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$SFIO Epiphany Cafe doubles NZ locations, eyes four new locations in MalaysiaPress Release | 06/06/2022
As the award-winning New Zealand cafe franchise makes inroads into Southeast Asia, parent company Starfleet Innotech shares additional progress on the global expansion of its F&B ecosystem.
NEW YORK, June 06, 2022 (GLOBE NEWSWIRE) -- Award-winning New Zealand cafe franchise Epiphany Cafe today announced it has more than doubled its domestic footprint since the beginning of the year. Leveraging this momentum, the business is now mobilizing into Malaysia, with plans for an expansion into the Philippines and the United States before year-end.
Epiphany Cafe is the flagship business in global investment holding company Starfleet Innotech, Inc. (OTC Pink: SFIO)’s F&B ecosystem. According to Chito Galvez, SFIO’s Divisional Manager for Franchising, Epiphany Cafe plays a leading role in the conglomerate’s global growth plans, establishing the group’s footprint in new markets and creating the scaffolding necessary to expand the other products and services in SFIO’s portfolio. These include New Zealand Manuka Honey (under the Epiphany Cafe brand) and instant coffee (under the Gorgeous Coffee brand), both slated to be available for purchase online in North America by July.
Galvez brings over 35 years of experience in franchise business development, retail site expansion, sales building, customer service, negotiations, and business relationship building to his role spearheading SFIO's franchising operations. Prior to joining SFIO, Galvez played crucial roles in the growth teams of F&B giants such as 7-11 and the Jollibee Group, with a career taking him across the Philippines, Indonesia, Thailand, Singapore, India, and New Zealand.
“At the beginning of the year, we mapped out a two-year roadmap for 200 new Epiphany Cafe locations across New Zealand, Australia, and Southeast Asia,” said SFIO CEO and Co-founder of Epiphany Cafe Jeths Lacson. “Under Chito’s leadership, we are making great progress in our regional expansion plans.” Epiphany Cafe more than doubled its footprint across New Zealand in the first half of 2022, growing from 30 locations to 65 franchised and licensed locations within the country. Following the completion of market research and feasibility studies, Epiphany Cafe has already secured trademarks and reserved flagship locations to enter the Malaysian market. Initial teams to manage these brick-and-mortar operations in Malaysia will be training in New Zealand next quarter.
Similar feasibility studies are now underway for an expansion into the Philippines.
As Epiphany Cafe continues to grow domestically and regionally, the SFIO group is setting the stage for an entrance into North America. “In addition to partnering with local distributors to sell our F&B products online, we’re actively exploring M&A opportunities with existing cafe and bakery businesses to bring our award-winning New Zealand brand to the United States,” said Lacson. “Our Chief Investments Officer Richard de Lima plays a central role in finding and shaping precisely these opportunities.”
CIO Richard de Lima is an asset manager and global corporate advisor, bringing over 30 years of experience in the capital markets to leading the conglomerate’s global partnership efforts. As an expert in business finance engineering, mergers & acquisitions, portfolio management, and strategic corporate investor relations, De Lima specializes in cross-border transactions in the lower middle market.
In addition to his experience working across Wall Street investment banking firms, he was the President and CEO of LeBevCo Holdings, a global F&B operation. Now leading SFIO’s partnership initiatives in the United States, he leverages his decades of experience and network-building among F&B distributors, manufacturers, and brick-and-mortar businesses to strike and structure the strategic deals necessary for an impactful debut for Epiphany Cafe.
“As we build momentum for Epiphany Cafe in New Zealand, Malaysia, and beyond, we continue to keep our sights trained on North America as our key market,” said Lacson. “We’re at an inflection point now in our growth journey—lining up strategic partners that share our vision. In the coming weeks, we’ll be sharing more news around our progress in that journey.”
For media enquiries, please contact:
Craymond Yeong, PR & Marketing Specialist
Starfleet Innotech, Inc.
Phone: (+64) 21 0833 2966
Email: info@sfio.co.nz
Twitter: @SFIO_Inc
Facebook: @starfleetinnotech
YouTube: SFIO
About Starfleet Innotech, Inc.
