American Premium Water Corp (OTC:HIPH)
Announces August 29th
as Launch Date for its New Pet CBD Water
The Company also addresses
shareholder concerns
PLAYA
VISTA, CA -- August 15, 2019 -- InvestorsHub NewsWire
-- American Premium
Water Corporation (OTC:
HIPH) ("the Company") announces
that its
Lynks
Pet
CBD Water,
a
joint venture with LinkRes
Pets
(OTC:LRSV)
will
be launched on August 29th,
2019.
The
Company previously
announced in July it would
be launching on Singleseed.com. The Company is also
in
discussions with other pet retail
outlets to
distribute
the
product.
American Premium
Water Corporation CEO Ryan Fishoff stated "I'm happy to
announce that the Company will be officially launching
Lynks
CBD
Pet Water at the end of the
month.
This product will
establish itself in the
pet
products sector. It is a very unique
product that I believe
will pick up traction real quick.
There
are very few pre-packaged waters designed for
pets available in the
marketplace, let alone infused with our proprietary Hydro Nano CBD
technology. Beverages for pets
has been an
overlooked
category in the pet
space; I feel that
Lynks
Pet
CBD will be
not
only create
the
market
segment but also
become
the
market
leader.
Sales
of pet products
infused with CBD
have
been growing
exponentially in
this
industry;
we
are excited
to be
joining this growing category and look forward to generating
additional revenues for the Company."
The
American Pet Products Association estimates that the US pet product
industry will be worth over $75 billion in 2019.
The
Brightfield Group projects that CBD
Pet Product Market will represent
over $1.5 billion in sales
of an
estimated $23 billion CBD market by 2023.
Pet
owners are typically more affluent, as a
research
report
by Research and Marketing estimates
that over 55% of US
households own a pet, and of that group,
they are more likely to
be in a higher income household than non-pet owners.
The
Company has received a number of shareholder inquiries over the
past few weeks. There are currently no plans in the foreseeable
future for any changes to the outstanding share structure,
including a
reverse split. In
addition, the reason there was a discrepancy in 2017 and 2018 sales
figures was a change in revenue recognition requirements that
affected how revenue was
booked from the Gents
acquisition in
September
2017. This combined with
the original structure of that transaction necessitated the
change. The Company has
since
retained Weinberg & Co.
to ensure that there are no more issues in this area.
LALPINA CBD water
can now be purchase online at visiting
https://www.singleseed.com/product/lalpina-cbd-water-6-pack/
The
Company was recently given a short-term price target of $0.05-$0.06
by Ludlow Research. To read full report, risks, and disclosures,
click
here
To
Buy Vanexxe
on
Wal-Mart, click
here
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 treat health disorders and
enhance quality of life. The company's
portfolio includes the LALPINA Hydro and LALPINA CBD brands
(www.lalpinahydrocbd.com),
Gents (www.gentsco.com),
Vanexxe
(www.vanexxe.com)
and
plant
+ body essentials (www.plantbodyessentials.com).
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.
This
press release is issued on behalf of the Board of Directors of
American Premium Water Corporation
