FRANCHISE HOLDINGS INTERNATIONAL Marks Completion
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Posted On: 07/16/2018 8:11:26 AM
FRANCHISE HOLDINGS INTERNATIONAL Marks Completion of Final Requirements for Dual Listing on the CSE and Up Listing to the OTCQB
Toronto, Ontario, Canada, July 16, 2018 (GLOBE NEWSWIRE) -- Franchise Holdings International, Inc.(FNHI) , the parent company of Worksport LTD Inc., an innovative manufacturer of high quality, functional, and aggressively priced tonneau / truck bed covers for the light truck market, has released its Q1 2018 10Q. FNHI has been troubled with delays in reporting required financials since early 2017. The company has learned and evolved and is finally on-track to maintain required reporting standards to finalize its initiated CSE cross listing, as well as gain trading status on the OTC:QB markets.
On Independence Day, July 4th, the company finally shed its `delinquent` status by filing its quarterly review for the period ending March 31st, 2018. This now leaves the company ample time to complete its quarterly review for the period ending July 30th, 2018.
As well as relisting on the OTC:QB the company expects to begin to explore opportunities to meet listing requirements on the OTC:QX markets, as well as resume working with GunPowder Capital to finalize its listing on the CSE. GunPowder Capital has committed to support FNHI in multiple areas for a period of 18 months after listing on the CSE. The company expects to be listed on the CSE within 2018 and has set an ambitious goal to list during Q3, 2018.
“I am thrilled that we are finally in an enviable position, things will start to move rather rapidly for both FNHI and its subsidiary,” said FNHI CEO Steven Rossi. “`We are now current with filings and we will ensure we have no future delays in required financial reports. FNHI has a world-class team working with us on every area of the business, that will continue to assist in building our business plan to reach revenue and earnings targets.”
Toronto, Ontario, Canada, July 16, 2018 (GLOBE NEWSWIRE) -- Franchise Holdings International, Inc.(FNHI) , the parent company of Worksport LTD Inc., an innovative manufacturer of high quality, functional, and aggressively priced tonneau / truck bed covers for the light truck market, has released its Q1 2018 10Q. FNHI has been troubled with delays in reporting required financials since early 2017. The company has learned and evolved and is finally on-track to maintain required reporting standards to finalize its initiated CSE cross listing, as well as gain trading status on the OTC:QB markets.
On Independence Day, July 4th, the company finally shed its `delinquent` status by filing its quarterly review for the period ending March 31st, 2018. This now leaves the company ample time to complete its quarterly review for the period ending July 30th, 2018.
As well as relisting on the OTC:QB the company expects to begin to explore opportunities to meet listing requirements on the OTC:QX markets, as well as resume working with GunPowder Capital to finalize its listing on the CSE. GunPowder Capital has committed to support FNHI in multiple areas for a period of 18 months after listing on the CSE. The company expects to be listed on the CSE within 2018 and has set an ambitious goal to list during Q3, 2018.
“I am thrilled that we are finally in an enviable position, things will start to move rather rapidly for both FNHI and its subsidiary,” said FNHI CEO Steven Rossi. “`We are now current with filings and we will ensure we have no future delays in required financial reports. FNHI has a world-class team working with us on every area of the business, that will continue to assist in building our business plan to reach revenue and earnings targets.”
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