Business
Emerging Markets Report: Something’s Cookin’
Emerging Markets Report: Something’s Cookin’.
About this update from Kisses From Italy Inc.
[{"type":"text","content":"\n An Emerging Markets News Commentary ORLANDO, Fla., Aug. 08, 2023 (GLOBE NEWSWIRE) -- For decades upon decades investors have looked for the smallest tidbits of information to ascertain the trajectory of a public company. They scrutinize filings to see if perhaps the Company is purchasing more of a critical ingredient or part that might portend a large unannounced purchase order and greater future sales. When a new hire joins the Company’s C-suite or Board of Directors they scour his or her background, comb through their LinkedIn and imagine what that new Rolodex might do for the Company’s bottom line. Imaginations run wild. Message boards run amuck. All on simple or not so simple speculation. But what if the future were not so hard to imagine, not so opaque? What if you could see the next steps, almost to reality and fruition and imagine the next version of a Company that is both time proven and agile, looking to expand upon their successes in a truly significant way that is a reasonable, almost organic extension of their business model? Kindly allow us to re-introduce one of our longest covered companies, Kisses From Italy, Inc. (OTCQB:KITL) a U.S.-based restaurant chain operator, Franchisor, and product distributor of Italian foods. Well, that’s the descriptor we’ve used for years. And it’s about to change. Kisses From Italy has had its share of successes crafting and delivering popular Italian food items in its restaurants and through stores as a take-and-bake item. The systems to deliver in both channels are ALREADY in place, proven, enduring. The recipes are also proven and popular, the essence of a brand. The Company’s business plan thus far has been well-reported by them and by us. We’ve noted their expansions and progress and have always appreciated the fact that the Company has been able to generate revenue in a variety of ways. But the next step(s) could be significant. As has been widely reported, the Company has entered into a partnership with Celebrity Chef Scott Conant. Conant, for those without cable television, is an American celebrity chef, Food Network star, restaurateur and celebrated cookbook author. Kisses and Conant have agreed to develop a new restaurant concept with Conant and team taking the lead on the brand and concept. That was several months ago and we aga...