Starfleet Innotech, Inc. (OTC: SFIO) is a global investment holding company focused on innovation through disruptive collaborations across its three key industries: Food and Beverage (F&B), Real Estate, and Technology. With a strong presence across New Zealand, Australia, Malaysia, the United Arab Emirates, the United States, and the Philippines, SFIO makes strategic investments in high-growth businesses, building synergies across its diverse portfolio to provide maximum shareholder value. Guided by tradition, driven by innovation, and enabled by collaboration—SFIO is on a hyper-growth path to build a thriving global business ecosystem, shaping the futures of its core industries.
FORWARD LOOKING STATEMENTS
The statements contained herein may contain certain forward-looking statements relating to Starfleet Innotech, Inc. “Starfleet” that are based on the beliefs of Starfleet as well as assumptions made by and information currently available to Starfleet’s management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to Starfleet’s business prospects, future developments, trends and conditions in the industry and geographical markets in which Starfleet operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, capital expenditures, overall market trends, risk management and exchange rates.
When used herein, the words “anticipate”, “believe”, “could”, “estimate”, “expect”, “going forward”, “intend”, “may”, “ought to”, “plan”, “project”, “seek”, “should”, “will”, “would” and similar expressions, as they relate to Starfleet or Starfleet’s management, are intended to identify forward-looking statements. These forward-looking statements reflect the Starfleet’s views at the time such statements were made with respect to future events and are not a guarantee of future performance or developments. You are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from information contained in the forward-looking statements as a result of a number of factors, including any changes in the laws, rules and regulations relating to any aspects of Starfleet’s business operations, general economic, market and business conditions, including capital market developments, changes or volatility in interest rates, foreign exchange rates, equity prices or other rates or prices, the actions and developments of the Starfleet’s competitors and the effects of competition in the food manufacturer and service sector, technology applications and components, and real estate development. Sales and property management on the demand for, and price of, Starfleet’s products and services, various business opportunities that Starfleet may or may not pursue, changes in population growth and other demographic trends, including mortality, pandemics, morbidity and longevity rates, persistency levels, Starfleet’s ability to identify, measure, monitor and control risks in Starfleet’s business, including its ability to manage and adapt its overall risk profile and risk management practices, its ability to properly price its products and services, including property development capital expenditures and establish reserves for future policy benefits and claims, seasonal fluctuations and factors beyond the Starfleet’s control. Subject to the requirements of the Listing Rules, Starfleet does not intend to update or otherwise revise such forward-looking statements, whether as a result of new information, future events or otherwise. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way Starfleet expects, or at all. Accordingly, you should not place reliance on any forward-looking information or statements. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.
I always get a kick out this…every time SFIO releases news as to how good things are coming about, the following day, stock goes DOWN. They might as well keep silent and keep the good news to themselves.
what was that Servebank dudes name? Happat Shakurr? Tupac what ???
I think he had plenty and since he removed himself he could do whatever he wanted. Servebank in my opinion was the crooked one and I believe the took advantage of our owners.
Yep that's why smart money got out on last pop.
OF COURSE Its been nonstop dumping every day for months. SFIO still hasn't announced an auditor considering the company waves on Twitter $25M in 2021, projecting $100M by years end and all sorts wild real estate projects. SOMETHING IS WRONG WITH THIS PICTURE.
Jmo
Yep, don't care what anyone says about dilution or what. That pump in April was a last ditch effort to run it and after that it's been non stop dumping by someone who had a ton
Well the offering letter should have told us all that this was eminent. It is what it is until the selling stops and the full year financial shows a full return but even then with 1.6 billion shares out your valuation woul have to be somewhat large to make the pps rise substantially...its a long term hold.
I don't give a rat's ass what anyone says, someone who got millions of shares from the boys is selling every day and that's why SP is slowly going down
Problem with SFIO lacks creditability. JMO
I wish I woulda sold out on that mini pump to 5 cents back in April.
