Business
Smokefree Innotec, Inc. (SFIO) Exhibits Rapid Growth through Strategic Acquisitions in Q3 Report
Smokefree Innotec, Inc. (SFIO) Exhibits Rapid Growth through Strategic Acquisitions in Q3 Report.
About this update from Starfleet Innotech Inc.
[{"type":"text","content":"\n HAMILTON, New Zealand, Nov. 18, 2021 (GLOBE NEWSWIRE) -- Smokefree Innotec, Inc. (OTC: SFIO), a leading asset management company and innovation group, is pleased to share news of its recent strategic acquisitions in line with its five-year roadmap of global expansion in the fields of franchising, food manufacturing and distribution, coffee, property development, and technology and software development. ______________________________________ Jeths Lacson, CEO / Chairman, shared the following letter regarding the company’s Q3 report: “Dear shareholders and valued business partners, In the last letter I addressed to you, I outlined a number of projects we had in development for Smokefree Innotec, Inc (SFIO). I am thrilled to share that we have not only accomplished many of the key milestones we had set for the Company since then, but have forged new partnerships to further concretize our ambitious roadmap for SFIO. As I mentioned before, our primary focus entering 2021 was to build a strategy towards not only surviving, but thriving through the pandemic. To that end, we entered a period of restructuring that saw the Company not only bringing greater value to its community of shareholders, but also truly championing our mission of building global leaders across our core industries. Q3 Highlights: Last August 21 marked the first of a series of lucrative acquisitions for the SFIO group, with Agrokings, Inc. and its subsidiaries successfully joining our community. As such, our Q3 report only reflects the period between August 21 to September 30, 2021. Similarly, the report reflects only the financials of SFIO-owned businesses, and not the financials of its subsidiaries’ franchisees. With that in mind, I am confident you will find that the report sets a strong baseline for future growth, buoyed by our plans for hyper-expansion. New Acquisitions: Through its acquisition of Agrokings, Inc, SFIO now holds full ownership over Epiphany Café, an award-winning franchise recently honored among Silicon Review’s 50 Most Trustworthy Companies in 2021. This includes the franchise business’ three company-owned sites. Also joining the community through this recent acquisition are Gorgeous Coffee, Ardent Bakers, A+ Electrical, AG Architects, and Accord Investment Group (AIG). Through Australia-based AIG, SFIO now ...