American Premium Water Corp. (OTC:HIPH) shares have been under accumulation for the past two weeks.
American Premium Water Corporation (OTC:HIPH), the producer of Lalpina Hydrogen Water and Gents luxury accessories, recently announced a 1,134% increase in sales over itsprevious quarter 2017.
Following the company’s acquisition of Gents, American Premium Water Corporation, the producer of Lalpina Hydrogen Water and Gents luxury accessories announced a 1,134% increase in sales and 80% reduction in debt over the prior quarter in 2017. This outstanding performance is attributable to the Gents acquisition, in Q3, while also working hard to significantly reducing long-term convertible debt and increase shareholder value.
“After acquiring Gents this past September, with only one month of sales for the quarter, our Q3 results reflect the impact of the brand and the revenue it has added to HIPH. Gents is quickly becoming a vital asset to HIPH; I am
looking forward to having a full quarter of revenue, which could represent a further 200% increase in sales, and further contributions for this coming fiscal year.
“In addition to the revenue the Gents brand adds to HIPH, its product will be leveraged to help promote the LALPINA brand. Its infrastructure and management team will be essential in growing LALPINA’s hydrogen energy products, including the launch of hydrogen infused CBD drink, which is on track to be released in the 1st half of 2018,” commented the HIPH CEO. “I am also pleased that we were able to significantly reduce our debt load by over 80% as we get our balance sheet in order and position the company for substantial growth in 2018,” he added.
Mr. Fishoff, the recently appointed CEO of HIPH, outlined his strategic plans for HIPH that included raising capital, developing strategic partnerships for both the LALPINA and Gents brands, wholesale and direct to consumer distribution growth, and international expansion as part of the company’s growth plan in 2018.
“As we previously announced, we have drastically reduced the company’s debt. I am also confident to see that we will continue the trajectory that we are on, having Gents under our corporate umbrella for all of Q4, the results should be extremely positive. We are looking to seize that momentum into the new year as we look to ramp up LALPINA sales, and drive growth of Gents through various business development opportunities that we are pursuing,” Mr. Fishoff said, adding, “We are looking to raise non-toxic capital in the coming quarter to help fund these growth initiatives, and I am confident that the clean-up we did on the balance sheet will help us achieve this by Q1 2018.”
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For more information on American Premium Water Corporation/HIPH, go to http://www.lalpinahydrogen.com/investor-page.html
The New York-based Gents is a producer of luxury hats and other fine accessories and apparel.. Their line is carried in over 200 retail outlets internationally, including Bloomingdale’s, Nordstrom, and Saks Fifth Avenue.
Visit www.gentsco.com to learn more. https://www.gentsco.com
The Coca-Cola Company recently launched a new initiative to collect and recycle the equivalent of every bottle or can it sells globally by 2030. The ambitious plan, called World Without Waste, will focus on the full packaging lifecycle from initial design to repurposing and recycling.
“We believe in the circular economy, where plastic, glass, and aluminum are reused many times instead of being used once and thrown away,” Coca-Cola president and CEO James Quincey wrote in an op-ed for Medium.
The company, which has been criticized by environmentalists for producing billions of plastic bottles that head to landfills and waterways, adopted a broad approach to addressing waste. “Coca-Cola, rather than taking on the difficult task of recollecting all of its own bottles, aims to collect an amount of bottles equivalent to what it produces,” the Wall Street Journal’s Cara Lombardo reported.
In order to achieve this goal, the company is taking several steps. One is investing in marketing recycling to make the process easier — sharing what, how, and where to recycle packaging, Quincey said on Medium.
The beverage company will rely on partnerships with organizations to help tackle existing waste. Back in 2002, Coca-Cola bottlers in Mexico came together with industry leaders to create a nonprofit called Ecology and Corporate Commitment (ECOCE) that promotes recycling, and established two food-grade PET plastic recycling facilities, according to the company.
“These investments are paying off,” Coca-Cola’s Jay Moye wrote online. “In 2016, Mexico recycled 57% of the PET plastic it produced, up from 9% in 2002, making it the leading country globally for PET recycling.”
Other partners include the Ocean Conservancy/Trash Free Seas Alliance, the World Wildlife Fund, and the Ellen MacArthur Foundation. A longtime partnership with the Ocean Conservancy’s International Coastal Cleanup effort mobilized 20 million people to clean more than 220 million pounds of trash from coastlines.