Business
Advantis Corp. Ups Q4 Guidance, Grows Relationships
Advantis Corp. Ups Q4 Guidance, Grows Relationships.
About this update from Advantis Corporation
[{"type":"text","content":"\nNEWPORT BEACH, CA, Nov. 13, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – ADVANTIS CORPORATION (OTC PINK: ADVT) CEO, Darren Cherry, stated last week that he foresees 20% quarter over quarter revenue growth for the foreseeable future. Today, he announced that a new development will result in a much larger revenue jump in the current quarter.\n “Our quality work, excellent service, and budding relationships are paving our way,” Cherry explained. “One of our most loyal clients just quadrupled their ongoing orders.” Cherry says that the large order increases are a direct result of increased market demand. “We are seeing the marketplace respond,” Cherry continued. “When the highest quality products go into an Amster-Can, people associate our packaging and contents with a brand they can trust. This particular client went from a quarter of a pallet to a full pallet and expects that to be the regular order going forward. Our clients understand the value of having a hermetically sealed package that can be branded, labeled, and stored the way they want it.” Cherry says that this was an unexpected order that Advantis is immediately fulfilling, so he felt it necessary to update shareholders. “This is revenue we expect for the current quarter, so I thought it was important, especially since I announced a lower revenue forecast last week. With these growing relationships, comes the ability to expand more rapidly.” Cherry added that he expects more clients in the coming months to significantly increase their orders. “We had a surge of new clients not too long ago that wanted to try us out. I think this is the first of many unexpected orders to come in as our clients see success and our brand and marketing reach expands with current and new partners. Cherry says that the company is currently negotiating with a privately held potency and genetic testing company and an online platform, StrainRX.co, to be able to provide additional services to their client base. “We are always asked about it and we will hopefully be able to provide the essential product testing required here in the state of California and beyond. We will be able to expand our product offerings to include everything related to testing, branding, and marketing so that the master growers we work w...