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PURA Confirms Increased Investment In ALKM

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DALLAS, June 11, 2021 – Puration, Inc. (OTC Pink: PURA) today confirmed it will increase its investment in Alkame Holdings, Inc. (OTC Pink: ALKM).

In an earlier capital investment initiative, PURA acquired a five percent interest in ALKM.

PURA is working with ALKM and North American Cannabis Holdings, Inc. (OTC Pink: USMJ) in the development of a series of new CBD infused products.  PURA’s new investment will be directed at funding ALKM to formulate the products and set up the ALKM plant for producing the products.  USMJ will manage marketing of the new CBD infused products.

The investment transaction is expected to be finalized next week.

For more information on Puration, visit http://www.purationinc.com

Contact:
Puration, Inc.
Brian Shibley,
[email protected]
+1 (800) 861-1350

Disclaimer/Safe Harbor: This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that Alkame will achieve significant sales, the failure to meet schedule or performance requirements of the Company’s contracts, the Company’s liquidity position, the Company’s ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.

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Source: https://otcprwire.com/pura-confirms-increased-investment-in-alkm/

OTC Newswire

Any investor who avoided Exxe Group, Inc. (AXXA), Wayfair (W) and At Home Group (HOME) over the past twelve months would be well served to take another look

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The global furniture market is expected to grow from $564 billion in 2020 to $671 billion in 2021 at a compound annual growth rate (CAGR) of 18.9%.

4 good reasons attributed to this growth:

  • Improved housing market fundamentals in the United States make the near-term outlook for the furniture industry encouraging.
  • Mortgage interest rates are at record lows,
  • The continuous declines in mortgage rates have been driving new home sales, which in turn, should drive demand for furniture products in the near term.
  • Working from home or stay-at-home orders amid the COVID-19 pandemic have encouraged consumers to take on more home improvement projects.
  • Significant investments in renovation are expected to brighten the market outlook.

With home sales soaring around the world, furniture stocks provide an interesting investment opportunity for short and long-term investors. As more people buy new homes, new furniture likely follows. Here are four stocks riding this trend: Exxe Group, Inc. (OTC US: AXXA), Wayfair (NYSE: W) and At Home Group (NYSE: HOME).

Exxe Group, Inc. (OTC US: AXXA), a diversified fintech company, recently acquired a controlling interest in furniture manufacturer and interior design agency daskonzept group AG, which is headquartered in Thun, Switzerland.

  • daskonzept had assets of $11.4 million, revenue of $4 million, and EBITDA of approximately $813,000 in CY-2020. CY-2021 estimates are for revenue growth of 37% to $5.5 million, and EBITDA growth of 34% to $1.1 million.
  • daskonzept furniture brands include USM Haller, Vitra, Tecno, and Inno. The Company has various furniture manufacturing plants, offices, and warehousing operations in Switzerland, Italy, Finland, and Germany.
  • daskonzept has served a range of prestigious clients including, but not limited to, MoMA, Museum of Modern Art, New York, Charles & Ray Eames, George Nelson, Sir Norman Foster, Frank Gehry, Nicholas Grimshaw, Zaha Hadid, Tadao Ando, Alvaro Siza, Herzog & de Meuron, and SANAA.

The company recently reported record Revenues for Quarter Ending December 31, 2020

  • 3Q2021 revenues of $9.3M surpass record $8.2M set in 2Q2021
  • $9.3M 3Q2021 revenues increase 103% from $4.6M in 3Q2020
  • Record $23.7M revenue generated in first nine months of FY-2021
  • AXXA raises FY-2021 annual revenue estimate by 6% from $30.8M to $32.7M

Wayfair Inc. (NYSE: W), founded in 2002 and headquartered in Boston, Massachusetts, engages in the e-commerce business in the United States and internationally. It provides more than twenty million products for the home sector under various brands. The company offers online selections of furniture, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands.

Last month, the online retailer announced another quarter of nearly 50% sales as consumers prioritized spending on home furnishings.