Funny thing is how this Group of guys from New Zealand can Sell people their own ego's back to them through high priced shares, with just a few photos and social media. There is no tangible value here. No Patent, No IP, No Innovation, No Brand value. Just Ego's that have already pushed the value here to unachievable level if Capital Firm would buy outright. Market Cap should be sub $10million and probably $2 to $5ish. Should be able to buy this at $.002 soon. No real upside value in Milk Toast!!!
Got it. Most stocks are that way. Nothing is permanent. Hopefully some change around the corner when this Administration is gone. GLTU on any of your investments.
I realize that , my point was the ticker is acting just like the Smokefree days!
His price points have been all over the board since he claims he 1st got out over a year. Although At least on ihub We know a certain person has really only had an opinion or following of one other stock... Kind of hard to tell a person's Stock picking ability based on on that few opinions. But as I stated before, Lots of people can claim they got out of stocks at the highest price.
One of my many multi baggers from 2000-01 was AAB?. I got in around 3 cents and pulled out pretty close to the 1st downslide which was around low 20 cent range. I went back in in around 11 cents and sold out and a little over 50 back when it reached its highest point. Does that make me a super investor, NO, I just watched the trades and the trends and pulled out when I thought was best, Although I'm sure some of that was just dumb luck. Pulled out pretty close to the top On many stocks that year. But as I also said not too long ago, during the kovid binge, A trained monkey with a keyboard could probably have hit that status at least a couple times.
I can't speak for everybody, but for me this is a speculative stock that I'm playing as a long term hunch. If any of you have been investing long enough to live through theDot com crash, You will know that many aspects of those days are extremely similare to the OTC crash now.
I got into one of these upstart Internet companies at around $12 at the end of 2000. At the lowest point of the crash it was trading for around 3.80. Although lots of people told me I was crazy and it's easy that this would probably fail like a lot of the other Internet companies, I continue to trade from from $7 As it was going down, Bought a lot in the low fours, And was still buying when it got up to $7 when it started to recover. Sold most of it in 2004 at $24 a share. Average was in the low fours. A 6 bagger in 3 years back then was a really good Record. I had a couple other good runners besides...EBAY, Back in those days..... But they were all companies that I thought had value, Were undervalued, Great year over year growth figures, And whose management understood the necessity it is to continue to grow and expand.
S FIO is ultimately a fairly small percentage of my portfolio.... But so was eBay..... Until I sold it outperforming every index funds by many hundreds of percent.
Either have faith in this company and buy the dips... Or move on to something else. Everything else just looks.... Desperate.
No it isn't. Ticker is the same but by far nothing else is the same. Read the intro to this $SFIO on here and then you will see it is a completely different Company, with nothing to do with the original. They have nothing in common except (SFIO) ticker. That's it. $SFIO
Breaking News
As the award-winning New Zealand cafe franchise makes inroads into Southeast Asia, parent company Starfleet Innotech shares additional progress on the global expansion of its F&B ecosystem.
NEW YORK, June 06, 2022 (GLOBE NEWSWIRE) -- Award-winning New Zealand cafe franchise Epiphany Cafe today announced it has more than doubled its domestic footprint since the beginning of the year. Leveraging this momentum, the business is now mobilizing into Malaysia, with plans for an expansion into the Philippines and the United States before year-end.
Epiphany Cafe is the flagship business in global investment holding company Starfleet Innotech, Inc. (OTC Pink: SFIO)’s F&B ecosystem. According to Chito Galvez, SFIO’s Divisional Manager for Franchising, Epiphany Cafe plays a leading role in the conglomerate’s global growth plans, establishing the group’s footprint in new markets and creating the scaffolding necessary to expand the other products and services in SFIO’s portfolio. These include New Zealand Manuka Honey (under the Epiphany Cafe brand) and instant coffee (under the Gorgeous Coffee brand), both slated to be available for purchase online in North America by July.
Galvez brings over 35 years of experience in franchise business development, retail site expansion, sales building, customer service, negotiations, and business relationship building to his role spearheading SFIO's franchising operations. Prior to joining SFIO, Galvez played crucial roles in the growth teams of F&B giants such as 7-11 and the Jollibee Group, with a career taking him across the Philippines, Indonesia, Thailand, Singapore, India, and New Zealand.
