Skip to main content

PURA Finalizes On Increased Investment In ALKM To Produce New CBD Infused Products

Written by Customer Service on . Posted in Public Companies.

Dallas, Texas, June 14, 2021 (GLOBE NEWSWIRE) — Puration, Inc. (OTC Pink: PURA) today finalized with Alkame Holdings, Inc. (OTC Pink: ALKM) on the previously announced commitment for PURA to increase its investment in ALKM.

In an earlier capital investment initiative, PURA acquired a five percent interest in ALKM. 

PURA is working with ALKM and North American Cannabis Holdings, Inc. (OTC Pink: USMJ) in the development of a series of new CBD infused products. PURA’s new investment will be directed at funding ALKM to formulate the products and set up the ALKM plant for producing the products. USMJ will manage marketing of the new CBD infused products.

The investment transaction is now complete. PURA has advanced funds for ALKM to formulate products and set up the ALKM plant for producing new products.  While the investment, like all investments, is at risk, PURA expects the investment to ultimately result in ALKM creating new products for PURA whereby PURA’s return will come from the sale of the new products with no long-term debt or equity impact to ALKM. 

For more information on Puration, visit http://www.purationinc.com
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
+1 (800) 861-1350

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 Puration, Inc. 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.

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.