PURE Bioscience Inc (QB) (PURE)

PURE...https://www.stockscores.com/charts/charts/?ticker=PURE


....volume pickin up....

PURE...https://stockcharts.com/h-sc/ui?s=PURE&p=D&yr=0&mn=10&dy=0&id=p88431147851

PURE.....bottom play.....https://stockcharts.com/h-sc/ui?s=pure&p=D&yr=0&mn=5&dy=0&id=p17466071232

Down to 70 cents :/

NEWS: $PURE PURE Bioscience and SmartWash Solutions® Release SmartWash Boost(TM) Pretreatment Study

Results Show Increased Lethality and Dramatic Reduction in the Risk of Foodborne Illness in Processed Leafy Greens Superior Pretreatment Solution Now Available to the Fresh-Cut Market PURE Bioscience, Inc. ( OTCQB: PURE ), creator of the patented non-toxic silver...

Find out more PURE - PURE Bioscience and SmartWash Solutions® Release SmartWash Boost(TM) Pretreatment Study

PURE Bioscience and SmartWash Solutions® Release SmartWash Boost™ Pretreatment Study
Press Release | 11/11/2020
PURE Bioscience, Inc. (OTCQB: PURE), creator of the patented non-toxic silver dihydrogen citrate (SDC) antimicrobial, and SmartWash Solutions®, a produce industry leader in fresh cut food safety, jointly announced recent successful study results documenting that the pretreatment use of SmartWash Boost™ dramatically reduces the risk of foodborne illness in iceberg and romaine lettuce by increasing lethality.

Dramatic Efficacy
The pretreatment combines PURE Biosciences’ SDC based PURE Control® and SmartWash Solutions chemistry to “boost” the established lethality of the free chlorine wash process and increase E. coli die-off by more than 0.7 log* when used with industry food-safety best practices.

A recent study presented by the USDA-ARS shows that SmartWash Boost™, a patent-pending process aid used to pretreat iceberg and romaine lettuce prior to washing, increases lethality and accelerates the death of E. coli during cold storage.

Commercialization
“The fully integrated Boost control system can be added on to any standard wash system. This novel application and chemistry have been used commercially and is now available to the fresh-cut market today,” said Steven Swarts, Director of Business Development at SmartWash Solutions. “As presented by the USDA-ARS, this uniquely effective tool provides the additional incremental lethality needed to drastically reduce the potential for food borne illness when coupled with SmartWash Solutions industry leading wash system cross-contamination control. This is a huge win for companies seeking to prevent recalls, protect their brand and assure consumer health, trust and safety.

“We have spent hundreds of hours working in our pilot plant to design the very best wash system for cut products. We are excited to receive third party results that validate and reinforce our internal studies, proving significant incremental lethality in the process,” Swarts concluded.

Tom Myers, PURE’s Chief Operating Officer, said that, “PURE Bioscience has been working closely alongside SmartWash Solutions throughout this process and we are thrilled that the pre-treatment results reported last year at the 2019 IAFP have been recently validated by the USDA-ARS. We are supporting the commercialization effort of SmartWash Solutions and the industry in this significant step toward a safer produce supply, as enhancing food safety is and remains the core of our business strategy.”

*Log reduction is a mathematical term used to show the number of microbes eliminated from a surface by disinfecting or cleaning. A 1-log reduction means that the number of microbes is 10 times smaller, a 2-log reduction means that the number of microbes is 100 times smaller and so forth.

Technical Study Details
This report from the USDA details the efficacy of the new pretreatment process and solution, PURE Control/SmartWash Boost. The technical details are available in the links below.

Study results presented by the USDA-ARS at the 2020 IAFP event
White paper regarding benefits of Acidic Silver Ion pretreatment
Presentation overviewing research modeling process
About PURE Bioscience, Inc.
PURE Bioscience, Inc. is focused on developing and commercializing our proprietary antimicrobial products primarily in the food safety arena. We provide solutions to combat the health and environmental challenges of pathogen and hygienic control. Our technology platform is based on patented, stabilized ionic silver, and our initial products contain silver dihydrogen citrate, better known as SDC. This is a broad-spectrum, non-toxic antimicrobial agent, which offers 24-hour residual protection and formulates well with other compounds. As a platform technology, SDC is distinguished from existing products in the marketplace because of its superior efficacy, reduced toxicity and mitigation of bacterial resistance. PURE is headquartered in Rancho Cucamonga, California (San Bernardino metropolitan area). Additional information on PURE is available at www.purebio.com.

