American Premium Water Corp.’s (OTC:HIPH) Recaps Successful 1st Quarter Amid Planned Growth Initiatives for Rest of 2018
Company announces Q1 Results 2018; Over 7400% growth compared to Q1 2017
PLAYA VISTA., CA / ACCESSWIRE / May 29, 2018 / American Premium Water Corporation (OTC PINK: HIPH) ("APWC") completed a successful first quarter expanding distribution, cultivating partnerships, and laying the foundation for a successful fiscal year by releasing Q1 financials showing quadruple digit growth in comparison to the same period last year, with a 7401% growth in sales.
"We had a great start to the year. Gents performed well in the last quarter. We started the rollout of LALPINA Hydrogen. We had some successful partnership and collaborations launched, specifically on the Gents side with our Chinese joint venture and the collaboration with Billions. It was a good start to the year and I am excited to carry that momentum forward into the 2nd quarter and the rest of 2018. Its been a busy 6 weeks to start the 2nd quarter and I am excited about all the different projects we are working on." Commented Ryan Fishoff.
The Company announced in March that it had entered into a joint venture with Zhangjiagang Advanced Company (ZAC) which will support the Gents brand distribution into mainland China and potential base for Asian expansion for the LALPINA brand. The Company's Gents subsidiary also launched its collaboration with the Showtime (VIA) drama "Billions", making hats inspired by the show, including the official "Axe Capital" hat. The Company also announced in March that it had begun distributing LALPINA hydrogen water at select GNC locations.
"The Company's management team is working very hard to implement the strategy that the Company presented last month at the PlanetMicro Cap Conference. We are working on several distribution partnerships for both brands that will increase revenue. We also have two acquisitions in the works, one in the apparel space, and one in the beverage space. These will add top line growth, and they are both in line with the Company's "Brand.Luxury.Lifestyle" corporate guidelines announced last month. We have been working very closely with Jack Brewer and the Brewer Group over the past few months to assist us with digital marketing and acquisitions. Their work is great, and I am very excited about their work with the Gents "Billions" collaboration and on their work assisting us with acquisitions. Additionally, we are still working with International Monetary, and I hope to be able to update the investor community on a potential blockchain acquisition. As the Company makes progress, we will update the shareholder community as warranted." Added Mr. Fishoff.
The Company has been working with The Brewer Group (www.thebrewergroup.com) since the end of 2017. Led by Ambassador Jack Brewer, a 6-year National Football League veteran, and current CNBC and Fox Business News contributor, among many other accolades and achievements in business, sports, and entertainment. Mr. Brewer and his team have supported the Company’s growth initiatives for the first 5 months of 2018, and the Company looks to further solidify its partnership with them. At its presentation during the Planet Microcap Conference, the Company laid out its strategy for 2018, unveiling its "Brand.Luxury.Lifestyle" platform for acquisitions. The Company reiterated that all its acquisitions, including those in the blockchain space which would fit under this mandate.
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For more information on American Premium Water Corporation / HIPH, go to http://www.lalpinahydrogen.com/investor-page.html
The New York-based Gents is a producer of luxury hats and other fine accessories and apparel.. Their line is carried in over 200 retail outlets internationally, including Bloomingdale’s (M), Nordstrom (JWN), and Saks Fifth Avenue (HBC).
Visit www.gentsco.com to learn more. https://www.gentsco.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 by Alfred Culbreth, Founder /Director.
Disclaimer Regarding Forward Looking Statements
Certain statements in this press release, on American Premium Water Corporation's ("APWC") website and other oral and written statements made by APWC from time to time are "forward-looking statements", as that term is defined in Section 27A of the United States Securities and Exchange Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, Forward-looking statements include, without limitation, statements regarding beliefs, objectives, intentions, goals, plans, strategies, financial projections, any other statements regarding the future and any statements that are not purely historical. These statements are only predictions and involve known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements. Given these uncertainties, you should not place undue reliance on these forward-looking statements. Forward-looking statements speak only as of the date on which they are made, and APWC expressly disclaims any obligation to update or revise any forward-looking statements to reflect events or circumstances after the date thereof. All forward-looking statements, whether written or oral and whether made by or on behalf of the APWC, are expressly qualified by these cautionary statements. Forward-looking statements involve risks and uncertainties which could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. APWC's expectations, beliefs and projections are expressed in good faith and are believed by the APWC to have a reasonable basis, but there can be no assurance that management's expectations, beliefs or projections will result or be achieved or accomplished. A variety of factors, many of which are beyond APWC's control affect APWC's operations, performance, business strategy and results and could cause the actual results, performance or achievements of APWC to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. For APWC, particular uncertainties arise, amongst others but not limited to and not in any order of importance, from (i) focusing on and allocating more resources on certain target markets (ii) the possibility to raise further equity and debt to fund future growth, (iii) changes in demand for APWC's products, (iv) performance issues with key suppliers, affiliates, agents, advisors or subcontractors, (v) changes in government changes in laws or regulations to which APWC or its suppliers are subject, including environmental laws and regulations relating to water or water sources and (vi) the inability to complete announced acquisitions, difficulty or unanticipated expenses in connection with integrating acquired businesses and the risk that anticipated synergies and opportunities as a result of acquisitions will not be realized or the risk that acquisitions do not perform as planned, including, for example, the risk that acquired businesses will not achieve revenue projections.
THIS NEWS RELEASE HAS BEEN PREPARED BY APWC'S MANAGEMENT, 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.
American Premium Water Corporation
12777 Jefferson Blvd.
Playa Vista, CA 90066-7408
Stock Symbol: HIPH
General Inquiries: email@example.com
Investor Relations: firstname.lastname@example.org
Company Website: http://www.lalpinahydrogen.com/investor-page.html
Twitter: @americanpremium, @lalpinawater
SOURCE: American Premium Water Corporation