CEO of American Premium Water Buying Large Position of Open Market Shares
DELRAY BEACH, FL--(Marketwired - Dec 1, 2014) - American Premium Water Corporation "APWC" (OTC PINK: HIPH) www.americanpremiumwater.com is pleased to provide the following update to the investment community and our shareholders. American Premium Water Corporation's (OTC PINK: HIPH) CEO Alfred Culbreth has recently acquired a total of 20,300 shares of the company's stock on the open market. The acquisition of these shares were open market purchases taking place over the last 30 days. The stock was purchased at an average price per share of $1.76. When the CEO of a company goes out of his way to invest in his company and purchase shares on the open market, it's generally suggested they feel confident in the value of the stock. Mr. Culbreth gave the applicable fillings and disclosures to his broker for these open market purchases. Following the completion of these open market purchases of the company's stock, the chief executive officer has now purchased a total to date, of nearly 1% of the share float.
"My unwavering confidence in the long-term value of American Premium Water Corporation, its business model, exceptional products, growing customer base and strong growth prospects has never been in question. My recent purchases of HIPH shares on the open market uphold my belief that the current market valuation does not reflect the fundamentals of APWC and its growth potential. Moreover, I feel the company offers superior products and will be adding additional products to meet consumer demand and grow sales." -Alfred Culbreth, CEO of American Premium Water Corporation
Forward-Looking Statements
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information included in this Press Release including such forward-looking statements.
This press release is issued on behalf of the Board of Directors by Alfred Culbreth, CEO and Director.
Safe Harbor Statement THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS", AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
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Contact: American Premium Water Corporation 1615 South Congress Suite 103 Delray Beach, FL 33445 (888)-983-0054 Stock Symbol: HIPH General Inquiries iperson@americanpremiumwater.com Investor Relations ir@americanpremiumwater.com www.americanpremiumwater.com Twitter @americanpremiumwater @lalpinawater