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American Premium Water Corp. (OTC:HIPH) Announces Two-Container Order from British Distributer; Provides FY2019 Guidance of $1 Million in Revenue
American Premium Water Corp. (OTC:HIPH) Announces Two-Container Order from British Distributer; Provides FY2019 Guidance of $1 Million in Revenue.
About this update from American Premium Water Corporation
[{"type":"text","content":"\nPLAYA VISTA, Calif., April 15, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE –  American Premium Water Corporation (OTC: HIPH) (“APWC”) announces that the Company has received a two container order from a distributer in the UK. The order is expected to ship out during the 2nd quarter and be reflected in the subsequent Q2 financials. Based on the expectation of residual orders from this distributor and other pending distribution deals, the Company is announcing guidance for fiscal year 2019 of at least $1 million in expected revenue.\n\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\n CEO American Premium Water Corporation, Ryan Fishoff commented, “I am excited to announce that the Company has secured a two-container order from a distributor in the UK, thanks to the efforts of Tanya Gullick and the rest of our European team. We are very excited about this and feel that this is just the beginning of more exciting things to come from the continent (Europe). With these developments in mind and considering other discussions the Company is currently engaged in stateside, we are issuing guidance of $1 million of expected revenue for the 2019 fiscal year. The Company will provide periodic updates throughout the rest of the year. Everyday the Company has been making strides towards becoming an industry leader in the consumer CBD space, and I want to thank the team for all their hard work and effort. The Company still has a long way to go to where I would like it to be, but we are making progress on a daily basis to achieve the goals for 2019 and beyond.” The 2019 guidance comes after the Company released scientific analysis of its proprietary Hydro-Nano formulation, which delivers CBD molecules in particles less than one nanometer of size, establishing LALPINA CBD as a market front runner in the CBD-infused beverage market. To keep up with rising demand, the Company has brought on cutting edge beverages, who is covering accounts in the Northeast, and A&R Opportunity, to handle select national accounts and business in the Midwest of the US. The Company has also expanded to the UK, where in addition to the recent order, the team has established a partnership with Hanlon’s Brewery to manufacture CBD-infused beer. And the Company has further diversified into CBD-infused products, acquiring pla...