Perk Labs Inc. Announces Appointment of Keith Roseland-Barnes to the Board of Directors and Issuance of U.S. Patent
VANCOUVER, BC / ACCESSWIRE / December 13, 2023 / Perk Labs Inc. (CSE:PERK)(OTC PINK:PKLBF)(FKT:PKLB) ("Perk" or the "Company"), today announced the appointment of Keith Roseland-Barnes to the Perk Board of Directors.

"We are pleased to welcome Keith Roseland-Barnes to the Perk Board", said Ryan Hardy, CEO of Perk Labs. "Keith brings a wealth of experience in technology leadership and software sales, with an outstanding record of consistently exceeding revenue targets in his more than 20 years of experience in technology sales and leadership."

Mr. Roseland-Barnes is the Chief Revenue Officer of Unravel Data, a market-leading data analytics and AI observability platform company, which helps teams turn complex data into actionable insights. "I am excited to be joining Perk's Board. Perk offers a very innovative and compelling mobile ordering and payment solution which allows venues and retailers to significantly enhance their customers' experience." said Mr. Roseland-Barnes. "I look forward to leveraging my experience to contribute to Perk's continued success and growth".

Issuance of U.S. Patent
The Company is also pleased to announce the issuance of its United States patent that protects the Company's rights to one of its inventions for systems and methods for electronic payments with fraud prevention, based on correlating transaction data and information from a user's device.

"We are pleased to enhance our intellectual property protection with this new patent issuance," said Ryan Hardy, CEO, Perk Labs. "The grant of this patent symbolizes the underlying capabilities of Perk as an innovative technology disruptor."

About Perk Labs Inc.
Perk Labs Inc., (CSE:PERK)(OTC PINK:PKLBF)(FKT:PKLB), the owner of Getit Technologies Inc. and Perk Hero Software Inc. ("Perk Labs"), provides innovative mobile ordering and payment systems, allowing customers the ability to scan a QR code or NFC sticker to order and pay for their purchases directly from their phone. Perk Labs specializes in providing a single unified payment interface for complex purchase environments - environments that have multiple retailers processing an array of different transactions, including food and beverage purchases, merchandise sales, ticketing, registrations, donations and even parking. Perk Labs provides a custom-branded solution that is ideal for multi-retailer venues such as stadiums and arenas, university and college campuses, conference centers, festivals, charity events and hotels and resorts.

For more information, contact:
Ryan Hardy
CEO
(833) 338-0299

CSE: EPW | OTC: EPWCF |
EMPOWER CLINICS SIGNS MULTI-YEAR CLINICAL TRIAL CONTRACT WITH TOP 10 GLOBAL PHARMACEUTICAL COMPANY AND GENERATES FIRST REVENUES AS PATIENT RECRUITMENT COMMENCES

Multi-Year Contract With Top 10 Global Pharma Company Officially Launches Empower Clinics Pivot Into Global Pharmaceutical Clinical Trials. Multiple Active Trial Applications Anticipated Leading To Additional Big Pharma Due Diligence, Site Visits And Awards.


VANCOUVER, B.C. – November 30, 2023 – Empower Clinics Inc. (CSE: EPW OTC PINK: EPWCF) ("Empower" or the "Company") a prominent integrated healthcare company with a burgeoning focus on research and clinical trials for major pharmaceutical firms, is proud to announce a pivotal advancement. EPW Curesearch LLC (“EPWC”), a division of Empower, has executed a multi-year agreement with a top 10 global pharmaceutical company (“T10GPC”). This collaboration will concentrate on conducting critical clinical trials in the field of Chronic Obstructive Pulmonary Disease (“COPD Trials”) and has already resulted in generating initial revenues for the following key contract terms:
Up Front Administration Fees
Start Up Costs
Processing And General Administrative Fees,
Site Set Up Costs
Operational Training Fees For Site Staff
Pre-Screening & Recruitment Fees
Pharmacy Set Up Fee
These fees signify the commencement of the clinical and commercial relationship between Empower and the T10GPC.

LANDMARK CONTRACT MARKS EMPOWER CLINICS ENTRY INTO GLOBAL PHARMACEUTICAL RESEARCH AND DEVELOPMENT
Steven McAuley, Chairman & CEO of Empower Clinics Inc. stated "This contract with one of the world’s leading pharmaceutical companies is a major milestone that marks Empower’s successful pivot from regional clinics to clinical trials on a global scale on behalf of all our shareholders. Suffice it to say this was a task of epic proportions that would not have been possible without our incredible team at EPW Curesearch - but now that we have arrived and have become a known entity in this massive global clinical trials market, we anticipate further such successes in the near future on our way to building a trusted and significant site management organisation.”

This landmark contract positions Empower Clinics at the forefront of respiratory health research, marking a pivotal moment in the company's expansion into pharmaceutical research and development. The agreement entails comprehensive clinical trials aimed at investigating new treatments for COPD, a progressive lung disease affecting millions worldwide and significantly impacting their quality of life.

CLINICAL TRIAL PATIENT ENROLLMENT METRICS AND ECONOMICS
The contract involves Phase III human trials, which will be meticulously conducted under the guidance of leading medical experts and researchers. Empower Clinics' state-of-the-art facilities and experienced team are well-equipped to undertake this significant research, ensuring the highest standards of scientific inquiry and patient safety.

This COPD trial is being led by one of our senior and most experienced principal investigators (PI)’s. Together, the Company, our PI and the T10GPC have established preliminary patient recruitment targets of 20-35 patients sourced mainly from the current roster of patients. The recruitment window is anticipated to remain open through mid 2024 with possible extensions allowed, and each patient’s involvement lasting fifty-two (52) weeks plus an additional twenty (20) weeks of follow up.

The T10GPC has put no limits on the maximum allowable patients for our site for the trial, which enables EPWC to recruit additional patients from outside sources such as other medical centers, hospitals and social recruitment channels including Facebook, Instagram, Twitter and other marketing methods.

Total fees under this COPD Trial agreement are expected to be on the upper end of initial expectations. Overall, the contract terms will allow the Company to bring important new revenue and cash flow.

Empower Clinics' advances into COPD research through this contract is expected to have a substantial impact on the company's growth and presence in the global healthcare market. It also reinforces the company's position as a leader in healthcare innovation and clinical research, further cementing its reputation as a company dedicated to improving patient care and outcomes.

EMPOWER CLINICS COMMITMENT TO CRITICAL HEALTHCARE AND IMPROVING PATIENT OUTCOMES
The collaboration with a top-tier global pharmaceutical entity underscores Empower Clinics' commitment to advancing medical research and providing cutting-edge healthcare solutions. The COPD study is expected to provide valuable insights into the treatment and management of the disease, potentially leading to breakthroughs in patient care.

Empower Clinics Inc., through its division EPW Curesearch LLC, has been consistently making strides in healthcare innovation. This new venture into COPD research highlights the company's dedication to addressing critical healthcare challenges and improving patient outcomes. COPD, characterized by increasing breathlessness, is a leading cause of morbidity and mortality worldwide, and the need for effective treatments has never been more urgent.

Steven McAuley added "Partnering with one of the world’s leading pharmaceutical companies for COPD research is not just an achievement for Empower Clinics but a beacon of hope for the millions of COPD patients globally whose lives could be dramatically improved through our research. We are fully committed to this cause, and our team is motivated by the potential to make a real difference in the world of respiratory healthcare”

As the clinical trials progress, Empower Clinics Inc. remains devoted to maintaining transparency and providing regular updates to stakeholders and the public. The company is confident that the outcomes of this research will contribute significantly to the body of knowledge in COPD treatment and set new benchmarks in respiratory healthcare.

Empower Clinics Inc. extends its gratitude to its partners, stakeholders, and dedicated team for their unwavering support and contributions towards making this project a reality. The company looks forward to a future where the findings from these clinical trials can be translated into effective treatments for COPD, improving the lives of patients around the globe.

For more information about Empower Clinics Inc., its divisions, and ongoing projects, please visit www.empowerclinics.com.

This press release is available on the Empower Clinics Verified Forum on AGORACOM for
shareholder discussion, questions and engagement with management
https://agoracom.com/ir/EmpowerClinics
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ABOUT EMPOWER:

Empower is a patient-focused healthcare company operating with the goal of positively impacting lives and future healthcare outcomes through clinical trials. The Company has launched two clinical research sites becoming a Site Management Organization (SMO) with six principal investigators (PI) with multiple clinical trials under application. Empower has announced its intention to create a proposed spinout with a focus on healthcare AI to support identification, recruitment, and onboarding of clinical trial patients.


ON BEHALF OF THE BOARD OF DIRECTORS:
Steven McAuley
Chief Executive Officer

CONTACTS:
Media:
Steven McAuley CEO s.mcauley@empowerclinics.com
+1 604-789-2146

Investors:
Tamara Mason
Business Development & Communications t.mason@empowerclinics.com
+1 416-671-5617

https://mailchi.mp/c3efa85e7e97/empower-clinics-announces-proposal-for-division-spin-out-17449601?e=622a09b28b

https://mailchi.mp/5e3aad76ecc0/empower-clinics-announces-proposal-for-division-spin-out-17448545?e=622a09b28b

VANCOUVER, B.C., CANADA, September 25, 2023 /EINPresswire.com/ -- EMPOWER CLINICS INC (CSE:EPW) (PINK:EPWCF) ("Empower" or the "Company") a healthcare company with a developing research and clinical trials division announces its subsidiary EPW Curesearch LLC (“EPWC”) has been awarded its first clinical trial from a major European pharmaceutical company with a market cap over $100 Billion, who are conducting numerous global clinical trials that are impacting future healthcare outcomes.

The Company previously announced on July 31, 2023 that it had numerous study applications underway covering a variety of disease states. The Company can confirm the awarded clinical trial is focused on Chronic Obstructive Pulmonary Disease (COPD), and is being led by one of our senior and most experienced principal investigators (PI)’s.

Together, the Company, our PI and the sponsor have established preliminary patient recruitment targets of 20-35 patients sourced mainly from the current roster of patients. The recruitment window is anticipated to remain open through mid 2024 with possible extensions allowed, and each patient’s involvement lasting fifty-two (52) weeks plus an additional twenty (20) weeks of follow up. The sponsor has put no limits on the maximum allowable patients per site for the trial that enables EPWC to recruit additional patients from outside sources such as other medical centers, hospitals and social recruitment channels including Facebook, Instagram, Twitter and other marketing methods.

