|By Marketwired .||
|February 14, 2014 03:31 PM EST||
ALPHARETTA, GA -- (Marketwired) -- 02/14/14 -- American Premium Water Corporation / "APWC" (OTC Pink: HIPH) is excited to provide the following update to the investment community and our shareholders. In order to achieve the Corporation's vision and business plan of Marketing, Promoting and Branding HIPH bottled water.
If successful, this M&A will immediately add $2.5 Million dollars + in Revenue. We believe this action will add the Financial substance, distribution and asset base to further increase shareholder value. American Premium Water Corporation "APWC" is now in the final stages of formal M&A negotiations.
The original vision Alfred Culbreth always had for APWC was too aggressively grow by M&A, thus causing exponential Revenue growth and leveraging individual brand awareness. Our main goal if this transaction is successful is to capture revenue and offer our current brands at a much lower price point. Although we are currently under a confidentiality agreement as it relates to this M&A, we can disclose the following details.
Bullet points are as follows:
- The potential M&A will be a hybrid of cash and stock.
- Revenue exceeds $2,500,000 per year.
- The merger/acquisition co has been in operation for over a decade.
- The current brand of the merger/acquisition is being distributed by one of the nation's top 10 distributors to our target market hence the potential seamless synergy for L'Alpina /Ameris .
- The proprietary source is HIPH and located in the Southeast.
- As we are in the final stages of formal negotiations if successful we anticipate closing by Q2.
We want to thank our shareholders for the continued support. Scheduled future Press Releases will cover, release of lower price point brands, financial filings, management additions, launch of permanent website, operations, logistics, litigation, additional mergers/acquisition, contracts and anticipated ongoing involvement by a Celebrity and additional special events @talentresources hosted by @mikehellertr . For the latest news and updates we welcome our shareholders and the investment community to follow us on twitter @americanpremium and our website which is www.americanpremiumwater.com.
"I now feel with present management and Board of Directors APWC is headed towards the original vision I had. I'm very excited about the prospects for growth in 2014. My feeling is APWC/HIPH was launched at TR SUITES 2014 during Sundance Film Festival. I would also like to mention Mayfair Partners again for the ongoing support and involvement. said Alfred Culbreth
This Press Release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect the Company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The Company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information included in this Press Release including such forward-looking statements.
This press release is issued on behalf of the Board of Directors by Alfred Culbreth, CEO and Director.
Safe Harbor Statement
THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS," AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE.
THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. NO SECURITIES REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED OF THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.
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