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Alkame Holdings, Inc. (OTC PINK: ALKM) is a publicly traded diversified holding company deeply involved in multiple business sectors. The company specializes in proprietary water technology, food and beverage manufacturing, co-packing, and CBD/Hemp food and beverage manufacturing. Its wholly owned subsidiaries include West Coast Co Packer Inc. and Bell Food and Beverage, Inc., which integrate seamlessly to provide high-quality liquid and single-serve products.
In 2022, Alkame Holdings Inc. reported impressive financial growth with revenues reaching $780,000, a 19% increase from the previous year. The company realized a net profit of $820,000, significantly aided by a one-time gain of $1,430,000 from the extinguishment of debt and derivative liabilities. The revenues were primarily driven by co-packing fees amounting to $658,000 and an additional $122,000 from their Maury Island and Quinn's brands.
Alkame has shown remarkable financial flexibility by wiping out $300,000 in line of credit through a sale and leaseback of equipment at their Salem facility. This strategic move provided Alkame with the capital it needed to further expand its operations. For 2023, the company projects co-packing revenues to surpass $900,000 and revenues from Maury Island and Quinn's brands to exceed $350,000.
Recently, Alkame's subsidiary, West Coast Co Packer Inc., announced its 7th consecutive year of farm-to-jar blueberry packing for export to Japan. This project is in collaboration with Pacific Flavors, Intl., and underscores Alkame's commitment to maintaining high standards and meeting international demands.
The company is actively building a robust foundation through the acquisition and launch of business assets in emerging sectors like consumer bottled water, RTD products, and household pet products. Alkame Holdings continues to utilize its enhanced water technology across various platforms, aiming to provide innovative solutions to both new and existing markets.
For more information, visit www.alkameholdingsinc.com.
Alkame Holdings (OTC PINK: ALKM) announced on Oct. 25, 2021, that it has signed a letter of intent to acquire two premium condiment brands, which have generated nearly $1 million in annual revenue. These brands, known for handcrafted products like jams, jellies, and dessert toppings, have over 25 years of market presence. The acquisition aims to enhance shareholder value and expand Alkame's product portfolio. The company is currently finalizing the acquisition agreement and transferring intellectual property assets.
Alkame Holdings, Inc. (ALKM) has signed a letter of intent to acquire two established premium condiment brands, enhancing its product portfolio with a line of jams, jellies, and toppings. These brands have over 25 years of market presence and generate nearly $1 million in annual revenue. The acquisition aims to add shareholder value and expand market reach, capitalizing on existing distribution channels such as Amazon and retail placements at Bartell's and Safeway. CEO Robert Eakle expressed optimism about the brands' growth potential.
Alkame Holdings, Inc. (OTC PINK: ALKM) has finalized a revolving finance agreement with its private equity lender, enabling the company to draw funds based on client purchase orders. So far, Alkame has accessed $57,500 from the facility. CEO Robert Eakle emphasized that the credit line will enhance production capabilities, allowing quicker growth without issuing additional stock or convertible debt. Alkame focuses on innovative, eco-friendly consumer products, including enhanced water and various water-based treatments.
Alkame Holdings, Inc. (OTC Pink: ALKM) has announced a $1.0 Million Revolving Line of Credit, secured with its private equity lender. This agreement allows Alkame to draw funds based on approved purchase orders and use them for essential expenditures, such as equipment and raw materials, without issuing new shares or convertible debt. So far, $57,500 has been drawn. The CEO stated this credit facility will accelerate growth and enable the company to fulfill large customer orders, overcoming challenges posed by the Covid pandemic.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced its subsidiary, West Coast Co-Packer, Inc., has completed product development for Quencha Tea, offering three flavors: Original, Black Currant, and Honey Lemon. These teas are crafted with all-natural organic ingredients and are pursuing organic certification. Alkame's CEO, Robert Eakle, expressed excitement about moving into production. This development aligns with Alkame's focus on innovative health and wellness products, enhancing its portfolio in the organic beverage market.
Alkame Holdings (OTC PINK:ALKM) has announced the successful development of Hooch Brands LLC line of CBD Teas, set to begin production through its subsidiary, West Coast Copacker. These non-alcoholic beverages will launch with four distinct flavors, each containing 35mg of CBD and enhanced with unique health properties. CEO Robert Eakle expressed excitement for the launch, emphasizing the use of Alkame's proprietary water treatment technology. The flavors include Revive, Immunity, Refresh, and Relax, each formulated with specific health benefits.
Alkame Holdings (OTC PINK:ALKM) announces the successful development of a new teriyaki sauce in collaboration with celebrity chef Shota Nakajima through its subsidiary West Coast Copacker, Inc. This premium sauce line, featuring six to eight varieties, is now available for purchase online. Chef Shota, recognized for his achievements on Bravo's "Top Chef," brings culinary expertise to this venture. Alkame's CEO expressed confidence in the new product's market success, highlighting the strategic partnership aimed at enhancing their brand portfolio.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced the completion of the product development process for its subsidiary, West Coast Co-Packer, Inc., in collaboration with Shmellins Market, LLC. The company’s flagship product, a USDA certified organic salted caramel sauce, is moving into production and beta testing after successful formulation and packaging development. The initial retail order involves 9 oz. jars, with plans for larger food service packaging. CEO Robert K. Eakle highlighted the sauce's versatility for various food pairings.
Alkame Holdings, Inc. (OTC PINK: ALKM) has announced a significant purchase order from Kona Gold LLC for 125,000 units of HighDrate CBD infused energy water. This order entails the production of six flavors, utilizing Alkame's proprietary technology for enhanced hydration through oxygenated alkaline water. CEO Robert Eakle expressed enthusiasm about continuing the partnership with Kona Gold. Alkame focuses on health and wellness technologies and aims to expand its footprint in various consumer sectors.
Alkame Holdings (OTC PINK:ALKM) announced a significant purchase order from Kona Gold LLC for 125,000 units of HighDrate CBD infused energy water. The order includes six flavors, leveraging Alkame's proprietary technology which produces premium alkaline water enhanced with electrolytes and minerals for better hydration. CEO Robert Eakle expressed enthusiasm for this ongoing partnership. Alkame is focused on innovative, eco-friendly consumer products and is expanding into various sectors, including bottled water and hand sanitizers.
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