ROSSI JUST GOT BACK FROM CHINA & HAS ALL THE INFRASTRUCTURE SET IN PLACE.
& THE INFORMATION, SOMEHOW, JUST KEEP GETTING BETTER,,,
FNHI NOVEMBER 2018 REVENUES EXCEED ENTIRE 2017 TOTAL
"Toronto, Ontario,November 20, 2018 – Franchise Holdings International Inc., (OTCQB: FNHI) (or the Corporation) Worksport Ltd.’s parent company, announced that during November 2018, FNHI has booked a total of $432,024 in purchase orders. This exceeded the company’s entire 2017 audited revenues by 6 per cent. Worksport is an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for the light truck market."
"These orders do not include an additional 1,100 units of Worksport branded product just landed in the U.S., destined for sales to the 17,000 identified dealers in the U.S. alone."
In addition we are told,,,
"Rossi also said that the Ontario Securities Commission (OSC) has provided FNHI with initial comments concerning its Non-Offering Prospectus (NOP) filed on October 22, 2018.
We are pleased to report that our NOP is on track, Rossi said. With the help of experienced legal counsel, we have been working on our response. We are highly confident in OSC approval as a reporting issuer in Ontario within the very near future. After approval, FNHI will request a listing for its stock on the CSE."
As well as this,,,
"FNHI aims to schedule an Annual General Meeting (AGM), expected to take place sometime in December. At the AGM, management intends to discuss re-investing for future growth, possibly issuing dividends, or launching a stock buyback."
Me2Greedy loves to remind us that NO OTC STOCKS PERFORM AGMs. They don't want to actually meet real shareholders.
The recent spate of REAL NEWS continues. No fluff here. Eventually the landslide of ongoing POSITIVE "SIGNIFICANT MATERIAL EVENTS" will have to be acknowledged by the markets.
On top of the recent news regarding Canadian & U.S. orders listed below now we see this,,,
NEW AGREEMENT MEANS AN ESTIMATED $600,000 U.S. IN ANNUAL REVENUES; WILL POSITIVELY IMPACT Q4 2018
"Toronto, Ontario, Canada, Oct. 30, 2018 (GLOBE NEWSWIRE) -- Stock Market News – Oct. 30th, 2018 — Worksport, the wholly owned subsidiary of Franchise Holdings International (FNHI), has been awarded an open-ended, long-term, manufacturing contract for Tri Fold soft covers by a leading U.S. truck accessory distributor and manufacturer. Early estimates indicate Tri Fold sales will generate in additional Worksport revenues at least $600,000 U.S. annually."
Factual observation #9 has been up-dated accordingly!
Before we move on let's acknowledge the OTC landscape. Times2times2 accurately points out the following two alarming statistics,,,
Only 2% of OTC tickers have their float under 100M (FNHI: 85M)
Only 3% of OTC tickers have no convertible debt (FNHI: No toxic debt)
Please see factual observation #19
*NOTICE* This message will serve as a reminder of how Rossi, over a year & a half, brought this company current on a shoe string budget without diluting or taking on toxic debt. In addition it will be posted now & then for anyone new that wants a comprehensive description of this company's status.
News is beginning to come in on a regular basis!
Looks like the U.S. markets are opening faster than we anticipated,,,
WORKSPORT TO RECEIVE 1,100 UNITS DESTINED FOR U.S. MARKET, VALUED AT $203,000 USD.
"Toronto, Ontario, Canada, Oct. 08, 2018 (GLOBE NEWSWIRE) -- Franchise Holdings International, Inc. (OTCQB: FNHI), the parent company of Worksport LTD Inc., will shortly be receiving 1,100 units of its popular Trifold model in the U.S. This inventory will generate up to U.S. $203,000 in revenue for the company, expected within October to November, 2018. Arriving from Worksport’s proprietary overseas manufacturing facilities, the units are bound for the U.S. market. Worksport is also pleased to announce it now has a total of $189,438 in booked orders waiting to be filled, with new ordering arriving daily. Worksport is a growing company and expects to clear all back orders and grow revenues into 2019." "The shipments come shortly after FNHI secured the use of the Worksport name and logo for the U.S. market. This development paved the way to begin a dedicated U.S. sales effort."
This is on top of the recent Canadian orders,,,
WORKSPORT RECEIVES SECOND PRIVATE LABEL ORDER FROM CANADIAN MAJOR MASTER WAREHOUSE DISTRIBUTOR PROVING AN INNOVATING GROWTH STRATEGY
ORDERS FOR CUSTOM TONNEAU COVERS FROM CUSTOMER NOW EXCEED $200,000 USD Toronto, Ontario, Canada, Oct. 01, 2018 (GLOBE NEWSWIRE) -- Franchise Holdings International, Inc. (FNHI), the parent company of Worksport LTD Inc., has received a second private label order from a Canada-wide automotive master warehouse distributor resulting from a successful growth strategy. Worksport custom-developed the proprietary and patented tonneau cover, modifying one of its principal products. Orders from this industry leader now exceed U.S. $200,000. They are expected to continue and grow significantly throughout the year, said Worksport CEO Steven Rossi. Positioning Worksport for a strong end to 2018 and trending towards a record 2019. Worksport is an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for the light truck market with a new and innovating growth strategy. NOW WE KNOW THE IMPACT OF THIS PREVIOUS NEWS,,,
"Toronto, Ontario, Canada, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Franchise Holdings International, Inc. (OTCQB: FNHI), the parent company of Worksport LTD Inc. has received private growth investment for inventory growth totaling $175,000 U.S from two investors. They stepped forward independently. FNHI will use the funds primarily to purchase four containers of its Worksport products. Worksport is an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for the light truck market."
