Alkame Holdings Prepares For First Aladyn PPE Shipment Of $1 Million Sales Contract

Rhea-AI Summary

Alkame Holdings, Inc. (OTC Pink: ALKM) has announced the initiation of its first shipment of Personal Protection Equipment (PPE) through Aladyn Protection Systems, LLC under a new $1 million sales contract. Aladyn, a global PPE distributor, plans to double its purchase orders every ten weeks, aiming for a total of $1 million in purchases during the first year. Alkame has shifted its focus to PPE production since 2020, achieving initial sales with the State of Oregon and securing Canadian distribution for its products.

Positive

• Secured a $1 million sales contract with Aladyn Protection Systems.
• PPE purchase orders are expected to double every ten weeks.
• Established initial PPE sales with the State of Oregon.
• Secured a Canadian distribution partner for PPE products.

Negative

• None.

LAS VEGAS, May 18, 2021 /PRNewswire/ -- Alkame Holdings, Inc. (OTC Pink: ALKM), today announced Aladyn Protection Systems, LLC is initiating the first shipment of Personal Protection Equipment (PPE) form Alkame in conjunction with a recently announce $1 million sales contract.

Aladyn is a global wholesale distributor of PPE supplies specializing within the tourism and hospitality markets, with a logistic center located in Miami, Florida.

The PPE sales contract is designed to ramp up Aladyn's purchase of PPE inventory from Alkame with the intended order size doubling every ten weeks to a target $1 million in total purchases from Alkame in the first year.

In 2020, Alkame first shifted its manufacturing focus toward the production of quality PPE products such as hand sanitizer for first responders and the medical sector. A lengthy amount of time went into licensing, regulatory, compliance inspections, certifications, and formulations. The manufacturing shift first paid off with PPE sales to the State of Oregon.

As 2020 progressed, Alkame was able to secure a Canadian distribution partner for PPE products, and provide the necessary information and documentation to allow for export.

The first temporary shift into the PPE sector can be viewed as a long-term opportunity, adding to Alkame's regular co-packing business, which anticipates a sales resurgence as the economic impact of COVID-19 abates.

Aladyn specializes in servicing companies in the tourism and hospitality sector, offering a wide selection of high-quality Personal Protective Equipment (PPE) through a system of scheduled purchases, as well as specialized consulting, personal service, and the best prices.

With more than 30 years of experience in international trade, offices in the US, Europe, Asia and Latin America, direct relationships with recognized manufacturers and certified logistics companies, Aladyn is a comprehensive solution for all your PPE needs.

About Alkame Holdings, Inc.

Alkame Holdings, Inc. is a publicly traded holding company that operates with a focus in distinct sectors: health and wellness, technology, manufacturing, and distribution. The Company's wholly owned subsidiaries manufacture and distribute products with an emphasis on utilizing an enhanced water technology with several unique properties. The water technology is supported by four independent human clinical studies. There are a multitude of product applications we currently, or have capability to, utilize with our technology to produce and/or add value to, including but not limited to, consumer beverages, CBD/hemp products, pet products, horticulture, agriculture and aquaculture applications, and hand sanitizers.

For more information, visit www.alkameholdingsinc.com.

Alkame Holdings, Inc. Investor Relations
Website: www.alkameholdingsinc.com
Email: info@alkameholdingsinc.com
Phone: +1 (702) 273-9714

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 Alkame Holdings Inc.

FAQ

What is the significance of the $1 million sales contract for Alkame Holdings?

The $1 million sales contract with Aladyn Protection Systems marks a significant milestone for Alkame, as it solidifies a long-term partnership and expected revenue growth through scheduled PPE purchases.

How will the PPE orders from Aladyn affect Alkame's revenue?

The PPE orders from Aladyn are structured to double every ten weeks, which is projected to result in approximately $1 million in purchases within the first year, positively impacting Alkame's revenue.

When did Alkame Holdings shift its focus to PPE production?

Alkame Holdings shifted its focus to PPE production in 2020, primarily manufacturing hand sanitizers and other PPE products in response to the COVID-19 pandemic.

Which markets does Aladyn Protection Systems target?

Aladyn Protection Systems specializes in the tourism and hospitality markets, providing a wide selection of high-quality PPE supplies.

What are the future projections for Alkame's sales from PPE contracts?

If the contract with Aladyn progresses as planned, Alkame anticipates a significant uptick in sales, with the potential for further contract extensions and increased inventory orders.