At Home Group Inc. (NYSE: HOME), founded in 1979 and headquartered in Texas, operates home decor superstores in the United States. The company’s stores offer home furnishings, including accent furniture, furniture, mirrors, patio cushions, rugs, and wall art; and accent décors, such as artificial flowers and trees, bath, bedding, candles, garden and outdoor decors, holiday accessories, home organization, pillows, pottery, vases, and window treatments. As of April 21, 2021, it operated approximately 226 stores.

Any investor who avoided Exxe Group, Inc. (AXXA), Wayfair (W) and At Home Group (HOME) over the past twelve months would be well served to take another look. Right now could well be the opportunity you’ve been waiting for.

DISCLAIMER:  EDM Media LLC (EDM), is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses, and may NOT sell, offer to sell, or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed, EDM has been compensated eighty-five hundred dollars for news coverage of the current press releases issued by Exxe Group, Inc. (OTC US: AXXA) by a third party.

EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.

Media Contact:

EDM Media LLC

Email: [email protected]

Office: 800-301-7883

EDM.Media

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OTC Newswire

The Emerging Landscape for Cannabis Stocks (ECOX, TLRY, GRWG, ACB, CGC, SNDL, MJNA, MCOA)

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According to a recent report from ResearchAndMarkets.com, the global cannabis market is estimated to be valued at $20.5 billion in 2020 and is projected to reach $90.4 billion by 2026, recording a CAGR of 28%, in terms of value.

This makes it one of the fastest-growing large consumer markets in North America over the coming decade. That should signal an important development for secular long-term investors.

As the cannabis marketplace matures further, one can anticipate disruptions and innovations that reshape the power dynamics within and among major players in the industry. But, underneath it all, we should see the tailwind of an expanding pie as developed world legalization and mainstream adoption continue to present the most significant factors in shaping the outcome distribution for shareholders in the space.

This strong growth trend and its accompanying shifting landscape of key developments will set the tone for leading cannabis stocks like Tilray Inc (NASDAQ: TLRY), Marijuana Company Of America Inc (OTC US: MCOA), Eco Innovation Group (OTC US: ECOX), Aurora Cannabis Inc (NASDAQ: ACB), Canopy Growth Corp (NASDAQ: CGC), Sundial Growers Inc (NASDAQ: SNDL), Medical Marijuana Inc (OTC US: MJNA), and GrowGeneration Corp (NASDAQ: GRWG).

We take a closer look at a few of the more interesting names below.

Tilray Inc (NASDAQ: TLRY) offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. The company has also been the subject of the recent megamerger in the pot space, combining with Aphria (APHA).

One of Tilray’s key subsidiaries is High Park, which was launched to produce and distribute world-class cannabis brands and products for the Canadian market. Based in Toronto and led by a team with deep experience in cannabis and global consumer brands, High Park has secured the exclusive rights to produce and distribute a broad-based portfolio of cannabis brands and products in Canada, subject to applicable laws and regulations.

Tilray Inc (NASDAQ: TLRY) recently announced the launch of Symbios, a complement to the Company’s existing medical brand portfolio in Canada. This new brand was developed to provide a broader spectrum of formats and unique cannabinoid ratios at a better price point while offering medical patients a full comprehensive assortment of products, including flowers, oils, and pre-rolls for their health and wellness regiment.

Irwin D. Simon, Tilray’s Chief Executive Officer, said, “Medical cannabis innovation and patient care are core to the new Tilray’s business and global growth strategy. As we look ahead, we remain focused on building momentum across our three medical brands – Symbios, Aphria, and Tilray — while meeting the large and growing demand for new, high-quality cannabis products that promote health, wellness, and wellbeing.”

Even in light of this news, TLRY has had a rough past week of trading action, with shares sinking something like -11% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way.

Tilray Inc (NASDAQ: TLRY) managed to rope in revenues totaling $48M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of -7.8%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($416.4M against $284M).