“At the beginning of the year, we mapped out a two-year roadmap for 200 new Epiphany Cafe locations across New Zealand, Australia, and Southeast Asia,” said SFIO CEO and Co-founder of Epiphany Cafe Jeths Lacson. “Under Chito’s leadership, we are making great progress in our regional expansion plans.” Epiphany Cafe more than doubled its footprint across New Zealand in the first half of 2022, growing from 30 locations to 65 franchised and licensed locations within the country. Following the completion of market research and feasibility studies, Epiphany Cafe has already secured trademarks and reserved flagship locations to enter the Malaysian market. Initial teams to manage these brick-and-mortar operations in Malaysia will be training in New Zealand next quarter.
Similar feasibility studies are now underway for an expansion into the Philippines.
As Epiphany Cafe continues to grow domestically and regionally, the SFIO group is setting the stage for an entrance into North America. “In addition to partnering with local distributors to sell our F&B products online, we’re actively exploring M&A opportunities with existing cafe and bakery businesses to bring our award-winning New Zealand brand to the United States,” said Lacson. “Our Chief Investments Officer Richard de Lima plays a central role in finding and shaping precisely these opportunities.”
CIO Richard de Lima is an asset manager and global corporate advisor, bringing over 30 years of experience in the capital markets to leading the conglomerate’s global partnership efforts. As an expert in business finance engineering, mergers & acquisitions, portfolio management, and strategic corporate investor relations, De Lima specializes in cross-border transactions in the lower middle market.
In addition to his experience working across Wall Street investment banking firms, he was the President and CEO of LeBevCo Holdings, a global F&B operation. Now leading SFIO’s partnership initiatives in the United States, he leverages his decades of experience and network-building among F&B distributors, manufacturers, and brick-and-mortar businesses to strike and structure the strategic deals necessary for an impactful debut for Epiphany Cafe.
“As we build momentum for Epiphany Cafe in New Zealand, Malaysia, and beyond, we continue to keep our sights trained on North America as our key market,” said Lacson. “We’re at an inflection point now in our growth journey—lining up strategic partners that share our vision. In the coming weeks, we’ll be sharing more news around our progress in that journey.”
For media enquiries, please contact:
Craymond Yeong, PR & Marketing Specialist
Starfleet Innotech, Inc.
Phone: (+64) 21 0833 2966
Email: info@sfio.co.nz
Twitter: @SFIO_Inc
Facebook: @starfleetinnotech
YouTube: SFIO
About Starfleet Innotech, Inc.
Starfleet Innotech, Inc. (OTC: SFIO) is a global investment holding company focused on innovation through disruptive collaborations across its three key industries: Food and Beverage (F&B), Real Estate, and Technology. With a strong presence across New Zealand, Australia, Malaysia, the United Arab Emirates, the United States, and the Philippines, SFIO makes strategic investments in high-growth businesses, building synergies across its diverse portfolio to provide maximum shareholder value. Guided by tradition, driven by innovation, and enabled by collaboration—SFIO is on a hyper-growth path to build a thriving global business ecosystem, shaping the futures of its core industries.
FORWARD LOOKING STATEMENTS
The statements contained herein may contain certain forward-looking statements relating to Starfleet Innotech, Inc. “Starfleet” that are based on the beliefs of Starfleet as well as assumptions made by and information currently available to Starfleet’s management. These forward-looking statements are, by their nature, subject to significant risks and uncertainties. These forward-looking statements include, without limitation, statements relating to Starfleet’s business prospects, future developments, trends and conditions in the industry and geographical markets in which Starfleet operates, its strategies, plans, objectives and goals, its ability to control costs, statements relating to prices, volumes, operations, margins, capital expenditures, overall market trends, risk management and exchange rates.
