August 31, 2021 -- InvestorsHub NewsWire -- via Soulstring
Media --
Market Watch
Alkame Holdings, Inc. Updates West Coast Co-Packer Website,
Signs Production Agreement With Pacific Sauces, And Reiterates $15M
2021 Revenue Goal (OTC PINK: ALKM)
Alkame Holdings, Inc. (OTC
PINK: ALKM) is making moves to make its diversified
offerings better. The company announced a major upgrade to its
wholly-owned subsidiary,West Coast Co-Packer website, a new deal
with Premier Sauces, and continued penetration into the PPE
markets. Best of all, ALKM still believes it can reach its goal to
deliver $15 million in revenues by the end of 2021.
The effort is there. 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. That followed receiving a 1,500-gallon shipment
of its proprietary hand sanitizer gel to facilitate completing
production of its $1M purchase agreement with Aladyn Protection
Systems, LLC. That deal is the first step toward ALKM reaching to
the more than $2B US hand sanitizer market opportunity.
In addition to its $200,000 sanitizer deal, ALKM expanded
operations at Bell Food & Beverage Inc. , another of its
subsidiary companies. That company recently secured a deal with
Pacific Flavor Inc. to process, pack, and ship 270,000 units of
Oregon Blueberries at ALKM's enhanced facilities. It's the first
deal that showed 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.
Building Value Step By Step
Indeed, at less than a penny a share, the value of these deals
doesn't appear to be reflected in the stock price. Still, step by
step, ALKM is putting the pieces to make 2021 its most successful
years in history. Moreover, they think that these incremental
contracts will ultimately lead to bigger ones, thus keeping its $15
million revenue target square in its crosshairs.
And if ALKM continues to leverage its current contracts into
bigger ones, its a goal that's possible, noting the massive
potential from the PPE sector. Many investors believe that if ALKM
reaches its revenue target, a big portion will come through that
channel.
Others expect that its collaborative efforts heading into the
back half of this year will provide the golden ticket. So far, that
strategy has allowed ALKM to take financial interest in and focus
on a variety of market opportunities that have the potential to
deliver substantial independent revenue streams. It's further
leveraging 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.
Partnerships are helping as well. ALKM's collaborative interests
certainly deserve attention on the valuation front. One to watch is
value earned from EVERx CBD Sports Water, developed in conjunction
with Puration, Inc. (OTC Pink: PURA) and North American Cannabis
Holdings, Inc. (USOTC: USMJ). That product has sold more than a
million dollars of product in 2020. Now, a sugar-free variety is
set to be added to the EVERx CBD Sports Water line, produced
alongside the company's other beverage lines in ALKM's new
manufacturing facility. The company expects the sugar-free varierty
to attract significant consumer attention.
ALKM has noted that its 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.
Value Through Diversity
Better still, growth is already happening through ALKM's
approach to seizing upon new market opportunities. As an 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 under-stocked hospitals.
Not only did it help drive new revenues but it also 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. Details
on that order should be imminent.
Furthering that market opportunity, 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. That adds to revenues generated from
its single-use Handout sanitizer packets. The excellent news for
those looking long term is that both products can be long-term
value drivers for the company.
Aspiring To $15Million
At ALKM, the race to $15 million is on. And with a
well-positioned and diversified portfolio of assets, a surge in Q3
and Q4 could get them close. Still, reaching half that ambitious
target would likely drive its share price substantially higher.
That, too, can be a win for shareholders.
Remember, ALKM's new manufacturing facility essentially doubles
the company's original production capacity. Thus, ruling out the
opportunity for exponential growth mat be premature.
Of course, it's a sum of the parts that will get ALKM to its
goal. And it will be revenues from multiple interests that deliver
the revenues they want. And with ALKM regularly providing revenue
updates, it shows they are not shy to come face to face with the
lofty estimates. That should be an encouraging sign for
investors.
One thing for sure. If ALKM reaches its $15 million target, or
even touches the $7.5 million mark, its share price likely won't be
anything close to its current $0.0012 level. Hence, for those that
like risk-reward propositions, sprinkled with the potential for
massive growth, Alkame Holdings, Inc. may indeed be an attractive
play.
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Website: http://alkameholdingsinc.com
Source - https://www.marketwatch.com/press-release/alkame-holdings-inc-updates-west-coast-co-packer-website-signs-production-agreement-with-pacific-sauces-and-reiterates-15m-2021-revenue-goal-otc-pink-alkm-2021-08-25
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