Eco Innovation Group (OTCMKTS: ECOX) is a particularly interesting name to appear on this list because it might just come to define the extraction landscape for many of the other names mentioned here due to its recent exclusive licensing agreement for a next-gen prototype system designed to extract natural bioactive product compounds from plants using supercritical glycerin as the extraction solvent.

According to company materials, this could revolutionize the cannabis products marketplace and position ECOX as the bell of the ball. Time will tell.

The company was founded, according to its materials, “by Inventors and Business Professionals to help nurture and catalyze the most innovative and impactful products and services, and to deliver those innovations to the world, improving the quality of life in our communities and the world around us, while delivering value to our shareholders. At ECOX, we are dedicated to developing and commercializing successful products. But we will never lose sight of the fact that we exist, first and foremost, to help people and improve life on the planet we all share. We take our Social Responsibility Contract seriously in all our endeavors. It is not only what we do. It is who we are.”

Eco Innovation Group (OTCMKTS: ECOX) announced this morning a series of proactive steps to eliminate dilution risk for its shareholders through the preemptive canceling of variable convertible debt. According to the company’s release, the variable-rate convertible promissory notes paid posed the risk of a potential conversion of $131,077 at a discount of 39% to the average market price of the Company’s common shares at the time of conversion. As a result of the Company’s payments, that potential dilutive conversion has now been reduced.

The Company eliminated and reduced the Variable Notes as a part of its strategy to protect the Company’s shareholder value by reducing and eliminating dilution risk stemming from variable-rate and discounted convertible financing. Following the payoffs, approximately $70k in variable-rate or discounted convertible debt remains on the Company’s balance sheet. From management commentary, one might reasonably assume that the company is working toward the elimination of the rest of this dilution risk as well.

Julia Otey-Raudes, President and CEO of ECOX, stated, “Our reputation as a shareholder-friendly Company and the financial security of our shareholders are both priceless ideals. Reducing the risk of dilution to our investors reduces uncertainty and lightens our balance sheet. We look forward to identifying other opportunities to defend our shareholders’ interests and avoid unnecessary dilution in financing our progress as we move toward the commercial launch of multiple disruptive green technology projects currently in our late-stage pipeline.”

Eco Innovation Group (OTCMKTS: ECOX) shares have been consolidating over the past year as the stock builds up liquidity in anticipation of its transition toward full commercial-stage operations. The company has also noted over recent months that it is planning on a share uplisting process and has completed some related steps. The elimination of toxic debt may help in that process as well.

GrowGeneration Corp (NASDAQ: GRWG) trumpets itself as a company that, through its subsidiaries, owns and operates retail hydroponic and organic gardening stores in the United States. The company has been growing rapidly through a series of key strategic moves.

GrowGen carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers.

GrowGeneration Corp (NASDAQ: GRWG) recently announced that Power Si, a proprietary brand operated and owned by GrowGen, has signed an exclusive distribution agreement with GreenPlanet Wholesale, one of Canada’s oldest and most trusted hydroponic distributors. PowerSi’s original patented formula of mono-silicic acid has consistently proven to improve the yield, strength, and lateral branching of crops and is a must-have for new and experienced growers. Power Si is widely used in North America and facilitates fast, visible, and structured periods of both vegetative and flowering growth.

“We are thrilled that, at long last, Canadians will have the opportunity to experience firsthand what Power Si brings into their gardens,” stated Mark Walman, Chief Operating Officer for GreenPlanet Wholesale. “This is a groundbreaking product with proven success in the garden and a huge following in countries around the world. At GreenPlanet Wholesale, we are committed to bringing our customers the best products the industry has to offer, and Power Si is another example of this. This product has been long-awaited in the Canadian Marketplace, and we could not be prouder to partner with the great team at Power Si. I can’t wait to hear from our growing community as they begin to use this exciting new product.”

The stock has suffered a bit of late, with shares of GRWG taking a hit in recent action, down about -9% over the past week.