When used herein, the words “anticipate”, “believe”, “could”, “estimate”, “expect”, “going forward”, “intend”, “may”, “ought to”, “plan”, “project”, “seek”, “should”, “will”, “would” and similar expressions, as they relate to Starfleet or Starfleet’s management, are intended to identify forward-looking statements. These forward-looking statements reflect the Starfleet’s views at the time such statements were made with respect to future events and are not a guarantee of future performance or developments. You are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. Actual results and events may differ materially from information contained in the forward-looking statements as a result of a number of factors, including any changes in the laws, rules and regulations relating to any aspects of Starfleet’s business operations, general economic, market and business conditions, including capital market developments, changes or volatility in interest rates, foreign exchange rates, equity prices or other rates or prices, the actions and developments of the Starfleet’s competitors and the effects of competition in the food manufacturer and service sector, technology applications and components, and real estate development. Sales and property management on the demand for, and price of, Starfleet’s products and services, various business opportunities that Starfleet may or may not pursue, changes in population growth and other demographic trends, including mortality, pandemics, morbidity and longevity rates, persistency levels, Starfleet’s ability to identify, measure, monitor and control risks in Starfleet’s business, including its ability to manage and adapt its overall risk profile and risk management practices, its ability to properly price its products and services, including property development capital expenditures and establish reserves for future policy benefits and claims, seasonal fluctuations and factors beyond the Starfleet’s control. Subject to the requirements of the Listing Rules, Starfleet does not intend to update or otherwise revise such forward-looking statements, whether as a result of new information, future events or otherwise. As a result of these and other risks, uncertainties and assumptions, forward-looking events and circumstances discussed herein might not occur in the way Starfleet expects, or at all. Accordingly, you should not place reliance on any forward-looking information or statements. All forward-looking statements herein are qualified by reference to the cautionary statements set forth in this section.
?
https://finance.yahoo.com/news/epiphany-cafe-doubles-n-locations-132500321.html
If you need to know what Freeze Technology is or any other thing about the Co, Jeth and Co. would be happy to explain it to you. Give him a call or message him for more info on $SFIO.
In a time of so much DOUBT.
To restore man's Faith.
The world needs an Epiphany.
Wow this is amazing! How in the World did you know the Timing?
It's only guesses and luck and not from experience to predict the price PPS. I could guess out of 1000 different stocks the PPS for a certain date and get at least 200 right.
"A stopped clock is right twice a day" is an idiom that means that no person is ever wrong about everything 100% of the time. A stopped clock is pretty useless in most cases, but despite that, it will be right twice a day: the time it stopped, in 12 hour increments.
And No, I won't guess at what price $SFIO will be in the future. Nobody can and get it right, except by pure luck.
$SFIO
Sorry if I offended you and your friend. Won't happen again. Plus the markets are loosing all across the this corrupt World. Do not lecture me on what is right and what is wrong.
Regardless of your feelings on kbaz and his lack of substance backing his claims his price points have been more accurate then anyone else's. A year of soon and waiting for the next unicorn to moon this has destroyed investor confidence, not random ppl on stock boards. The fabled massive pr campaign that just had to wait until after name change was just a bunch of regurgitated shit haphazardly tossed out. They missed their chance to push this with waiting and poor decisions. Pretty good chance this will continue down past 52 week low even as ppl continue to say they're loading the dip. With the way otc is right now this won't move in a continuous positive direction for atleast a year, especially when it takes 300 days to trade the float.
According to the content of post # 87861, First, the content is unproven opinions and not facts.
Proof that the content of the post is not fact, is that a statement in the content of the post which ask the question, "What is freeze Technology anyway?
If you need to know what Freeze Technology is or any other thing about the Co, Jeth and Co. would be happy to explain it to you. Give him a call or message him for more info on $SFIO.
$SFIO
Yea it’s a crappy reminder but at least I can sell , no more DTC Chill . Hoping for a hail Mary!
Nope! Not the same!
I had SFIO for 12 years as well, it shot up to 10+ pennies and that's when I unloaded, it feels so good! You missed your opportunity
I totally feel you, that 12 years bag holding was terrible, I even drove 700 miles to NV to check their office (the previous smokefree, not the current one), turned out a mailbox at the front desk in a building, I even took several pics and posted in the yahoo fin conversation 12 years ago
Buy at/under 2 cents and sell above 3 pennies, you might get your loss back
Good luck!
CAS
I held this for over 10 years , just accepted the loss.
