via OTC PR WIRE — Puration, Inc. (USOTC:PURA) (“PURA”) today announced publishing its third quarter financial report for the period ending September 30, 2018. Revenue for the nine months ending September 30, 2018 is $868,300. Revenue has grown over 400% since the company reported $168,000 for the same period last year. The company realized a 50% profit margin reporting a $448,800 bottom line for the nine months ending September 30, 2018. The company issued no new shares between the second quarter 2018 report and the third quarter 2018 report. “One million dollars in annual revenue is an important benchmark for getting Puration’s EVERx CBD Sports Water on the radar screen of major beverage industry players, and that benchmark is now well within reach for 2018,” said Brian Shibley, CEO of Puration.
Puration will publish an online presentation tomorrow with more insight and details on the financial report published today and how it supports the company’s business plan and objectives. The presentation will include an update on the pending dividend declaration coming in conjunction with the recent spinoff of Puration’s cannabis cultivation business.
Learn more about Puration at https://www.purationinc.com/
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and as such, may involve risks and uncertainties. These forward looking statements relate to, amongst other things, current expectation of the business environment in which the company operates, potential future performance, projections of future performance and the perceived opportunities in the market. The company’s actual performance, results and achievements may differ materially from the expressed or implied in such forward-looking statements as a result of a wide range of factors.
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