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Complete DD Package
Read the whole document and any questions feel free to ask or that I can add to this!
This took me a bit so I apologize for grammar or anything.
I did my best to provide sources to add credibility
*I’m not a financial advisor - none of this is advice*
Key Takeaways
Massively undervalued
OTC land hasn’t even woken up to this yet
Producing a large revenue
They have taken over New Zealand
Designed to scale rapidly
Partnered with the right companies (check chickenfrice as this is how they’ll expand globally)
Comprised of an international team of partners from Australia, Malaysia, New Zealand, Philippines, Singapore, US and UK that operates the following businesses in Australia, New Zealand, Philippines, and the USA
“Intellectual Property of producing premium quality and pillow-soft donuts. It supplies wholesale baked products to cafes, retail stores, and, petrol stations.”
Company Value: Using $30,000,000 as the estimated in gross revenue
Currently at 60 million market cap
Based on 10x revenue value the company should be trading at $0.48 cents per share
Based on 15x revenue value the company should be trading at $0.71 cents per share
My price target personally is $5-10 by end of 2022-2023. This is going to rapidly expand through Australia, Asia, Europe, USA and Canada
___________________________________________________________________
Understanding what we are looking at with sources and numbers.
SFIO consists of 5 companies; ACCORD, ARDENT BAKERS, A+ELECTRICAL, EPIPHANY CAFE, GORGEOUS COFFEE and based on Servebank -Agrokings is included .
Based on Servebank, SFIO does around 10 million or 20 million + depending on how you read this
“INVESTING
What do we invest in?
Active companies with experienced management, strong growth, and the potential to be market leaders.
Food Distribution, Food Manufacturing, and Healthcare related companies with annual revenues above $20 million.
Digital Marketing, Direct Marketing, Franchise and Telemarketing Companies with annual revenues above $10 million.”
We are either looking at 10 million or 20 + million (my take is 20 million + and I will show you why).
One interesting thing about Servebank is how all of the companies under them are all working together in a way (I’ll explain).
Let’s discuss Epiphany Cafe first
“ Epiphany Cafe has a food manufacturing facility and coffee roaster supplying to over 20 Epiphany franchise stores and 200+ retail stores across New Zealand with ongoing expansion projects in Australia and Asia.”
To franchise an Epiphany Cafe it costs roughly $200,000 minimum and each has roughly 6 employees.
“Investment levels start from $200,000, including fit-out, start-up costs and full training, with opportunities varying according to the size and style of outlet. Our kiosks are always popular, and if you’re looking for something bigger then the light cooking model provides higher returns. ‘It’s an exciting time, and we would love for you to join us.”
Franchising Source
https://franchise.co.nz/articles/2936-epiphany-cafe-br-take-a-bite/
“With the existing equipment, we can produce 5,400 donuts a day – the new factory doubles that so more outlets can be supplied,’ Jorge”
Meaning - 15,000 donuts a day are being produced.
Let’s talk about wages first and get an idea of costs for Epiphany Cafe
In New Zealand - you have to actually pay your employees a proper wage which is $18.90 an hour.
Each franchise has around 6 employees and calculating this x 20 would be quite the number
6 employees x 20 locations = 120 Employees (not even including Kiosks…)
120 x $18.90 (minimum wage) = $2,268
$2,268 x 7 hrs= $15,875
$15,856 x 6 (days they are open) = $95,256
$95,256 x 52 (weeks)= $4,953,312 (costs for employees)
We will use $3,500,000 as the number as some won’t work 6 days in a row or are part time.
This is NOT including 200 kiosks. Meaning they have costs way higher than $3,500,000
We can have fun with this though!
200 Kiosks open 5 days a week and let’s use 2 employees at minimum wage using 7 hrs a day.
200 x 2 (employees , could be more) = 400
400 x $18.90 = $7560
$7560 x 7 (hrs open) = $52,920
$52,920 x 52 (weeks) = $2,751,840
TOTAL COSTS: $6,251,840 (using $3,500,000 from franchises)
These numbers are important because that’s not cheap. This is good ps - surviving in NZ isn’t easy when you have to pay a living wage!
