Nightfood Holdings Inc (NGTF)

[Kiwikid1]

Nightfood - Hotel Vertical - Brand Standard Status

Nightfood did not manage to gain adequate traction and sales at Walmart or Harris Teeters - current buyers at those locations do not see the vision of Nighttime Snacking.

Nightfood ice cream is still for sale in the midwest with placement around Chicago in all Jewel-Osco locations, Rouses Markets and Central Market in the south and some independent location out east around NYC.

Nightfood has made a strategic pivot away from the retail vertical into hotels where the Sleep-friendly Nighttime Snacking makes a lot more sense with the customer.
They have new snack formats of ice cream sandwiches and cookies that are close to production.

Nightfood is weeks away from national roll-out into the hotel vertical within a Top 5 International Hotel chain.

They have gained Brand Standard Status at the corporate level of this International Hotel BRAND.

If you are interested in learning more you can follow these links to the Nightfood SEC filings page and read the 03/02 & 03//15 submissions.

NGTF SEC Filings

IMO we will see some fairly significant announcements in the next few weeks - but I suspect that until the increased revenue actually hits the annual financial statements (likely not out until November) there may not be a huge change in the share price.

Unless of course the news is beyond what most here can imagine?!?