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Posted On: 02/17/2020 1:32:52 PM
Post# of 106606
$FNHI Recent News recap: Amazon Distribution, 3 Patents in 2019, 43m FLOAT! Press Release 02/12/2020
Worksport Brand of Truck Bed Tonneau Covers to be Distributed by Amazon.
In a year of multiple leaps forward for Worksport in intellectual property, access to Amazon marketplace is expected to be major development.
https://www.otcmarkets.com/stock/FNHI/news/Wo...?id=253671
TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) -- Franchise Holdings International Inc., (OTCQB: FNHI) (or the “Company”) Worksport Ltd.’s parent company, expects to soon begin distribution of Worksport tonneau covers for the light truck market through the Amazon.com, Inc. Marketplace.
“In a ear of major developments, such as three new granted U.S. patents in 2019, the new relationship with Amazon, a $282 billion company, is expected to start 2020 with another giant leap forward,” said Worksport and FNHI CEO Steve Rossi. “For Worksport to distribute our products in the U.S., our principal market, with one of the world’s greatest companies, is something about which we are incredibly proud and excited.”
Rossi believes the Amazon relationship will be a key driver in Worksport’s revenue growth and brand recognition in coming 12-24 months. Amazon ships an average of 608 million packages each year, which equates to (an estimated) 1,600,000 packages a day. “As any observer would realize, access to this channel is expected to mean a great deal to FHNI and Worksport,” Rossi said. “In a year in which importantly protected our valuable intellectual property, this development is like the icing on the cake, almost beyond our wildest imagination.”
Market Cap 7,543,223 02/14/2020
Authorized Shares 300,000,000 02/14/2020
Outstanding Shares 43,907,003 02/14/2020
Float 25,397,681 06/12/2019
Great recent News over last few months at https://www.otcmarkets.com/stock/FNHI/news
Great looking reversal Year Chart. Big volume on news. PPS .17 with High of year .3. Could easily continue.
Worksport Brand of Truck Bed Tonneau Covers to be Distributed by Amazon.
In a year of multiple leaps forward for Worksport in intellectual property, access to Amazon marketplace is expected to be major development.
https://www.otcmarkets.com/stock/FNHI/news/Wo...?id=253671
TORONTO, Feb. 12, 2020 (GLOBE NEWSWIRE) -- Franchise Holdings International Inc., (OTCQB: FNHI) (or the “Company”) Worksport Ltd.’s parent company, expects to soon begin distribution of Worksport tonneau covers for the light truck market through the Amazon.com, Inc. Marketplace.
“In a ear of major developments, such as three new granted U.S. patents in 2019, the new relationship with Amazon, a $282 billion company, is expected to start 2020 with another giant leap forward,” said Worksport and FNHI CEO Steve Rossi. “For Worksport to distribute our products in the U.S., our principal market, with one of the world’s greatest companies, is something about which we are incredibly proud and excited.”
Rossi believes the Amazon relationship will be a key driver in Worksport’s revenue growth and brand recognition in coming 12-24 months. Amazon ships an average of 608 million packages each year, which equates to (an estimated) 1,600,000 packages a day. “As any observer would realize, access to this channel is expected to mean a great deal to FHNI and Worksport,” Rossi said. “In a year in which importantly protected our valuable intellectual property, this development is like the icing on the cake, almost beyond our wildest imagination.”
Market Cap 7,543,223 02/14/2020
Authorized Shares 300,000,000 02/14/2020
Outstanding Shares 43,907,003 02/14/2020
Float 25,397,681 06/12/2019
Great recent News over last few months at https://www.otcmarkets.com/stock/FNHI/news
Great looking reversal Year Chart. Big volume on news. PPS .17 with High of year .3. Could easily continue.
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Anything I write is pure gibberish...perhaps thought provoking and fun...but investment advice??? I don't think so.