“We are all ecstatic to receive our first awarded clinical trial, that is a result of consistent and persistent effort over the past number of months. Our focus on partnering with large established medical centers and very experienced medical doctors has proven successful.” stated Steven McAuley, Chairman & CEO. “We continue to process multiple trial applications on behalf of our six (6) current PI’s, and as such anticipate additional sponsor due diligence, site visits and awards.”

PARTNERSHIP WITH SPECIALIST MEDICAL GROUPS

PI’s are practicing medical doctors who are specialists or internists with previous research and clinical trials experience. As such, they are integral to the success of any Site Management Organization (SMO) as follows:

? SMO leverages the medical practice of the PI’s and their patient rosters to generate new participants in active clinical trials and research, which in turn commences meaningful revenues from the Biotech and Pharmaceutical industries.
? SMO will provide oversight, direction and support to the PI’s and their patients.
? SMO will also act as a liaison between the pharmaceutical company and the assigned Contract Research Organization (CRO).
? Target trials typically span one to two years in length and can be extended if the trial has not yet gathered enough data or has not been closed.

CEASE TRADE ORDER AND ACCOUNTING AND AUDIT STATUS

The Company previously announced a Cease Trade Order effective August 15th, 2023 which remains in effect. Various audit and accounting procedures continue, and numerous technical decisions are being contemplated that may provide areas of audit simplification based on outcomes and Board recommendations. The Company is not in a position at this time to provide a firm commitment on expected completion of filings and resumption of trading. The Company anticipates it will provide regular updates in the future.

THE MARKET OPPORTUNITY IS SIGNIFICANT

The CRO Services Market in terms of revenue was estimated to be worth $76.6 billion in 2023 and is poised to reach $127.3 billion by 2028, growing at a CAGR of 10.7% from 2023 to 2028 according to a new report by MarketsandMarkets. Factors such as continuously growing pharmaceutical, biotechnology and medical device R&D pipelines and technological advancements in the clinical trials process are driving the growth of this market. In recent years, the costs associated with drug and product development have increased significantly, driving pharma, biotech and medical device companies to look for partnerships to drive modernizations and smarter ways of conducting business.

This press release is available on the Empower Clinics Verified Forum on

where are you, no longer invested in PERK ?

https://ceo.ca/perk

0,50 -- 1,00 $ ???

https://ceo.ca/@accesswire/perk-labs-announces-completion-of-merger-with-getit,


by @accesswire on 2 Mar 2023, 08:31
Perk Labs Announces Completion of Merger with Getit

VANCOUVER, BC / ACCESSWIRE / March 2, 2023 / Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FKT:PKLB) ("Perk" or the "Company") and Getit Technologies Inc. ("Getit") are pleased to announce they have completed their previously announced merger to create a leading solutions company in digital ordering, loyalty, and last mile logistics. The acquisition was completed by way of a share exchange, pursuant to which the Company issued an equivalent value of $4.655M in common shares of the Company at a deemed price of $0.025 per share in exchange for all of the issued and outstanding shares of Getit.

Ryan Hardy, the CEO of Getit, who is now the new CEO of the Company, said, "The merger of Perk Labs and Getit is an exciting milestone for both companies. By bringing together our technologies and expertise, we will be able to accelerate the development of innovative delivery, digital ordering and loyalty solutions that help merchants engage and retain customers. I am thrilled to lead the combined company and work with our talented team to drive growth and create value for our customers and shareholders."

Jonathan Hoyles, former CEO of the Company who is now the Chief Legal Officer, said, "The closing of this merger represents an exciting new chapter for the Company. We are thrilled to join forces with Getit to create a stronger, more innovative company that is better positioned to capitalize on the growing demand for our products. The combination of Perk Hero and Getit's technology platforms will provide merchants with a powerful, easy-to-use solution that will help them build deeper relationships with their customers and grow their businesses."

As part of the merger, the Company will be changing its name and ticker symbol to reflect the combined entity. The new name and ticker symbol will be announced in a future press release, and the Company will provide additional information on the rebranding process and timing. The new name and ticker symbol will better reflect the Company's expanded product offerings, vision, and mission to provide innovative and integrated delivery, digital ordering and loyalty solutions to merchants and consumers. The Company is committed to ensuring a seamless transition for its customers, shareholders, and stakeholders, and will provide updates as they become available.

Concurrent with the closing of the merger, the Company entered into a lock-up agreement with the four largest shareholders of Getit (the "Lock-Up Agreement"). Pursuant to the Lock-Up Agreement, the four largest shareholders have agreed not to sell, assign or otherwise transfer the common shares of the Company received, other than pursuant to certain exceptions described in the Lock-Up Agreement. The lock-up period expires on February 28, 2024.

In connection with the merger, Steve Cadigan and James Topham have stepped down from the Board of Directors of the Company. The Company would like to thank Mr. Cadigan and Mr. Topham for their valuable contributions and wish them all the best in their future endeavors. Newly appointed to the Board of Directors of the Company are the co-founders of Getit, Ben Lacroix and Ryan Hardy, CEO of the Company. Patrick Power will assume the position of Audit Committee Chair, succeeding James Topham.

About Perk Labs Inc.

Perk Labs is the owner of Getit and Perk Hero, the company specializes in technology, logistics, and connecting communities. Our digital payments and loyalty software empowers merchants to optimize their business and customer journey. Our marketplace and driver network connects and supports their business with additional sales and flexible last mile delivery options.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information contact:

Ryan Hardy
CEO
Perk Labs Inc.
(833) 338-0299
investors@perklabs.io

https://pro.ceo.ca/@accesswire/empower-clinics-reports-q4-2022-results

by @accesswire on 28 Feb 2023, 23:00
Empower Clinics Reports Q4 2022 Results

46% year over year increase in gross profit margin and 7% Increase in Revenue

VANCOUVER, BC / ACCESSWIRE / February 28, 2023 / EMPOWER CLINICS INC (CSE:CBDT)(Frankfurt:8EC)(OTCQB:EPWCF) ("Empower" or the "Company") a life sciences healthcare company - serving patients through medical centers, a medical device company and the application of clinical studies that leverages it's high complexity medical diagnostics laboratory - announced today it has filed its Q4 2022 interim consolidated financial statements and related management's discussion & analysis, both of which are available at www.SEDAR.com. All financial information in this press release is reported in United States dollars, unless otherwise indicated. On December 23, 2022, the Company announced it has changed its fiscal year end from December 31 to March 31.

"I am proud of our team and their efforts to maintain growth initiatives, all while managing costs going into 2023." said Steven McAuley, Chairman & CEO. "Going forward, we continue to develop our U.S. healthcare initiatives focusing on offering clinical trial services, with the stated objective of becoming an established Site Management Organization (SMO) for the pharmaceutical, biotechnology and medical device industries."

Q4 2022 Highlights

Total revenues from continuing operations of $426,786 for Q4 2022 compared to revenues of $1,142,581 for Q4 2021, representing a 63% decrease year over year. The decrease in revenue was mainly attributed to the decrease in COVID-19 testing services.
Gross margin from continuing operations was 16% for Q4 2022, compared to a negative gross margin of 25% in Q4 2021. The increase in gross margin resulted from savings in personnel costs.
Net loss from continuing operations was $2,370,651 or $0.01 per share compared to a net loss from continuing operations of $4,684,114 or $0.01 per share for Q4 2021.
Cash as at December 31, 2022 was $193,144, compared to cash of $866,170 at December 31, 2021.
Cash used in operating activities from continuing operations was $447,013 for Q4 2022, compared to $778,897 for Q4 2021.
Financial Summary

$, except where noted
Three months ended
December 31,
Twelve months ended
December 31,
2022 2021 2022 2021
Total revenues
426,786 1,142,581 4,661,525 4,368,916
Direct clinic expenses
(359,668 ) (1,428,074 ) (2,693,502 ) (3,020,412 )
Loss from operations
(1,194,869 ) (2,361,586 ) (4,954,313 ) (5,441,952 )
Net loss from continuing operations
(2,370,651 ) (4,684,114 ) (2,960,787 ) (31,736,245 )
Adjusted EBITDA loss
(2,737,185 ) (2,250,620 ) (5,761,969 ) (3,848,456 )
Net loss per share, continuing operations, basic and diluted
(0.01 ) (0.01 ) (0.01 ) (0.10 )
Financial Performance

As part of total revenues, revenues from the Health & Wellness segment for Q4 2022 were $151,659 compared to Q4 2021 revenues of $256,254. This decrease over the prior year period is attributable to lower revenues from Medi-Collective's clinics.

Diagnostics & Technology revenue includes the sale of MediSure products and laboratory testing services conducted by MediSure Laboratory and Empower Clinics. Diagnostics & Technology revenue for Q4 2022 were $275,127 compared to $886,327 in Q4 2021. The decrease in revenue was due to reduced Covid-19 testing in the United States as well as other laboratory services in the current year period. Of the total revenue in Q4 2022, 98% was attributable to the sale of medical equipment in MediSure.

Direct expenses excluding depreciation and amortization for Q4 2022 were $359,668 compared to Q4 2021 direct clinic expenses of $1,428,074. The decrease in direct expenses was due to the decrease in operating activities, primarily personnel costs, associated with providing Covid-19 testing services.

Loss from operations for Q4 2022 was $1,194,869 compared to Q4 2021 of $2,361,586. This decrease in loss over the prior year comparable quarter is primarily due to reduced advertising and promotion activities and legal and professional fees.

Net loss from continuing operations for Q4 2022 was $2,370,651 compared to Q4 2021 of $4,684,114. In Q4 2021, the Company recognized aggregate impairment charges of $5,222,249, while no impairment was recorded in Q4 2022. This difference was offset by a loss on debt settlement of $1,873,901 in the current year period and a lower gain on change in fair value of warrant liability and conversion features associated with convertible debentures in Q4 2022.

Adjusted EBITDA is a non-GAAP financial measure that is calculated as net loss from continuing operations before depreciation and amortization, interest, accretion, share-based compensation, changes in the fair value of derivative liabilities and extraordinary items such as impairment. Adjusted EBITDA loss in Q4 2022 was $863,284compared to $2,250,620 in Q4 2021. Adjusted EBITDA is a metric used by management to monitor the Company's revenues compared to its cash operating costs in an effort to trend toward improved profitability.

During Q4 2022, the Company used $447,013 of cash in operating activities of continuing operations. The Company invested cash of $754 for the purchase of furniture and equipment and had $186,396 of cash provided by financing activities from the issuance of units and convertible debentures offset by lease payments and consideration payable.

Please refer to Empower's condensed interim consolidated financial statements, related notes and accompanying management's discussion & analysis for a full review of the Company's operations.

