PURA Signs First Farmersville Hemp Clients In Pursuit Of $10 Million Revenue Objective

Rhea-AI Summary

Puration, Inc. (OTC Pink: PURA) has signed its first Farmersville Hemp clients, contributing to its projected $1 million in 2022 revenue, with potential growth up to $10 million. This revenue forecast is based solely on the education sector of its business model, which includes education, branding, and partnerships. The initial clients will utilize PURA's customized consultative curriculum to integrate hemp into their products, enhancing sustainability and efficiency. Management indicates that revenue projections may be revised upward throughout 2022.

Positive

• PURA has signed its first three Farmersville Hemp Brand clients, enhancing its revenue potential.
• The company forecasts $1 million in revenue for 2022, with a potential increase up to $10 million.
• The revenue forecast is based solely on the education business line, indicating room for substantial growth from branding and partnerships.

Negative

• None.

Dallas, TX, Dec. 21, 2021 (GLOBE NEWSWIRE) -- Puration, Inc. (OTC Pink: PURA) today announced signing its first Farmersville Hemp clients that will in turn contribute to the company’s 2022 revenue objectives.

The company has forecasted $1 million in revenue for 2022 with the potential for revenue to reach $10 million.

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 also 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 has engaged its first three Farmersville Hemp Brand customers.  The customers announced today have signed up for PURA’s education services.  The education services consist of a consultative curriculum customized for each client to design specific strategies for hemp to be incorporated into the client’s products and services to enhance their offering with more sustainable, durable and efficient products and services.

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 has forecasted $1 million in revenue for 2022, with potential for up to $10 million.

Who are the first clients of Puration?

Puration has signed its first three Farmersville Hemp Brand clients.

What business model does Puration use?

Puration's business model includes three revenue sources: education, branding, and partnerships.

How does Puration plan to enhance its clients' products?

Puration offers a customized consultative curriculum to help clients integrate hemp into their products.

Can Puration's revenue forecast change?

Yes, management has indicated that the revenue forecast may be revised upward multiple times during 2022.