American Premium Water Corp.(OTC:HIPH) Announces CEO Ryan Fishoff will add title of Interim Chairman
PLAYA VISTA, Calif., Nov. 05, 2018 (GLOBE NEWSWIRE) -- American Premium Water Corporation (OTC: HIPH) (the “Company”) announces that CEO Ryan Fishoff will add the title of Interim Chairman, effective as of November 2nd.
Ryan Fishoff, American Premium Water CEO, commented, “I am extremely honored to have the additional responsibility of Interim Chairman. When I was given the opportunity to take over as CEO last year, the board believed in my vision for this Company. Over the past year I have been able to implement a lot of that vision, and I am looking forward for the upcoming year to continue to grow and achieve the goals that I have outlined as the Company continues to transform and get to the next level.”
Mr. Fishoff took over as CEO in September of 2017. After executing the acquisition of Gents, Mr. Fishoff went on to reduce long term convertible debt by 80% within his first two months with the Company. Mr. Fishoff was also responsible for significant year over year revenue growth for the Company. Mr. Fishoff was instrumental in the launch of the LALPINA Hydro CBD prototype during the week of events and parties in advance of Super Bowl LII in Minneapolis, MN. Eight months later, the Company successfully launched LALPINA Hydro CBD. The Company announced in early October that it had completed its first third-party distribution deal for its LALPINA Hydro CBD water, announced its partnership with Canna Nano, and last week, announced the acquisition of proprietary Hydro-Nano energy, CBD (cannabidiol), and THC (tetrahydrocannabinol) formulations. For his second year as CEO, Mr. Fishoff has outlined an ambitious growth strategy; he has indicated that the Company is looking to make more acquisitions in the CBD/cannabis space and is working to initiate the audit process to uplist by the end of the 2018 calendar year.
“Right now, the immediate goal is to complete the other CBD/cannabis related acquisitions that we have been in negotiations with. Adding more distribution channels is a short- and long-term goal; the Company is engaged in discussions with outlets across the country. The greater- Miami/South Florida region is an area of high priority for the Company. As I’ve also discussed, the Company is working towards its goal of uplisting; currently we are soliciting bids from PCAOB auditors and hope to have one in place to begin the process in the next few weeks. This is an exciting time for the Company, and I’m excited to see what the rest of the year has in store for the Company and to usher American Premium Water into 2019 with a lot of wind in our sails.”
About American Premium Water Corp.
American Premium Water (OTC: HIPH) is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of hydrogen and Nano technologies paired with cannabidiol (CBD) to treat health disorders and enhance quality of life. This business model aims to market emerging fashion brands by leveraging classic retail partners and incorporating disruptive block chain technologies to expand the retail footprint. The company’s portfolio includes the LALPINA Hydro and LALPINA Hydro CBD brands (www.LalpinaInc.com), Gents, Worthy, and blockchain platform FashionCoinX (www.FashionCoinX.com).
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 of American Premium Water Corporation
Corporate Communications Contact: