PURA Anticipated Cash Infusion On Track To Complete On Or Ahead Of Schedule

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has announced progress on a cash infusion agreement expected within 90 days. The company is focusing on developing its Farmersville Hemp Brand and utilizes a multifaceted strategy for revenue generation, including consulting and product sales. PURA has identified a 70-acre property in Texas to enhance its sustainability amid current market conditions. They plan to provide regular updates on strategic adaptations to navigate economic challenges.

Positive

• Anticipated cash infusion within 90 days to improve financial stability.
• Focus on building the Farmersville Hemp Brand with diverse revenue strategies.

Negative

• Dependence on external agreement for cash infusion could pose risks.
• Current market downturn may impact overall business performance.

Dallas, TX, July 26, 2022 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today issued an update on the recently announced agreement anticipated to result in a cash infusion within the next 90 days.  Management indicates the agreement is progressing on track and anticipated to be completed on or ahead of schedule.

PURA is building its Farmersville Hemp Brand to advance and profit from the potential of industrial hemp. PURA has a multifold strategy that includes generating revenue from consulting on the implementation of hemp strategies into conventional product and service offerings, the sale of hemp products and services under the Farmersville Hemp Co-Op, and through investing in industrial hemp solutions.

PURA has identified its 70-acre property in Texas as a resource that can be a resource utilized to provide the company with improved potential to sustain itself through the prevailing market conditions. The agreement announced earlier this month is anticipated to result in PURA receiving a cash infusion within the next 90 days that will improve the company’s posture for sustaining through the current market downturn.

The company intends to provide regular updates as it continues to adapt its strategy to address the current market and economy.

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

FAQ

What is the anticipated cash infusion for Puration (PURA)?

Puration expects a cash infusion from an agreement within the next 90 days.

How is Puration (PURA) planning to sustain itself in the market?

Puration is leveraging a 70-acre property in Texas and advancing its Farmersville Hemp Brand.

What strategies is Puration (PURA) implementing for revenue generation?

Puration is generating revenue through consulting, hemp product sales, and investing in industrial hemp solutions.

When will Puration (PURA) provide updates on its financial status?

Puration intends to provide regular updates as it adapts its strategy to current market conditions.