Let’s talk about their donuts now
15,000 donuts a day is;
4,680,000 donuts in the year from their factories which comes out to;
$16,380,000 if each donut is valued at $3.50. (photo for verification)
This is if they sell 15,000 a day - let’s say alone they sell half that or so.
$7,000,000 donut sales.
Offering catering
https://caterway.nz/catering/epiphany-cafe-riccarton/
Not even to mention that they sell 20+ different drinks and more.
It’s difficult to say what Epiphany Cafe is doing in revenue but based on 200+ kiosks and 20 locations my estimate is roughly
20-25 million in Gross Revenue minimum. I would believe even more but we will leave it at that for now.
Have you seen their Kiosks? This is a massive company and I think my numbers are too conservative (check photos uploaded. Kiosks 200+ and they look this amazing?
“Colour, impact and style! The kiosks developed for Epiphany Donuts have been a fast-moving affair, going from a Jam Design Collective developed concept kiosk in 2017 to eight stimulating kiosks from Hamilton to Auckland by the end of 2018.”
Meaning they opened up 192 since 2018….
Source: https://www.govt.nz/browse/work/workers-rights/minimum-wage/#:~:text=The%20adult%20minimum%20wage%20is,re%2016%20years%20or%20older.&text=If%20you're%20under%2016,%2C%20starting%2Dout%20or%20training.
https://www.zoominfo.com/c/epiphany-caf%C3%A9/442704611
Reviews
https://www.sluurpy.nz/rotorua/restaurant/2165739/epiphany-cafe
https://www.tripadvisor.com/ShowUserReviews-g255111-d14791989-r632742791-Epiphany_Cafe-Rotorua_Rotorua_District_Bay_of_Plenty_Region_North_Island.html
Branding
https://jamdesigncollective.com/epiphany-cafe
Prices - check image uploaded
https://new.grabone.co.nz/restaurants-bars-cafes/cafe/p/melba-albert-street
1 Cafe recorded by DND
https://www.dnb.com/business-directory/company-profiles.epiphany_nz_limited.56e966e13687ad19339444c18b8e671e.html
Hamilton Location doing $900,000 in sales (1 location) and I’m being conservative saying each doing $100K to $250K
Option 1: Conclusion for Epiphany Cafe
Locations: 220 +
Costs for Employees: $6,000,000
Estimate Revenue: $22,000,000-$55,000,000 (might be even more)
(based on each location doing $100,000 to $250,000 in sales per year)
Option 2: Conclusion for Epiphany Cafe (based on DNB report if 1 cafe not kiosk does around $900k +
Locations (cafe): 20
Locations (kiosks): 200
Costs for Employees: $6,000,000
Estimate Revenue (cafe) : $15,000,000 (based on each doing $750K doing sales)
Estimated Revenue (kiosks): $12,000,000 (based on each doing $60,000 in sales)
OR
Estimated Revenue (kiosks): $30,000,000 (based on each doing $150,000 in sales)
Total Revenue: $27,000,000 to $45,000,000
Sources
https://smallbusiness.chron.com/open-coffee-shop-estimated-annual-revenue-17563.html
https://www.sevenmiles.com.au/editorial/5-ways-to-improve-cafe-profit/#:~:text=According%20to%20the%20most%20recent,finally%20take%20home%20something%20themselves.
Epiphany Cafe and Asia, Australia.
“CHICKENFRICE Global (CHICKENFRICE) is registered in the USA. CHICKENFRICE supplies its specially blended sauces to over 500 food outlets, restaurants, and kiosks. CHICKENFRICE started its own franchise so that more people can enjoy its great tasting sauces with its modern twist of fusion meals consisting of Chicken, Fries, and Rice which has proven to be a hit with all communities.”
This here is the ticket into the USA - they formed a strategic partnership that will allow Epiphany Cafe to scale even faster into other markets.
