PURA Announces 2022 Revenue Upside Potential To $10 Million

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) announced that its revenue for 2022 could exceed the forecasted $1 million, potentially reaching up to $10 million. This optimistic outlook stems from a new business model focused on industrial hemp, generating revenue from three sources: education, branding, and partnerships. Currently, the $1 million estimate is conservative, reflecting only the education sector. Management indicates that both branding and partnership revenues may significantly contribute, suggesting possible upward revision of forecasts throughout 2022.

Positive

• Potential revenue increase from $1 million to $10 million.
• Diversified revenue model with three sources: education, branding, and partnerships.
• Management optimistic about revising revenue forecasts upward.

Negative

• None.

Dallas, Texas, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today announced conditions are solidifying that could lead to the company realizing more revenue than its forecasted $1 million in 2022. The current outlook for the potential increase could lead to the company realizing up to $10 million in revenue.

PURA has established a new business model to build an industrial hemp business with 3 sources of revenue – education, branding and partnerships. The initial $1 million in revenue forecasted for next year conservatively only encompasses revenue coming from its education line of business which is designed to ignite the revenue potential of the branding and partnership business lines. Management indicates the branding and particularly the partnership lines of business have a high potential of contributing revenue next year. Accordingly, management has indicated the possibility that the initial revenue forecast maybe revised upward more than once in the course of 2022.

“PURA’s revenue forecast is based on three sources of anticipated income,” explained Brian Shibley, CEO of PURA. “We consider the current $1 million revenue estimate for next year to be conservative because it is only based on one of the three sources. I again encourage people to revisit the shareholder letter I published last month explaining the three sources of revenue – education, branding and partnership. Our partnership income potential is improving and could substantially increase our revenue next year.”

For more information on Puration, visit http://www.purationinc.com

Disclaimer:

This News Release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks, uncertainties and other important factors that could cause our actual results, performance or achievements, or industry results, to differ materially from any these statements. You are cautioned not to place undue reliance on any those forward-looking statements. Except as otherwise required by the federal securities laws, we undertake no obligation to publicly update or revise any forward-looking statements after the date of this news release. None of such forward-looking statements should be regarded as a representation by us or any other person that the objectives and plans set forth in this News Release will be achieved or be executed.

For More Information Contact:

Puration, Inc.
Brian Shibley,
info@aciconglomerated.com
(800) 861-1350