The price target of $0.0125 comes after the Company recently completed the acquisition of distribution agreement with Q4 Sports
BALTIMORE, MD / ACCESSWIRE / February 20, 2020 / American Premium Water Corporation (OTC PINK:HIPH) announces today that Goldman Small Cap Research, a sponsored research provider focused on microcap stocks, has issued a new research update this morning. This update highlights the impact of the Company closing its distribution agreement with Q4 Sports (www.q4sports.com). In the sponsored research update, analyst Rob Goldman affirms his price target of $0.0125 and his investment thesis, noting that the news reflects a milestone event that is wide-reaching for the Company in terms of revenue, cross-selling opportunities, and a reach into new markets.
"In our view, this news serves as a transformational event for HIPH. First, it will foster cross-selling opportunities for HIPH that leverages the Q4 platform which could evolve into new, additional distribution. Second, HIPH can now reach a diverse and new demographics for its CBD offerings---that has heretofore not been widely targeted by HIPH's peers, " according to the Goldman Small Cap Research update.
Goldman also cited in the update that since his initiation of coverage report released on February 13, 2020, the HIPH stock price has already risen by 28%, with room to move much higher, based on future business development and revenue expectations. Both the report and the update, along with the associated disclosure and disclaimers can be read or downloaded on the Goldman Small Cap Research website here.
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About American Premium Water Corp.
American Premium Water (OTC: HIPH) is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of Nano technologies paired without cannabidiol (CBD) to treat health disorders and enhance quality of life. The company's portfolio includes the LALPINA Hydro and LALPINA CBD brands (www.lalpinahydrocbd.com), Q4 Sports (www.q4sports.com), Gents (www.gentsco.com), Vanexxe (www.vanexxe.com) and plant + body essentials (www.plantbodyessentials.com).
American Premium Water strives in providing only the highest quality CBD sources for its products, with quality control being one of our first and foremost focuses. The Company aims for this standard not only for compliance reasons, but also to provide our customers the highest quality product possible.
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.
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SOURCE: American Premium Water Corporation