“ Chickenfrice, we formed a strategic partnership with them to distribute our wholesale products in the PH but they’re not part of Agrokings Inc.” - SFIO
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Accord Investment Group - the company we yet know much about
https://www.dnb.com/business-directory/company-profiles.accord_investment_group_pty_ltd.6556fbaf3a5a2765441fd165591d1cf1.html
This is the only thing I can find - took awhile but not sure if it is the right company. I’m excited to find out either way since it’s a mystery.
-----------------------------------------------------------------------------------
ARDENT BAKERS is registered in New Zealand. ARDENT has 3 factories in New Zealand, strategically located nationwide so to cater to its customers in major cities. Ardent owns the Intellectual Property of producing premium quality and pillow-soft donuts. It supplies wholesale baked products to cafes, retail stores, and, petrol stations.
I believe Ardent is the one’s supplying the donuts to Epiphany but not 100% sure.
Key thing to take away
“Intellectual Property of producing premium quality and pillow-soft donuts. It supplies wholesale baked products to cafes, retail stores, and, petrol stations.”
https://www.bakerias.com/NZ/Hamilton/109750097311063/Ardent-Bakers
https://opencorporates.com/companies/nz/7139574
http://www.findglocal.com/NZ/Hamilton/109750097311063/Ardent-Bakers
Hard to say much about Ardent Bakers but I would believe they are selling their products through vendors and partnering.
Conclusion for Ardent Bakers
Locations: 3 Factories (believe these are Epiphanies)
Costs for Employees: ??
Estimate Revenue: ???
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A + Electrical
https://www.a-plus-electrical.co.nz/?fbclid=IwAR15BOObXkChxleWTXXNwnZVFsELqYlkLU1Eyj1NXUR2JYfaYBGY32UobYc
https://newzealand-company.com/co/a-electrical-limited
https://www.dnb.com/business-directory/company-profiles.a_electrical_limited.3b556e233dda6a56504dcee5ba562063.html
Conclusion for A + Electrical
Locations: 1
Costs for Employees: 1?
Estimate Revenue: $277,000 (2016)
This is either still on-going or not.
“He was also responsible for managing the multi-million operational and capital expenditures of an electricity distribution company in Hamilton; New Zealand “
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Gorgeous Coffee
https://www.dnb.com/business-directory/company-profiles.gorgeous_coffee_co_limited.dd5f720934e9c4a559c1b8082c33d761.html
Locations: 1
Costs for Employees: 5+
Estimate Revenue: $2.45 million
Licensing
https://gorgeouscoffeeco.com/contact/
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https://www.thehartford.com/business-insurance/strategy/selling-a-business/determining-market-value
https://a16z.com/2020/08/17/role-of-entry-multiples-in-valuations/#:~:text=A%20revenue%20multiple%20could%20therefore,*%2040%25%20EBITDA%20margin).
https://scalefinance.com/all-revenue-is-not-created-equal/
https://www.chickenfrice.com/aboutus.html
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Servebank - how lucky we really are.
http://servebank.com/team.html
https://www.zoominfo.com/pic/servebank-financial-inc/473323400
OUR TEAM
Chairman for SERVEBANK - Paul Hata
Paul has over 20 years of experience in business development and investments. Paul is currently the Chairman of SERVEBANK. SERVEBANK is a shareholder of several companies seeking to quote and list on the OTC Markets and NASDAQ. He spearheads the growth of the Group, identifying new markets, investment opportunities, and strategic partnerships. He works closely with the Board of Directors and other senior executives to expand the Group globally. Paul was a speaker at various business seminars, universities, colleges, and community events for over a decade. He started his career as a Planner for Unisys and Olivetti. He was the former CEO of First World Technologies that received strategic investments from Citicorp (Citibank). He is also currently the CEO of British Cambridge College, a non-profit college. Paul graduated with a Diploma in Business Administration from Cambridge International College, United Kingdom.
