Smokefree Innotec Inc - SFIO STOCK NEWS

New Zealand-based Epiphany Cafe has partnered with US consulting firm Franchise Genesis to expand into the North American market. Established in 2015, Epiphany Cafe operates over 62 franchised locations in New Zealand, offering unique food and beverage products including donuts and coffee. The partnership aims to facilitate effective market entry strategies, franchise development, and marketing support. This expansion aligns with Starfleet Innotech’s global growth strategy, which includes entering high-growth markets like Australia and the Philippines.

Starfleet Innotech (OTC: SFIO) reported a revenue of $7.05 million for the quarter ending June 30, 2022. Key milestones include converting approximately 269 million shares into Series B Preferred Shares and completing feasibility studies for its flagship Epiphany Cafe in Southeast Asia. The company signed Letters of Intent for acquisitions in the Philippines and Mexico, enhancing its portfolio. The appointment of Steven Insalaco as president will strengthen operations and drive growth. Starfleet aims for uplisting onto Nasdaq, reflecting its ongoing commitment to shareholder value.

Starfleet Innotech (OTC: SFIO) has signed a Letter of Intent to explore acquiring PPM Toys to enhance its global growth. This partnership aims to secure a majority stake in PPM Toys, with projected revenues from this collaboration reaching approximately $2.7 million in 2022 and growing to $8 million in 2023. PPM Toys, a leader in the toy industry with over $100 million in revenue, specializes in licensing and distribution. The acquisition is expected to expand SFIO's footprint in North America, integrating technology and e-commerce strategies, while also exploring opportunities in the metaverse.

Starfleet Innotech, Inc. (OTC Pink: SFIO) announced a new class of shares through a partial amendment of its Articles of Incorporation. The amendment allows for the authorization of 310,000,000 preferred series B shares, convertible at a ratio of 10 common shares for each preferred share with full voting rights. The CEO, Jeths Lacson, stated that the new shares will enable strategic acquisitions and the recruitment of new officers. Approximately 300,000,000 restricted common shares will convert into preferred shares, carrying a 12-month sales moratorium and additional restrictions.

Starfleet Innotech (OTC: SFIO) reports significant expansion progress for Epiphany Cafe, doubling its domestic locations in New Zealand from 30 to 65 in 2022. The franchise intends to enter Malaysia, with plans for future expansions into the Philippines and the U.S. by year-end. The CEO outlines a strategy for 200 new locations across New Zealand, Australia, and Southeast Asia. The company aims to establish F&B product sales online and explore mergers and acquisitions to boost its North American presence. SFIO is focused on leveraging its strong global network to foster growth.

Starfleet Innotech (OTC: SFIO) has successfully concluded its US roadshow, featuring a prominent presence at the Planet MicroCap conference in Las Vegas. The company aims to solidify its position in North America, highlighting partnerships in the tech, F&B, and real estate sectors. SFIO's executives plan to finalize agreements to enhance its US operations. Recently, a partnership was established with a Canadian distributor to sell F&B products online and in retail stores. SFIO is focused on strategic alliances that can propel its growth and visibility within the North American market.

Starfleet Innotech, Inc. (OTC Pink: SFIO) is launching a series of strategic meetings to bolster its expansion in the U.S. over the next two months. Key executives will meet with partners and investors in Las Vegas, San Francisco, and New York, including a presentation at the Planet MicroCap Showcase from May 3-5, 2022. The focus is on collaboration with firms like NeuroSky and Project Fort for digital health projects under the Moraya brand in the Philippines. SFIO aims to solidify partnerships, enhancing its technology innovation ecosystem while connecting U.S. tech demand to Filipino talent.

Starfleet Innotech Inc. (OTC: SFIO) announced a 50% reduction in its authorized share count, decreasing from five billion to 2.5 billion shares. CEO Jeths Lacson stated this move aims to minimize dilution for shareholders while supporting capital raising efforts. The company will also create a new class of preferred shares, totaling 310 million, primarily converted from common shares held by officers. These preferred shares come with a 12-month moratorium on sales and will help fund future acquisitions.

Starfleet Innotech, Inc. (OTC Pink: SFIO) has initiated a digital advertising campaign in Times Square, highlighting its growth and expansion strategies. The 15 and 30-second ads showcase SFIO's core divisions—Food and Beverage, Real Estate, and Technology—aiming to enhance shareholder value. CEO Jeths Lacson emphasized the company's global reach and commitment to innovation. SFIO's F&B division is preparing to launch its products, including Gorgeous Coffee and Epiphany Manuka honey in the U.S. market, laying groundwork for future physical store entries.