New York, NY – January 16, 2019
Puration, Inc. (USOTC: PURA), the maker of EVERx CBD Sports Water announced yesterday that the company had doubled its CBD beverage production schedule after its retail distributors sold out of their December orders and submitted new orders double the size of their previous orders. Today, PURA is Rated VERY BULLISH based on technical analysis. PURA is trading at a support base of $0.08 with a 52-week high of $0.25 and a standing analyst SPECULATIVE BUY recommendation and a TARGET PPS of $0.25. PURA included in its press release yesterday a coming announcement of an upcoming event to celebrate the $1 million in sales milestone and to introduce all new EVERx CBD Sports Water packaging. The news yesterday also included an upcoming new CBD Water formulation with 25 mg of CBD. Based on technical analysis and upcoming news, PURA looks ready to run.
Asia Broadband Inc. (USOTC: AABB) was a Top 25 Gainer on the OTC yesterday adding over 100% to its PPS on record trading volume. AABB’s extraordinary gross margin growth over the last year came to light and the market reacted accordingly. Last year the company reported $277,000 in gross profit on $882,000 in revenue. This year the company has already reported a 1000% increase in gross profit to $2.7 million. Today, AABB is rated BULLISH. The PPS is over $0.02 with a 52-week high of $0.10. Yesterday’s move put AABB on the radar screen and the PPS is set to retrace to its $0.10 52-week high.
Asia Broadband Inc., through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The Company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Guerrero, Mexico, to our client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.
Hempamericana, Inc. (HMPQ) and Lithium Exploration Group, Inc. (LEXG) are also in the news and making radar screens and warrant a look.
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