PURA Announces Analyst Report and Fairness Opinion Covering Stock Dividend Plan
May 29 2019 - 10:44AM
InvestorsHub NewsWire
NOUV Launches New Website to Accelerate
NOUV Dividend to PURA
Shareholders
Management Update Presentation Scheduled
for Tomorrow Thursday May
30th
DALLAS, TX -- May 29, 2019 -- InvestorsHub
NewsWire -- Puration, Inc. (USOTC:
PURA) (“PURA”) today announced a new website published to
accelerate the planed dividend of Nouveau, Inc. (USOTC:
NOUV) (“NOUV”) shares to PURA shareholders in conjunction with
PURA’s spinoff of its cannabis cultivation operations to NOUV in
the fourth quarter of last year. The new website includes
detailed corporate information including capital structure,
financial disclosures, management information, stock quotation and
more. Effective today, the new site includes a research
analyst report on the current business and operations of NOUV and
an independent fairness opinion on the value of the NOUV shares to
be issued to PURA shareholders in conjunction with PURA’s spinoff
of its cannabis cultivation operation to NOUV. The new
website is designed with the intention of providing the details on
NOUV’s operations, structure and value that can support investment
decisions. Management considers making these basic details
available as a prerequisite to issuing the planed stock
dividend. With the NOUV business information site now live
and with the final financial disclosures anticipated to be
published later this week, management is confident that a prompt
issuance of the dividend of NOUV shares to PURA shareholders will
follow.
A detailed management update is scheduled
to be published on the company’s website tomorrow on May
30th, 2019. The update will include highlights on
the company’s recently published 2019 Q1 financial report and the
company’s corresponding $4 million 2019 revenue target and 300%
revenue growth goal for 2019. As CBD infused beverages
continues to rise in market prominence as the potential leading
growth performer in the overall cannabis sector, the management
presentation will include an overview of PURA’s developing merger
and acquisition (M&A) strategy to capitalize on the potential
of cannabis extracts infused into beverages to transform the global
trillion dollar beverage
industry.
The presentation will also include more
details on the impending dividend of NOUV stock to PURA
shareholders. The presentation will also include highlights
on PURA’s partnership with Kali-Extracts (aka Kali, Inc.) (USOTC:
KALY) (“KALY”). KALY owns and operates a U.S. Patented
Cannabis Extraction Process. PURA has the sole license of the
U.S. Patented Cannabis Extraction Process for the beverage
industry.
To see the NOUV website published today,
visit www.NOUV-INFO.com
To see the NOUV Research Analyst Report
and Independent Fairness Opinion, visit www.NOUV-INFO.com/research
For more information on Puration,
visit http://www.purationinc.com
Disclaimer/Safe
Harbor:
This news release contains forward-looking
statements within the meaning of the Securities Litigation Reform
Act. The statements reflect the Company's current views with
respect to future events that involve risks and uncertainties.
Among others, these risks include the expectation that any of the
companies mentioned herein will achieve significant sales, the
failure to meet schedule or performance requirements of the
companies' contracts, the companies' liquidity position, the
companies' ability to obtain new contracts, the emergence of
competitors with greater financial resources and the impact of
competitive pricing. In the light of these uncertainties, the
forward-looking events referred to in this release might not occur.
These statements have not been evaluated by the Food and Drug
Administration. These products are not intended to diagnose, treat,
cure, or prevent any disease.
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800)
861-1350
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