Can American Premium Water Corp (OTCMKTS:HIPH) Turn Water into Wine?

Can American Premium Water Corp (OTCMKTS:HIPH) Turn Water into Wine?


If you’re looking for a recent bolt-from-the-blue pop higher on the OTC in the cannabis-related theme, you might want to take a look at American Premium Water Corp (OTCMKTS:HIPH). Shares of the stock took off last week for a quick 100% jaunt to the upside on news that the company has entered into a financing agreement with an institutional investor at a $0.40 valuation, ten times the current market valuation.

According to the release, “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.” While this one has had its ups and downs and been in its share of bag-holding patterns, this catalyst deserves at least a closer look.

American Premium Water Corp (OTCMKTS:HIPH) bills itself as a company that produces bottled water under the LALPINA brand name.

The company was formerly known as Expert Group Inc. and changed its name to American Premium Water Corporation in October 2013. American Premium Water Corporation is based in Playa Vista, California.

The company defines itself as 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 (, Gents, Worthy, and blockchain platform FashionCoinX (

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As noted above, HIPH just announced that it has entered into a financing agreement with an institutional investor at a $0.40 valuation, ten times the current market valuation. In all, we’ve witnessed 49% tacked on to share pricing for the name in the past week.

Furthermore, the name has registered increased average transaction volume recently, with the past month seeing 180% above the average volume levels in play in this stock over the longer term.

American Premium CEO Ryan Fishoff, commented, “I am thrilled to announce that the Company has entered into this agreement at a 10x valuation! This is an affirmation of the Company’s business plan and the initiatives it has implemented over the past year. It’s a vote of confidence to the direction of the Company and we will continue to work hard to execute on the business plan to achieve the goals and benchmarks that I laid out for 2019.  There is still a tremendous of work to do, but we (the Company) are certainly emboldened by this financing agreement, which will give the Company the capital to implement its 2019 plan. This agreement also meets the Company’s goal to reduce convertible debt and strengthen the balance sheet. This is a win for the Company and our shareholders”

American Premium Water Corp (OTCMKTS:HIPH) generated sales of $59K, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of -25.2% on the top line. Sign-up for continuing coverage on shares of $HIPH stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in $HIPH, either long or short, and we have not been compensated for this article.

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