PURA BUY Recommendation at $0.03 Issued By AmericanBulls

 

February 7, 2020 -- InvestorsHub NewsWire -- via NextBigTicker



AmericanBulls (americanbulls.com/PURA) today issued a BUY recommendation for Puration, Inc. (USOTC:PURA) at $0.03. PURA looks well staged to see one of its historic periodic PPS surges triggered by news in the coming trading days.  PURA hit $0.09 last September after trading in the $0.04 range days prior.  Last March, PURA hit $0.15 after trading in the $0.06 range days prior.

PURA has reported that it anticipates reporting $4 million in sales for 2019 and it has set an $8 million sales target for 2020 prior to a recently announced acquisition campaign to be fueled by a pending $5 million investment expected to close next week.  The company has reported that it expects to close a $5 million investment as early as Monday, February 10, 2020 to fund an acquisition campaign.  The acquisition campaign is targeting cannabis infused beverages, edibles and topicals.  The company has also reported that it expects to make its first formal acquisition offer promptly following the closing of the $5 million investment.

Analyst Speculative Buy and $0.35 PPS Target
 

PURA on Wednesday this earlier this week announced a next iteration of an ongoing CBD consumer survey conducted by Goldman Research on behalf of PURA to gauge and refine the company’s ongoing approach to the CBD consumer market. 

The Goldman CBD consumer survey included a PURA speculative BUY recommendation and at $0.35 target PPS.  PURA closed yesterday at $0.29.  Realizing the target PPS could deliver a 1000% ROI. 

The full CBD consumer survey update can be viewed at GOLDMAN CBD SURVEY.

AmericanBulls has also recently issued buy recommendations for 22nd Century Group, Inc. (XXII), Anavex Life Sciences (AVXL) and Aurora Cannabis (ACB)

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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.

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