Business
Fandango Collection & Recycling Issues Business Report After One Year of Activity with Beyond Oil
Exclusive Israeli Distributor Expanding Customer Base to Include Giraffe and MeatBar Steakhouse R...
About this update from Beyond Oil Ltd
[{"type":"text","content":"Fandango Collection & Recycling Issues Business Report After One Year of Activity with Beyond OilExclusive Israeli Distributor Expanding Customer Base to Include Giraffe and MeatBar Steakhouse Restaurant Chains, Among Others VANCOUVER, BC AND KIBBUTZ YIFAT, ISRAEL / ACCESSWIRE / October 11, 2024 / Beyond Oil Ltd. (CSE:BOIL)(OTCQB:BEOLF) (\"Beyond Oil\" or the \"Company\"), a food-tech innovation company dedicated to reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability, and Fandango Collection & Recycling Ltd. (\"Fandango\"), Beyond Oil's exclusive Israeli distributor, are pleased to provide the market with an update on their commercial expansion in the Israeli market, including the closing with additional customers.Since placing its second major product order in July 2024, Fandango has continued to attract new and repeat customers, including, but not limited to, Giraffe, an Israeli-based Asian chain, and MeatBar Group, that owns the MeatBar Burger restaurant chain and the high-end MeatBar Steakhouse. Fandango has also closed repeat sales with a number of other chains and large organizations in Israel and is working with their leadership team to publicly disclose their names in the coming weeks and months.Shai Medioni, CEO of Fandango, comments: \"Prior to selling the Beyond Oil product, Fandango utilized various filtering devices and powders to prolong the life of frying oil by removing food residues. Having devoted the past year to staff training, product marketing, advertising, and developing a comprehensive sales system with restaurants across Israel, we are now poised to accelerate the penetration of the Israeli restaurant market in a sustained manner.\"As stated in Fandango's year end report to Beyond Oil, Fandango reports that the Beyond Oil product has reduced its customers' oil consumption from 50% to 80% on a consistent basis. Fandango has also taken steps to label frying kitchens using Beyond Oil with quality seals, signaling to customers that they are receiving safer and higher-quality food. Additionally, social media campaigns have amplified this message, highlighting the partnership with restaurateurs and chefs who proudly display these quality seals at their establishments.Jonathan Or, CEO of Beyond Oil, comments: \"Our team has been w...