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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, 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.
Alkame Holdings, Inc. (OTC PINK:ALKM) announces a partnership with West Coast Co-Packer to expand its beverage line through Simple Beverages LLC. This collaboration will develop three new CBD-infused drinks, following the success of their first product, Lemon-Aide, which contains 25mg of CBD per 12oz bottle. The new offerings include sweet tea, coconut lime lemonade, and a half-and-half iced tea and lemonade. Alkame's advanced water technology enhances these beverages, providing oxygenated alkaline water enriched with minerals and electrolytes.
Alkame Holdings, Inc. (OTC PINK: ALKM) has secured a contract to supply Personal Protective Equipment (PPE) to Aladyn, Inc., a global distributor for the tourism and hospitality sectors. The agreement aims for purchases to double every ten weeks, targeting $1 million in total sales within the first year. Alkame's manufacturing focus shifted in 2020 to PPE production in response to COVID-19, enhancing its capabilities with a new co-packing facility expected to nearly double production. The company is also developing a multi-channel distribution strategy, enhancing online purchasing avenues for its products.
Alkame Holdings, Inc. (ALKM) released a corporate update on April 16, 2021, highlighting its adaptation during the COVID-19 pandemic. The company temporarily shifted focus to PPE manufacturing, successfully securing sales in Oregon. Alkame is progressing in establishing a new West Coast CoPacker facility, expected to double production capacity by May 2021. Aiming for diversified growth, Alkame plans to enhance online fulfillment services and strengthen partnerships in the food and beverage sector. Despite pandemic-related challenges, management is confident about future production increases and operational improvements.
Alkame Holdings, Inc. (OTCPINK:ALKM) announced a new development agreement with Shmellins Market, LLC, focusing on healthy organic and vegan products. Their initial collaboration involves a salted caramel sauce designed for versatile use in various dishes and beverages, currently in beta testing. Alkame's subsidiary, West Coast Co-Packer, will develop and produce the product. This partnership aims to enhance Alkame's portfolio in the health and wellness sector, backed by their proprietary water technology and diverse product applications.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced a multiyear Co-Packing and Bottling Agreement with Humble Harvest LLC for the production of Hemp Infused Teas. The agreement marks significant progress with six products developed, currently undergoing beta testing. Alkame's CEO highlighted the achievement as a testament to their advanced manufacturing capabilities and expressed enthusiasm for the product launch, integral to their growth strategy. The company operates in health, technology, manufacturing, and distribution sectors, focusing on enhanced water technology.
Alkame Holdings, Inc. (OTC PINK:ALKM) is finalizing the acquisition of DistributorCorp LLC, a Texas-based PPE distributor. This strategic move aims to enhance Alkame's distribution capabilities and introduce three specialized PPE products, including unique hand sanitizers and advanced face masks. The new website for DistributorCorp is set to launch shortly, accompanied by a promotional campaign. CEO Robert Eakle anticipates that this acquisition will generate additional revenue streams and improve access to Alkame's branded products, aligning with the company's long-term growth objectives.
Alkame Holdings, Inc. (OTC PINK:ALKM) has announced the completion of research and development for its proprietary water treatment technology, filing new patents with the U.S. Patent Office. The streamlined manufacturing process yields fluoride-free, alkaline water with a lower oxidation reduction potential and higher oxygen content. This water is designed to enhance lactate clearance post-exercise, assist in toxin removal, and decrease recovery times. The CEO, Robert Eakle, emphasized the importance of this advancement for future applications across multiple sectors.
Alkame Holdings, Inc. (OTC PINK:ALKM) has announced the formation of Alkame Assets, LLC, a wholly owned subsidiary that will manage the company’s patents, intellectual property, trademarks, and other assets. This strategic initiative aims to enhance long-term protection and valuation for the company and its shareholders. Alkame Chairman Craig Kaufman expressed optimism regarding this move as part of the company’s growth strategy in 2021. Alkame operates across health and wellness, technology, manufacturing, and distribution sectors, focusing on proprietary enhanced water technology.
Alkame Holdings, Inc. (OTC PINK:ALKM) announced a significant milestone with its subsidiary, West Coast Co-Packer Inc., receiving an initial purchase order from TheraProducts Canada for single-use hand sanitizer and wash packets. These products are designed to combat the spread of COVID-19, particularly its faster-spreading variants. CEO Robert Eakle highlighted the portable nature and superior quality of the product, which includes organic green tea and alkaline water. TheraProducts anticipates further orders following this initial shipment.
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