NEW YORK, Feb. 21, 2019 (GLOBE NEWSWIRE) -- OTCinsider.com News Commentary –
Last week’s announcement in which American Premium Water Corp (OTC: HIPH) has opened up distribution to the $1.25 billion European hemp market is another reason why the Company sits as one of the top undervalued small cap stocks. Here are a few other reasons why the Company has established itself as such.
Acquisitions and Partnerships
Over the past few months, the Company has made a number of acquisitions and partnerships with a wide variety of companies, which include:
-Yesterday, the Company announced that it was establishing its own nano-technology testing facility in Southern California, which will have sophisticated molecular technology to analyze and test its CBD and THC products. The Company hopes that it will one day be available to provide testing services for other companies.
-In January, Cutting Edge Beverages was announced as the Company’s distribution agent in the Northeast. Cutting Edge Beverages has relationships with large grocery chains, natural health stores, convenience stores, and independent retailers
-In December, the Company announced that its LALPINA CBD beverage would be sold with Fit Food Fresh (https://www.fitfoodfresh.com) along with its fresh prepared food plans. Fit Food Fresh, which is the highest rated food delivery program in South Florida, services customers in Palm Beach, Dade, Broward and Martin counties, which, according to the latest census figures, comprises the largest population concentration in Florida.
-In November, the Company announced that it had signed and finalized a product license and sales distribution agreement with Canyon Create Corp. (“Canyon”) (www.canyoncreate.com), the maker of Vanexxe, a varicose vein cosmetic masker, and Prickly Pear, a CBD-infused acne skin cream, among other patented topical and cosmetic technologies.
-The Company also announced the same month that its LALPINA CBD beverage will be sold at Come Back Daily (www.comebackdaily.co) in New York, NY. Come Back Daily, located at 381 Broadway, in the Tribeca neighborhood of Manhattan, is New York City’s first CBD-focused pop-up store.
2. Price Targets
SeeThru Equity, the leading small and microcap research firm, recently upgraded its price target for HIPH from $0.15 to $0.30
Ludlow Research recently provided a short, speculative price target for the Company of $0.15-$0.20 a share
3. Financing Agreement
American Premium Water Corp. recently announced that it has entered into a financing agreement with an institutional investor at a $0.40 valuation.
HIPH is more than a CBD water company. Over the past year, it has built a diversified luxury consumer Products Company focused on businesses in the health and beauty and biotech sectors. The company is focused on acquiring technologies across a wide spectrum of product categories that use cannabidiol (CBD) to treat health disorders and enhance quality of life. The market has not accounted for the number of businesses they have established a presence in. The Company has shown a track record of executing their business plan, which makes us believe that HIPH could have substantial appreciation over the next few months.
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