GrowGeneration Corp (NASDAQ: GRWG) managed to rope in revenues totaling $90M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top-line growth of 172.9%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($133.1M against $45.7M).

DISCLAIMER:  EDM Media LLC (EDM), is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts, and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated seven hundred fifty dollars for news coverage of the current press releases issued by Eco Innovation Group (OTCMKTS: ECOX) by a third party.

EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.

Media Contact:

EDM Media LLC

Email: [email protected]

Office: 800-301-7883

EDM.Media

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Family Fun Stocks for the Great American Reopening (FUNN, PLAY, AMC, DIS)

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Across the country, states are beginning to declare an end to mask and social distancing mandates as the percentage of the population now vaccinated approaches a level within the “herd immunity” range and case numbers, hospitalizations, and deaths related to Covid-19 trend lower and lower in the US.

While this is hardly the case all around the world, it certainly is something to celebrate for Americans as we approach Independence Day.

You have likely noticed traffic levels jumping and your favorite local hotspots filling up with smiling visible faces.

This is also an important threshold for investors as it means the family fun spots that were hit so hard during the pandemic last year finally have an opportunity to start driving serious revenue growth again.

This has significant implications for major theme parks like Walt Disney Co (NYSE: DIS), but it also marks a powerful turning point for smaller operations in the family fun industry like Dave & Buster’s Entertainment Inc (NASDAQ: PLAY), Amfil Technologies Inc (OTC US: FUNN), and AMC Entertainment Holdings Inc (NYSE: AMC).

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) bills itself as the owner and operator of 141 venues in North America that combine entertainment and dining and offer customers the opportunity to “Eat Drink Play and Watch,” all in one location.

Dave & Buster’s offers a full menu of entrées and appetizers, a complete selection of alcoholic and non-alcoholic beverages, and an extensive assortment of entertainment attractions centered around playing games and watching live sports and other televised events. Dave & Buster’s currently has stores in 40 states, Puerto Rico, and Canada.

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) most recently announced financial results for its first quarter of the fiscal year 2021, which ended on May 2, 2021, including notes that revenues totaled $265.3 million compared with $159.8 million in the first quarter of 2020 and $363.6 million in the first quarter of 2019, overall comparable store sales declined 35% compared with the same period in 2019, and comparable-store sales at fully operational stores declined 17% compared with the same period in 2019.

Brian Jenkins, Dave & Buster’s Chief Executive Officer, said, “The strength and resilience of the Dave & Buster’s brand has never been more evident. We saw a significant improvement in demand across our store base in the first quarter, including at our recently re-opened New York and California stores. We generated $265 million in total sales, surpassing the top end of our expected range for the quarter, and established a new high-water mark in our post-Covid sales recovery. This strong sales rebound, coupled with our lean operating model, drove outstanding profit flow-through during the quarter, and generated $72 million in EBITDA, only 19% below the first quarter of 2019.”

The stock has suffered a bit of late, with shares of PLAY taking a hit in recent action, down about -12% over the past week.

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) managed to rope in revenues totaling $265.3M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top-line growth of 66%, as compared to year-ago data in comparable terms. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($20.2M against $279.2M, respectively).

Amfil Technologies Inc (OTCMKTS: FUNN) bills itself as a company that engages in the acquisition and creation of income-generating private companies and optimizing operations under the Amfil Technologies umbrella. It also seeks to achieve long-term financial returns consisting of regular dividend income, benefiting from preferential tax treatment, and expecting modest mid-to-long term capital growth.

Amfil Technologies Inc. is the parent company to three wholly-owned subsidiaries: Snakes & Lagers Inc. holds the trade name and is the owner of Snakes & Lattes Inc. which currently operates 3 tabletop gaming bars and cafes located in Toronto, Ontario, 2 in Arizona (Tempe, Tucson) and 1 in Chicago, Illinois. FUNN Dispensaries, Inc. is entering the Canadian cannabis dispensary market with its first dispensary expected to open by the summer of 2021 and a goal of significant expansion throughout Canada. And Interloc-Kings Inc. is a hardscape construction company servicing the Greater Toronto Area that the company plans to spin off in the future.

