Kisses from Italy Inc (KITL)

[Fire_starter]

Boss this ain't no mom and pop shop
Bloomberg
Business
Kisses From Italy Inc. Signs Multi-Unit Development Deal for 100 Locations in Canada
23 June 2020, 09:02 GMT-4
The newly-signed agreement anticipates the opening of 100 franchises across
Canada

MIAMI, FL / ACCESSWIRE / June 23, 2020 / Kisses from Italy Inc. ("Kisses From
Italy" or the "Company") (OTCQB:KITL) announced today, that following the
recent opening of Kisses From Italy's European location, in Italy, and with
its first Franchise Agreement for the state of California now complete, the
Kisses from Italy restaurant group continues its expansion plans with the
signing of a Multi-Unit Development Agreement for 100 locations in Canada.

The Agreement was signed with Canadian-based Demasar Management Inc.
("Demasar") which will be taking the lead role as the developer / operator of
the Kisses From Italy brand in Canada. "We are excited to be working with
Demasar on developing the Canadian market for our brand. We believe Demasar's
background of restaurant development, and solid network of experienced
professionals from various backgrounds, will significantly strengthen the
team's efforts as we gear up for the next phase of our long-term growth
strategy. Our teams perfectly blend together, since Demasar shares our passion
and commitment for the brand, which continues to propel Kisses From Italy
forward", commented Kisses From Italy's co-founder, co-CEO and CIO, Claudio
Ferri.

"We believe there is a huge potential for a brand like Kisses From Italy to be
established and scaled throughout Canada," said Michele Di Turi, also a
co-founder, President and co-CEO of Kisses From Italy. "We are confident that
Canada will play a pivotal position in the implementation and growth of our
international distribution plan." In addition, Di Turi stated, "with the new
deal in place for Canada, we expect to see the immediate development of Kisses
From Italy restaurants across the country."

About KISSES FROM ITALY Inc.

KISSES FROM ITALY is a U.S. based restaurant chain operator, franchisor and
product distributor with locations in North America and Europe. The Company
offers a quick service menu and a unique take on traditional Italian
delicacies with an All-American flair. Kisses From Italy offerings include
sandwiches, salads, Italian roasted coffee, coffee related beverage and an
array of other products. The Company currently operates four corporate owned
stores. It successfully commenced operations in May 2015 with the opening of
its flagship location in Ft. Lauderdale at 3146 NE 9th St. This was followed
by three additional sites across the greater Ft. Lauderdale/Pompano Beach
area. The Company recently opened its inaugural European location in Ceglie
del Campo, Bari, Italy, in October 2019. In September 2019, the Company's
common stock was approved for trading by FINRA and in mid-October 2019 was
approved for up-listing by the OTC Markets Group to the OTCQB under the symbol
KITL.

Forward-Looking Statements

This press release may contain forward-looking statements, which are based on
current expectations, forecasts, and assumptions that involve risks and
uncertainties that could cause actual outcomes and results to differ
materially from those anticipated or expected, including statements related to
the amount and timing of expected revenues and any payment of dividends on our
common and preferred stock, statements related to our financial performance,
expected income, distributions, and future growth for upcoming quarterly and
annual periods. These risks and uncertainties are further defined in filings
and reports by the Company with the U.S. Securities and Exchange Commission
(SEC). Actual results and the timing of certain events could differ materially
from those projected in or contemplated by the forward-looking statements due
to a number of factors detailed from time to time in our filings with the SEC
. Among other matters, the Company may not be able to sustain growth or
achieve profitability based upon many factors including, but not limited to,
general stock market conditions. Reference is hereby made to cautionary
statements set forth in the Company's most recent SEC filings. We have
incurred and will continue to incur significant expenses in our expansion of
our existing and new service lines, noting there is no assurance that we will
generate enough revenues to offset those costs in both the near and long term.
Additional service offerings may expose us to additional legal and regulatory
costs and unknown exposure(s) based upon the various geopolitical locations
where we will be providing services, the impact of which cannot be predicted
at this time.

For more information, please visit www.kissesfromitaly.com

Co ntact Information:

Kisses from Italy Inc.
305-423-7129
[e-mail]

SOU RCE: Kisses from Italy Inc.

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isses-From-Italy-Inc-Signs-Multi-Unit-Development-Deal-for-100-Locations-in-Cana
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