Nightfood Holdings Inc (NGTF)

[Sputnik]

Yes, indeed!

Folkson has stated previously that additional distribution points, ongoing media coverage, and positive consumer response can serve as additional proof points of what the future holds for the brand. For the rollout, led by former long-time Unilever ice cream executive Jim Christensen, Nightfood has established a target of 10,000 points of retail distribution secured by March 31, 2020. The team is in discussions and various stages of the sell-in process with many of the largest supermarket chains in the country with the peak of ice cream review season quickly approaching.

Nightfood has now successfully secured distribution in four of the top fifty supermarket chains in the United States within six months of manufacturing their first pint of ice cream. Management is projecting profitability and revenues greater than $3 million in the fourth quarter of 2019.