Alkame New Bottom Line Revenue Model Expected to Bring In $175K on Blueberry Pack Agreement for Export to Asia

Rhea-AI Summary

Alkame Holdings, Inc. (OTC PINK: ALKM) announced that its subsidiary, Bell Food and Beverage, Inc., expects to generate approximately $175,000 by packing blueberries for export to Japan. The company has adopted a new revenue model focusing on co-packing, projected to pack around 250,000 jars this year. With a strong history of working with Pacific Flavors, Inc., Alkame emphasizes increased bottom-line revenue through efficient operations.

Positive

• Expected revenue of approximately $175,000 from blueberry packing for Japan.
• Implementation of a new revenue model enhancing focus on co-packing.
• Projected to pack around 250,000 jars for Pacific Flavors, Inc.

Negative

• None.

LAS VEGAS, Aug. 01, 2022 (GLOBE NEWSWIRE) -- Alkame Holdings, Inc. (OTC PINK: ALKM), a publicly traded diversified holding company, is pleased to announce that its wholly owned subsidiary Bell Food and Beverage, Inc. is expected to bring in roughly $175,000 packing farm to jar blueberries for export to Japan.

Since the beginning of the new year, Alkame has implemented a new revenue model for its co-packing subsidiaries that places a much greater emphasis on co-packing and less infrastructure on procurement and purchasing of ingredients and supplies for its customers. This new model allows for a greater emphasis towards bottom line revenue.

This year it expects to pack roughly a quarter of a million jars for PFI that are being packed directly from farmers within the Pacific Northwest, managing hundreds of thousands of pounds of blueberries in its co-packing at their facility.

“July is National Blueberry Month!” stated Alkame CEO Robert Eakle. “Bell Food & Beverage has been packing blueberries for Pacific Flavors, Intl. for the past six years, and we very much look forward to continuing the tradition.”

About Bell Food and Beverage, Inc.
Bell Food and Beverage, Inc., is a wholly owned subsidiary of Alkame Holdings, Inc. and is a specialty natural, organic liquid-based hot and cold fill food & beverage manufacturer in glass and PET bottles and jars. 

About Alkame Holdings, Inc.
Alkame Holdings, Inc. is a publicly traded diversified holding company. The Company's wholly owned subsidiaries include proprietary water technology with several unique properties, food and beverage manufacturing and co-packing, CBD /Hemp food and beverage manufacturing, and utilizes their enhanced water technology whenever applicable, along with several company owned developed and acquired consumer brands. 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, 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.

FAQ

What financial benefits does Alkame (ALKM) expect from its blueberry packing initiative?

Alkame anticipates generating approximately $175,000 from packing blueberries for export to Japan.

How many jars does Alkame plan to pack this year?

This year, Alkame expects to pack roughly 250,000 jars for Pacific Flavors, Inc.

What is the new revenue model implemented by Alkame Holdings (ALKM)?

Alkame has implemented a new revenue model emphasizing co-packing to enhance bottom-line revenue.

Who does Alkame work with for its blueberry packing operations?

Alkame works with Pacific Flavors, Inc. to pack blueberries as part of its operations.