$SFIO Announces Merger and Change of Control Business Wire "Press Releases - English"
LAS VEGAS --(BUSINESS WIRE)-- Publicly-held Smokefree Innotec, Inc. (OTC Pink: SFIO) announces the completion of the reverse takeover by Betta4u Brands Inc. and confirmation of SFIO business model shift to the health and wellness retail products market.
The focus and strategy going forward in the coming weeks will be to bring the status of the company current with OTC Markets, and begin to reveal existing contracts and revenues as well as the strategy for growing the business model exponentially with planned acquisitions, stated Bernard Rubin , Chief Executive Officer. We have received several new contracts with national brands that we will be announcing in the coming weeks and Im especially excited about these new contracts will mean for our future revenues.
Betta4U Brands Inc. announced the acquisition of high pH alkaline bottled water company NEO Water in February, 2019. The acquisition leads Betta4U's target of $100 million in annualized revenues from a growing and expanding portfolio of beverage companies to be acquired over the next 24 months. The acquisition of NEO Water was comprised of primarily cash and stock.