CEO for BCC - Ranielle Mendoza, MBA
Ran has over 10 years of experience in business development and training. He is currently the CEO (Chief Executive Officer) of British Cambridge College Inc. (BCC). He is responsible for achieving the college's annual growth targets by offering our accredited online programs to various professional organizations and educational institutions around the region whilst managing the college's operational governance for scale and growth. He will work closely with the Chairman and the Board of Directors to expand the college. BCC has trained over 10,000 healthcare, medical and business professionals in the last 6 months. BCC aims to acquire other training companies upon securing its listing and quotation on the OTC Markets. Ran was a former head of business development manager of Abbot Pharmaceutical and Regional Manager at Abbot Pharmaceutical (Nutritional Division). Ran has an MBA from the University of the Philippines and will be completing his Doctor of Law from the University of the Philippines by 2022
CEO for BRICAP - Andre Urbina
Andre has over 15 years of experience in asset management, finance, and brokerage. He is the CEO (Chief Executive Officer) for BRICAP Inc. He is responsible for achieving the company's annual asset and profit target by securing suitable assets for BRICAP whilst managing the company's operational governance for scale and growth. He will work closely with the Chairman and the Board of Directors to expand the company globally. Andre was the former Asset Management Director of Sellsia International Inc. He is instrumental in securing the assets and portfolios for Sellsia. He was also the former CEO of Skygarden Development and Country Representative for Castlepines Corporation, a pension fund from Australia, and Vision Finance, a capital brokerage firm based in London, United Kingdom. Andre graduated with a Bachelor of Visual Arts, majoring in Electronics from the University of Sydney, Australia.
CEO for CHICKENFRICE - Jay De Rosales
Jay has over 5 years of experience in business development and franchise marketing. Jay is currently the CEO (Chief Executive Officer) for CHICKENFRICE Inc. He is responsible for achieving the company's annual asset and profit target by securing suitable assets for CHICKENFRICE whilst managing the company's operational governance for scale and growth. He will work closely with the Chairman and the Board of Directors to expand the company globally. Jay has managed to successfully secure over 41 franchisees for CHICKENFRICE and expand the distribution of our wide range of meat sauces to over 2,000 outlets across the Philippines during the pandemic period. Jay graduated with a Degree in Engineering from Batangas State University.
Chairman for RML BUILDERS - Dr. Roland M. Roque, PhD
Roland has over 11 years of experience in business and management. Roland is currently the Chairman of 23 RML Builders Inc. (RML). RML is involved in the manufacturing and distribution of health products to large corporations and government departments. Roland is also the Chairman of Graceland 23 and Armoland Estate Corp which are involved in real estate development and currently owns and operates 5 city malls, Kenny Rogers Roasters, and Seattle’s Best franchise and Roland was formerly a Professor at Regina Carmeli College and also taught at the Immaculate Concepcion Major Seminary. Roland graduated with a Degree in Philosophy from Immaculate Conception Academy. He also received a Doctor of Philosophy & Business Administration (Honoris Causa) from Brethren Evangelical School of Theology. Roland completed his Masters in Public Administration from Bulacan State University and Masters in Psychology from the University of Santo Tomas.
CEO for SERVE CONSULT - Freddie B. Reyes
Freddie has over 20 years of experience in strategic investment, investor relations, and training. He is the CEO (Chief Executive Officer) for SERVE Consult. Inc. He is responsible for achieving the company's annual investment and fundraising target by securing approved and accredited investors for the company while managing the company's investor relations activities and its subsidiaries. He will work closely with the Chairman and Board of Directors to expand the company globally. Freddie is the Head of Investor Relations at Leisure & Resorts World Corporation, Member of the Board of Trustees, External Affairs, Institutional linkages for Philippine Women University, and a Teaching Fellow at the Institute of Corporate Directors. Freddie graduated with a degree in Science in Electrical Engineering from the University of the Philippines in 1985 and an MBA in Finance from the University of Pennsylvania, USA.