About Empower

Empower is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, and world-class medical diagnostics laboratories. Supported by an experienced leadership team, Empower is aggressively growing its clinical and digital presence across North America. Our Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of our patients, while simultaneously providing long term value for our shareholders.

ON BEHALF OF THE BOARD OF DIRECTORS:
Steven McAuley
Chief Executive Officer

CONTACTS:

Investors

Tamara Mason

Steven McAuley

Business Development & Communications

CEO

1-855-855-9058

1-855-855-9058

t.mason@empowerclinics.com

s.mcauley@empowerclinics.com

by @newsfile on 28 Feb 2023, 14:49
Komo Expands Frozen Meal Line to Fortinos Stores in Toronto

Vancouver, British Columbia--(Newsfile Corp. - February 28, 2023) - Komo Plant Based Foods Inc. (CSE: YUM) (OTCQB: KOMOF) (FSE: 9HB0) ( the "Company", "Komo"), Komo Plant Based Foods Inc. Expands Frozen Meal Line to All 9 SKUs in Fortinos Stores in Toronto.

Komo Plant Based Foods Inc., a premium, fast-growing plant-based food products manufacturer, is thrilled to announce the expansion of their frozen meal line to all 9 SKUs in Fortinos stores across the Greater Toronto Area (GTA). The partnership will make Komo's delicious and nutritious plant-based meals more accessible to families in Toronto, helping to make healthy meal planning more convenient and affordable.

"We are excited to be expanding our partnership with the Fortinos banner of Loblaw Companies Limited, and making our plant-based meals more accessible to families in Canada's largest city, Toronto, Ontario," said William White, CEO of Komo Plant Based Foods Inc. "We believe that our brand resonates with the people of Toronto, and we're passionate about creating delicious and wholesome plant-based meals that fit the needs of busy households. We believe that our meals offer a healthy and convenient option for families who want to eat well without sacrificing taste, health or convenience."

Fortinos, which was founded in 1961 by Italian immigrant John Fortino, is a well-established supermarket chain with 23 stores across the GTA. The stores are known for their commitment to providing fresh, high-quality food and excellent customer service, making them the perfect partner for Komo's expansion.

About Komo

Komo Plant Based Foods is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying and made with wholesome ingredients. At Komo, the company's mission is to help make plant-based meals a staple on every dinner table by sharing the company's love for feel-good food that connects the people to the planet. The company believes plant-based eating is the future and that "Change can start with a single bite." The company's experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100 per cent plants. Komo's products are sold direct-to-consumer through the company's e-commerce website, and a distribution network of on-line and brick and mortar grocery, convenience and natural retailer channels. The company's operating subsidiary, Komo Comfort Foods, launched in 2021 with the company's flagship products: plant-based lasagna, shepherd's pie and chickenless pot pie, and Komo Plant-Based Meal Helpers -- versatile meal starters to allow the creation of many dishes at home. Komo's newest product is Mac & Greens. All of the company's products are 100-per-cent plant-based, made with wholesome ingredients, free from preservatives and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have an 18-month frozen shelf life.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.

will@komoeats.com

https://thecse.com/en/listings/life-sciences/komo-plant-based-foods-inc

too bad Lao, it was nice having you here

Komo Expands Across Canada with Whole Foods Market
Vancouver, British Columbia--(Newsfile Corp. - February 9, 2023) - Komo Plant Based Foods Inc. (CSE: YUM) (OTCQB: KOMOF) (FSE: 9HB0) (the "Company", "Komo"), a premium plant-based food company, reports planned expansion across Canada with Whole Foods Market.

Komo Plant Based Foods Inc., a fast growing plant-based food products manufacturer, announces today that it will be expanding its presence in Canada through additional distribution at Whole Foods Markets. Komo's line of frozen meals and meal helpers will now be available in all 14 Whole Foods Market locations in Canada, with the newly expanded listings to be on shelves by May of 2023.

Whole Foods West will be expanding their line of Komo frozen foods from 3 SKUs to 5 SKUs in western Canada and Whole Foods Ontario will be carrying all 5 SKUs, including Komo's 2 serve Lasagna, 2 serve Shepherds Pie, 2 serve Mac & Greens, as well as Komo's line of Meal Helpers: BBQ Mushroom Lentil Taco Filling and Walnut Mushroom Bolognese.

"We're thrilled that Whole Foods Market is adding more Komo products to their selection and continues to support Komo's efforts to bring convenience and high quality plant-based meals to our shared end-consumer," says William White, CEO of Komo. "Our goal has always been to make plant-based eating accessible to everyone, and this expansion into Whole Foods nationally takes us one step closer to achieving that goal"

About Komo

Komo Plant Based Foods is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying and made with wholesome ingredients. Komo's mission is to help make plant-based meals a staple on every dinner table by sharing the company's love for feel-good food that connects the people to the planet. The company believes plant-based eating is the future and that "Change can start with a single bite." The company's experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100 per cent plants. Komo's 9 products are sold direct-to-consumer through the company's e-commerce website, and a distribution network of on-line and brick and mortar grocery, convenience and natural retailer channels. The company launched in 2021 with the company's flagship products: plant-based lasagna, shepherd's pie and chickenless pot pie, and Komo Plant-Based Meal Helpers -- versatile meal starters to allow the creation of many dishes at home. Komo's newest product is Mac & Greens. All of the company's products are 100-per-cent plant-based, made with wholesome ingredients, free from preservatives and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have an 18-month frozen shelf life. Komo's products are now available in over 840 retail locations across Canada.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods For further information, please contact:

William White,

KOMO ANNOUNCES 10:1 CONSOLIDATION
Vancouver, B.C. – January 25, 2023: Komo Plant Based Foods Inc. (CSE: YUM)
(OTCQB: KOMOF) (FSE: 9HB0) ( the “Company”, “Komo”), a premium plant-based
food company, announces that, effective at the opening of trading on January 30, 2023 (the
"Effective Date") the common shares of the Company (the "Common Shares") will
commence trading on the Canadian Securities Exchange on a consolidated basis, with one
(1) post-consolidated Common Share outstanding for every ten (10) pre-consolidated
Common Shares (the "Consolidation"). The Company's name and trading symbol will
remain unchanged.
As a result of the Consolidation, on the Effective Date, a total of approximately 9,709,102
Common Shares will be issued and outstanding, subject to adjustments for rounding, with
approximately 7,276,992 Common Shares reserved for issuance. No fractional Common
Shares will be issued, and any post-consolidated fraction of a Common Share will be
rounded to the nearest whole number of Common Shares. The name of the Company has
not been changed, and the trading symbol remains as "YUM". A new CUSIP number has
been issued for the post-consolidated Common Shares, being 50046B205.
The exercise or conversion price and the number of Common Shares issuable under any of
the Company's outstanding convertible instruments will be proportionately adjusted upon
the effectiveness of the Consolidation. In accordance with the Company’s Articles, the
Consolidation does not require shareholder approval.
Shareholders of record as of the Effective Date who hold Common Shares represented by a
DRS (direct registration system) statement will receive an updated DRS statement from the
transfer agent for the Company, Endeavor Trust Corporation, representing Common Shares
on a post-Consolidation basis.
The Consolidation is subject to the acceptance of the Canadian Securities Exchange

https://finance.yahoo.com/news/empower-clinics-subsidiary-signs-laboratory-083000846.html

https://pro.ceo.ca/@newsfile/komo-reports-q1-financial-results

by @newsfile on 29 Dec 2022, 20:42
Komo Reports Q1 Financial Results

Vancouver, British Columbia--(Newsfile Corp. - December 29, 2022) - Komo Plant Based Foods Inc. (CSE: YUM) (OTCQB: KOMOF) (FSE: 9HB0) ( the "Company", "Komo"), a premium plant-based food company, reports financial results for the quarterly period ended October 31, 2022.

FINANCIAL RESULTS

During the quarter ended October 31, 2022, Komo grew its revenue to $178,290, which is an increase of 89% as compared to the same period of the prior year. Revenue growth was driven by greater market presence through wholesales distributions. Wholesale revenue growth was 203% and accounted for 90% of total revenue. Direct to consumer (DTC) sales declined by 57% and accounted for 10% of total revenue.
Komo increased the number of Canadian distributors from 7 to 8 in the quarter. Komo currently has approximately 790 distribution points, defined as the number of retail locations that carry Komo products, representing an increase of 64% as compared to July 31, 2022.
Komo's gross profit margin for the three months ended October 31, 2022 was 39% which is consistent with management expectations, as compared to 35% in the same period of the prior year. The increase in gross margin was primarily driven by increased efficiency with higher production volume.
Komo incurred a net loss of $243,640 for the three months ended October 31, 2022, as compared to $1,778,371 in the same period of the prior year. The decrease in net loss was primarily driven by an increase in sales and gross margin and a decrease in operating expenses. Loss per share, basic and diluted, was nil for the three months ended October 31, 2022 as compared to $0.02 per share of the same period of the prior year.
Advertising and promotion expenses were $32,689 in the quarter, as compared to $617,506 in the same quarter of the prior year.
OUTLOOK

In the next 12 months, Komo plans to continue to strengthen its sales channels and strategy, and onboard new distributors and brokers to expand its presence across Canada and USA. Komo aims to grow its distribution network to reach over 1,000 retail stores in 2023.

Komo plans to increasingly emphasize a wholesale distribution focused business model to speed up its growth in sales, to simplify distribution operations, and to save operating costs.

SUMMARY OF QUARTERLY RESULTS

Komo launched its plant-based foods business in March 2021. The following is a summary of Komo's most recently completed quarterly periods:

October 31,
2022 July 31,
2022 April 30,
2022 January 31,
2022
$ $ $ $
Revenue 178,290 176,536 213,405 166,052
Net loss from continuing operations (243,640) (905,074) (797,486) (1,121,872)
Basic and diluted loss per share from continuing operations (0.00) (0.01) (0.01) (0.01)


October 31,
2021 July 31,
2021 April 30,
2021 January 31,
2021
$ $ $ $
Revenue 94,256 44,940 16,029 -
Net loss from continuing operations (1,778,371) (5,581,069) (376,606) (358,789)
Basic and diluted loss per share from continuing operations (0.02) (0.07) (0.01) (0.01)


LIQUIDITY

The following information relates to Komo for Q1 2023 and fiscal 2022:

October 31,
2022 July 31,
2022
Current ratio(1) 0.7 0.9
Cash $ 46,840 $ 224,344
Working capital deficiency(2) $ (232,997 ) $ (86,047 )
Long Term Debt(3) $ 1,309,161 $ 1,243,256
Shareholders' equity (deficit) $ (1,485,579 ) $ (1,269,190 )


(1) Current ratio is current assets divided by current liabilities.
(2) Working capital is current assets minus current liabilities.
(3) Long Term Debt consists of convertible debentures and Canada Emergency Business Account interest-free loans.

The management's discussion and analysis for the period and the accompanying consolidated financial statements and notes are available under the Company's profile on SEDAR.

About Komo

Komo Plant Based Foods is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying and made with wholesome ingredients. At Komo, the company's mission is to help make plant-based meals a staple on every dinner table by sharing the company's love for feel-good food that connects the people to the planet. The company believes plant-based eating is the future and that "Change can start with a single bite." The company's experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100 per cent plants. Komo's products are sold direct-to-consumer through the company's e-commerce website, and a distribution network of on-line and brick and mortar grocery, convenience and natural retailer channels. The company's operating subsidiary, Komo Comfort Foods, launched in 2021 with the company's flagship products: plant-based lasagna, shepherd's pie and chickenless pot pie, and Komo Plant-Based Meal Helpers -- versatile meal starters to allow the creation of many dishes at home. Komo's newest product is Mac & Greens. All of the company's products are 100-per-cent plant-based, made with wholesome ingredients, free from preservatives and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have an 18-month frozen shelf life.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.

will@komoeats.com

+1 (236) 8000-YUM / (236) 800-0986

I added 200k yesterday and now own half a million shares

https://pro.ceo.ca/@newsfile/komo-reports-fiscal-year-2022-financial-results

by @newsfile on 29 Nov 2022, 05:43
Komo Reports Fiscal Year 2022 Financial Results

Vancouver, British Columbia--(Newsfile Corp. - November 28, 2022) - Komo Plant Based Foods Inc. (CSE: YUM) (OTCQB: KOMOF) (FSE: 9HB0) ("Komo"), a premium plant-based food company, today reports financial results for the year ended July 31, 2022.

"We began our fiscal year as a new brand with a mission to make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. Thanks to the strength of our team and the love of Komo products, we were successful in achieving sales growth of 935 percent over last year," says Komo founder and CEO William White. "The consistently strong retail sales of our products have allowed us to demonstrate to large retail chains that our products sell well and have repeat customers. We recently completed a national listing with Loblaws and we are in discussions with several other large national chains. As a result, we are anticipating continued significant revenue increases in 2023."

"We achieved many of our objectives in 2022, including expanding the product shelf life of our frozen products to 18 months, additions to our product line, growth of our customer base and significant expansion to our distribution network. We plan to continue to follow an asset-light strategy and focus on developing additional co-packing partnerships to increase our production capacity."

Financial highlights:

Revenue in fiscal 2022 increased 935 percent to $650,249 as compared with $62,835 in fiscal 2021 primarily driven by an increase of $419,789 in wholesale revenues sales and $167,625 in direct to consumer revenue due to an expansion of retail distribution points and continued growth through new and repeat orders;
Increase in number of Canadian distributors from 4 to 7 in fiscal 2022;
Wholesale revenue increased 2,594 per cent to $435,969 in fiscal 2022 compared with $16,180 in fiscal 2021;
Wholesale distribution points increased from 110 locations at July 31, 2021 to 360 locations at July 31, 2022 to 476 distribution points at November 28, 2022 (the number of retail locations carrying Komo products);
Direct to Consumer sales increased 359 percent to $214,280 in fiscal 2022 compared with $46,655 in fiscal 2021;
Gross margin was 34 percent of revenue, and gross profit was $220,093 in fiscal 2022 compared with 44 percent and $27,691 in fiscal 2021;
Gross profit was $220,093 for the year ended July 31, 2022, presenting an increase of 695% from the prior year.
Net loss was ($4,602,803) in fiscal 2022 compared with ($6,472,166) in fiscal 2021;
Advertising and promotion expenses were $1,075,538 in fiscal 2022, as compared to $387,412 in the prior year.
General and administrative expenses were $267,319 in fiscal 2022 compared with $312,474 in fiscal 2021.
Operational Highlights

Komo launched five of its plant-based comfort foods in March 2021. Since then, Komo has been adding innovative plant-based products to its offerings. Currently Komo offers 10 products through wholesale distribution and Komo's own eCommerce web store.

As of today, Komo has on-boarded seven distribution partners across Canada and one in the USA. Through these distribution partners, Komo's products are sold in approximately 476 retail locations in Canada. Komo is currently being carried by many multi-location retail customers including: Your Independent Grocer Stores of Loblaws, Safeway, IGA, Metro, Thrifty Foods, Whole Foods Market, Foodland, Fresh St. Market, Choices, Stong's Market, Country Grocer, Nestors, Nature's Fare Market, Foodland, Aisle24, Goodness Me!, Nature's Emporium, Ambrosia, Highland Farms, La Boite à Grains, Pasquier and Fairway Market. Komo's products are also available in various specialty and independent stores and online stores.

Komo products have been listed nationally in Loblaws warehouses located across Canada and will also be distributed to Loblaw banner stores directly from Komo's distribution partners. Komo is currently fulfilling its first purchase orders and expects its products to be on the shelves of some Loblaws stores in December 2022. Loblaw Companies is Canada's largest Canadian food retailer with over 2,400 stores across the country.

Komo is in discussions with several other large retail chains for a listing of its products in their stores.

Outlook

In the next 12 months, Komo plans to continue to strengthen its sales channels and strategy, and onboard new distributors and brokers to expand its presence across Canada and USA. Komo aims to grow its distribution network to reach over 1,000 retail stores in 2023.

Komo plans to increasingly emphasize a wholesale distribution focused business model to speed up its growth in sales, to simplify distribution operations, and to save operating costs.

The management's discussion and analysis for the year and the accompanying consolidated financial statements and notes are available under the Company's profile on SEDAR.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single bite TM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and Komo Plant-Based Meal Helpers TM - versatile meal starters to allow the creation of many dishes at home. Komo's newest product is Mac & Greens. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have a frozen shelf life of 18 months.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.

will@komoeats.com

+1 (236) 8000-YUM / (236) 800-0986

https://ceo.ca/@accesswire/empower-clinics-reports-record-annual-revenue-and-fiscal

by @accesswire on 22 Sep 2022, 14:30
Perk Labs Announces New Director of Sales

VANCOUVER, BC / ACCESSWIRE / September 22, 2022 / Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FKT:PKLB) ("Perk Labs" or the "Company") the owner of Perk Hero, the digital franchise company helping businesses transition to the digital economy, is pleased to announce that it has hired Manon Roy as its new Director of Sales. Ms. Roy has over 15 years of business to business sales experience and worked with top 1000 companies and built relationships with key decision-makers at major brands. Her experience includes selling enterprise software, SaaS, professional services, IT solutions, web-based marketing platform solutions, and custom development solutions.

"I am excited to welcome Manon to our team," said Jonathan Hoyles, CEO of Perk. "The timing to bring on a sales leader could not be more perfect as we are ready to scale and expand our business across North America. Manon's extensive experience as a sales leader and proven track record of connecting and creating opportunities with C-level executives will be invaluable to execute on Perk's next chapter of growth."

"Throughout my career, I've had the fortune to lead sales teams at both established leaders and innovative technology startups," said Ms. Roy. "I see enormous opportunity for Perk's innovative ordering, payment and loyalty software to solve many of the problems currently facing the hospitality industry. We are at a pivotal moment where hospitality businesses are adopting digital technologies to address the ongoing labour shortage and inflation challenges and innovation is happening at a faster rate than at any point in the industry's history. I am excited to roll up my sleeves and execute on this opportunity and help Perk grow quickly to support as many businesses in the hospitality industry as possible."

In her new role as Director of Sales, Mr. Roy will be responsible for developing Perk's sales team and growing Perk Hero's network of merchants with a focus on acquiring new enterprise accounts.

About Perk Labs Inc.

Perk Labs Inc. is the owner of Perk Hero, the digital franchise company helping businesses transition to the digital economy. Perk Hero provides restaurateurs with friendly and reliable digital ordering, payment and loyalty tools to help them survive and thrive in a difficult economic environment. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit www.perkfranchise.com.

For more information, contact:

Jonathan Hoyles CEO
(833) 338-0299
investors@perklabs.io

by @accesswire on 22 Sep 2022, 07:31
Komo Plant Based Foods Expands Distribution through Quality Foods Grocery Chain

VANCOUVER, BC / ACCESSWIRE / September 22, 2022 / Komo Plant Based Foods Inc. (CSE:YUM) (OTCQB:KOMOF) (FRA:9HB) ("Komo") is pleased to announce Quality Foods will be carrying Komo's 2 serving Lasagna, Shepherd's Pie and Mac & Greens as well as both Meal Helpers (Bolognese and Taco Filling) at all Quality Foods locations.

Quality Foods is a British Columbia owned, award-winning leader in the Canadian grocery industry with brick and mortar stores in 13 locations in B.C. including Qualicum Foods in Qualicam Beach, Quality Foods in Parksville, Nanoose Bay, Nanaimo (Harewood), Nanaimo (Northridge Village), Port Alberni, Comox, Courtenay, Campbell River, Powell River, Victoria (Langford) and Victoria (View Royal).

"Quality Foods, the Island original, is thrilled to add this new favourite local brand, Komo Comfort Foods, to their 'Good For You' program. Their ready to bake meals aren't only an easy dinner night, they are also hearty and made with only real ingredients. Perfect to add to your veggie night or simply enjoy a meat free option! Best of all, apart from being healthy - Komo tastes delicious," says Quality Food's Reena Kaback

About Quality Foods

Quality Foods is BC owned and operated since 1982. The Vancouver Island chain is an award-winning leader in the Canadian grocery industry, employing over 1,000 employees primarily on Vancouver Island (and Powell River). Since opening their original store in 1982 as Qualicum Foods in Qualicum Beach on Vancouver Island, they are proudly "an Island Original". Now they are Quality Foods, a BC owned and operated, award-winning leader in the Canadian grocery industry, employing over 1,000 people in thirteen full service grocery stores. The company was acquired by the Jim Pattison Group in 2017.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home. Komo's newest product is Mac & Greens. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have a frozen shelf life of 18 months.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:
William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
+1 (236) 8000-YUM / (236) 800-0986

by @accesswire on 15 Sep 2022, 07:01
Komo Announces Product of the Year Nomination by the B.C. Food and Beverage Association

VANCOUVER, BC / ACCESSWIRE / September 15, 2022 / Komo Plant Based Foods Inc. (CSE:YUM) (OTCQB:KOMOF) (FRA:9HB) ("Komo") is pleased to announce its newest product, Mac & Greens, has been nominated for Product of the Year by the British Columbia Food and Beverage Association ("BCFB") for the 2022 awards.