About SmartWash Solutions®
SmartWash Solutions is an industry leader in food safety technology, helping processing plants around the world maximize food safety, achieve FSMA compliance, control wash water chemistry, track wash-line efficiency, prevent food-borne outbreaks and save money. Visit smartwashsolutions.com or call 831-676-9750 for more information.

Forward-looking Statements
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Statements in this press release concerning the Company’s expectations (including with respect to SmartWash Solutions), plans, business outlook or future performance, and any other statements concerning assumptions made or expectations as to any future events, conditions, performance or other matters, are “forward-looking statements.” Forward-looking statements inherently involve risks and uncertainties that could cause our actual results to differ materially from any forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, the Company’s failure to implement or otherwise achieve the benefits of its proposed business initiatives and plans; economic and other disruptions resulting from COVID-19; acceptance of the Company’s current and future products and services in the marketplace, including the Company’s ability to convert successful evaluations and tests for PURE Control and PURE Hard Surface into customer orders and customers continuing to place product orders as expected and to expand their use of the Company’s products; the Company’s ability to maintain relationships with its partners and other counterparties; the Company’s ability to generate sufficient revenues and reduce its operating expenses in order to reach profitability; the Company’s ability to raise the funding required to support its continued operations and the implementation of its business plan; the ability of the Company to develop effective new products and receive required regulatory approvals for such products, including the required data and regulatory approvals required to use its SDC-based technology as a direct food contact processing aid in raw meat processing and to expand its use in OLR poultry processing; competitive factors, including customer acceptance of the Company’s SDC-based products that are typically more expensive than existing treatment chemicals; dependence upon third-party vendors, including to manufacture its products; and other risks detailed in the Company’s periodic report filings with the Securities and Exchange Commission (the SEC), including its Form 10-K for the fiscal year ended July 31, 2020 and Form 10-Q for the third fiscal quarter ended April 30, 2020. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. By making these forward-looking statements, the Company undertakes no obligation to update these statements for revisions or changes after the date of this release.

Up-listing to NASDQ would be awesome!

PP coming into the stock. https://ih.advfn.com/stock-market/USOTC/pure-bioscience-qb-PURE/stock-news/83492564/post-effective-amendment-to-registration-statement

PP coming into the stock. https://ih.advfn.com/stock-market/USOTC/pure-bioscience-qb-PURE/stock-news/83492564/post-effective-amendment-to-registration-statement

agreed --very good results with bullish forcast. I added more on Friday.

Excellent results as expected. Following Q over Q will show a very profitable bottom line for $PURE with share price tripling. I did a projection earlier this year of a 300% gain from these price levels.

As mentioned the Corona virus is here to stay, but the increase in sales for the Food Processing and Manufacturing industries is not for Covid-19. It is for safety to prevent many other food born illnesses.

PURE just needed the unfortunate occurrence of C-19 to open it up to the market. Now sales will continue from here.

Year end report is out and looks very sweet! They even wiped out the over 6 million dollar deficit and are now in the black.
https://www.businesswire.com/news/home/20201008005999/en/PURE-Bioscience-Reports-Fiscal-2020-Financial-Results

Why should we?

Take a look at the product Avistat-D

Covid is not going anywhere for another 2-3 years at least.
Vaccines will be ineffective (same as flu vaccines that are only 25-30% effective). So the need for disinfectants will be very high. The worst of course will be this coming winter.
So the company not only should sell tons of product in the following months, but the market might price in the future years profits and drive the stock very high. I wouldn't rule out double digits by next summer.

Will the stock go down when Covid is gone? Of course it will, especially if the stock price would be too high when that happens. The key is to sell before people realize the run is over.

Your right, the Company, and their shareholders stepped in shit when the COVID19 hit. Earning expected soon and will discuss them with you.
Thanks

I was talking about the food industry and why they didn’t hop on this like it was the next best thing to sliced bread years ago...
PURE has been around for a while - it took corona virus to move it.
What’s going to keep it moving when Covid-19 is “gone”...?

$PURE reports record revenues, Repost from June 6,
and profits. Highlights below!


