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Tuesday, April 20, 2021

ALKAME HOLDINGS INC(OTCMKTS:ALKM) Drops Some More

ALKAME HOLDINGS INC(OTCMKTS:ALKM) made an explosive move up earlier this year after reversing off $0.0036 lows. Since then the stock has been dropping steadily. Everyone remembers ALKM as the former Stocktips promotion that ran from pennies to $0.50 a share on the $4.6 million Laluna promotion.

The last press release from the Company came on May 28 when they announced their wholly owned subsidiary, Alkame Water, Inc.’s Ultimate Health and Wellness Water, which is a patented formula of premium oxygenated, alkaline and natural antioxidant bottled water products, has signed an exclusive distribution deal for the entire State of Wisconsin.

Robert K. Eakle, CEO of Alkame Holdings, Inc., stated, “We are pleased to continue expanding in the Midwest region. This is our second distributor announced within the Midwest, with more expected to come. Fon du Lac- based, DSD Carey Sales & Distribution Company will now distribute, merchandise, and detail within the state for Alkame Water. We are more than just alkaline water, and believe in our tagline, ‘The Ultimate Health and Wellness Water.’ We look forward to bringing our patented ultimate health and wellness water to consumers across Wisconsin and elsewhere.”

ALKAME HOLDINGS INC(OTCMKTS:ALKM) is a wellness technology holding company with a focus on patentable, innovative, and eco-friendly consumer products. The Company’s wholly-owned subsidiary, Xtreme Technologies, Inc., markets and distributes micro-clustered, alkaline, antioxidant and oxygenated bottled water utilizing an exclusive patented formula and technology for the pet sector.

Alkame’s patented technology creates water with several unique properties which allow for greater absorption and utilization for more efficient hydration and help to achieve an optimal pH balance. The patented Alkame technology also increases the available oxygen content and absorbability which equates to more fuel for improved metabolic efficiency, boosted immune system, and improved cardio respiratory function

The last run up on ALKM was fueled by the massive $4.6 million promotion from stock tips paid for by Laluna Services, Inc. According to the Stocktips promotion ALKM is inventing a whole new segment of the bottled water market; enhanced healthy water. ALKM’s patented process takes spring water from Northern Idaho and makes it even healthier by making it alkaline, Micro clustering the water which flushes toxins from the body and Increasing the O2 in the water.

StockTips gained fame with TGRO which ran from pennies to $1.59 a share after they announced it as their pick. They took over where APS left off with such picks as WPWR that offered spectacular gains for investors who bought in early when it ran from pennies to over $0.80.

They list the following as either official endorser (Ambassador) or has been pictured drinking the water: Patrick Dempsey, Robert Downey Jr, Danny Green of the San Antonio Spurs, Christian Hosoi a pro skateboarding legend, Walter Thurmond of the Seattle Seahawks, Bryton James Emmy Award winning actor, Colin Moran Pro surfer, Cory Crank- Pro snowboarder and Jose Figueroa MMA fighter.

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On April 6 ALKM announced its Hydro2Pro(R) line of pet hydration and feeding products has selected Schiaffino, Lasky & Associates, Inc. (SLA Brands) to represent its pet product division to distributors and retailers nationwide.

Schiaffino & Associates was founded in 2003 to serve the pet industry in the United States and Canada. With the addition of Mike Lasky as a senior partner, Schiaffino & Associates became Schiaffino, Lasky & Associates (SLA) in 2006. SLA serves as the exclusive representative for some 30 pet products manufacturers to distributors, retail chains, catalog and Internet accounts throughout North America as well as to several major mass market chains. SLA numbers among its client companies some of the leading pet product brands in the industry.

The May 11 press release went on to say ”Haggen, the 82 -year-old-grocer based in Washington State has been described as Whole Foods meets Safeway, acquired stores in the Albertsons-Safeway merger and is converting them into Haggen stores. Market share has grown roughly nine fold to a total of 164 stores and quintupling its employee size from 2,000 to 10,000. Albertsons and Safeway, whose merger was announced last March, were required by the Federal Trade Commission to divest 168 stores so the combined company didn’t create unfair control of the retail market.

CEO, Robert Eakle said “Southern California is a wonderful market for us. We continue to see great enthusiasm and movement of our product. We are glad to be a part of Haggens expansion plans into the California marketplace. Our product is gaining wonderful penetration thanks to our DSD distribution partner Avanzar Sales & Distribution, who is majority owned by Minerco Resources.

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ALKM filed a NT 10K on March 31; according to their last 10Q the Company has minimal assets or revenues and convertible debt that has resulted in dilution. But this is an exciting story developing in small caps; there are not many pinks at $0.02 that have a product, a patent and distribution. We will be updating on ALKM when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with ALKM.

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Disclosure: we hold no position in ALKM either long or short and we have not been compensated for this article.

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