Product of the Year is BCFB's flagship award - the winner is selected a bit differently from the other BCFB awards. For Product of the Year, 10 finalists go on to the Product of the Year competition on October 3rd where a panel of judges will crown the winner. Komo's latest innovation, Mac & Greens, has been nominated as one of 10 finalists. The Mac & Greens is Komo's plant-based take on the classic macaroni and cheese with a wholesome twist. It's made with a cheezy oat sauce, basil pesto, greens including spinach, parsley and edamame and is topped with garlicky panko breadcrumbs.

"Having Mac & Greens nominated for the BC Food and Beverage Association's 2022 product of the year award is a great honour for Komo. To have such a newly launched product gain recognition quickly demonstrates market interest in Komo's high quality natural food products," says Komo President and CEO William White.

The Mac & Greens was recently in the news as it was selected, as part of Komo's 9 SKUS, to be on the shelves of Loblaws and Loblaw banner stores in early November of 2022. The Mac & Greens was first launched in March 2022.

Earlier this year, Komo took home the VegNews Best of Show Award 2022 for Best New Vegan Product for its plant-based lasagna at the Natural Products Expo West in Anaheim, California.

BCFB is a not-for-profit industry association representing food and beverage manufacturers in British Columbia, whose membership represents approximately $7 billion in industry revenues.

Komo is also pleased to announce changes in management, including the appointment of Frédéric Gagné to the role of President for Komo Plant Based Comfort Foods Inc, Komo's operating subsidiary. Fred has been a chef for over 25 years around the world and more recently a plant-based chef for the last 7 years. Fred was culinary trained in Quebec, Canada. He is the former executive chef of one of Western Canada's biggest restaurants, where he oversaw a team of 42 chefs operating a $13m a year business. Fred Gagné has worked with Komo since October 2020 and has been promoted to President from his previous role as the director of culinary development for Komo. He has been a major contributor to the success and quality of products Komo continues to deliver. Jeffrey Ma is no longer serving as President and CEO of the company's operating subsidiary. Komo has stopped operations of its UberEats, Skip the Dishes and DoorDash ghost kitchen as it is now focused on its higher margin business of frozen foods.

About Komo
Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home. Komo's newest product is Mac & Greens. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have a frozen shelf life of 18 months.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
+1 (236) 8000-YUM / (236) 800-0986

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Perk Labs Provides Corporate Update
by Perk Labs | 2022 September 14 | News | 0 comments

Vancouver, Canada / September 14, 2022 / Perk Labs Inc. (CSE: PERK / OTCQB: PKLBF / FKT: PKLB) (“Perk” or the “Company”), the company helping businesses transition to the digital economy, is pleased to provide a corporate update on its product traction, sales and growth plans, product roadmap, marketing and rebranding, cost reductions and financing initiatives, and investor relations activities.

Product Traction

Our business has evolved dramatically in the past year, as we changed our business model from a transaction based B2C marketplace to a B2B software-as-a-service subscription based model. In the second and third quarters of the year we recruited our first few subscription-based paying customers – this was critical work as these customers helped us validate and refine our product, improve our product positioning, and provide us with important social proof.

We are continuing to sign up new paying customers and continue to see increases in the number of orders through our platform.

Sales and Growth Plans

With much of the heavy R&D work now completed to get our platform robust and scalable and building upon our early successes in signing new customers, we are now moving to a “sales-first organization”: We recently engaged a consultant with deep domain knowledge in the hospitality software space to work with our sales team, completed a review of the state of our sales program and made several improvements on how to increase our execution in lead generation, market positioning and partnership opportunities.

We’ve recruited a new Director of Sales who will be focused on signing up larger customers and enterprise accounts. We plan to make a further announcement about this within the next two weeks. We’ve also recently added to our sales team by engaging Allenton Deazle as a sales executive, and aim to add three sales representatives across Canada. As part of Mr. Deazle’s compensation, he will be compensated in shares of the Company.

We also have ongoing discussions with a group in the United States whom we plan to partner with to grow our presence in the U.S. We expect to make an announcement in the next 30 days.

As part of our growth plan, we are also developing partnerships with several distribution channel partners, including partnerships with a large reseller of digital services, a major point-of-sales provider, a nationwide payment processing and loyalty provider, and we are pursuing a partnership with a well-known hospitality equipment provider. We believe that forming partnerships with the right incentives in place such as mutual referral programs is the way that we can significantly scale customer growth through a much broader distribution of our products.

We will provide further updates on these partnerships as they develop and progress.

Product Roadmap Update

Providing an update on the Company’s product roadmap, Gary Zhang, CTO of Perk said “Omnichannel order management is the foundation of our next-generation membership-based sales and marketing solution. Our product team is working on the top 5 sales order channels: QR-based on-site orders, pickup orders, neighbourhood delivery orders, reservation orders and subscription orders. Our team plans to complete work on reservations and subscriptions by the end of October 2022. In the last quarter of 2022, our product team will deliver more advanced functions such as an advanced reward system, white-label customization, notification-driven omnichannel marketing and branded token.”

By adding subscription orders, the Company believes it will open up additional revenue opportunities by being able to support many other types of businesses that require recurring subscription-based payments such as club and gym memberships, fitness studios, services and product subscriptions.

With respect to blockchain and NFT technology, the Company believes that while much of the hype and excitement that captured the market’s attention surrounding blockchain and NFT technologies in the earlier part of the year has cooled, there still exists very practical uses of blockchain in the loyalty space and that NFTs can be a tool to provide access to things like club memberships or executing a subscription to a service. The Company plans to further develop its loyalty token on the Solana blockchain to provide a white-label loyalty platform to brands that will also include NFTs as a mechanism for unlocking memberships, subscriptions, events, and special benefits. As validation of this business opportunity, Starbucks recently announced that it is launching its own NFT marketplace with exclusive Web3 benefits for its members:

https://stories.starbucks.com/press/2022/starbucks-brewing-revolutionary-web3-experience-for-its-starbucks-rewards-members/

Rebranding

To better reflect our new direction, we are currently working with a branding expert and plan to unveil our new brand in October with updates to our website, messaging and marketing materials.

Cost Reductions and Financing Initiatives

We’ve taken several steps to reduce our monthly cash burn and, unfortunately, over the past few months, had to let go of a few team members. Another planned cost reduction measure is to phase out our digital gift card offering for which we currently incur a minimum monthly fee.

As previously announced, to increase our cash position, we recently sold over $600,000 in Hero Innovation Group stock. We are also exploring other ways to increase our cash position, including potential equity, debt financing and special bank loan programs that are available as part of Government of Canada programs for startups.

Investor Relations Activities

We also plan to ramp up our investor relations activities to help build Company awareness and increase exposure within the global investment community. As previously announced, the Company has engaged MarketOne, Stockhouse and Proactive Investors, and plans to ramp up its activities through those partners, including attending investor conferences and videos and articles on media platforms such as the Financial Post and Business News Network (BNN Bloomberg).

About Perk Labs Inc.

Perk Labs Inc. (CSE: PERK) (OTCQB: PKLBF) (FKT: PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information contact:

Jonathan Hoyles

CEO

Perk Labs Inc.

(833) 338-0299

investors@perklabs.io

https://ceo.ca/@accesswire/empower-clinics-sees-continued-strong-volume-for-its

https://pro.ceo.ca/@accesswire/komo-plant-based-foods-inc-announces-retail-expansion

by @accesswire on 1 Sep 2022, 11:01
Komo Plant Based Foods Inc. Announces Retail Expansion with Distribution Across Canada with Loblaw Companies Ltd.

VANCOUVER, BC / ACCESSWIRE / September 1, 2022 / Komo Plant Based Foods Inc. (CSE:YUM)(OTCQB:KOMOF)(FRA:9HB) ("Komo") is pleased to announce it is increasing retail distribution for all of it's 9 products across Canada with Loblaw Companies Ltd. 4 SKUs will be listed nationally in 8 Loblaws warehouses and the remaining 5 SKUs will be distributed to Loblaw's banner stores direct from our distributor partners to retail locations across western Canada.

Loblaw Companies is Canada's largest Canadian food retailer with over 2,400 stores across the country including corporate and franchise supermarkets operating under 22 regional and market segment banners including Loblaws.

Komo's original flagship line of products, including the 2 serving Lasagna, the 2 serving Shepherd's Pie, the Chickenless Pot Pie, and the 2 serving newly launched Komo product, "Mac & Greens", are being sent to 8 Loblaws' warehouses located across Canada for distribution in Loblaw's banners.

Komo's "Meal Helpers" line, which includes the BBQ Mushroom Lentil Taco Filling and Komo's Walnut Mushroom Bolognese, as well as the family size SKUs of the Mac & Greens, Shepherd's Pie and Lasagna will be distributed directly to Loblaw banner stores by Komo's distributors. Banner stores anticipated to be carrying Komo products include Loblaws, Superstores including Great Canadian Superstore (Atlantic Provinces), No Frills, YIGs, City Markets, Extra Foods, Fortino's and Provigo (Quebec). Products are expected to be on store shelves beginning the first week of November 2022.

"Achieving distribution for all of our healthy vegan frozen products to Loblaw's customers across Canada including our latest innovation "Mac & Greens" demonstrates the market demand for our quality products," says Komo CEO William White. " All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, artificial colours and flavours and frozen for freshness."

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home. Komo's newest product is Mac & Greens. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have a 18 months frozen shelf life.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
+1 (236) 8000-YUM / (236) 800-0986

by @accesswire on 25 Aug 2022, 14:30
Perk Labs Announces New Customers and Reservation Feature

VANCOUVER, BC / ACCESSWIRE / August 25, 2022 / Perk Labs Inc. (CSE:PERK)(OTCQB:PKLBF)(FKT: PKLB) ("Perk" or the "Company"), the Company helping businesses go digital, is pleased to announce a new vertical for its custom branded app with the signing of iBEAUTI Skincare, and that it will be expanding its product offering by adding a new reservation feature.

"We are excited by the opportunities that the development of our new reservation feature offers. In addition to improving our offering for restaurants, we can support many new verticals with our custom app offering, including salons, health and wellness, fitness and studios," said Perk CEO, Jonathan Hoyles. "This also improves the value of our franchise offering and opens up many new potential revenue opportunities for our digital franchisees."

