delays and economic impacts related to COVID-19 have impacted final third-party validation of SmartWash® Boost. Nonetheless, SmartWash remains committed to bringing the revolutionary Boost product to market to treat pre-cut lettuce as a further intervention step to protect America’s food chain. A senior executive of Taylor Farms was recently quoted saying, “Clearly, there is a path forward for Boost to play an integral part in ensuring the safety of the United States produce supply.”
While five facilities are operating using PURE Control, the planned rollout at a multinational produce processor was slowed by the events of the first calendar quarter of 2020. All plans remain in place and are expected to move forward to additional locations for berry and tomato processing. The same multinational corporation adopted PURE’s Environmental Solution for all 21 of its locations, including corporate offices for facility and employee safety.
To date, work is ongoing with multiple additional processors for treatment of herbs, tomatoes, onions, broccoli, cabbage, berries, processed grapes, leafy greens and cut lettuce.
https://www.marketwatch.com/press-release/10-q-pure-bioscience-inc-2020-06-11?mod=mw_quote_news
https://last10k.com/sec-filings/pure/0001493152-20-011000.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=pure
https://m2compliance.com/hosting/company/PURE/link_files/2020/06-11-2020/Form10-Q(06-11-2020)PureBioscience/Form10-Q.pdf
The Rainbow
4 years ago
Subslover, a bit of history. This post was when we were at $1.38 and three days later hit $2,05.
The Rainbow -Monday, 06/08/20 08:53:11 PM
Re: subslover post# 1308 0
Post # of 1416
I added to my $PURE position today, so averaged up, way up. I can feel the tension on the rubber band and it is ready to snap.
@subslover, When volume hits, FOMO will follow and I can easily see your conservative projection of $1.75-2.00 being hit.
crony
4 years ago
There was a discussion here some 30 posts ago and posters didn't like someone's statement about PURE revenues going down after COVID is defeated. So I want to add to it. I just could'n find that post I wanted to reply to so I will add my two cents here.
1. Covid will be defeated at some point.
2. I think a vaccine will be as effective as a flu vaccine (not very effective) and unless they develop a miracle drug that will cure it right away - COVID will be a major issue for the next several years.
3. So PURE should be able to grow revenues for many more years. At some point - the revenue growth will slow down, but they should grow while COVID is here.
4. At some point (3 or more years from now) COVID won't be major concern due to herd immunity or available treatment. If by that time PURE has revenues of let's say $100 mln per year - they might suffer revenue decline and I wouldn't want to hold the stock when that happens. If their revenues won't be that big - they might still keep growing it by signing food processing companies.
Now, what I expect should happen in this crazy market.
We just had a normal consolidation with impatient traders couldn't hold it anymore while there are sure winners such as AMZN or TSLA.
Potential buyers are also waiting until they see an uptrend resuming.
We should start an uptrend soon and all those sideline money will be chasing the stock. Not many will be able to buy below $2 when no one will be selling.
I expect the stock to be much higher by year end.
We don't know what their revenues are going to be in this quarter, but I know the CEO was buying a lot of stock at $2 and that tells me something.
Many will depend on how steep their revenue growth is going to be when they announce it in October and the next quarter in December.
If they show good revenues growth - stock will be much higher than it is now. It can be anywhere between $4 and $10 depending on their revenues and market conditions.
I expect COVID second wave (real one , not the one they are talking about now) to be much worse since it will coincide with a regular Flu season. Same as with Flu, not many people are getting sick at summer time, but most everyone is sick in Winter.
November-January should be the worst and I would expect Covid related stocks doing very well.
I would expect the company will be getting a lot of new orders and people will start projecting how big those orders might get in the future years.
At the same time they should be eligible to move to Nasdaq so the robinhood gang will be able to buy it.
So the stars might align (stock and profits are rising, move to Nasdaq, Covid is in the news, new big orders are coming). Many will depend on their ability to expand production capacity. That is a key. A license deal might propel the stock.
My point is, the future might be very good, but in this crazy market that bright future might get priced in this winter or spring. If that happens - I would get out. Of course the next thing they will announce a deal with a pharmaceutical company to use SDC internally and it goes up another 500%.
The Rainbow
4 years ago
I do not believe $PURE as a company is on top of PR, marketing or sales. This run to $2.00 was on an expected great "Subsequent Events" announcement, which we received. They also announced very excellent partnerships with PSSI and Whiting Systems that are leaders in their fields of maintenance and sanitation.
So the product really is excellent, safe and best in class.
Large investors have been signing in, sales will be increasing quarter by quarter, and I expect new partnerships will be announced.
COVID-19, as unfortunate as it is, saved this company, so lets see if they can turn themselves around.
The Rainbow
4 years ago
$PURE has the product SDC tested as an antibiotic in older medical journals and independent of the company. Electrolytically generated silver ions stabilized in citric acid as Silver Dihydrogen Citrate
This was something I researched in medical journals. I have a science background and became interested when ionic gold and other minerals became of interest for several uses from vitamins to antibacterials carried in the bloodstream.
I only uncovered a couple very old studies, independent of the company.
Here is one abstract.
4-Once in the bloodstream, the silver ion then travels to all of the tissues of the body, including the bones (which are extremely difficult to treat with antibiotics because of reduced circulation in the dense bone tissues),16where it attacks and kills a broad spectrum of bacteria, viruses, and fungus while remaining medically benign to human cells.17No side effects of nanosilver have ever been reported to have been toxic to mammals.18,19In 1974 and again in 1976 effective dosage levels of nanosilver were found to be safe for mammalian tissues.203)Ongoing medical research (2003) into Oligodynamic silver has conclusively demonstrated that a)“The smaller the particle of silver, the ....
https://drcarolyndeanlive.com/wp-content/uploads/2018/07/SILVER-REPORT-EDIT.pdf
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