Revenues for the fiscal third quarter in 2020 increased 612%
Net income per share was $0.01 for the fiscal third quarter in 2020, compared to a net loss of ($0.03) for the fiscal third quarter in 2019.
Gross margin was 56% for the three months ended April 30, 2020
Revenues for the nine months ended April 30, 2020 increased 129%

$PURE Bioscience, Inc. (OTCQB: PURE), creator of the patented non-toxic silver dihydrogen citrate (SDC) antimicrobial, today reported financial results for the fiscal third quarter ended April 30, 2020 and the nine-month period ended the same date.

Highlights:
Tom Y. Lee, Chief Executive Officer summary
“With the achievement of profitability, I’m pleased to note that revenue for our fiscal fourth quarter is expected to meet or exceed our fiscal third quarter revenue.”
“Due to increased and continued demand, we have expanded our production capacity. Our primary contract manufacturer has invested significant amounts to improve lead-times and volume, allowing us to manufacture bulk product in two Midwest locations with further expansion underway."
“For the first time in the company’s history, PURE is profitable. During the third quarter, sales to our distribution network significantly increased due, in part, to our recently announced partnership with Packers Sanitation Services, Inc. (PSSI) and our alliances with Whiting Systems, Inc. and Marathon Group, LLC. We look forward to expanding our relationships with PSSI, Whiting and Marathon, all respective leaders in their industries with national and global reach."

PURE® Hard Surface
-Food Processing and Manufacturing: PURE Hard Surface is now available for use in over a thousand protein, produce, bakery, and dairy facilities across the United States
-Transportation Sanitization: PURE’s Transport Sanitation Solution, designed to meet the FDA Food Safety Modernization Act (FSMA) requirements, is now being used by three of the nation’s largest food transportation companies servicing restaurant chains, food processors and grocery store chains
-PURE’s Transport Sanitation Solution across multiple channels, including prisons/jails, hospitality, education and more

PURE Control®
SmartWash® Boost: delays and economic impacts related to COVID-19 have impacted final third-party validation of SmartWash® Boost. Nonetheless, SmartWash remains committed to bringing the revolutionary Boost product to market to treat pre-cut lettuce as a further intervention step to protect America’s food chain. A senior executive of Taylor Farms was recently quoted saying, “Clearly, there is a path forward for Boost to play an integral part in ensuring the safety of the United States produce supply.”
While five facilities are operating using PURE Control, the planned rollout at a multinational produce processor was slowed by the events of the first calendar quarter of 2020. All plans remain in place and are expected to move forward to additional locations for berry and tomato processing. The same multinational corporation adopted PURE’s Environmental Solution for all 21 of its locations, including corporate offices for facility and employee safety.
To date, work is ongoing with multiple additional processors for treatment of herbs, tomatoes, onions, broccoli, cabbage, berries, processed grapes, leafy greens and cut lettuce.
https://www.marketwatch.com/press-release/10-q-pure-bioscience-inc-2020-06-11?mod=mw_quote_news
https://last10k.com/sec-filings/pure/0001493152-20-011000.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=pure
https://m2compliance.com/hosting/company/PURE/link_files/2020/06-11-2020/Form10-Q(06-11-2020)PureBioscience/Form10-Q.pdf

Someone bought a large block on the very last trade today

We will see $2.00+ again.

Chart is interesting. In June I saw resistance from 2016-01-11 price levels at $1.49. It blew right past that to $1.61 then $1,91 and HOY $2.05. I was confused that share price did not even slow down at $1.49.

Now that we pulled back and retraced here is that $1.49 resistance.
Charting is pure fun.

Let's see if we begin to gain volume on this next run. We have to reuse the ammunition we had in May and June if no further PR's are released.

Subslover, a bit of history. This post was when we were at $1.38 and three days later hit $2,05.

The Rainbow -Monday, 06/08/20 08:53:11 PM
Re: subslover post# 1308 0
Post # of 1416

I added to my $PURE position today, so averaged up, way up. I can feel the tension on the rubber band and it is ready to snap.

@subslover, When volume hits, FOMO will follow and I can easily see your conservative projection of $1.75-2.00 being hit.

You had high hopes? PURE was 0.20 back in February. $1.50 close today and was over $2.00 just two months ago. Do the math and get back to us, please.

Chart indicators, volume and sentiment is very strong for $PURE today. The past week has shown strong support.

Subway and Chipotle are listed as two of the largest "food establishments" that are using SDC. Add to them the new distributorship agreements valued in the millions of dollars.

