American Premium Water Corp (OTC:HIPH) Announces New Research Update Issued by Goldman Small Cap Research
The price target of $0.0425 comes after the Company recently completed Joint Venture with Cali Bear, a leading CBD lifestyle performance brand
BALTIMORE, MD, April 07, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- American Premium Water Corporation (“HIPH”) announces today that Goldman Small Cap Research, a sponsored research provider focused on microcap stocks, has issued a new research update. This update highlights the impact of the Company recent developments, including its joint venture with Cali Bear (www.calibear.life). In the sponsored research update, analyst Rob Goldman affirms his price target of $0.0425 and his investment thesis, noting that the news reflects a milestone event that is wide-reaching for the Company in terms of revenue, cross-selling opportunities, and a reach into new markets.
“In our view, HIPH offers one of the most diverse product lines in the CBD-infused products industry and is set to sell its offerings through key channel partners in the U.S. and Asia-Pacific (APAC), driving major sales growth. HIPH’s success leverages its emphasis on innovation, broad distribution, and enhanced manufacturing capabilities through partnerships,” according to the Goldman Small Cap Research update.
Goldman also cited in the update that since its initiation of coverage of its original report released on February 13, 2020, the HIPH stock price had already exceeded its original target within the twelve month period prescribed, and reached a recent 52-week high of $0.037, close to the new price target, based on future business development and revenue expectations. Both the report and the update, along with the associated disclosure and disclaimers can be read or downloaded on the Goldman Small Cap Research website here.
About Goldman Small Cap Research:
Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.
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This press release contains excerpts of our most recently published sponsored company research report on American Premium Water Corporation, which carries a price target. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from American Premium Water Corporation ("the Company") authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commission http://www.sec.gov.
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This press release and the associated Opportunity Research report was prepared for informational purposes only. Goldman Small Cap Research, (a division of Two Triangle Consulting Group, LLC) produces research via two formats: Goldman Select Research and Goldman Opportunity Research. The Select format reflects the Firm's internally generated stock ideas along with economic and stock market outlooks. Opportunity Research reports, updates and Microcap Hot Topics articles reflect sponsored (paid) research but can also include non-sponsored micro-cap research ideas that typically carry greater risks than those stocks covered in the Select Research category. It is important to note that while we may track performance separately, we utilize many of the same coverage criteria in determining coverage of all stocks in both research formats. Research reports on profiled stocks in the Opportunity Research format typically have a higher risk profile and may offer greater upside.
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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 Nano technologies paired without cannabidiol (CBD) to provide wellness benefits and enhance quality of life. The company’s portfolio includes the LALPINA Hydro and LALPINA CBD brands (www.lalpinahydrocbd.com), Cali Bear (www.calibear.life) Vanexxe (www.vanexxe.com) plant + body essentials (www.plantbodyessentials.co).
American Premium Water strives in providing only the highest quality CBD sources for its products, with quality control being one of our first and foremost focuses. The Company aims for this standard not only for compliance reasons, but also to provide our customers the highest quality product possible.
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.
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