PURA Home State Of Texas Opens For Business On Friday
29 April 2020 - 12:28AM
InvestorsHub NewsWire
Dallas, TX -- April 28, 2020 --
InvestorsHub NewsWire -- Puration, Inc. (USOTC:
PURA) today released a
supplementary update to its fifth weekly Coronavirus Market
update. PURA is headquartered in Texas and notably, last
night, Texas Governor Greg Abott announced the statewide
shelter in place order will end this Thursday, April
30th and that Texas will be open for business on Friday,
May 1st. Governor Abbot outlined specific
guidelines for business to follow on reopening in order avoid
creating any need for a future shelter in
place.
The Texas
economic reopening is exciting and anticipated to bode well for
PURA. Nevertheless, management still anticipates the
Coronavirus Pandemic to create both issues and opportunities during
and after the crisis. Management plans to carefully continue
to evaluate potential issues and opportunities and maintain
publishing weekly updates in order to provide stakeholders with the
most current information and insight into management thinking
throughout this highly fluid business
environment.
So far, the
impact to PURA has been minimal. PURA was fortunate enough to
execute a production run of its primary revenue generator, EVERx
CBD Sports Water, just prior to the shutdown and now, with light at
the end of the tunnel, it appears PURA will make it through to the
reopening of the economy with its current
inventory.
PURA continues
with its acquisition campaign launched earlier this year.
PURA recently announced initiating three new due
diligence efforts resulting from
new opportunities that management attributes to the impact of the
Coronavirus economic situation on businesses in general.
Puration’s CEO, Brian Shibley, plans to publish an update
later this week on PURA’s ongoing acquisition campaign highlighting
the company’s patented CBD extraction process
patent.
PURA
management continues to advance a prompt publishing of the annual
financial report for 2019. The company filed an extension in
conjunction with the current Covid-19 extension parameters and
plans to publish its financial report before the deadline for the
current extension
parameters.
For more information on Puration,
visit http://www.purationinc.com
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 any of the
companies mentioned herein will achieve significant sales, the
failure to meet schedule or performance requirements of the
companies' contracts, the companies' liquidity position, the
companies' 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.
Contact:
Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800)
861-1350
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