LAS VEGAS, NV -- April 16, 2021 -- InvestorsHub NewsWire --
Alkame Holdings, Inc. (OTC
PINK:ALKM), is pleased to provide an update to our valued
shareholders.
As our company forges ahead in today's COVID-19 marketplace we
are constantly adapting and evolving for long term success.
In 2020, we felt it was our company's patriotic duty and
responsibility to temporarily switch our manufacturing operations
to produce quality PPE products such as hand sanitizer for first
responders and the medical sector. A lengthy amount of time went
into licensing, regulatory, compliance inspections, certifications,
and formulations. Luckily, we were able to see some wins with sales
to the State of Oregon. This allowed us to weather an unstable
change in our co-packing business as our clients, which we are
dependent upon, were deeply and adversely affected by a massive
decrease of retail and distribution sales due to lockdowns. We took
this down time to reduce our expenses and focus our energy on
higher margin revenue opportunities, such as our own brands to
improve our positioning for future growth. We are optimistic as we
return to more normalcy, and more and more restrictions ease up
from the Covid-19 pandemic.
As 2020 progressed we were able to secure a Canadian
distribution partner for PPE products, and provide the necessary
information and documentation to allow us to export. While we await
the Canadian government to work with this distributor and process
the information, we are busy working with our various subsidiaries
to refocus on our business strategy and continue once again towards
building a diversified holding company. This included our
liquid-based food and beverage products both non hemp and hemp
enhanced and to begin the steps of providing online fulfillment
services, coupled with an immense amount of effort on strengthening
our patents and advancing an already successful water treatment
technology. We believe this will play a significant role in our
long-term stability and value. The Company continues to improve the
facility's process technologies in an effort to increase production
and lower costs. Our operating expenses and losses are continuing
to decrease, and we expect to continue lean operations and focus
more in online direct to consumer business applications.
The remainder of 2020 and the first part of 2021 we focused on
ramping up the setup of our West Coast CoPacker facility. While we
know the hand sanitizer industry is not going away, we needed to be
able to focus on liquid consumer food & beverage production,
while still maintaining the regulatory and compliance expectations
regarding the warehousing and manufacturing of Alcohol. Our new
facility will almost double our production capabilities utilizing
our additional high-speed equipment to expand production
capabilities at our Salem facility. This diverse new production
location is a big change for us. By working diligently through
these difficult times, the new facility will also allow us to
advance our third-party health inspections beyond what we are
currently able to accomplish with the Gervais facility, moving us
into one of the highest rated compliance certifications available.
We expect the Salem facility to start operations in May 2021. We
are pleased with the facilities progress along with the vast array
of equipment that is now being reorganized and installed for an
extremely efficient production space.
While we continue to advance in bringing this facility into an
operational status, we have been diligently working with new and
existing clients and recent business development efforts have led
to onboarding several amazing partners and production agreements to
develop, formulate, produce, and deliver quality products in the
food & beverage space. Our Company has also begun a process to
initiate a multi-channel distribution strategy with our products
going direct to consumers and is expected to be deployed over the
course of the year. Our recent work on the acquisition of
DistributorCorp will provide an online avenue for Alkame to supply
Sanitizer and assorted PPE products, as well as any non-hemp
related products including our Alkame brand of premium oxygenated
alkaline bottled water. Now currently under construction, this
suite will enable online purchasing and fulfillment that is being
developed to seamlessly provide products to our customers and
shareholders. A secondary website for online fulfillment pertaining
to our Hemp related products is also in the works under a Shop
Alkame portal.
Several of our online assets are in the process of being
revamped or developed and built out, including but not limited to
www.CbdCopacker.com, www.WestCoastCopacker.com, www.AlkameWater.com, www.DistributorCorp.com. Our corporate website is also
being updated at www.AlkameHoldingsinc.com. These should all be ready
and complete in the next few weeks. For additional updates and
information, shareholders are asked to follow our social media
accounts, primarily on Facebook @alkameholdings where more can be found on
co-packing work with company's to include Puration, Inc. (PURA)
and PURA's partners PAO Group, Inc. (PAOG)
and North American Cannabis Hodlings, Inc. (USMJ).
While the pandemic seems to be slowing down the variants are
not. The variant is now in all 50 states. We are proud of the fact
that we had put people ahead of profits. We have a high regard for
human life and thus our focus was temporarily less on making profit
and more on trying to help, and now we can get back to more
profitable business. While the fourth quarter and first quarter
production numbers are below the current facility processing
capacity and forecast amounts, which was expected and
understandably unavoidable, management is confident that recent
ease in Covid-19 related supply restrictions are easing up.
Loosening logistical and cargo extensive shipping and offloading
delays, along with industry shutdowns, and warmer weather should
result in higher production numbers for us over the coming months.
We have survived and rode out the worst of the "storm" which has
not only crippled the economy, caused the loss of too many
businesses, jobs and lives, we have survived and are finally
getting back on track following all these industry delays. We are
building a company that will be stronger as we have so much
potential ahead of us. We continue to improve our facility and
process technologies to increase production and lower costs. Much
more to follow in the coming weeks. Thank you, for your patience
and understanding.
About Alkame Holdings, Inc.
Alkame Holdings, Inc. is a publicly traded holding company that
operates with a focus in distinct sectors: health and wellness,
technology, manufacturing, and distribution. The Company's wholly
owned subsidiaries manufacture and distribute products with an
emphasis on utilizing an enhanced water technology with several
unique properties. The water technology is supported by four
independent human clinical studies. There are a multitude of
product applications we currently, or have capability to, utilize
with our technology to produce and/or add value to, including but
not limited to, consumer beverages, CBD/hemp products, pet
products, horticulture, agriculture and aquaculture applications,
and hand sanitizers.
For more information, visit www.alkameholdingsinc.com.
Alkame Holdings, Inc. Investor Relations
Website: www.alkameholdingsinc.com
Email: info@alkameholdingsinc.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 Alkame will achieve significant sales, the failure to meet
schedule or performance requirements of the Company's contracts,
the Company's liquidity position, the Company's 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.
SOURCE: Alkame Holdings, Inc.
PAO (PK) (USOTC:PAOG)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
PAO (PK) (USOTC:PAOG)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025
