Broadside Enterprises, Inc. (OTC:BRSE) Announces Sale of Digital Hospitality Platform to Kinetic Eats, Inc.

Broadside Enterprises, Inc. (OTC:BRSE) today announced the successful sale of its multi-brand digital hospitality platform to Kinetic Eats, Inc. As a result of the January 2025 transaction, Broadside became the largest shareholder of Kinetic with a 41% stake.

This strategic decision comes as Broadside Enterprises adapts to the current funding and regulatory environment. "While our digital hospitality platform demonstrated significant potential, the challenges of raising capital under our current OTC Pink status did not permit us to support the business going forward," stated Christopher Petzel, Chairman of Broadside.

"We believe this transaction will provide the platform with the resources and support necessary to thrive as a private company." Broadside Enterprises is now considering various strategic alternatives including the feasability of a comprehensive audit of its financial statements. This crucial step would be aimed at fulfilling the requirements for an uplisting to the OTCQB to provide enhanced visibility and access to a broader investor base for future transactions.

Christopher Petzel remains at Broadside as its sole officer and director.

About Broadside Enterprises, Inc.:
Broadside Enterprises, Inc. (OTC:BRSE) is a business development company. It is the largest shareholder in Kinetic Eats, Inc., a multi-brand platform for gourmet food delivery. Learn more at https://www.broadsideenterprises.com/ and https://www.otcmarkets.com/stock/BRSE/overview

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