"Our new reservation feature will make our custom branded app offering even more powerful. Businesses can now use our platform for online ordering, pickup and delivery, and in-store QR code payment. With the addition of the reservation feature, we are closer to being the leading omnichannel solution provider," said Perk CTO, Gary Zhang. "We believe there is a strong market fit for this suite of products and features, as traditional businesses increasingly adopt digital tools. Our team is excited by the momentum we see as our pipeline of customers continues to grow."

The Company also announced today that it has signed its first restaurant location in Montreal, Ta Chido Snackbar. Recently a competitor, the Sunday App, whose Canadian operations were based in Montreal, announced that it exited the Canadian market, which has opened up opportunities for the Company to acquire new accounts previously held by the Sunday App. Perk has also signed up a number of new restaurants in Vancouver and is seeing strong and steady growth in the number of users, orders and payments placed through its platform.

About Perk Labs Inc.

Perk Labs Inc. (CSE: PERK) (OTCQB: PKLBF) (FKT: PKLB) is the owner of Perk Hero, the company empowering business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit www.perkfranchise.com.

For more information contact:

Jonathan Hoyles
CEO
Perk Labs Inc.
(833) 338-0299
investors@perklabs.io

https://pro.ceo.ca/@accesswire/empower-clinics-unveils-medisure-brand-in-the-united

by @accesswire on 20 Jun 2022, 10:45
Empower Clinics Unveils Medisure Brand In the United States

Empower rebrands medical divison in the U.S. and accelerates access to the largest hospitals, medical centers and cruiseship opportunites

VANCOUVER, BC / ACCESSWIRE / June 20, 2022 / EMPOWER CLINICS INC (CSE:CBDT)(Frankfurt:8EC)(OTCQB:EPWCF) ("Empower" or the "Company") an integrated healthcare company offering services in the U.S. and Canada - announced a corporate rebrand of its medical diagnostics laboratory business in the U.S. to Medisure Laboratory, and opens opportunities to the largest healthcare centers in the state of Texas, and leverages its cruiseship connections to the largest ports in the U.S.

The new brand marks an important milestone in the evolution of Empower's presence in the U.S. healthcare market. It represents a fresh and forward-looking approach to the healthcare community, leveraging the Medisure brand as a leading medical device and testing company, to access and support the largest hospital networks with laboratory services in the state of Texas, the cruiseship industry, and film & television productions.

With the company's experience and reputation, and deep connections to major cruiseline's, Empower and its accredited laboratory in Texas, have expanded its service offering to key ports in the southern U.S. As a COLA and CLIA accredited laboratory, the company can provide testing and healthcare services to key industries such as film & television, that require testing and healthcare management solutions.

"The Medisure brand is strong, and embodies the energy and growth that we have for our business in the U.S. market." stated Steven McAuley, Chairmain and CEO, "Launching Medisure Labs in the U.S. and utilizing our investments just makes sense, it opens new doors, allows us to bring products to market and grow more rapidly. With Medisure Labs, we have a proven brand serving many thousands of patients, that is primed to succeed in the world's largest healthcare market."

Immediate plans for Medisure include researching, applying for and securing additional U.S. Federal Drug and Administration (FDA) certifications to allow for the sale of its medical devices in the U.S. Medisure is also upgrading its quality managements systems to expedite the certification process. The company has advanced its offers to the cruiseship industry and to film & television productions.

The new website for Medisure Laboratory is www.medisurelabs.com

This press release is available on the Empower Clinics Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/EmpowerClinics

ABOUT EMPOWER:

Empower is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, a medical device company and world-class medical diagnostics laboratories. Supported by an experienced leadership team, Empower is aggressively growing its clinical and digital presence across North America. Our Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of our patients, while simultaneously providing long term value for our shareholders.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

CONTACTS:

Media:

Steven McAuley CEO
s.mcauley@empowerclinics.com
604-227-0865

Investors:

Tamara Mason

Business Development & Communications
t.mason@empowerclinics.com
604-359-9107

https://ir.komocomfortfoods.com/

https://ceo.ca/@accesswire/empower-clinics-exceeds-3000-tests-and-750-appointments

by @accesswire on 1 Jun 2022, 09:10
Empower Clinics Exceeds 3000 Tests and 750 Appointments for its Testing Solutions in Vancouver in First Month of Operations

Expectations exceeded in first full month of operations while still early in cruise travel season

VANCOUVER, BC / ACCESSWIRE / June 1, 2022 / EMPOWER CLINICS INC (CSE:CBDT)(Frankfurt:8EC)(OTCQB:EPWCF) ("Empower" or the "Company") an integrated healthcare company - serving patients through medical centers and testing clinics, telemedicine platforms, a medical device company, and a high complexity medical diagnostics laboratory - announced today its COVID-19 testing solutions offered in and around Vancouver's Port of Vancouver and Canada Place has exceeded 3000 tests and confimed more than 750 pending appointments going forward in just its first full month of operation.

All of Empower's COVID-19 testing solutions are fully accredited by the College of Physicians and Surgeons of British Columbia's Diagnostic Accreditation Program (DAP). All COVID-19 testing in British Columbia requires accreditation by the College's Diagnostic Accreditation Program (DAP). Empower's fully accredited COVID-19 testing solutions includes three certified sites at the Port of Vancouver, Canada Place and Fairmont Waterfront Hotel as well as a recently accredited concierge mobile service.

"Serving well over 3000 clients is an important milestone for our accredited testing solutions in Vancouver providing significant new cash flow for the company and supporting our investment thesis for this project," stated Steven McAuley, Chairman and CEO of Empower Clinics. "It reasserts the importance and investment that we've made to be a fully accredited operation as per local B.C. regulation. It also allows our entire team, clients and shareholders to find confidence in the stability, quality and potential reach of our services while we are still early in the cruise season and peak tourist season for Vancouver - with countless conferences, tour groups and events -just ahead of us."

For more than 35 years, Vancouver has been a leading homeport for cruises to Alaska and is the only homeport to offer both one-way and roundtrip itineraries through Canada's scenic Inside Passage to Alaska. Prior to the pandemic, forecasts indicated record growth in demand for cruises to Alaska, and demand is expected to remain strong in the future. The Vancouver cruise industry is a key contributor to the local economy, helping generate $3.17 million (CAD) in direct economic activity for each ship that calls at Canada Place and $2.2 billion (CAD) of total economic impact.

Royal Carribean - the world's second largest cruise operator - refers its clients to Empower Clinics COVID-19 testing solutions on the Frequenty Asked Questions section of their website. https://www.royalcaribbean.com/faq/questions/what-if-i-dont-find-a-pre-cruise-test-or-get-test-results-in-time.

With severals ships carrying more than 4000 people, the Vancouver Fraser Port Authority expects more than 300 cruise ship calls for the 2022 season - nearly an 8% increase from 288 calls in pre-pandemic 2019.

Passengers can visit https://www.empowerclinics.com/covid-19-testing/ to book COVID-19 testing solutions that include virtual (telehealth) or in-person Rapid Antigen / Rapid PCR (RT-Lamp) testing at a site at Fairmont Waterfront Hotel - adjacent to the port terminal at Canada Place. Pricing of solutions range from $100 CAD to $250 CAD per test.

This press release is available on the Empower Clinics Verified Forum on AGORACOM for shareholder discussion, questions and engagement with management https://agoracom.com/ir/EmpowerClinics

ABOUT EMPOWER:

Empower is an integrated healthcare company that provides body and mind wellness for patients through its clinics, with digital and telemedicine care, a medical device company and world-class medical diagnostics laboratories. Supported by an experienced leadership team, Empower is aggressively growing its clinical and digital presence across North America. Our Health & Wellness and Diagnostics & Technology business units are positioned to positively impact the integrated health of our patients, while simultaneously providing long term value for our shareholders.

ON BEHALF OF THE BOARD OF DIRECTORS:

Steven McAuley
Chief Executive Officer

CONTACTS:

Media:
Steven McAuley CEO
s.mcauley@empowerclinics.com
604-227-0865

Investors:
Tamara Mason
Business Development & Communications
t.mason@empowerclinics.com
604-359-9107

by @accesswire on 27 May 2022, 13:30
Komo Plant-Based Foods Appoints US Sales Management Consultants

VANCOUVER, BC / ACCESSWIRE / May 27, 2022 / Komo Plant Based Foods Inc. (CSE:YUM)(OTCQB:KOMOF)(FRA:9HB) ("Komo") is pleased to announce the appointment of a U.S. sales consultant, Caboodle Consulting LLC (Caboodle), to develop Komo's retail expansion throughout the United States. Komo will work closely with the Caboodle sales management team to build out the US retail strategy. Heather Barry Whittier will be representing Komo as the Director of Sales. Ms. Whittier has 20+ years experience in the natural products industry including a pivotal role in growing a brokerage, Yin Yang Naturals, from regional to national coverage.

Other members of the Caboodle management team include Lisa Thorson and Constance Wolfe. Lisa Thorson comes from a Market Analysis background with 10+ years' experience in Consumer Packaged Goods (CPG) brokerage and brand management with experience at Laird Superfood and Alliance Sales & Marketing. Constance Wolfe offers 10+ years of brand management experience including specializing in data analysis and trade spend promotional management with experience at Coconut Bliss and Hilary's Eat Well.

Caboodle is a consulting group that provides roadmaps for CPG food brands looking to expand in the U.S. grocery marketplace. Depending on their unique goals, strategies are developed utilizing customized programming including data analytics, sales management, and emerging brand fundamentals. Caboodle plans to soon launch an online platform which will serve as a digital hub for growth & management.

"The United States represents a significant opportunity for Komo," says Komo Comfort Foods President, Jeffrey Ma. "We're excited to have Heather Whittier representing Komo to build out our U.S. expansion. Her experience and contacts in the industry will be key for our U.S. strategy. We are extremely happy with the dedication of the team at Caboodle so far and look forward to the future of this relationship."

Komo has recently secured a US warehouse with HLC Distributing, based in Oregon.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, and frozen for freshness. Komo's plant-based lasagna was award the Best New Vegan Product at the Natural Products Expo West Show in March 2022.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882

https://stockcharts.com/h-sc/ui?s=KOMOF

https://stockcharts.com/h-sc/ui?s=PERK.CA

Perk Labs Inc. (PERK.CN)
Canadian Sec - Canadian Sec Real Time Price. Currency in CAD


0.0400+0.0150 (+60.00%)
At close: May 25 03:59PM EDT

by @accesswire on 25 May 2022, 14:30
Perk Labs Signs Franchise Agreement

VANCOUVER, BC / ACCESSWIRE / May 25, 2022 / Perk Labs Inc. (CSE:PERK) (OTCQB:PKLBF) (FKT:PKLB) ("Perk" or the "Company"), the digital franchise company helping businesses transition to the digital economy, today announced that it signed a franchise agreement for the territory of Downtown Toronto.