Many of us have warned you that this is now a long term investment. It probably won't move significantly until next quarter or the 1st epiphany cafes in Canada or US. The same 2 choices still exist for you..... Either you believe in the company and double down on dips like this...... Or pull the plug and move on to something you're more interested in or sure of.
I guess there is a 3rd option, You can be like "some" investors in some of the stocks out there that just hanging around And lament why it's not doing what you want....Incessently
13 years later same ticker, same old story!
It will if they (MM) keep lowering the ask
Might add more, but it looks like we'll see .01 range soon.
Not many sells today - maybe that person is done - I was curious so I sent them a tweet asking about what shares were restricted - they answered none of partners have unrestricted shares - than I asked again about people other than partners and they said "NONE OTHER THAN WHAT WE DISCLOSED - so I would assume that there are shares out there that are not restricted - thoughts?
$SFIO on
SFIO Star Fleet Innotech @SFIO_Inc on our grand entrance Billboard @ExploringBlock @IPOMarketcom interview Dates and Times T.B.A. pic.twitter.com/9jNlZLsGBb
— New to The Street (@NewToTheStreet) June 1, 2022
You are very welcome. Also, I think it is amazing of how much more you know about the company ($SFIO) than the Co-founders and The Brass do themselves. They post the truth and you post false non-factual and misleading information that has nothing to do with this company $SFIO. I can contact Jeths and have him contact you and he can give you more truthful and informative information just to help you with proven company facts. If you want I can give you Jeths contact information and $SFIO Website. Jeths can clear up your misunderstanding of the company's activities.
$SFIO
....... has no one touched this stock in the first 40 min? Looks like there is very little interest in SFIO lately.
I cant plus one this post but I LOVE IT AND ITS SPOT ON
Thanks, Yeah rather than try to promote this at $.06 I also continued to let folks know that this Market Cap is Too Fat for current Risk Reward. Will likely get below $.01 over the next few months as same old fluff faux-excitement wains. They will continue churning and offering until more get stuck. Carefully played could be a sweet little low volume flipper for beer money. Not many hitting ask though.
For YOU 2 unload?, I'm sure it was absolutely the best option for you. The question is why are you still here? There is no share selling.... But if you would like to Save a bunch of investors, I could make a list of about 20 prominent OTC stocks that continued to dilute on a regular basis.
Is as far as selling at the high, You basically sold when S FIO Hit a spike that corresponded to a ton of other companies that did the same thing around the same time because of the Stay-at-home armchair covid investor , stimulus money OTC binge. I Hit 8 Of those overvalued runs starting at the beginning of covid myself. ..... But here's the thing, A trained monkey with a keyboard probably could have Is Been lucky on at least a couple. What other stocks during that time did you sell at the high?
Like most of the other OTC Reverse mergersThat werent complete until after April of last year, all of these Are now long term investments. If you don't believe in their company structure or future then by all Means don't invest, But don't pretend like you're trying to save anybody. Everybody here knows the risks and are willing to take the gamble.
Hanging around a stock you don't own anymore is kinda like the guy that keeps stalking the girl that dumped him and hasn't moved on, But it is trying to make everybody else think she's bad so They won't try and date her.
Wow, you did excellent. Thanks for sharing that.
Was it Right to unload entire lot at $.137 avg. when discovered this was a pumped up share selling scheme?
Wow tons of positive ultra bullish news. Why the selling?
Jmo
Picked up another 200k.
I think the troll grew up writing chain letters
with no reply.
Has he been right about anything?
No.
It's all about facts and reliable truth and nothing to do with false and misleading information.
$SFIO
More than just frozen Donuts. Read List of companies in this (Just Frozen Donut CO>)
1. Epiphany Cafe, 30+ stores and growing.
2. Gorgeous Coffee Co.
3. Ardent Bakers.
4. Big Lou's Donuts.
5. AG Architect.
6. A+ Electrical.
7. Leentech Network solutions.
8. DHQ Digital Marketing.
9. The Global Academy NZ.
10. Web Worx.
11. Livewire 365.
12. +
Total employees: 317 and growing as the Company Grows.
Seems a bit more than a frozen Donut?
$SFIO
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