Smokefree Innotec Inc Stock Price, News & Analysis

Starfleet Innotech, Inc. (SFIO) has acquired LEENTech Network Solutions (LNS+), enhancing its technology and software development capabilities. This acquisition aligns with SFIO's strategic focus on future-oriented industries as it formalizes LNS+ within its new division. The move is part of a five-year innovation roadmap aimed at transformative collaborations across SFIO's five business divisions. LNS+ boasts a robust talent pool and established partnerships, positioning SFIO to leverage digital transformation and technology solutions globally.

Smokefree Innotec, Inc. (OTC: SFIO), a leading asset management company, announced significant strategic acquisitions aligning with its global expansion roadmap. Recently acquiring Agrokings, Inc. and its subsidiaries, SFIO now owns Epiphany Café and several other businesses, generating $2,721,628 in new revenue within a month. The company emphasizes synergies across its diverse industries to enhance profitability. SFIO's balance sheet shows minimal liabilities, positioning it for growth. The company has removed its Caveat Emptor designation and is launching a new class of preferred shares.

Smokefree Innotec, Inc. (SFIO) has signed a memorandum of understanding with Omnicor Industrial Estate & Realty Center to develop a US$100 million eco-friendly tech village in Batangas, Philippines. The 500-unit project, part of a 10-year plan, will blend residential spaces with modern amenities, targeting professionals seeking work-life balance. Already holding an environmental compliance certificate, the project aims for completion by 2024. SFIO is positioned as the preferred developer for AbaCore Capital Holdings' extensive real estate, enhancing its roadmap toward Nasdaq uplisting.

Smokefree Innotec, Inc. (SFIO) has initiated a six-month roadshow across the US as part of its strategy to establish a stronger global presence. This program, led by new Advisory Board member Jonathan Petalver, includes masterclasses and workshops targeted at business partners and investors. SFIO aims to meet potential partners in key US cities, including New York and Silicon Valley, to develop its property and technology divisions. The company has also appointed a new CFO, Michael Venezuela, as part of its $100M business roadmap set for completion by 2022.

Big Lou's Donuts, an Australian donut manufacturer, has secured contracts expected to generate an additional US$3M in annual revenue, doubling its current revenue of US$2.5M. Key clients include Metcash and FoodWorks, with US$1.3M from Metcash and US$0.75M from other supermarket chains. The company, recently acquired by Smokefree Innotec (SFIO), plans to expand its operations and introduce a proprietary vegan donut formulation. This strategic growth aims to enhance market share in Australia.

SFIO has successfully acquired MLV Group and Big Lou's Donuts to bolster its expansion efforts in Australia. The acquisition aims to enhance the operational capabilities of Epiphany Café, leveraging Big Lou's state-of-the-art donut factory, which produces over 9,000 donuts per hour. The bakery plans to supply its signature donuts while continuing to serve major supermarket chains. MLV Group, a growing accounting firm with a 30% annual growth rate, will manage financial performance for SFIO’s subsidiaries. These strategic moves position SFIO for significant market growth in Australia.

Smokefree Innotec (SFIO) has initiated franchising opportunities for its Epiphany Café brand across the USA, Australia, UAE, and Canada, following the acquisition of Agrokings, Inc. This move aims to expand their market presence and is part of SFIO's global investor roadshows starting in October 2021. The company has also launched 'The Global Academy' to enhance business training and coaching for potential franchisees, focusing on the shared economy. Additionally, SFIO's innovative SMART-FREEZE Technology extends product shelf life, promoting sustainability.

Smokefree Innotec, Inc. (OTC: SFIO) has successfully completed its acquisition of Agrokings, Inc., following its removal from the Caveat Emptor (CE) list and achieving Pink Current status earlier this May. SFIO now fully controls AGROKINGS, which operates multiple subsidiaries in New Zealand and Australia, including the Epiphany Café Franchise Group and Gorgeous Coffee Co. The acquisition aims to enhance SFIO's asset base through strategic investments and partnerships in five business divisions. A global fundraising campaign is also underway to support SFIO's expansion plans.