SeeThruEquity, an independent equity research and corporate access firm focused on smallcap and microcap public companies, recently issued a company update on American Premium Water (OTC: HIPH) and increased its initial price target to $0.30 from $0.15. The updated research follows the company’s recent launch of its CBD beverage, LALPINA Hydro CBD, as highlighted in the report. The company’s innovative product is the first of its kind on the market. Looking forward, the SeeThruEquity analysts believe that HIPH may be in a position to seek out partnerships for medical applications of a formulation of its product. Through its technology, the company could take advantage of a significant growth opportunity in a massive industry.
“Having American Premium’s price target revised upward by SeeThruEquity is a validation of management’s current plan. Over the past year, HIPH has transformed, entered one of the fastest growing sectors of the American economy (CBD), significantly reduced debt levels, made strategic acquisitions, entered into substantial distribution agreements, and, most importantly, positioned itself for substantial growth. The Company welcomes SeeThruEquity’s continued research coverage and looks forward to supplying its analysts with more developments as we continue achieving our business plan targets in the near future,” American Premium Water CEO Ryan Fishoff stated in the news release.
To view the full press release, visit http://nnw.fm/ZVl11
About American Premium Water Corp.
HIPH is a manufacturer, distributor, and marketer of branded consumer products. It currently markets and distributes products under LALPINA™ and Gents brands. Under the LALPINA™ brand, the company develops hydrogen-infused energy products. Currently, the product line includes – 1) LALPINA™ Hydrogen and 2) LALPINA™ Hydrogen CBD. Gents is a producer of luxury hats and other fine accessories and apparel. The brand is carried in over 200 retail outlets internationally, including Bloomingdale’s, Nordstrom, and Saks Fifth Avenue, among other boutiques and upscale retailers. For more information, visit the company’s website at www.AmericanPremiumWater.com.
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