World News: 12:30 GMT Wednesday 12th June 2019. [American Premium Water Corporation via Globe Newswire via SPi World News]
PLAYA VISTA, Calif., June 12, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – American Premium Water Corporation (OTC: HIPH) (“the Company”) announces that it has retained Weinberg & Company (Weinberg) to become the Company’s auditor of record. Weinberg will begin its contracted work by conducting a two-year audit of the Company’s financials. The two-year audit is a requirement for completing Form 10, the last step to become a fully reporting SEC Company. The process is expected to take between 3-6 months.
CEO American Premium Water Corporation, Ryan Fishoff commented, “The Company is excited to bring Weinberg & Co to perform a formal two-year audit on the Company. I’m proud that another goal that I outlined at the beginning of the year has been accomplished. We can now check the box on a PCAOB audit, and move on to other initiatives. Weinberg is a top firm in the sector. They have an international presence which will be helpful for us as we continue to grow internationally, especially in the UK and Europe. Weinberg has had an exceptional track record working with OTC companies and shepherding their progress to the NASDAQ. The Company has made no secret of its intentions to uplist; retaining Weinberg is an essential benchmark the Company has completed to achieve its ultimate goal of reaching the NASDAQ. This is a big step forward for the Company, and one that further separates us from our peers in the sector, as not one of them have taken this step to become fully reporting. I look forward to providing updates to shareholders about the Company’s progress in completing the audit and the uplist process.”
Weinberg & Company (), headquartered in Century City, CA, is a PCAOB certified leading small and mid-cap accounting and auditing firm. Weinberg has membership in the London-based Morison KSi global association, joining 163 member firms worldwide, extending Weinberg’s reach across 340 offices in 85 countries. Weinberg has advised and consulted numerous clients, including Verb Technology Company, Inc (formally nFusz) which successfully uplisted from the OTC to the NASDAQ earlier this year.
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American Premium Water (OTC: HIPH) is a diversified luxury consumer products company focused on businesses in the health and beauty and biotech sectors. The company is focused on harnessing the powers of hydrogen and Nano technologies paired with cannabidiol (CBD) to treat health disorders and enhance quality of life. This business model aims to market emerging fashion brands by leveraging classic retail partners and incorporating disruptive blockchain technologies to expand the retail footprint. The company’s portfolio includes the LALPINA Hydro and LALPINA Hydro CBD brands (), LALPINA Productions, LALPINA Records, Canyon Create (), Vanexxe () Gents ().
Certain statements contained herein are “forward-looking statements” (as defined in the Private Securities Litigation Reform Act of 1995). American Premium Water Corporation cautions that statements made in this news release constitute forward-looking statements and makes no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. These statements may address issues that involve significant risks, uncertainties, estimates and assumptions made by management. Actual results could differ materially from current projections or implied results. American Premium Water Corporation undertakes no obligation to revise these statements following the date of this news release. Additional details of the Company's business can be found in its public disclosures as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission's ("SEC") EDGAR database.
This press release is issued on behalf of the Board of Directors of American Premium Water Corporation.
Globe Newswire: 12:30 GMT Wednesday 12th June 2019
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