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Monday, August 02, 2021 2:52:58 PM
"...We continue to build our team with the addition last quarter of Jerry Isaacson, CPA. His appointment adds institutional knowledge in working with Walmart and big box stores, as well as specialized expertise in club channels.
Jerry brings decades of ice cream industry experience having founded multiple fast-growth companies in the space, manufacturing under license from Unilever, Jelly Belly, and Ferrara.
The Company is in the process of expanding its Board of Directors. Establishing an esteemed, independent Board is an important step in elevating our corporate status and is also a pre-requisite for uplisting to a major exchange.
We anticipate building a team with extensive experience in food & beverage, retail, nutrition & health, finance, human capital management, and regulatory matters, as well as strong records of driving operational results.
We have recently engaged the law firm of Ruskin Moscou Faltischek, P.C. to handle our ongoing corporate and securities law matters.
This New York based law firm has been in business for over 50 years and was the firm of record in the completion of our recent Form S-1 filing.
We have engaged LHA Investor Relations, a leading national strategic consulting agency for small-cap public and private companies.
Led by Keith Lippert, LHA specializes in market intelligence, communications and positioning, pre- and post-IPO support, and uplisting.
Our seasoned investment banking firm, engaged in February 2021, had a material impact on attracting institutional investors to the company and completing the most significant financing in our corporate history.
As new opportunities continue to present themselves, our banker, Reid Drescher, is now an integral member of our team.
We expect our shareholders to benefit from the addition of this collective expertise, experience and oversight.
The team is working together to realize the significant value-enhancing opportunities that lie ahead for Nightfood as a brand, and as an investment vehicle.
In summary, our recent capital infusion is expected to provide Nightfood with the funds required to grow through 2021, allowing us to build our leadership, expand our distribution, grow our brand, and create new opportunities for the future benefit of our Company.
I extend a thank you to our shareholders, and to everyone involved in this successful financing.
Our many recent milestones signal market acceptance and excitement over the new category Nightfood is pioneering.
I expect our transformational 2021 to continue as we say farewell to spring. I wish all of you a summer of prosperity, health, and happiness."
Sincerely,
Sean Folkson
Nightfood Founder & CEO
sean@nightfood.com
https://ir.nightfood.com/press-releases/detail/201/nightfood-issues-shareholder-letter
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