Are you insinuating that sales are not adequate for this market niche or are you asking how strong $ABMC's market share actually is?

I can re post my previous comment:

My impression with the company posting their first profits in a quarter in a really long time that product is flying off the shelves.


And this is wholesale / bulkk materials.

I’m surprised more commercial businesses aren’t using this regularly- esp food establishments. Guess they will just take their lumps if something does happen in their restaurant... I had high hopes for Pure and SDC...

My impression with the company posting their first profits in a quarter in a really long time that product is flying off the shelves.

It would be nice to get some updates though. Next full quarter earnings will be filed in just a few weeks, mid September.

In this terrible health climate, why isn’t this product flying off the “store shelves” like all the other disinfectants??

Indicators are all ready for launch. Just lacking volume.
A catalyst and we can be at new highs.

Downtrend is reversing and indicators are moving up. Volume is green.

Looks like a move upwards from this wedge pattern any day.

https://www.nasdaq.com/articles/clorox-wont-have-enough-disinfecting-wipes-until-2021-its-ceo-says-2020-08-04

$PURE: Disinfect those Classrooms & SchoolBuses


Demand is gonna SKYROCKET for Pure Bio's products.


Crazy cheap still.



GO $PURE

$PURE: Q3 REVENUES increased 612% !!!!!!!!!!!!!!!


Watch how massive Q4 NUMBERS are gonna be.


This is a HUGE year for $PURE




Get ready to go to $10/sh




GO $PURE

$PURE: $OBCI disinfectant just popped to $22


Guess they haven't heard about $PURE yet.



This one can rip and roar well over $10 from here



GO $PURE

aweome post, crony! Please excuse me for copying and posting on Stocktwits board...

Pure (gold)

Thank you for all the Great posts here folks. Very professional synopsis by all!

Well written synopsis of what $PURE can do.

It will nice to see share price step back up to $2.00 and consolidate there again before it's next leg up.

Yes, SDC licensed to a pharma would be huge. I have never found any link to any current testing at this time.

It is the citrate base that makes the silver in SDC unique and have not read of any other forms that allow it to work as well.

As you know, the market outside of antibiotics is so important at this time. It is difficult to keep up with manufacturing as it is, production has at least doubled to date.

My comment on the lack of PR and marketing etc. was in reply to the specific question on why there is no shareholder interest. It definitely is the reason the stock price has dropped to such lows. We know the company is having record revenues on a needed product.

No PR = no shareholder interest = lower share prices as buyers move on to the hundreds of other COVID running stocks making 20-70% per day.

So keep a solid foundational holding here and be prepared for the next move up.

I think they are selling all they can produce.
It became available at Amazon and now it is sold out a week later.
Not much sense spending money on marketing when they cannot supply existing customers. Also not much sense issuing PRs when CEO and his friends might want to buy more shares on the open market.
Let them expand the production capacity first. I am sure the PRs will be coming.

I remember I saw another company selling Silver based solution to be used internally.
Maybe it didn't much sense to pursue this avenue before, but with the Covid - it should be pursued. Of course, they should just supply the SDC and let some pharmaceutical company do all the heavy lifting like testing and marketing. That would be a cherry on the pie.

There was a discussion here some 30 posts ago and posters didn't like someone's statement about PURE revenues going down after COVID is defeated. So I want to add to it. I just could'n find that post I wanted to reply to so I will add my two cents here.

1. Covid will be defeated at some point.

2. I think a vaccine will be as effective as a flu vaccine (not very effective) and unless they develop a miracle drug that will cure it right away - COVID will be a major issue for the next several years.

3. So PURE should be able to grow revenues for many more years. At some point - the revenue growth will slow down, but they should grow while COVID is here.

4. At some point (3 or more years from now) COVID won't be major concern due to herd immunity or available treatment. If by that time PURE has revenues of let's say $100 mln per year - they might suffer revenue decline and I wouldn't want to hold the stock when that happens. If their revenues won't be that big - they might still keep growing it by signing food processing companies.

Now, what I expect should happen in this crazy market.

We just had a normal consolidation with impatient traders couldn't hold it anymore while there are sure winners such as AMZN or TSLA.
Potential buyers are also waiting until they see an uptrend resuming.

We should start an uptrend soon and all those sideline money will be chasing the stock. Not many will be able to buy below $2 when no one will be selling.

