PURA Expects To Sign First Contracts This Month Contributing To $1M 2022 Revenue Forecast

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) announced its expectation to sign contracts in December, contributing to its $1 million revenue forecast for 2022. The company has developed a business model focusing on industrial hemp with three revenue sources: education, branding, and partnerships. The initial forecast conservatively only considers education revenue, but management suggests that branding and partnerships may boost revenue significantly, potentially leading to upward revisions of the forecast throughout 2022.

Positive

• Expected to sign contracts in December, enhancing revenue prospects.
• Three diversified revenue sources: education, branding, partnerships.
• Potential for upward revisions of the $1 million revenue forecast for 2022.

Negative

• None.

Dallas, TX, Dec. 02, 2021 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today announced the company expects to sign its first contracts in the month of December, contributing to its initial 2022 $1 million revenue forecast:

PURA Highlights Dark Horse Potential To Substantially Exceed $1M Revenue Forecast

PURA has established a new business model to build an industrial hemp business with 3 sources of revenue – education, branding and partnerships.  The initial 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 to 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.

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 Puration's revenue forecast for 2022?

Puration expects a revenue forecast of $1 million for 2022.

When does Puration plan to sign its first contracts?

Puration plans to sign its first contracts in December 2021.

What are the revenue sources for Puration?

Puration's revenue sources include education, branding, and partnerships.

Can Puration's revenue forecast be revised?

Yes, management has indicated that the revenue forecast may be revised upward throughout 2022.