PURA Q1 2020 RPT And Cultivation Spinoff Dividend Update Coming This Week
Dallas, Texas--(Newsfile Corp. - May 20, 2020) - Puration, Inc. (OTC Pink: PURA) today confirmed the company plans to publish its Q1 2020 financial report this week. Subsequently, management further plans to release an update this week on the company's spinoff of its cannabis cultivation operations to Nouveau (NOUV) that included an intended dividend distribution to PURA shareholders. Management is confident the upcoming financial report will reflect consistency with the company's management update published yesterday highlighting a 100% revenue growth outlook going forward. The subsequent dividend update will outline management's commitment to the intended dividend.
For more information on Puration, visit http://www.purationinc.com
This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur. These statements have not been evaluated by the Food and Drug Administration. These products are not intended to diagnose, treat, cure, or prevent any disease.
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