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PURA Publishes 100% Year Over Year Organic Revenue Growth Outlook; Acquisition Campaign Strategic Update and New Beverage Developments

DALLAS, May 19, 2020 /PRNewswire/ --A Puration, Inc. (USOTC: PURA) today published a management update to highlight further details regarding the company's 2019 annual financial report published last week.A The company realized 121% annual revenue growth reporting over $2.7 million for the year ended December 31, 2019 compared to $1.2 million for the year ended December 31, 2018.A In addition to achieving continued high revenue growth, the company reported over $200,0000 in net profit. The management update including a 2020 outlook and the latest on the company's acquisition campaign and organic beverage developments, can be found in its entirety below.Management 2019 Annual Report Update And 2020 OutlookPURA has maintained high revenue growth since 2017 when it took its first pre-orders for EVERx CBD Sports Water.A PURA's entry into the sports nutrition market with EVERx has been a hit and it has established a strong financial foundation for PURA enabling the company to explore and experiment with the formulation and market opportunity for additional beverages.A No new PURA beverage has yet had the success of EVERx, but EVERx continues to keep the company on stable footing and on a high revenue trajectory. Even through the economic impacts of the Coronavirus, EVERx continues to keep PURA on stable footing.A While acting and planning cautiously in the current environment, management still has confidence that EVERx can maintain its stable footing while also continuing to produce high revenue results through 2020.To date, EVERx CBD Sports Water is PURA's core business producing financial results.A  Accordingly, management's first priority will be to continuously enhance and further develop the EVERx business. PURA has been through multiple EVERx formula enhancements and will continue to update the formula in addition to exploring new flavors. PURA has also been through multiple production updates and packaging redesigns and will continue improve production and packaging.A  PURA has made substantial strides in developing its distribution network most notably expanding its distribution network to Europe, Africa and South America. PURA will continue to improve upon its distribution network.The company has organically developed a number of additional cannabis beverages and will continue to move the full market launch of new beverages developed organically forwarded. Management sees particular promise in its THCSavor and TranquiliTea CBD beverages.
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