Stock in Alkame Holdings Inc. [OTCPINK: ALKM] soared 18.18% to $0.0026 at the previous session.. Volume on Alkame stock was 94.12M compared to the 30-day Average Volume of 99.56M. In the last 52 weeks, ALKM stock value ranged from $0.0003 to $0.0096. ALKM stock rose as its subsidiary is expected to generate significant revenues.
Where will the revenues come from for ALKM?
With a focus on patentable, innovative, and environmentally-friendly consumer products, Alkame is a publicly traded health and wellness technology holding company. ALKM’s wholly owned subsidiaries create products with multiple unique characteristics using a proprietary technology. By launching and acquiring appropriate business assets, and by participating in a variety of emerging market segments, ALKM is diligently building a strong foundation.
In the coming weeks, Alkame’s wholly owned subsidiary, Bell Food and Beverage, Inc. will continue its Production Commitment to Pacific Flavors International Inc., a leading international food supplier and exporter of Oregon Blueberries. The ALKM is expected to generate substantial revenue from the sale of 270,000 units.
In addition to its versatility, Pacific Flavors uses the ALKM to handle 50,000 pounds of blueberries daily and packs at speeds of up to 108 jars per minute, which equates to 60 pallets per shift. As a result of supply line issues caused by an international pandemic, ALKM has worked to improve its facility for this year’s Blueberry harvest.
What else is there from ALKM?
In a recent announcement, Puration, Inc. said it would increase its investment in Alkame (ALKM). Puration acquired a five percent interest in ALKM earlier this year by way of capital investment.