I expect the stock to be much higher by year end.
We don't know what their revenues are going to be in this quarter, but I know the CEO was buying a lot of stock at $2 and that tells me something.

Many will depend on how steep their revenue growth is going to be when they announce it in October and the next quarter in December.
If they show good revenues growth - stock will be much higher than it is now. It can be anywhere between $4 and $10 depending on their revenues and market conditions.

I expect COVID second wave (real one , not the one they are talking about now) to be much worse since it will coincide with a regular Flu season. Same as with Flu, not many people are getting sick at summer time, but most everyone is sick in Winter.
November-January should be the worst and I would expect Covid related stocks doing very well.
I would expect the company will be getting a lot of new orders and people will start projecting how big those orders might get in the future years.
At the same time they should be eligible to move to Nasdaq so the robinhood gang will be able to buy it.

So the stars might align (stock and profits are rising, move to Nasdaq, Covid is in the news, new big orders are coming). Many will depend on their ability to expand production capacity. That is a key. A license deal might propel the stock.

My point is, the future might be very good, but in this crazy market that bright future might get priced in this winter or spring. If that happens - I would get out. Of course the next thing they will announce a deal with a pharmaceutical company to use SDC internally and it goes up another 500%.

I do not believe $PURE as a company is on top of PR, marketing or sales. This run to $2.00 was on an expected great "Subsequent Events" announcement, which we received. They also announced very excellent partnerships with PSSI and Whiting Systems that are leaders in their fields of maintenance and sanitation.

So the product really is excellent, safe and best in class.

Large investors have been signing in, sales will be increasing quarter by quarter, and I expect new partnerships will be announced.

COVID-19, as unfortunate as it is, saved this company, so lets see if they can turn themselves around.

So that’s great news, but if it’s so effective, why is Pure not attractive to buyers?

Can't disagree with a single word.

This is a word of warning for the newbies that will get hit with reality when that time comes. I received the same life lesson after the internet craze and will never forget.

The same goes here. $PURE was a struggling company before COVID. Let's see if they can remake themselves, but in spite of themselves we have a real winner as long as they perform.

Market is fundamentally broken.
I am following several very knowledgeable people on Twitter (some of them are guests at CNBC and such) and many of them predicted in April the market would be going up up and up because of all the trillions the FED is printing.
That doesn't make any logical sense when companies earn much less, but this is how market works: stock direction is the only thing that matters. And the talking heads will justify any stock price. Like saying people should focus on how TSLA is going to earn in 2030. Any price can be justified when it is based on a fantasy.

At some point the stock market will crash. We just don't know when that happens. Maybe this year, maybe next year.

I would rather prefer a market that is going nowhere so people start putting money into smaller companies. Market crash will pull all the stocks down. Right now, all the money go to Nifty 5. People are really panicking they are going to miss the mother of all rallies.

:)

Good article. It is interesting how after hundreds of years, silver is still a mystery.

And since $PURE has gone dark, it is a mystery also. ;-]

Thank you very much TRT!

I'm a physician but had forgotten my medical history (silver was used extensively prior to modern antibiotics). Maybe making a comeback given pervasive development of antibiotic resistance:

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6163818/

$PURE has the product SDC tested as an antibiotic in older medical journals and independent of the company. Electrolytically generated silver ions stabilized in citric acid as Silver Dihydrogen Citrate

This was something I researched in medical journals. I have a science background and became interested when ionic gold and other minerals became of interest for several uses from vitamins to antibacterials carried in the bloodstream.

I only uncovered a couple very old studies, independent of the company.

Here is one abstract.

4-Once in the bloodstream, the silver ion then travels to all of the tissues of the body, including the bones (which are extremely difficult to treat with antibiotics because of reduced circulation in the dense bone tissues),16where it attacks and kills a broad spectrum of bacteria, viruses, and fungus while remaining medically benign to human cells.17No side effects of nanosilver have ever been reported to have been toxic to mammals.18,19In 1974 and again in 1976 effective dosage levels of nanosilver were found to be safe for mammalian tissues.203)Ongoing medical research (2003) into Oligodynamic silver has conclusively demonstrated that a)“The smaller the particle of silver, the ....
https://drcarolyndeanlive.com/wp-content/uploads/2018/07/SILVER-REPORT-EDIT.pdf

What happened to the internal medical evaluation? Scrapped or just sheer silence after the announcement?