CEO for SERVE EQUITY - Marichor Clemente
Marichor Clemente has over 15 years of experience in direct sales marketing and network marketing. She is currently the CEO (Chief Executive Officer) for SERVE EQUITY Inc. She is responsible for achieving the company's annual asset and profit target by securing suitable assets for SERVE EQUITY whilst managing the company's operational governance for scale and growth. She will work closely with the Chairman and the Board of Directors to expand the company globally. She is also currently the Top Global Performer for Kyani Inc., a global health and wellness and fitness company in over 61 countries. She spearheads market expansion and is responsible for the company’s growth in the UAE and Africa. She was a speaker at various business seminars locally and globally. Marichor is also the Chairman of the Board of Hope and Inspire Academy; and Hope and Inspire Movement, a non-profit organization.
Chairman for SFIO - Jeths D. Lacson, CPEng, CAMA
Jeths has over 10 years of experience in business development and franchising. Jeths is currently the Chairman of SFIO. SFIO is involved in Asset Management, Food, and Franchise Business. SFIO has merged with AGROKINGS Inc; owner and operator of Epiphany Café Franchise Group, Ardent Bakers, Gorgeous Coffee Co., A+ Electrical, and Accord Investment Group (AIG). Epiphany Cafe has a food manufacturing facility and coffee roaster supplying to over 20 Epiphany franchise stores and 200+ retail stores across New Zealand with ongoing expansion projects in Australia and Asia. Jeths was formerly one of the lead technical consultants in setting up a Polytechnic University in Saudi Arabia for Waikato Institute of Technology (WINTEC) in New Zealand. He was also responsible for managing the multi-million operational and capital expenditures of an electricity distribution company in Hamilton; New Zealand Jeths graduated with a Degree in Electrical Engineering from Mapua University, Metro Manila, the Philippines in 2006. Jeths is a Chartered Professional Engineer (CPEng) and is a Certified Asset Management Assessor (CAMA) for ISO 55001.
BUSINESS TEAM
Europe Markets - Lord Angus Ogilvy
Lord Angus has over 20 years of experience in investment, financial services, and training. He is responsible for providing strategic advisory services, strategy design, funding, and stock exchange listing and consulting for sustained growth. Angus was born in the United Kingdom and has spent 14 years in Asia, running international businesses and setting up organizations, and running his own companies. In Asia, he ran Nielsen Financial, the world’s largest financial services research company, before moving into the more specialist field of corporate advisory and business growth. Angus graduated with a Degree in Accountancy and Finance with Economics from the University of Wales, United Kingdom.
Indo-China Markets - Chong Kok Hong
Chong has over 23 years of experience in business development, marketing, and investment. Chong is currently the Investment Director of S.E.A Business Centre and Uzbekistan-Singapore Tourism Centre and is responsible for bridging SME partnerships between ASEAN and Central Asia. Chong is also a Strategic Consultant and International Marketing Rainmaker of Pacific Sunrise Travel & Vacation Product Development (Shanghai) Co., Ltd. Based in Singapore, he founded MySuites Holdings, serving the travel experiential and tourism industry since 2014. He is also a Director for Well Genesis Medical Clinic, an integrated player in the wellness industry. Chong holds a Diploma in Production Technology from the German-Singapore Institute and a lifetime member of the Golden Key International Honour Society. Chong graduated with a Degree in Business Administration (with Distinction) from RMIT Australia.
Philippines Market - Ronald Clemente
Ronald has over 20 years of experience in business development and marketing. He is currently the Chief Marketing Officer and Director for SERVE EQUITY. He is responsible for achieving the company's annual asset and profit target by securing the various contracts and projects to SERVE EQUITY. Ronald was a former Captain with over 15 years of service as a Scout Ranger of the Philippine Army. He had been designated as Platoon Leader, Tactical Officer, Executive Officer, Company Commander, Operations and Intelligence Officer, Battalion Ex-Officer He received multiple recognitions that have amounted to 85 awards to date, among are numerous Gold, Silver, and Bronze Cross Medals, multiple Commendations, Ribbons, Certificate, etc.