"We are delighted to be expanding into the Toronto area. Our whole team invested a substantial amount of effort into our product over the last few months to set us up for scalability on the East Coast," said Perk's Interim VP of Sales, Justin Strange. "We've received substantial interest in Toronto and the surrounding area from both prospective franchisees and restaurants and we are energized by the prospect of bringing our solution to so many great operations located in the Toronto area. The team at Perk Hero is more than excited to take another big step forward and welcome our new franchisee who is a very accomplished entrepreneur with extensive years of experience operating his own successful enterprise as a supplier to restaurants. We plan to work closely with our franchisee to grow the Perk Hero brand in the downtown Toronto area where the demand for technology in the hospitality industry is very high, and continue the company's forward momentum of our "Restaurant Rescue" program which is designed to help restaurants navigate the post-pandemic harm, current labour shortage as well as crippling inflation."

Through Perk Hero, franchisees can offer restaurants a solution that provides the convenience of mobile ordering and payment combined with a powerful digital loyalty program and customer relationship management software. Unlike brick & mortar franchises, as a Perk Hero digital franchise, owners do not have to take on significant overhead and can build a growing recurring software-as-a-service (SAAS) revenue stream in their local marketplace. All franchisees have access to Perk Hero's online portal that provides powerful analytics, merchant management, promotional tools, support and training.

"Perk Hero offers a unique opportunity for franchise partners to own a leading-edge technology business and offer restaurants access to a solution to the paralyzing labour shortage and the skyrocketing inflation" said Perk CEO, Jonathan Hoyles. "We are thrilled to partner with our new franchisee and bring our powerful software solution to restaurants and their guests in Toronto."

About Perk Labs Inc.

Perk Labs Inc. (CSE:PERK) (OTCQB:PKLBF) (FKT:PKLB) is the owner of Perk Hero, the mobile commerce platform on a mission to empower business owners with the digital tools to provide their customers with experiences that are more engaging, convenient and rewarding. Perk Hero is growing through a unique community-driven digital franchise business that is available to entrepreneurs at an attractive start-up price.

For more information about Perk Labs, please visit www.perklabs.io. Visit Perk Hero at www.perkhero.com.

For more information on a Perk Franchise, visit www.perkfranchise.com.

For more information contact:

Jonathan Hoyles
CEO
Perk Labs Inc.
(833) 338-0299
investors@perklabs.io

by @accesswire on 26 Apr 2022, 13:01
Komo Plant Based Foods Grows Distribution Across Quebec, Ontario, and Maritimes

VANCOUVER, BC / ACCESSWIRE / April 26, 2022 / Komo Plant Based Foods Inc. (CSE:YUM) (OTCQB:KOMOF) (FRA:9HB) ("Komo"), a premium plant-based food company, is pleased to announce that Horizon Nature is now carrying all Komo frozen plant-based products for distribution, with a focus on Quebec and the Maritimes with a growing market in Ontario.

Horizon Nature is a full service distributor to natural, independent and grocery banners. Founded in 2003, the company is still a Quebec family owned business today. Operating from a vast and modern distribution centre in St-Léonard, Horizon Nature offers a wide variety of local, national and global brands supported by an experienced sales team. As a supplier to Metro, Provigo, Tau and Avril, they offer a range of products spanning from fresh to dry grocery and frozen, with an emphasis on healthy whole foods as well as products across various dietary needs, whether gluten free or vegan ingredients and meals.

"The whole team here at Horizon Nature is very excited to start a partnership with Komo Comfort Foods. Our retail customers have been hearing the great reviews from the west and Komo is a real solution for families needing a well-priced meal everyone can enjoy!", Martin Trottier, Director, Business Development & Sales.

About Horizon Nature

Horizon Nature aims at bringing together a wide variety of quality products that carry the values of optimum health. Thanks to its selection of quality products and level of service, Horizon Nature is the ideal partner for retailers. A selection of over 3500 fresh, dry frozen and supplement products with more than 130 producers and more than 1000 clients including supermarkets, specialized and independent marketplaces.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, and frozen for freshness. Komo also sells hot ready-to-eat meals in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

by @accesswire on 20 Apr 2022, 13:00
Komo Plant Based Foods Shares Canadian Retail Update

VANCOUVER, BC / ACCESSWIRE / April 20, 2022 / Komo Plant Based Foods Inc. (CSE:YUM) (OTCQB:KOMOF) (FRA:9HB) ("Komo"), a premium plant-based food company, is pleased to announce it's now being carried in a total of 240 distribution points across Canada; 39 of which are in Eastern Canada.

According to a 2020 Statista Report there are 2.3 million vegetarians in Canada and an additional 850,000 classified themselves as vegan. Research conducted by the Angus Reid Institute (Canadian non-profit independent research organization) has found that 1 in 5 Canadians (22%) who regularly eat meat would like to reduce the amount of meat they consume. In eastern Canada, which has a population of 14 million, people spend an average of $10,418 per year on food. Source: https://www.statista.com/statistics/567888/average-annual-household-expenditures-in-ontario-canada/

"We are so proud to have Komo Plant-Based frozen comfort foods distributed to the shelves in so many new communities allowing us to further our mission to make plant-based meals a staple on every dinner tables." Says CEO William White. "We delivered our first shipment of products to Ontario earlier this year and have since launched into 60 distribution points. Our retail partners understand our unique value proposition to deliver shareworthy plant-based meals grounded in real food and cooking that don't compromise on taste and experience."

Komo can now be found on the shelves at select Foodland, a Sobey's grocery banner, including Toronto Queens St., Danforth, Ave, Ayr, Clinton, Bell River, Brights Grove, Corunna, Dorchester, Hagersville, Dresden, Essex, Forest, Komoka, Port Stanley, Ridgetown, Thorold, Owen Sound, and Midland.

Komo has a distribution network covering all provinces in Canada, including BRR Logistics, TransCold Distribution and Nationwide Natural Foods. Komo significantly scaled up its production capacity through a co-manufacturing arrangement late last year, setting up Komo for nationwide expansion. Komo is also available in select Whole Foods Markets, IGA, Fresh Market, as well as all Choices Markets, all Nesters Market locations, Fairway Markets and Nature's Fare locations. Komo is now also expanding into the United States.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and has recently launched a new line - Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, and frozen for freshness. Komo also sells hot ready-to-eat meals in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.

will@komoeats.com

+1 (236) 8000-YUM / (236) 800-0986

NEWS BLAST

Logo



Press Release -
Komo Plant Based Foods to Showcase its Award Winning Lasagna at CHFA NOW Vancouver 2022

Vancouver, B.C. - April 7, 2022: Komo Plant Based Foods Inc. (CSE:YUM) (OTCQB:KOMOF) (FRA:9HB) ("Komo" or the "Company") announces that it will be showcasing its award winning lasagna at the CHFA NOW Trade Show: Western Canada's largest natural health and organics trade event, where it will showcase a series of its frozen bake-at-home comfort foods. The CHFA NOW Conference and Trade Show will be held at the Vancouver Convention Centre in Vancouver, BC, from April 21 to 24, 2022.


Since launching its frozen products one year ago, Komo has been successful in establishing over 240 distribution points through a distribution network that includes BRR Logistics, TransCold Distribution and Nationwide Natural Foods, covering all provinces of Canada.

"The CHFA NOW tradeshow will give us a great opportunity to showcase our brand to new retailers and continue building relationships with our current retail partners," said Jeffrey Ma, CEO of Komo's operating subsidiary. "Our team is looking forward to the event and sampling our line-up of shareworthy plant-based comfort favourites."

Komo will be providing samples to retailers and event attendees of their always wholesome and hearty lasagna. Komo's vegan lasagna recently took home the "Best of Show Award 2022" at Expo West from VegNews for "Best New Vegan Product".

Show attendees can visit Komo at Booth #438 to sample its freshly baked plant-based comfort foods.

If you are interested in booking a meeting or interview with Jeffrey Ma, CEO of Komo Plant Based Comfort Foods, at CHFA NOW please reach out to: hello@komoeats.com.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that believes plant-based eating is the future, and that change can start with a single bite™. The Company develops, manufactures and sells a variety of 100% plant-based, preservative-free, hearty, satisfying, and wholesome frozen meals under its operating subsidiary Komo Comfort Foods. The product line is focused on recreating vegan versions of traditionally cheesy and meaty comfort foods such as Lasagna, Shepherd's Pie, Chickenless Pot Pie, and a line of Plant-Based Meal HelpersTM. The Company's goal is to make plant-based meals a staple through feel-good food that connect people and planet. The products are sold direct-to-consumer via eCommerce, as well as in grocery, convenience, and natural retailers. Komo also offers ready-to-eat meals in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram:

https://komocomfortfoods.com/

https://pro.ceo.ca/@accesswire/komo-plant-based-foods-monthly-revenue-hits-all-time

by @accesswire on 8 Mar 2022, 07:01
Komo Plant-Based Foods Monthly Revenue Hits All-Time High

The Company recorded over $100k in revenue for the month of February alone, which overshoots the Company's previous all-time high in December of 2021 by 46%

VANCOUVER, BC / ACCESSWIRE / March 8, 2022 / Komo Plant Based Foods Inc. (CSE:YUM)(OTCQB:KOMOF)(FRA:9HB) ("Komo" or the "Company") a premium plant-based food company, is pleased to announce that it's February revenue catapulted to over $100k, a full 46% increase over Komo's previous best month of sales in December 2021.

"We are extremely proud of the momentum that the brand is gaining, and we have been focused not only on driving immediate sales, but also on laying the foundation for sustainable growth by strategic expansion of our distribution network, and customer-centric new product development," said William White, CEO of Komo. "We have an aggressive expansion strategy that we are implementing for the U.S. retail market, while also continuing to expand our distribution throughout Canada."

Since shipping its first pallet to the Quebec and Ontario markets at the beginning of this year, the brand is now available for sale throughout Quebec and Ontario in 40 locations, with agreements signed for 60 additional distribution points. This includes mainstream grocery stores such as Metro in Quebec, Sobey's franchises such as Foodland in Ontario, and specialty natural food retailers throughout Ontario including Ambrosia and Fiesta Farms.

