Pura Naturals Inc OTCMKTS: That said, there are some interesting events underway at the company as well, including their recent announcement of the launch of Pura Marine, a division focused on developing solutions using AirTech Foam technologies and allied products directed towards oil spill prevention and remediation in our waterways. According to the release, Pura Marine is currently in negotiations with some of the largest marine oil transport companies in the United States and in addition is actively pursuing business in the trucking and oil sectors.

We must now also include this marine direction as well, making for an extremely eclectic combination of narratives. It offers a series of fly fishing flies under the titles of Yummy Tandem Flies, Natural Selection, and Canyon Magic.

The company was incorporated in and is based in Lakewood, Colorado. PURA — DE partnered with Advanced Innovative Recovery Technology, Inc. AIRTech , to create a revolutionary and proprietary bio-based foam called BeBetterFoam that is made from renewable resources instead of petroleum.

PURA- DE markets and sells a line of cleaning products based on the BeBetterFoam platform for consumer kitchen and bathroom, with additional products for outdoor hobbies fishing and boating, spas and pools , pet care, infant care and industrial use currently under development. The revolutionary foam absorbs grease while repelling water and inhibiting bacteria growth and odors.

The earth-conscious company prides itself on its plant-based products made from renewable resources with no petroleum by-products. Pura Marine is expected to be an additional source of revenue for Pura Naturals, Inc.

There are some key events attached to this launch as well. Jim Russell joins Pura Marine as an advisor.

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Jim brings over years of knowledge and expertise as a USCG Ton Master of Tow in the Fuel and Oil Transportation Industries. The company also notes that Pura Marine has participated and provided input with a few key industry events, including: However, it is possible that this strategic development really some of the momentum that the company had developed around its household strategy related to foam cleaning products.

Investors sold on that direction must now simply not know what to think given the massive gulf between the two end markets from a positioning standpoint. From that perspective, this type of complete pivot can be damaging, as it appears to have been in this case.

This is an exciting story, and we look forward to a follow-up chapter as events transpire. For continuing coverage on shares of PNAT stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick! Home Investing Sector News Wall Street Daily Opinion. Home About Us Our Team Contact Us.

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