Alkame Holdings to form JV with Ready Made to produce unique only single use ready to serve baby bottle.
M2 EQUITYBITES-January 28, 2015-Alkame Holdings to form JV with Ready Made to produce unique only single use ready to serve baby bottle
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Alkame Holdings Inc (OTCQB: ALKM), a health and wellness technology holding company, announced on Tuesday the signing of a binding Letter of Intent with Ready Made Inc to form a joint venture to produce the world's only disposable single use ready to serve baby bottle.
Ready Made Inc is a corporation formed to commercially develop the 'Ready Made Disposable Baby Bottle', a new product to feed babies. The Ready Made Bottle comes from the factory completely assembled, sterilized and filled with infant formula.
Under this agreement, Alkame Holdings will have a 50% interest in the joint venture in return for providing the initial capital necessary to bring the product to market ready status along with providing Alkame's patented water technology which will supply its all natural fluoride free electrolyte enhanced water.
This only single use ready to serve disposable baby bottle is filled and fully assembled. The Ready Made Single Use baby bottle requires no assembly, and is pre-filled with infant formula and packaged bacteria free with a 12 month shelf life.
This new product will incorporate Alkame's patented water technology with Ready Made's patented technology, that allows formula to flow into the teat simply by removing the pressurized cap.
Reportedly, by eliminating the need for handling and assembly, bacteria is eliminated, commonly known threat to infants, especially those in humanitarian and disaster relief areas.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Jan 28, 2015|
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