Komo also delivered its first order to GTFO It's Vegan, a major plant-based eCommerce platform that is bringing Komo's products to consumers across the U.S.

"Just one year ago, we launched in our home market of Vancouver, and now we are serving customers across North America," added White. "Our customers are at the heart of everything we do, and their feedback is an essential component of our product development process. This focus on the customer has paid off, and in less than one year, we have received over 200 verified five-star buyer reviews online."

The Company's gross profit margin was at 35% during the most recently reported quarter ended October 31, 2021. The Company anticipates its gross margin to decrease slightly, but remain healthy as the Company focuses more resources on expansion efforts through wholesale channels, which deliver lower margins, but enable the company to earn greater market share and achieve other economies of scale.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that believes plant-based eating is the future, and that change can start with a single bite™. The Company develops, manufactures and sells a variety of 100% plant-based, preservative-free, hearty, satisfying, and wholesome frozen meals under its operating subsidiary Komo Comfort Foods. The product line is focused on recreating vegan versions of traditionally cheesy and meaty comfort foods such as Lasagna, Shepherd's Pie, Chickenless Pot Pie, and a line of Plant-Based Meal HelpersTM. The Company's goal is to make plant-based meals a staple through feel-good food that connect people and planet. The products are sold direct-to-consumer via eCommerce, as well as in grocery, convenience, and natural retailers. The frozen meals have a 1-year shelf-life. Ready-to-eat meals are also available in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc. will@komoeats.com
1-866-969-0882

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

by @accesswire on 11 Jan 2022, 12:00
Komo Plant Based Foods Now Distributed in Ontario and Quebec Through BRR Logistics, a Unilever Master Distributor

VANCOUVER, BC / ACCESSWIRE / January 11, 2022 / Komo Plant Based Foods Inc. (CSE:YUM)(OTCQB:KOMOF)(FRA:9HB) ("Komo"), a premium plant-based food company, is pleased to announce that BRR Logistics is now carrying all Komo frozen plant-based products for distribution, with a focus on Ontario and Quebec. BRR offers one of Canada's largest selections of high quality frozen consumer goods, working with some of the biggest brands and retailers in the world. BRR is a Unilever Master Distributor and directly services all national grocery banners including Loblaws, Real Canadian Superstore, Metro, The Northwest Company, Sobeys, Costco and Walmart. Additionally BRR services a large number of independent grocery accounts. Its weekly service points include the following jurisdictions; Saskatchewan, Manitoba, Nunavut, Ontario, Quebec and Atlantic.


"Myself and the entire team at BRR are really excited as we prepare to launch Komo Comfort Foods to major grocery retail in Canada. While focusing in Ontario and Quebec we will be making sensible and delicious vegan family options available on shelf for 2 in 3 Canadian households! We have watched as the brand exceeded expectations in Western Canada and we are hearing from buyers across Ontario and Quebec who have also noticed Komo and recognized the gap their products fill in the marketplace. There is an inventory position in Ontario now and we expect to see strong demand for Komo Comfort Foods in Q1 2022," says Michael Wakefield, President and CEO, BRR Logistics Limited.

BRR picked up its first order of Komo Plant-Based foods in late December 2021 and is now actively distributing Komo products across Canada, with a focus on Ontario and Quebec. BRR partners with TransCold Distribution, who began distributing Komo in October 2021, to major grocery chains in British Columbia and Alberta. Komo frozen plant-based products are now carried by five distributors - BRR Logistics, TransCold Distribution (which sells to Safeway, Save on Foods, Loblaws, Real Canadian Superstore, Fresh Co, Thrifty Foods, Whole Foods, Walmart, Nesters Market, Buy-Low Foods, Walmart, Costco, 7-Eleven, Shoppers Drug Mart, SPUD.ca and Pomme Natural Market in Western Canada), Dean's Dairy, Goodness Distributors and Nationwide Natural Foods (which focuses on delivering clean, natural products that cater to a certain lifestyle to major and independent grocery stores, specialty stores, coffee shops and bistros, including Sobeys, Choices, Quality Foods, Country Grocer, Save-On-Foods and Whole Foods across Canada).

In addition to selling through a retail network, Komo sells its products directly to consumers through its e-commerce website and at local farmers' markets. A full list of retail locations can be found at the company's website in addition to over 200 reviews from verified buyers.

About BRR Logistics Limited
BRR Logistics Limited (BRR) is a privately held Canadian corporation providing deep-frozen storage and distribution needs across the entire country. BRR's centralized operations are from a 100 000 sq foot, state of the art freezer facility in Brampton, ON. Utilizing a national dedicated deep frozen logistics fleet ensures all products reach their intended destination on time and in premium condition. Brands and retailers are supported by a full service customer team including strategic brand management, key account management, GS1 - ECCnet management, order entry as well as inbound and outbound EDI orders and invoicing. BRR offers one of Canada's largest selections of high quality frozen consumer goods, working with some of the biggest brands and retailers in the world. BRR directly services all national grocery banners including Loblaws, Metro, The Northwest Company, Sobeys and Walmart on a weekly basis whether direct to store or direct to warehouse delivery. Additionally BRR services a large number of independent grocery accounts as well as national and independent convenience and gas including 7-Eleven and Couche Tard. Weekly service points include the following jurisdictions; Saskatchewan, Manitoba, Nunavut, Ontario, Quebec and Atlantic. BRR partners with TransCold Distribution in British Columbia and Alberta. Suitably BRR Logistics Limited's head office is in one of the coldest capitals in Canada, Winnipeg, Manitoba.

About Komo
Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and has recently launched a new line - Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Komo's meals have a 1-year frozen shelf life. Komo also sells hot ready-to-eat meals in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.

Cautionary Statement Regarding Forward-Looking Statements
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or Komo's future performance. The use of any of the words "could", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Komo's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, Komo's product development plans, its ability to launch its products on food delivery apps, its ability to retain key personnel, its revenues, and its expectation as to the acceptance of its products by retailer stores and consumers constitute forward-looking information. Actual results and developments may differ materially from those contemplated by forward-looking information. Readers are cautioned not to place undue reliance on forward-looking information. The statements made in this press release are made as of the date hereof. Komo disclaims any intention or obligation to publicly update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as may be expressly required by applicable securities laws.

SOURCE: KOMO Plant Based Foods Inc.



View source version on accesswire.com:
https://www.accesswire.com/681995/Komo-Plant-Based-Foods-Now-Distributed-in-Ontario-and-Quebec-Through-BRR-Logistics-a-Unilever-Master-Distributor

by @accesswire on 5 Jan 2022, 12:05
Komo Plant-Based Foods Announces Record Revenues in December - with 35% Profit Margin Reported Last Quarter

VANCOUVER, BC / ACCESSWIRE / January 5, 2022 / Komo Plant Based Foods Inc. (CSE:YUM)(OTCQB:KOMOF)(FRA:9HB) ("Komo"), a premium plant-based food company, is pleased to announce it achieved record revenues for product sales in the month of December 2021. Komo's December revenues of $69,999 were 104% higher than the previous month and 51% higher than its previous highest revenue month, which was October 2021. Komo's gross profit margin for its three month interim period ended October 31, 2021 was 35%.

The increase in December revenues was mainly due to an increase in wholesale orders as Komo expands distribution to retail grocery chains. The December revenues also included revenues from the launch of Komo Eats hot meals through Uber Eats and Skip the Dishes.

Komo has experienced hyper growth since launching its brand on March 5th, 2021. Since that date, Komo introduced frozen, plant-based lasagnas, chickenless pot pies, bolognese sauces, taco fillings and shepherd's pies through eCommerce, at Farmers markets and its retail distribution network. Komo has also developed a line of vegan Mac & Cheeze, Jackfruit Chick'n and vegan wrap as hot entrees through meal delivery apps. These avenues are aligned with Komo's mission to make plant-based meals a staple at every dinner table. For full details on Komo's growth in revenues see it's reported financial results for the year ended July 31, 2021 and for the 3 month period ended October 31, 2021 please go to the issuer profile for "Komo Plant Based Foods Inc." at SEDAR.com.

"Our significant increase in revenues in December was a surprise since we experienced many delays in distributing our products outside of British Columbia due to weather conditions and widespread labour shortages," says Komo CEO William White. "We are very excited about our continued revenue growth as we expand throughout Canada and the United States. We know our products are well received by consumers as we continue to receive five star consumer reviews through our eCommerce platform and we are receiving consistent repeat orders in both wholesale and direct to consumer sales."

Komo follows a two tier approach for its product launches. All products are first launched locally through Komo's direct-to-consumer eCommerce platform in Metro Vancouver. Komo uses the consumer feedback to improve the product until it is ready for larger scale production through a co-manufacturing facility, and then gets distributed to retail stores through multiple distributors. Recently, Komo launched 11 new ready-to-eat meals through meal delivery apps and a ghost kitchen in Vancouver, British Columbia, allowing Komo another avenue for product development and customer feedback.

About Komo

Komo Plant Based Foods Inc. is a premium plant-based food company that develops, manufactures and sells a variety of plant-based frozen meals that are always hearty, satisfying, and made with wholesome ingredients. At Komo, our mission is to help make plant-based meals a staple on every dinner table by sharing our love for feel-good food that connects the people to the planet. We believe plant-based eating is the future and - Change can start with a single biteTM. Our experienced plant-based innovation and development team recreates vegan versions of traditionally cheesy and meaty classics, with 100% plants. Komo's products are sold direct-to-consumer through our eCommerce website and a distribution network of online and brick and mortar grocery, convenience and natural retailer channels. Our operating subsidiary Komo Comfort Foods launched in 2021 with our flagship products: plant-based Lasagna, Shepherd's Pie and Chickenless Pot Pie and has recently launched a new line - Komo Plant-Based Meal HelpersTM - versatile meal starters to allow the creation of many dishes at home. All of our products are 100% plant-based, made with wholesome ingredients, free from preservatives, and frozen for freshness. Freezing products is a natural and effective way of keeping food products for longer without having to use any preservatives. Our meals have a 1-year frozen shelf life. We also sell hot ready-to-eat meals in Metro Vancouver through Uber Eats and Skip the Dishes.

Learn more at: www.komocomfortfoods.com and follow on Instagram: @komocomfortfoods and @komoeats

For further information, please contact:

William White, President & CEO, Komo Plant Based Foods Inc.
will@komoeats.com
1-866-969-0882

The Canadian Securities Exchange has not reviewed, approved or disapproved the contents of this news release.