Amfil Technologies Inc (OTCMKTS: FUNN) is in the process of expanding its Snakes & Lattes brand throughout North America and was the first board game bar and cafe in North America. It is also believed to be the largest in the world and has the largest circulating public library of board games in North America for customers to choose from.

The company also recently announced the hiring of its new Chief Operating Officer, Aaron McKay, who will support the company in executing its growth strategy and vision.

“Aaron brings decades of restaurant and management experience to this role,” said Ben Castanie, Snakes & Lattes founder. “Aaron’s discipline and sense of organization coupled to a deep understanding of our business make him the ideal candidate to lead operations of the organization.  His expertise will be critical in driving growth of the Snakes & Lattes brand.”

“As we shift our focus to reopening and expansion, we have a unique opportunity to help people connect with one another after the year we’ve had,” said McKay. “Nothing makes me happier than seeing a room full of people laughing, playing games, and connecting over terrific food and drinks.  I’m excited to bring that feeling to as many people as possible by growing the brand and continually making ourselves better every day.”

Amfil Technologies Inc (OTCMKTS: FUNN) managed to rope in revenues totaling $736K in overall sales during the company’s most recently reported quarterly financial data — a figure that represents the struggle of this industry during a pandemic. Now that we are in the full reopening mode, the company can likely look forward to a jump in foot traffic, sales growth, and brand traction ahead.

AMC Entertainment Holdings Inc (NYSE: AMC) frames itself as the largest movie exhibition company in the United States, the largest in Europe and the largest throughout the world with approximately 950 theatres and 10,500 screens across the globe.

AMC has propelled innovation in the exhibition industry by deploying its Signature power-recliner seats; delivering enhanced food and beverage choices; generating greater guest engagement through its loyalty and subscription programs, web site and mobile apps; offering premium large format experiences and playing a wide variety of content including the latest Hollywood releases and independent programming.

AMC Entertainment Holdings Inc (NYSE: AMC) most recently announced information about share and shareholder counts ahead of a shareholder meeting, including that there were 501,780,240 shares outstanding as of June 2, 2021, the record date for the Shareholder Meeting scheduled for July 29, 2021, and that, as of June 2, there were approximately 4.1 million1 individual shareholders eligible to vote at the upcoming Shareholder Meeting.

Commenting about the share count, AMC President and CEO Adam Aron said, “The number of investors who want to own a part of AMC continues to increase and now stands at approximately 4.1 million. More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares. Some hold more and some hold less, however, each and every shareholder is important to AMC. Each shareholder has a critical role to play in AMC’s future by having their voice heard by voting at our upcoming Shareholder Meeting. By voting in favor of the proposals, together we can help position AMC, in its 101st year of business, for continued success over the next century.”

If you’re long this stock, then you’re liking how the stock has responded to the announcement. AMC shares have been moving higher over the past week overall, pushing about 12% to the upside on above-average trading volume. Shares of the stock have powered higher over the past month, rallying roughly 341% in that time on strong overall action characterized by rampant participation by Reddit traders and severe short covering from hedge funds.

AMC Entertainment Holdings Inc (NYSE: AMC) generated sales of $148.3M, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of -8.7% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($842.1M against $1.6B, respectively).

DISCLAIMER:  EDM Media LLC (EDM), is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated fifteen thousand dollars for an ongoing marketing campaign and news coverage of the current press releases issued by Amfil Technologies Inc (OTCMKTS: FUNN) by the company.

EDM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.

Media Contact:

EDM Media LLC

Email: [email protected]

Office: 800-301-7883

EDM.Media

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Set It and Forget It: Investing in Health and Fitness (TQLB, USNA, HLF, CELH, SMPL, NATR)

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Secular growth themes are critical to long-term investment strategies because they depend on far-reaching trends that transcend the ups and downs of the short-term business cycle.