Dr. Joseph Ross S. Jocson, Ph.D. MNSA ChE
Joseph has more than 26 years of experience in business and management. Joseph is currently the President of 23 RML Builders, Inc. He is also the Board of Director and Vice-President of the Asian Packaging Federation (APF) and Board Member of Environmental Management Bureau and Metro Manila Solid Waste Management Board. He is a Commissioned Lieutenant Colonel under the Army Reserve Command of the Armed Forces of the Philippines. Joseph graduated with a Degree in Chemical Engineering from the University of Santo Tomas in Metro Manila. He completed his Master’s Degree in National Security Administration (MNSA) from the National Defense College of the Philippines. He was awarded an Honorary Doctoral Degree in Humanities (Honoris Causa) from All Nations College in Antipolo City.
Frances C. Magundayao
Frances has over 20 years of experience in the education and real estate business industry. Frances was the founder of Grace College located in Quezon City, Philippines. She is also actively involved in Grace Cares Foundation that provides relief goods, feeding programs, and free scholarships. She is currently the FCO of AD71 Trading Company involved in the marketing and distribution of all-natural food supplements, 3-ply face masks, face shields, and medical-grade gloves to large corporations and government institutions. Frances graduated with a Degree of AB English major in Mass Communications in 1991 from Polytechnic University of the Philippines and also finished her Master’s Degree in English and Secondary Language in 1993 from Philippine Normal University.
Ricky G. So
Ricky has over 30 years’ experience in Financial and Investment Planning. Ricky is also currently the Investment Planning Director for Wealth Management Center for Communications & Research. He is formerly the SAVP for Training and Marketing for Philam Asset Management where he spearheaded all marketing-related activities, including the formulation of marketing strategies management of marketing events, promotions as well as the development of marketing materials for all mutual funds including the asset management company and Department Head, Sales and Portfolio Management for Imperial Commodities where he headed a team of 20 personnel for investment sales and traders, was in-charge of investing client’s portfolio both in the commodity futures and forex spot currencies, developed trading strategies for managed client’s portfolio in futures trading and spot forex trading. Ricky holds a Degree in Commerce, a Major in Accounting from Lyceum Northwestern University, and a Post Graduate from Ateneo Graduate School of Business.
Rufo Daniel Magallanes
Dan has over 30 years of experience in headhunting, corporate consultancy, speaking, and writing. Dan is currently the Chairman of MRC Group. Dan is responsible for managing the investments and investor relations activities of the company. He was a Human Resource Manager for a group of hospitals in the Middle East. As an expert in Executive Resourcing, he established Headhunter Manila in 1990 and was eventually awarded as the Youngest Business Professional given by President Fidel V. Ramos at the Malacanang Palace. Dan also writes for Philippine Star, Philippine Daily Inquirer, and other Arts and Lifestyle magazines. Dan graduated with a Degree in Business Economics from San Sebastian College and the first Filipino Fellow at the Singapore Institute of Management (SIM).
Ronilo D. Conde, CPA
Ronni is a Certified Public Accountant (CPA) and Attorney at Law. He has over 20 years of experience in accounting, tax, financial and risk management, audit, and legal and banking. He is currently the Legal Head of MRC Group Inc. and is responsible for legal matters in the company. Ronni was a former Vice-President of Philippine Postal Bank (Overseas Filipino Bank) before joining MRC Group. He started his career as a Junior Auditor and later moved to Republic Planters Bank as an Assistant Manager. He accepted an international assignment in Papua New Guinea as a General Manager for a shipping company. As a licensed Tax and Cooperative Development Authority (CDA) Practitioner, he gained exposure and experience with multi-nationals for 17 years. Ronni is a graduate of BSBA Accounting from the Philippine School of Business Administration and Bachelor of Laws from Manuel Luis Quezon University Law School. Ronni passed the Philippine Bar and is also a Certified Public Accountant.
