(NEW YORK)--American Premium Water Corporation (OTC: HIPH) has caught fire when they announced they had entered into financing with an institutional investor at a $0.40 valuation.
HIPH announced that it has entered into a financing agreement with an institutional investor at a $0.40 valuation, ten times the current market valuation. As part of the agreement, a substantial portion of the Company’s convertible debt will be retired. The retirement will be reflected in the Company’s 1st quarter 2019 financials. Per terms of the agreement, the investor shall remain anonymous.
This news sent interest in HIPH through the roof with the stock trading nearly $7 million in volume on day of the announcement. Yes, $7 million!
In short, if all things come together, this clears the air above for HIPH to potentially rise to $0.40 a share range, which would be a major gain from its current price of just around $0.07 per share.
Risks to Consider
This news is no doubt a huge green light for traders to score a potential 'multi-bagger' gain, but there could also be risks investors to consider.
Ludlow Research, a small cap equity research firm based in New York, is issuing a opinion report on American Premium Water (HIPH) where they will spell out their outlook, [ms-protect-content id="1801"] and potential pit falls that traders should consider when riding this amazing news upward.
In one of their notes to subscribers, they made mention that the extreme premium giving for funding is well out of the norm for most institutional investors, and with out a detailed term sheet the market runs blind on what it is they are actually buying into.
But, they also made the point, if this all works out with what they call a white knight investor backing up HIPH long-term prospects then HIPH could end up becoming one of the best trades in all of 2019, and it's still only January.
Regardless of the details one thing for sure is that HIPH has grabbed the attention of traders, and the upside potential on this CBD infused water play could end up being a titanic return for traders willing to ride the waves.
Register for Report Opinion
To receive a copy of Ludlow Research research opinion on HIPH register online at https://ludlowresearch.com/investors
Ludlow Research is a New York based equity research firm that focuses on providing research coverage and investor awareness services to emerging small-cap companies. For over 12 years we have worked to provide our readers with a simple way of evaluating the current and potential value of small-cap companies, while garnering these clients greater market awareness to new investors. For more information please visit www.ludlowresearch.com
About American Premium Water Corp.
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 (www.LalpinaInc.com), Gents, Worthy, and blockchain platform FashionCoinX (www.FashionCoinX.com).