Worksport Ltd (WKSP)

[TradeSmart.ai]

ADDITIONAL $FNHI DD FROM OUR TEAM!!!

Franchise Holdings International Announces New Officer and Corporate Update

Truxmart LTD Inc. (OTCQB: FNHI), a wholly owned subsidiary of Franchise Holdings International, Inc., is announcing three key developments that are designed to help execute its strategic growth plan aimed at market leadership in tonneau covers for the light truck market.

As a first development, Truxmart has appointed Michael Johnston as Interim CFO. Mr. Johnston CA, CPA, a graduate of the University of Western Ontario, is a partner at Toronto's Forbes Andersen LLP, Chartered Professional Accountants, and offers over 12 years of experience with both private and public companies.

"Michael Johnston is the second high quality director to join our board recently," commented Steve Rossi, Truxmart president. "We previously announced the addition of Paul Haber, CA, the CFO of Gunpowder Capital, and now Michael Johnston will provide his expertise to us as well. These two appointments reflect Truxmart's need for expert advice as it enters global markets with its innovative tonneau covers."

In addition, Franchise Holdings International, Inc. (FNHI) has filed its preliminary non-offering prospectus with Ontario Securities Exchange Commission (OSC). The filing is required in order for FNHI to qualify in becoming a reporting issuer on the Canadian Securities Exchange (CSE).

The OSC has been designated as FNHI's principal regulator, and it is anticipated that the review of the preliminary non-offering prospectus will take approx. 10 - 20 business days.

"Once we obtain a CSE listing, we plan to raise capital hoping to grow Truxmart's revenues to our $50,000,000 target," Rossi said.

Truxmart will also be resuming development of the new Alpha and Alpha Helios tonneau cover. The Helios cover, capable of producing up to 400 watts of electrical current through three-four solar panels, will be designed to work with the electric and electric hybrid light duty trucks, now creating a presence in the market. These trucks feature Li-ion battery packs coupled to an internal combustion generator delivering 80 miles of all-electric driving and extended range with hybrid efficiency. Patented and ready for final development, the Helios cover will open the way for Truxmart to work with these manufacturers who will be a growing factor in the marketplace within one-two years.

"Truxmart is entering a more rapid phase in its growth and development," said Rossi. "With new directors providing expert counsel, an expected CSE listing and products expected to provide an entry to the important electric and electric hybrid light truck sector, we believe we will be able to capitalize on more and more opportunities globally."
http://www.otcmarkets.com/stock/FNHI/news/Franchise-Holdings-International-Announces-New-Officer-and-Corporate-Update?id=146578&b=y


mean weimeraner Member Level Friday, 02/17/17 01:43:45 PM
Re: John Kent post# 1120
Post # of 1254

FNHI holds the patent to use solar panel/ solar film tunnea covers as one of a hybrid trucks eco power sources.

GMC is ahead of the pack and has been doing small sales tests over past few years. Only made 700 of them last year.

Ford & Toyota partnered for one to compete but Ford deciding to go there own way and made off with toyotas blue prints. Ford recently said they will have a hybrid/ electric truck on the market by 2020.

Ford also recently said they plan on "Investing over $3billion for the DEVELOPMENT of hybrid Ford models over the next few years"

They are not the only ones. Whether or not it's practical it WILL be tested and best believe they will be paying for that !!!!



Files non offering prospectus for CSE listing

Franchise Holdings International, Inc. (FNHI) has filed its preliminary non-offering prospectus with Ontario Securities Exchange Commission (OSC). The filing is required in order for FNHI to qualify in becoming a reporting issuer on the Canadian Securities Exchange (CSE).

The OSC has been designated as FNHI's principal regulator, and it is anticipated that the review of the preliminary non-offering prospectus will take approx. 10 - 20 business days.

"Once we obtain a CSE listing, we plan to raise capital hoping to grow Truxmart's revenues to our $50,000,000 target," Rossi said.

Truxmart will also be resuming development of the new Alpha and Alpha Helios tonneau cover. The Helios cover, capable of producing up to 400 watts of electrical current through three-four solar panels, will be designed to work with the electric and electric hybrid light duty trucks, now creating a presence in the market. These trucks feature Li-ion battery packs coupled to an internal combustion generator delivering 80 miles of all-electric driving and extended range with hybrid efficiency. Patented and ready for final development, the Helios cover will open the way for Truxmart to work with these manufacturers who will be a growing factor in the marketplace within one-two years.

"Truxmart is entering a more rapid phase in its growth and development," said Rossi. "With new directors providing expert counsel, an expected CSE listing and products expected to provide an entry to the important electric and electric hybrid light truck sector, we believe we will be able to capitalize on more and more opportunities globally."

http://www.otcmarkets.com/stock/FNHI/news/Franchise-Holdings-International-Announces-New-Officer-and-Corporate-Update?id=146578&b=y


FNHI a wholly owned subsidiary, Truxmart Inc., has agreed to receive from Gunpowder inventory financing.


Truxmart manufactures and sells a full range of after-market pickup truck tonneau covers. Gunpowder has agreed to loan up to $500,000 ($50,000 immediately, $450,000 post CSE listing subject to certain terms and conditions) to fund inventory purchases, and to support growth. The loan will bear interest at 18% per annum with interest payable monthly. Each advance will be due two years from the date it is issued.

http://www.otcmarkets.com/stock/FNHI/news/Franchise-Holdings-International--Inc--Engages-Gunpowder-Capital-Corp-?id=136896&b=y

NO STOCK ISSUANCE

GunPowder is assisting them with up-listing to CSE so if CSE does not happen Gunpowder gets nothing Win Win for both.

Franchise Holdings International Achieves Blue Sky Compliance

Franchise Holdings International (FNHI) announced that it is Blue Sky compliant in 50 U.S. states, after the Blue Sky Monitoring Service completed a Company audit.

With Blue Sky compliance, the Company significantly expanded its investment universe, as many more broker-dealers can purchase and recommend its stock. â??Our goal is to build the company and to do that we must be more widely traded. Blue Sky compliance secures a much larger potential investor base. This is a significant milestone and a great start to our expansion plans,â? stated Steven Rossi, CEO of Franchise Holdings International.

U.S. Blue Sky laws protect investors from fraud as broker-dealers may not legally recommend, solicit or discuss non Blue Sky compliant securities with clients unless they comply with the investorâ??s state of residence Blue Sky regulations in addition to federal securities laws. Blue Sky compliance, mandatory for the 280,000+ U.S. registered investment advisors, enables them to more transparently advise, discuss, or recommend stocks to investor clients.

http://www.otcmarkets.com/stock/FNHI/news/Franchise-Holdings-International-Achieves-Blue-Sky-Compliance?id=133423&b=y

All trucks off the lot have option to add it & more often then not people do because what's a lil cover when your buying a $30-40k truck?

And last but not least the S/S:



And the perfect techs, need I say more???