American Premium Water Corporation (OTC Pink: HIPH) is engaged as a bottled water company, which operates under the L’Alpina brand. Shares of the water company are diving 34.33%, through early trading on Monday, March 6, 2017. American Premium Water Corporation has seen average daily volume of 32.67 million shares, over the past three months. However, volume of 488.4 million shares or dollar volume of $96,214, has already exchanged hands early Monday.
Shares of American Premium Water Corporation is diving today, after the company announced that is it developing a CBD water product, which is derived from marijuana plants. The company is currently in negotiations for the new product, but the company hopes to launch its CBD product as part of its L’Alpina branded water. Here is the full press release detailing of the new CBD water product:
American Premium Water Corporation Press Release:
PLAYA VISTA, CA–(Marketwired – Mar 3, 2017) – LALPINA WATER (American Premium Water Corporation) ( OTC PINK : HIPH ), a producer of high-quality bottled water, confirmed today what industry insiders have been expecting for some — that the company is in negotiations to distribute/produce a new line of CBD infused in perfect 7.3 pH water. CBD is a non-psychoactive byproduct of the hemp plant, widely believed to have numerous health benefits.
CEO Zack Davis, who, like the company founder, called the CBD water initiative, “the first phase of a long-term, multi-faceted expansion initiative designed to create a diversified portfolio of healthy water brands to co-exist under our parent, American Premium Water.” While he was quick to add that CBD water is only part of the product mix, it is a vital component.
“The truth is that the THC side of cannabis has long received the lion’s share of attention, but most of the population is just starting to wake up to the health benefits of the CBD side of the equation,” he added. “We’re going to make HIPH into a diversified powerhouse of great, healthy water products in the coming year, and we couldn’t be more excited.”
For more information on American Premium Water Corporation / HIPH go to http://www.lalpinawater.com/HIPH. The full LALPINA WATER line up of high pH waters can be found and purchased at: http://www.lalpinawater.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, CEO and 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.