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American Premium Water Corp (OTC: HIPH) Reaffirms $1 Million Fiscal Year Revenue Guidance for 2019
American Premium Water Corp (OTC: HIPH) Reaffirms $1 Million Fiscal Year Revenue Guidance for 2019.
About this update from American Premium Water Corporation
[{"type":"text","content":"\nPLAYA VISTA, CA, Aug. 07, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – American Premium Water Corporation (OTC: HIPH) (“the Company”) announces that it is reaffirming its $1 million revenue guidance for fiscal year 2019. The projection is based on existing orders and future orders in the Company’s pipeline from its LALPINA CBD water, partnerships and co-branded product leveraging the Company’s proprietary Hydro-Nano technology, expanded distribution of Vanexxe, and other initiatives in the pipeline; a more comprehensive breakdown:\n Two-Container Order: the Company received a two-container order from a distributor in the UK. The Company has begun delivery of order US Distributors: the Company is in discussions with distributors in New York, New Jersey, Pennsylvania, Florida, California, Missouri, Nevada, Arizona and Oklahoma. International Distribution: The Company is engaged in discussion with distributors in Mexico, Columbia, Australia, and Thailand CBD Pet Water: The Company’s joint venture with LinkRes Pets is slated to launch for sale this August Hanlons Brewery: the Company is finalizing testing with Hanlons Brewery and is looking to roll-out the CBD infused beer by the start of the 4th quarter THC Formulation: the Company is looking to launch its THC version of its proprietary Hydro Nano formulation by the end of this year in California Vanexxe: the Company is in discussions with several big box retailers for retail and e-commerce distribution. Partnerships and JVs: the Company has been engaged working with other partners on marketing, branding, and distribution in the CBD and non-CBD sectors.     American Premium Water Corporation CEO, Ryan Fishoff, commented: “The Company is confident that it will achieve its $1million revenue guidance for the year. Our goal is to surpass this number and I believe we are on track to accomplish this. Despite the volatility in the market, nothing has changed; the Company remains committed to executing its business plan and achieving short and long term benchmarks. We have begun the two year audit with Weinberg & Co. and are working towards becoming fully reporting by the end of the year. There is a lot in the pipeline; management is working feverishly to get all these initiatives off the ground as investments that the Comp...