Alkame Holdings Inc. Announces Reduction of $1,000,000 of Overall Debt
Alkame Holdings, Inc. (OTC PINK: ALKM) announced a reduction of $500,000 in company debt, totaling $1,000,000 reduced within eight months. This move is part of Alkame's strategy to eliminate debt liabilities and position the company for future growth, according to CEO Robert Eakle. The company focuses on innovative health and wellness products using enhanced water technology and manages subsidiaries like West Coast Co Packer, Inc. and Bell Food and Beverage, Inc. Further announcements regarding company developments are expected soon.
- Reduced $500,000 in debt, totaling $1,000,000 in less than 8 months.
- Strategic debt reduction positions the company for future growth.
- None.
LAS VEGAS, March 24, 2022 (GLOBE NEWSWIRE) -- Alkame Holdings, Inc. (OTC PINK: ALKM), a publicly traded health and wellness holding company, is pleased to announce today that it has reduced an additional
The company continues to reduce and eliminate company debt liabilities from its balance sheet, with
Robert Eakle, Alkame CEO states, “We actively continue to reduce debt and position our company for further growth. Stay tuned, many good things to announce very soon.”
About West Coast Co Packer, Inc.
West Coast Co Packer, Inc., is a wholly owned subsidiary of Alkame Holdings, Inc. and is a specialty liquid and single-serve manufacturer, co-packer, private labeler, and contract manufacturer, and is expected to immediately complement and seamlessly integrate with Alkame’s other subsidiaries including Bell Food and Beverage, Inc. Bell Food and Beverage, Inc. is a specialty natural, organic liquid-based hot and cold fill food & beverage manufacturer in glass and PET bottles and jars. To learn more about West Coast Copacker visit www.westcoastcopacker.com.
About Alkame Holdings, Inc.
Alkame Holdings, Inc. is a publicly traded health and wellness technology holding company, with a focus on patentable, innovative, and eco-friendly consumer products. The Company's wholly owned subsidiaries manufacture products with enhanced water utilizing a proprietary technology to create products with several unique properties. The organization is diligently building a strong foundation through the launch and acquisition of appropriate business assets, and by pursuing multiple applications by placement into several emerging business sectors, such as consumer bottled water and RTD products, household pet products, horticulture and agriculture applications, hand sanitizers, and many other various water-based treatment solutions to both new and existing business platforms.
For more information, visit www.alkameholdingsinc.com.
Alkame Holdings, Inc. Investor Relations
Website: www.alkameholdingsinc.com
Email: info@alkameholdingsinc.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 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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