The health and fitness supplements market is growing strong and has all of the characteristics of a secular growth theme. According to Grand View Research, the global dietary supplements market size was estimated at over $123 billion in 2019 and is projected to expand at a CAGR of 8.2% over the next 7 years, driven by factors such as rising health concerns and changing lifestyles and dietary habits.

Research also points to a positive outlook for the sports nutrition market driven by a rise in the number of sports complexes and gymnasiums and an increase in the number of global sports events, both of which encourage athletes and consumers to focus on peak health and physical strength.

This makes sense. Curative health is expensive and scary. Preventative health is far less expensive and much more rewarding. As we learn more about how to get and stay healthy through diet, exercise, and a well-managed supplements program, the value of businesses that provide related products and services should ride a secular tailwind.

This has implications for many stocks in the space, including USANA Health Sciences Inc (NYSE: USNA), Herbalife Nutrition Ltd (NYSE: HLF), Torque Lifestyle Brands Inc (OTC US: TQLB), Celsius Holdings Inc (NASDAQ: CELH), The Simply Good Foods Company (NASDAQ: SMPL), and Nature’s Sunshine Products (NASDAQ: NATR).

We take a closer look at a few of these names below.

USANA Health Sciences Inc (NYSE: USNA) frames itself as a company that develops, manufactures, and sells science-based nutritional and personal care products.

The company offers USANA nutritional products that comprise essentials/CellSentials, such as vitamin and mineral supplements that provide a foundation of total body nutrition for various age groups; optimizers comprising targeted supplements that are designed to meet cardiovascular, skeletal/structural, and digestive health needs; and foods that include meal replacement shakes, snack bars, and other related products, which provide macro-nutrition.

USANA Health Sciences Inc (NYSE: USNA) just announced its brand-new USANA Active Nutrition product line. Launched to the public on June 15, 2021, in the United States, Canada, and Mexico, Active Nutrition features seven new products formulated to give customers the most positive and fulfilling health journey possible. From weight management to digestive health to energy and hydration, Active Nutrition has your body covered.

“Active Nutrition is one of USANA’s biggest launches, and I can’t wait for the public to see, firsthand, how amazing these products are,” says Dan Macuga, USANA’s chief communications and marketing officer. “Our vision for Active Nutrition is to move away from the specific goal of weight loss and instead focus on the way a healthy body feels—not just the way it looks. We are giving customers science-based, high-quality products, along with positive community support and helpful information to inspire them along the way. Our goal was to create one of the finest dedicated wellness systems accessible to anyone looking for a lifestyle change–our research and development team certainly delivered.”

Even with that news, the action hasn’t really heated up in the stock, with shares moving net sideways over the past week.

USANA Health Sciences Inc (NYSE: USNA) managed to rope in revenues totaling $308M in overall sales during the company’s most recently reported quarterly financial data — a figure that represents a rate of top line growth of 15.5%, as compared to year-ago data in comparable terms. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($257M against $151.5M).

Torque Lifestyle Brands Inc (OTCMKTS: TQLB) bills itself as a company focused on driving performance through acquisitions and by advancing original brands in the rapidly growing sports nutrition marketplace. TQLB develops, manufactures, and markets nutritional supplements for the sports industry in the United States. The company has a range of brands under its umbrella that create a diversified end-market focus, in terms of demographics, while embracing synergies across manufacturing and distribution strategies. The idea is to target non-overlapping consumer categories with products that have widely overlapping production costs, which is a strategy capable of producing wide profit margins as it matures.

The company’s current brands include American Metabolix (www.americanmetabolix.com), Core Natural Sciences (www.corenaturalsciences.com), and Storm Lifestyles (www.stormlifestyles.com). Core Natural Sciences and Storm Lifestyles are both new brand creations, while American Metabolix is an established leading brand already on pace for $1.5 million in 2021 sales.

