Up Or Down? Alkame Holdings Inc (OTCMKTS:ALKM) Expects Significant Revenue

Alkame Holdings Inc (OTCMKTS:ALKM) is trading a bit higher on Thursday after gaining 15% in the past week.

Market Action

As of 10:47, ALKM stock gained 10% to $0.0022 with more than 22.52 million shares, compared to its average volume of 2.52 million shares. The stock has moved within a range of $0.0019 – 0.0022 after opening the trade at $0.0021

Major Trigger:

ALKM – Alkame Expects Significant Revenue Processing 50,000 lbs of Jarred Blueberries For Japan Daily

Key Highlights:

  • announced that its wholly owned subsidiary, Bell Food and Beverage, Inc. continues its Production Commitment to Pacific Flavors International Inc., a leading international food supplier and exporter of Oregon Blueberries over the coming weeks.
  • This order for 270,000 units is expected to generate significant revenue for the Company. Pacific Flavors showcases the company’s versatility and broad spectrum of capabilities and handles Oregon Blueberries at approximately 50,000 pounds of blueberries daily and packs at speeds up to 108 jars per minute, equating to as many as 60 pallets per shift.
  • For 20 years, Pacific Flavors, Inc. has been successfully showcasing the absolute best of the Pacific Northwest region’s indigenous sustainably sourced Blueberries. Oregon Blueberries are one of nature’s perfect foods that are high in Potassium, Iron, and Calcium, and low in calories. Pacific Flavor has been supplying some of Asia’s most prominent and largest grocery store chains through prestigious distribution networks, DELTA International Co., Ltd., and F&T Corporation.

Key Quote:

Robert K. Eakle, Alkame CEO states, ‘With supply line issues during an international pandemic effecting many businesses, we are very happy to have worked through those constraints and gear up our facility for this year’s Blueberry harvest.”

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