3M forecast may be refined upward

The Company has entered into negotiations with a number of food and beverage consumer product companies regarding collaborations to infuse a co-branded Puration extract. The target sales objective of each collaboration agreement is $1 million dollars within the first year. Puration anticipates three collaboration agreements to be finalized promptly. The Company has more than three collaboration agreements currently under development. If Puration enters into more than three collaboration agreements, management may refine its preliminary revenue forecast upward.

http://www.purationinc.com/3m-rev-plan/