Torque Lifestyle Brands Inc (OTCMKTS: TQLB) announced big news this morning on its plans to verticalize operations through a landmark JV with leading contract manufacturer Zero-Day Nutrition. According to the release, Torque will contribute capital to the JV to support machinery and other capital expenditures, while Zero Day will contribute manufacturing expertise and sales from its portfolio of current and prospective client brands – including rapidly growing, award-winning brands such as Glaxon – expected to be up to several million dollars annually.

Glaxon has won multiple industry awards in its first year of sales. It was nominated for Stack3d “Overall 2020 Brand of the Year”, and was named the winner of the Stack3d “Newcomer Brand of the Year”, the Priceplow “Breakout Brand of the Year”, and the Fitness Informant “Breakout Brand of the Year”.

“We are thrilled to announce this JV, vertically integrating Torque alongside an industry-leading manufacturing firm to improve the gross margin profile of the enterprise,” said Leonard K. Armenta Jr., President of Torque Lifestyle Brands. “In addition to realizing revenue from Zero Day’s client portfolio, we will manufacture products for our in-house brands – notably boosting profitability potential as we scale. I look forward to continued vertical integration in the quarters ahead as we strive to create value for our shareholders.”

Torque Lifestyle Brands Inc (OTCMKTS: TQLB) recently guided for 7-figure sales and noted that its sales were up over 60-70% on a month-over-month basis during the spring. The company’s latest JV news should significantly further ramp its outlook in both top-and bottom-line terms. Shares of TQLB have been grinding higher over the past two months and recently broke out above the stock’s 50-day moving average, which is generally viewed as a technical signal of an upward trend.

Celsius Holdings Inc (NASDAQ: CELH) touts itself as a global company with a proprietary, clinically proven formula for its master brand CELSIUS and all its sub-brands. A lifestyle fitness drink and a pioneer in the rapidly growing performance energy sector, CELSIUS has five beverage lines that each offer proprietary, functional, healthy-energy formulas clinically proven to offer significant health benefits to its users.

CELSIUS is sold nationally at Target, CVS, Walmart, GNC, Vitamin Shoppe, 7-Eleven, Dick’s Sporting Goods, The Fresh Market, Sprouts and other key regional retailers such as HEB, Publix, Winn-Dixie, Harris Teeter, Shaw’s and Food Lion. It is also available on Amazon, at fitness clubs, and in select micro-markets across the country.

Celsius Holdings Inc (NASDAQ: CELH) most recently announced the pricing of a public offering of 6,518,267 shares of common stock, consisting of 5,518,267 shares of common stock offered by certain selling stockholders of Celsius Holdings and 1,000,000 shares of common stock offered by Celsius Holdings at a public offering price of $62.50 per share. In addition, Celsius Holdings and certain Selling Stockholders have granted the underwriters a 30-day option to purchase up to 977,740 additional shares of common stock.

According to the company’s release, Celsius Holdings will not receive any proceeds from the sale of the shares by the Selling Stockholders and intends to use the net proceeds received by it from the offering for general corporate purposes. The offering is expected to close on June 14, 2021, subject to customary closing conditions.

In total, over the past five days, shares of the stock have dropped by roughly -12% on above-average trading volume. All in all, not a particularly friendly tape, but one that may ultimately present some new opportunities. Shares of the stock have powered higher over the past month, rallying roughly 17% in that time on strong overall action.

Celsius Holdings Inc (NASDAQ: CELH) generated sales of $50M, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 40.3% on the top line. In addition, the company is battling some balance sheet hurdles, with cash levels struggling to keep up with current liabilities ($31.6M against $38.6M, respectively).

DISCLAIMER:  EDM Media LLC (EDM), is a third-party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated ten thousand dollars for news coverage of the current press releases issued by Torque Lifestyle Brands Inc (OTCMKTS: TQLB) by a third party.

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This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.

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Source: https://otcprwire.com/set-it-and-forget-it-investing-in-health-and-fitness-tqlb-usna-hlf-celh-smpl-natr/

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