American Premium Water
Corp.(OTC:HIPH)
Announces CEO
Ryan Fishoff will add title of Interim
Chairman
Playa Vista, CA --
November 5, 2018 -- InvestorsHub 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 in 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 exciting to see what the rest
of the year has in store for the Company and usher American Premium 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:
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New York
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