ALKAME HOLDINGS INC(OTCMKTS:ALKM) has seen a surge of volume after the Company announced a collaboration that includes packing and distribution agreements, to develop and market CBD infused beverages, in addition to increasing distribution of existing Alkame products.
ALKM is the old picks from StockTips that took it to $1.08 highs on a massive $4.6 million promotion paid for by Laluna Services, Inc. The promotion started shortly after ALKM hit the OTCBB in January of this after the name change from Pinacle Enterprise Inc.
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
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.
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Back in April 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.
On October 4 ALKM along with Puration, Inc. (PURA announced they were entering into a collaboration that includes packing and distribution agreements, to develop and market CBD infused beverages, in addition to increasing distribution of existing Alkame products. The agreement is a further example of Puration’s advancing cannabis extraction business plan further bolstering Puration’s $3 million forecast.
Together the two companies plan to collaborate on the development and manufacturing of Puration’s line up of CBD infused beverage products for the health conscious consumer market.
Through Puration’s strategic partner, North American Cannabis Holdings, Inc. (USMJ) Puration has established a strategic distribution agreement to make Puration extract infused products available at retail outlets. Alkame Holdings and Puration’s comprehensive agreement is structured to enhance sales of Alkame’s existing product line through Puration’s strategic distribution channel.
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ALKM filed another NT 10Q on May 15 resulting in a continued stop/yield designation from OTCMarkets. According to their last 10Q ALKM has minimal assets or revenues and convertible debt that has resulted in dilution. At the same time ALKM has some exciting projects in the works. The stock gained national fame when it surged over $1 on the Stocktips promotion and has significant investor interest and liquidity built into it which could translate into big moves once momentum kicks in. 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.