Anna C. Ramos, CPA and CFA
Anna is a Certified Public Accountant (CPA) and a Certified Forensic Accountant (CFA). She has over 9 years of experience in auditing and accounting. She is currently the Finance Head and a partner of MRC Group Inc. She was the former Managing Director of Hudson Yards Consulting and spearheaded the growth of the firm. She was tasked to pursue services such as external audits, management advisory, systems, and procedures in multi-faced industries such as manufacturing, construction, real estate, fuel, logistics and distribution, import, and exports. Anna started her career at PricewaterhouseCoopers (PwC) as an Assurance Experienced Associate and oversaw audit for several blue-chip listed companies in manufacturing, consumer, financial services, business processes, water, fuel, and other industries. Anna graduated with a Degree in Accountancy from De La Salle University. Anna is a Certified Public Accountant and a Certified Forensic Accountant
Maria Melissa B. Anduque
Melissa has over 6 years of experience in sales and marketing. She is responsible for managing and coordinating the business relations between our company and all of our business partners. Maria also currently manages several of the outlets belonging to Brewshots, a cafe franchise that currently has over 45 outlets in the Philippines. Brewshots is planning for listing on the OTC Markets in the next 12 months. Melissa graduated with a Degree in Nursing from the University of the East Ramon Magsaysay Memorial Medical Center.
OPERATION TEAM
Compliance Manager - Leila Soriano
Lei has over 18 years of experience in banking and finance. She is responsible for the compliance procedures of the company, developing and overseeing control systems, legal guidelines, internal policies, evaluating the efficiency of controls, and improve and revise procedures, reports, etc. Lei has extensive experience in commercial banking. She is proficient in marketing strategies, financial analysis, various investment portfolios, and corporate loans. She was a bank manager at East West Bank, a relationship manager for corporate clients at the Bank of the Philippine Islands, and was elected as the President of the Metro Dagupan Banker’s Association. Lei was involved in the successful reverse merger of SFIO (OTC Markets) with Agrokings Inc. Lei is also currently the Director of British Cambridge College, a non-profit college. Lei graduated with a Degree in Accountancy from Saint Louis University.
Finance Manager - Kathleen Galvez, CPA
Kathleen is a Certified Public Accountant (CPA). She has over 9 years’ experience in accounting and finance. Her expertise includes financial reports preparation, tax filing, and statutory and audit compliance. She is responsible for managing the company's finances and is responsible for financial reporting, assess financial risks and opportunities, and oversee and manage lower-level financial managers. She also set and tracks the financial goals, objectives, and budgets of the company. Kathleen is also currently the CFO for British Cambridge College. She was a former Senior Accountant at Toshiba Global Commerce Solutions, Project Accountant at Upwork, and earned a Top-Rated Badge, Senior Accounting Analyst at IBM Business Service, and an Accounting Staff at Department of Environment & Natural Resources. Kathleen graduated with a Degree in Accounting from St. Louis College
CSR Manager - Jeff Hammett
Jeff has over 27 years of experience in Information Technology (IT) and community programs. He is currently the Manager of Corporate Social Responsibility (CSR). Before his position in the company, Jeff was involved in software development, maintenance, database design, hardware and software procurement, installation, quality assurance, and computer security for some of the US Government's complex projects. Jeff graduated with a Degree in Business Management with a major in Personnel and Labor Relations from the University of Maryland, USA.
Hi Ronda,
We are just waiting for OTCIQ to approve the attorney letter. ????
$SFIO Smokefree Innotec, Inc. Quarterly Report - Quarterly Report for the three month period ending 3-31-20 [Quarterly Report] https://t.co/MkhJN4HYYp
— SEC.report (@EdgarInsider) February 7, 2021
Time••
Boom tome guys.. letter out
This is the truth, if you can look past what email might be real or not. Historically speaking Cbbt ceo Erik is super keen and smart about when to announce the aquisition/filings/post acquisition new. Like Danny Gross said Eric didn’t obviously announce it first time in .01,second in .02,thing in .04 because he knows the value, and knows the bigger they keep growing with pkg before acquisition news the more value it becomes, and pps grows from FOMO and more popularity. That being said, a ceo would’ve been reckless to the shareholders to have announced that last week during chaotic market conditions and immediately unknowns from the Biden inauguration. I know Danny gross and 3 others have a big bid wall down at a low unknown pps, in case bashers wanna sell, the mms will swallow their shares before the wall or the wall will swallow them, and those players will be out. They will send it back up higher, because every delay has caused a higher pps step up!
