PLAYA VISTA, Calif., May 02, 2018 (GLOBE NEWSWIRE) -- American Premium Water Corporation (OTC:HIPH) (“APWC”) had a successful Planet MicroCap Showcase in Las Vegas, NV last week, outlining the Company’s strategy and growth initiatives for 2018 and beyond. The presentation was well received by the institutional investors in attendance and follows the Company’s release of it’s 2017 year-end numbers, showing a 372% increase in sales year over year sales from 16’ to 17’.
“I was honored to present HIPH at the Planet MicroCap Showcase. I thought the presentation was well received by the investment community. The feedback that I received in one-on-one meetings with individual investors was extremely positive and they were on board with our strategy. In addition to the investment community, I had the chance to meet with CEO’s and top executives from other CBD, cannabis, VR, blockchain, and consumer products companies at the conference. There were lots of discussions and the ground work has been laid for some exciting joint ventures and co-distribution deals. As these materialize, I look forward to updating the investor community about those.” commented Ryan Fishoff, CEO American Premium Water Corporation.
At the conference, The Company updated investors on its strategic plan and vision for the Company, which included investing in its core LALPINA and Gents brands to increase sales and awareness. “Brand.Luxury.Lifestyle” is focus of The Company as it looks to not only expand LALPINA and Gents, but use that axiom as a guideline for potential acquisitions, which was also discussed in Mr. Fishoff’s presentation.
“The strategy that I outlined was well received by the investment community. They really got to see up close that our company is focused on the marketing and distribution of premium lifestyle consumer products. We are have two silos of parallel growth; organic and acquisitions. CBD is certainly a hot area; I am excited about the potential of not only LALPINA CBD, but also incorporating into CBD our Gents’ brand’s efforts to expand into the men’s luxury grooming market, potentially with its own line of topical CBD products. Then we have a number of acquisition opportunities, which is our other silo of growth. There are some in the beverage space, some in the consumer products space, and a few in the blockchain space. Making sure that the businesses we acquire fit within the Company’s vision and maximizing shareholder value will ultimately determine which transactions the Company does or does not transact on.” Added Mr. Fishoff
The Company also released its 2017 year end results, showing a year over year increase in sales from 2016 to 2017. The majority of these sales can be attributed to the Gents acquisition, but with the LALPINA Hydrogen rollout underway, both brands should contribute more equally to top line sales in 2018. The Company overall also substantially reduced its convertible debt and derivate liabilities in 2017, which was one of Mr. Fishoff’s first objectives as CEO.
“It was good to end the year with triple digit sales growth. I always want the total number to higher. The Company has its work cut out for 2018. Continuing to focus on debt reduction and derivative liabilities will also be themes in 2018. We have been a bit aggressive so far in 2018 with our cap table; about 25million of the shares we have issued have been restricted in escrow as “warchest” for acquisitions, which if we don’t transact on will be returned to treasury. There are a few things in the works and I look forward to keeping the investor community informed in the coming weeks and months about updates and progress on our various growth initiatives” concluded Mr. Fishoff
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For more information on American Premium Water Corporation / HIPH, go to http://www.lalpinahydrogen.com/investor-page.html
Gents
The New York-based Gents is a producer of luxury hats and other fine accessories and apparel.. Their line is carried in over 200 retail outlets internationally, including Bloomingdale’s (NYSE:M), Nordstrom (NYSE:JWN), and Saks Fifth Avenue (TSE:HBC).
Visit www.gentsco.com to learn more. https://www.gentsco.com
@GentsCo
#GentsCo
Safe Harbor Notice
Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). American Premium Water Corporation cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. American Premium Water Corporation undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.
This press release is issued on behalf of the Board of Directors by Alfred Culbreth, Founder /Director.
Disclaimer Regarding Forward Looking Statements
Certain statements in this press release, on American Premium Water Corporation’s (“APWC”) website and other oral and written statements made by APWC from time to time are “forward-looking statements”, as that term is defined in Section 27A of the United States Securities and Exchange Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, Forward-looking statements include, without limitation, statements regarding beliefs, objectives, intentions, goals, plans, strategies, financial projections, any other statements regarding the future and any statements that are not purely historical. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and APWC expressly disclaims any obligation to update or revise any forward-looking statements to reflect events or circumstances after the date thereof. All forward-looking statements, whether written or oral and whether made by or on behalf of the APWC, are expressly qualified by these cautionary statements. Forward-looking statements involve risks and uncertainties which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. APWC’s expectations, beliefs and projections are expressed in good faith and are believed by the APWC to have a reasonable basis, but there can be no assurance that management's expectations, beliefs or projections will result or be achieved or accomplished. A variety of factors, many of which are beyond APWC’s control affect APWC’s operations, performance, business strategy and results and could cause the actual results, performance or achievements of APWC to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. For APWC, particular uncertainties arise, amongst others but not limited to and not in any order of importance, from (i) focusing on and allocating more resources on certain target markets (ii) the possibility to raise further equity and debt to fund future growth, (iii) changes in demand for APWC’s products, (iv) performance issues with key suppliers, affiliates, agents, advisors or subcontractors, (v) changes in government changes in laws or regulations to which APWC or its suppliers are subject, including environmental laws and regulations relating to water or water sources and (vi) the inability to complete announced acquisitions, difficulty or unanticipated expenses in connection with integrating acquired businesses and the risk that anticipated synergies and opportunities as a result of acquisitions will not be realized or the risk that acquisitions do not perform as planned, including, for example, the risk that acquired businesses will not achieve revenue projections.
THIS NEWS RELEASE HAS BEEN PREPARED BY APWC’S MANAGEMENT, WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
Contact Information:
American Premium Water Corporation
12777 Jefferson Blvd.
Suite 300
Playa Vista, CA 90066-7408
(888)-983-0054
Stock Symbol: HIPH
General Inquiries: info@americanpremiumwater.com
Investor Relations: ir@americanpremiumwater.com
Company Website: http://www.lalpinahydrogen.com/investor-page.html
Twitter: @americanpremium, @lalpinawater
Instagram: #lalpinahydrogen