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PURATION INC - PURA STOCK NEWS

Welcome to our dedicated page for PURATION news (Ticker: PURA), a resource for investors and traders seeking the latest updates and insights on PURATION stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PURATION's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PURATION's position in the market.

Rhea-AI Summary

Puration, Inc. (PURA) CEO Brian Shibley believes the company is undervalued, particularly within the growing pollution control sector, which he views as a significant investment opportunity. He highlighted the overlap of PURA's industrial hemp focus with various industries, including transportation, energy, and construction, emphasizing its pollution control contributions. PURA plans to disrupt the $200 billion steel rebar market with a hemp alternative and is establishing a facility in Farmersville, Texas, for customized education on hemp's efficiency in meeting sustainability targets.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
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none
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Rhea-AI Summary

Puration, Inc. (PURA) CEO Brian Shibley emphasized the company's undervalued position within the emerging pollution control sector. He stated that global emission control policies will drive investments beyond just electric vehicles, encompassing various industries including energy and waste management. PURA aims to leverage industrial hemp to enhance product efficiency while complying with carbon neutrality goals. The company plans to disrupt the $200 billion steel rebar market and the $600 billion lumber market. Additionally, PURA is constructing a facility in Farmersville, Texas, to demonstrate hemp's environmental benefits to corporate clients.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.82%
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none
-
Rhea-AI Summary

PURATION, Inc. (OTC Pink: PURA) and PAO Group, Inc. (OTC Pink: PAOG) announced the upcoming launch of a new CBD Nutraceutical Line under PURA’s Farmersville Hemp Brand in April 2022. The companies are collaborating to develop this new product line, following a strategic update from PAOG in February that confirmed their joint efforts. A sneak peek of the product line will be shared next week, indicating proactive engagement in the CBD market.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
none
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) plans to disrupt the $200 billion steel rebar market and the $600 billion lumber market with a carbon-neutral hemp alternative. CEO Brian Shibley emphasized that hemp-based rebar could mitigate the corrosion risks associated with steel, potentially preventing disasters like the Surfside condominium collapse. The company is establishing a partnership in the $1.2 billion Asia Pacific hemp region to enhance its industrial hemp solutions. PURA is also constructing a facility in Farmersville, Texas, to demonstrate hemp's applications for sustainability goals.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.28%
Tags
none
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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) anticipates increased gross profit margins from sales of EVERx CBD Sports Nutrition Beverage. The company sold EVERx to its sister company, North American Cannabis Holdings, Inc. (OTC Pink: USMJ), and will earn revenue through a royalty agreement without incurring production expenses, resulting in high-margin revenue. PURA aims to achieve $1 million in revenue for 2022 with a target of $10 million. The updated EVERx formula is set to relaunch at the Arnold Sports Festival on March 4-6, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.96%
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none
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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has launched its Farmersville Hemp Brand, aimed at bringing industrial hemp solutions to market. Partnership with UC Asset LP (OTCQX: UCASU) includes a $0.10 per share cash dividend and a buyback of 150,000 shares. UC Asset is set to invest $5-10 million into cannabis properties, planning to replicate the success of Power REIT in several states. The investment is tied to PURA's real estate expansion, strengthening its position in the cannabis sector.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.06%
Tags
none
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) is moving forward with a significant partnership in the $1.2 billion Asia Pacific hemp sector. CEO Brian Shibley stated progress is steady toward closing this deal, which complements their Farmersville Hemp Brand strategy aimed at disrupting the $600 billion global lumber market. The company is constructing a facility in Farmersville, Texas, to demonstrate hemp's advantages, with a focus on sustainability and efficiency. This facility will use hemp composite materials as part of their broader strategy.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.97%
Tags
partnership
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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has launched its Farmersville Hemp Brand strategy aimed at disrupting the $600 billion global lumber market. This initiative focuses on using hemp, a sustainable alternative to cotton and traditional lumber, which benefits the environment through faster growth and lower water consumption. PURA is also on the brink of a partnership in the $1.2 billion Asia Pacific hemp market to advance its goals. A facility in Farmersville, Texas will be built using hemp composite materials to educate clients on hemp's efficiency. Further design details will be released soon.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.11%
Tags
none
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Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has adopted a hemp strategy to disrupt the $600 billion global lumber market. The company is launching its Farmersville Hemp Brand to introduce industrial hemp solutions. Hemp is highlighted as a sustainable alternative to traditional lumber and cotton, offering superior environmental benefits. PURA has started constructing a facility in Farmersville, Texas, to educate corporate customers on utilizing hemp for efficiency and sustainability by 2050. Details about the facility's design will be revealed soon.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.32%
Tags
none
Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) announced a significant opportunity for partnership in the Asia Pacific Region, potentially aiding in achieving its $10 million revenue target. The company is focusing on expanding partnership income potential with a global emphasis as outlined in its recent strategic update. This involves collaboration with North American Cannabis Holdings, Alkame Holdings, and PAO Group. The press release highlights progress in these initiatives while acknowledging inherent risks in forward-looking statements and emphasizes the company's commitment to transparency.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.05%
Tags
partnership

FAQ

What is the current stock price of PURATION (PURA)?

The current stock price of PURATION (PURA) is $0.000001 as of April 16, 2024.

What is the market cap of PURATION (PURA)?

The market cap of PURATION (PURA) is approximately 1.7M.

PURATION INC

OTC:PURA

PURA Rankings

PURA Stock Data

1.70M
1.56B
0%
Pollution & Treatment Controls
Industrials
Link
United States of America
Farmers Branch