Alkame Holdings Inc. (OTCMKTS:ALKM) Stock Trades Higher After The Recent Consolidation

Alkame Holdings Inc. (OTCMKTS:ALKM) was up 4% after announcing that Pacific Gourmet Sauces LLC has committed to purchase eight truckloads from its subsidiary West Coast Copacker Inc. for the upcoming year.

Trading Data

On Wednesday, ALKM stock gained 3.57% to $0.0015 with more than 12.70 million shares, compared to its average volume of 32.30 million shares. The stock has moved within a range of $0.0014 – 0.0015 after opening the trade at $0.0015.

Announces $265,000 Order

The truckloads will be shipped two per quarter, and the company has received an initial purchase order to fulfill soon. The purchase order’s total value is around $265,000. The company’s first buy order for their unique Teriyaki Sauce was dispatched at the beginning of the month. The product has performed exceptionally well in the market. The other purchase orders expected after a few weeks will carry them through the holiday season, with product sales showing considerable acceptance in the market within a short period.

The product is available through Amazon or www.pacificgourmetsauces.com. The company’s CEO Robert Eakle Alkame said that they are delighted to witness a positive response, and they are looking forward to bringing additional sauces for Pacific Gourmet to the market soon. So, investors should keep an eye on ALKM.

Key Quote

“We are glad to see the positive response so soon, and we look forward to assisting in bringing additional sauces to the marketplace shortly for Pacific Gourmet” stated Robert Eakle Alkame CEO.

Technical Data

ALKM stock is trading below the 20-Day and 50-Day Moving averages of $0.0015 and $0.0016 respectively. Moreover, the stock is trading below 200-Day moving average of $0.0021. The stock is down 12% in the past month.