It’s happening right before our eyes! $SFIO https://t.co/uBvhuY2JUl 🏆🏆🏆🏆@AgrokingsI @stocktrader114 @Realdiggler10
— HELMER (@GoldenGlobeGGA) January 29, 2021
Financials are in .. OTC
Filings are updated OTC.
$SFIO Updated financials. Look 👀👀 👇👇👇👇🚀🚀🚀 pic.twitter.com/nZVCuhJLRy
— HELMER (@GoldenGlobeGGA) January 29, 2021
They have been very good at updates, and never mislead. Just pray pray pray!
Don’t mislead everyone. They said in few days. My post is not to pump.. my post was to share the good news to longs who have held!
The actual message is on Twitter, not fishy
Omg so freaking excited.. just received ... Hi Ronda, we are working with our company attorney on getting SFIO current in the next few days. ??
Hi Ronda, we are working with our company attorney on getting SFIO current in the next few days. ??
All good Ronda, we understand ?? we’ll also give our best to make this venture a successful one ??
Hi Ronda,
Thank you for reaching out.
We’re on track in terms of paperwork and expecting to become current soon.
We’ll provide updates shortly.
Thanks
Hi Ronda,
It is also difficult for us to watch the stock price declining everyday due to the CE. Unfortunately we need to wait until CE is removed before we execute our plans (and comms). Rest assured that we will communicate closely with investors thereafter. Our entire team is also waiting patiently..??
Once CE is removed, “speed with precision” will be the key factor in implementing our E3 strategy (Enhance, Expand & Explore).. this is in relation to what was already disclosed by Servebank in the previous PR. Note however that a number of key projects and engagements are still to be disclosed. ??
Hi Ronda, our partner in the US is on to it and we’re expecting everything to be in place (including CE removal) by end of the month.
Pray for green!
You too!
I ask abt CE on their fb. They inform me This.
Hi Ronda,
We are closely monitoring the performance of SFIO on the OTC market. We are so grateful that a lot of investors have trusted the company even the CE is still up. This has kept our team motivated to continue working on projects and opportunities in the pipeline, majority of which are undisclosed at this stage. We are also hoping to “win back” the investors we are losing due to the CE.
Awesome!
Ty friend!
News would be awesome!
I wouldn’t say you were holding before me.. I recently just started posting. Been holding for sometime time!
Sounds like your on wrong board. Bc why would you be here if you didn’t have holdings... OH, you wouldn’t be!!!!
Hi Ronda,
While the sentiments of our investors are very important to us, we also have the obligation to ensure that we do things right from day one. We are very grateful about the investors’ positive outlook on our company even prior to SFIO becoming current on OTC. Considering the history of this ticker, our team has to demonstrate to the investors that we can be trusted and capable to generate and sustain opportunities for the company in a longer term. Having said that, we had to go through the process as part of the transition (i.e. ownership transfer, management appointments, deals/contracts finalisation, etc). Filings and CE removal are just the final steps in our overall plan. We had to wait for some of our internal plans to materialise which caused slight delays. However, we can now confirm that all internal plans/processes have been completed and filing/CE removal is expected very soon. In the background, our teams are doing what they do best - - growing the business and making great deals to ensure that every penny/dollar invested in SFIO will generate more opportunities for everyone involved. All exciting updates and plans will be shared with investors soon.
Thanks ??
Agrokings
Hi Ronda, apologies for not replying sooner. Our team is working through the process on getting the CE being removed soon. That included the recent approval (JAN 3) of ownership transfer of all NZ companies (i.e. Epiphany) owned by Agrokings Inc. We really appreciate your patience... It was really challenging for our team to work on getting approval through the holiday season. Rest assured that we are doing our best to expedite things that are within our control. We are already in the final stage of the process and we expect things to move quicker as most of the offices are back into business next week. ??
$SFIO its go time! “Verified profile“ on OTCM within last two hours and the ownership totals back on the Servebank website https://t.co/p1f96vaMo8 pic.twitter.com/Nb2GdwEH6f
— Suits & Stocks (@Suits_n_stocks) December 28, 2020