Los Vegas, Nevada--(Newsfile Corp. - November 19, 2020) - Smokefree Innotec, Inc. (OTC Pink: SFIO) ("The Company" or "Smokefree Innotec") is pleased to announce it has signed a definitive agreement to be acquired by Agrokings Incorporated ("Agrokings").
Agrokings is a conglomerate of synergistic companies in the hospitality, agricultural, electrical and distribution spaces, and will include the Epiphany Café franchise group, Gorgeous Coffee, Ardent Bakers, and A+ Electrical - all of which are located in New Zealand. Altogether, the companies mentioned are generating millions of dollars in annual revenue and are expanding at a rapid rate throughout the region.
Epiphany Café currently has over 15 franchise locations in New Zealand and hopes to increase this number to 20 before the end of the year. Furthermore, Epiphany Café is currently eyeing eight (8) existing cafes in Australia to be converted into Epiphany Cafes. The company has also started to offer licenses to establishments who intend to offer Epiphany's signature iced drinks, specialty coffees and artisan donuts.
At the moment, the new management's intention is to bring the company current with OTC Markets and apply for a ticker symbol and name change. Further updates regarding strategic partnerships, acquisitions, and capital raises will be released in the near future.
Forward-Looking Statements Disclaimer:
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by the following words: "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "ongoing," "plan," "potential," "predict," "project," "should," "will," "would," or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. Forward-looking statements are not a guarantee of future performance or results and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time the statements are made and involve known and unknown risks, uncertainty and other factors that may cause our results, levels of activity, performance or achievements to be materially different from the information expressed or implied by the forward-looking statements in this press release. This press release should be considered in light of all filings of the Company that are contained in the Edgar Archives of the Securities and Exchange Commission at www.sec.gov.
Company Name: Smokefree Innotec, Inc.
Name: Hatadi Shapiro Supaat
Position: CIO
Phone: +63 977 823 8888
Email: eco2world@gmail.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/68506