As a result of this information more new FACTS which outline positive "SIGNIFICANT MATERIAL EVENTS" have been added to this report!
When you consider that the float is pretty small & that all evidence points to the float being virtually locked it becomes difficult to predict how high FNHI can go near-term . The following is a list of FACTS,,, UNDENIABLE FACTS,,,
Also,,, Please note that we addressed the extremely weak attempts to undermine FNHI that are written in RED & as time went on virtually all the negative forecasts were PROVEN WRONG!
(*1*) FACTUAL OBSERVATION,,, Maybe the single most important FACT,,, FNHI CEO Rossi has not only shown tremendous discipline in maintaining share structure over the past year & a half,,, HE'S ACTUALLY REDUCED THE OS BY OVER 100 MILLION SHARES! That accounted for almost half the Out Standing shares of FNHI. We can not stress this FACT enough in so far as it alone separates FNHI from 95% of the OTC.
**Rossi Issued himself preferred. ,,, INSTEAD OF DILUTING & RIPPING OFF SHARE HOLDERS. But at least everyone admits that item NUMBER ONE is a FACT!
(*2*) FACTUAL OBSERVATION,,, As of 03/06/2019 the Shares Outstanding: 153,804,298
** Can't be denied,,,
(*3*) FACTUAL OBSERVATION,,, As of 03/27/2018 the Public Float: 85,533,568
** Can't be denied,,,
(*4*) FACTUAL OBSERVATION,,, FNHI has ZERO toxic debt.
** Can't be denied,,,
(*5*) FACTUAL OBSERVATION,,, FNHI has an on-line presence with Walmart, Amazon, Autoanything & others
**Anyone who wishes can sell on Amazon. ,,, TRY SELLING ONLINE THROUGH "AUTOANYTHING"
(*6*) FACTUAL OBSERVATION,,, Rossi has delivered on all the filings to bring FNHI current which has been verified by the SEC..
**Rossi Is perpetually LATE ,,, AT LEAST HE DELIVERED WHILE THE REST OF THE OTC ISSUES FLUFF & DILUTES!I might add WE DIDN'T WAIT LONG ON THIS LATEST FILING & each NEW critical filing took less & less time to publish!
(*7*) FACTUAL OBSERVATION,,, The OTC reached out to Rossi requesting him to file for an UP-list to the OTC-QB.
**OTCMARKETS gets $12,500 For QB, of course they “reached out”. ,,, $12,500 FEE IS A DROP IN THE BUCKET WHICH IS WELL WORTH THE EXPOSURE & RESPECTABILITY ACKOWLEDGED BY ALL TRADERS! THAT'S WHY "ALL" OTC CEOs WOULD LOVE JUST THE CHANCE FOR QB STATUS & SCRAMBLE FOR THE FUNDS TO PAY FOR IT & DON'T BOTHER SAYING "ALL THEY HAVE TO DO IS PAY FOR IT". THEY HAVE TO MEET THE REQUIRMENTS FOR OTC-QB JUST LIKE ROSSI DID. THINK ABOUT IT,,, IF OTC-QB WASN'T WORTH ANYTHING,,, NO ONE WOULD SHELL OUT THE MONEY FOR IT! (*8*) FACTUAL OBSERVATION,,, Rossi has sent in the required paperwork for an UP-list to the OTC-QB which has been verified by the OTC. Basically, at this point, OTC-QB designation is a formality & yet it's not priced into the PPS. CHECKED OFF,,, This is NOW just another Rossi accomplished reality!
**The so-called “uplist” is still on the OTC, that is not a real US exchange. ,,, WHAT'S NOT REAL? LOL $BILLIONS TRADE ON THE OTC-QB YEARLY!
(*9*) FACTUAL OBSERVATION,,, Rossi has submitted paperwork for a listing on the Canadian Stock Exchange. CSE listing should occur before the end of October. A NEW PR HAS JUST CONFIRMED WE "WILL" HAVE CSE LISTING WITHIN 60 DAYS. also, I won't be the least bit concerned if it takes a little longer.Again,,, The September 10th, 2018 $FNHI Conference Call with guest Paul Haber of GunPowder Paul stated he expects CSE listing in 60 days but acknowledges that CSE listing could occur sooner!
**We’ve heard THAT before. ,,, & WE WILL HEAR IT AGAIN RIGHT UP TO THE POINT THAT IT BECOMES JUST ANOTHER BULLIT POINT IN A LONG LIST OF ROSSI ACCOMPLISHMENTS! Up-date for #9,,,
"Franchise Holdings International Inc., Submits Non-Offering Prospectus with the Ontario Securities Commission to list on a Canadian Stock Exchange."
(*10*) FACTUAL OBSERVATION,,, FNHI being listed on the Canadian Stock Exchange means that Canadians will be able to buy FNHI in their LONG TERM HOLD CANADIAN TAX EXEMPT IDIVIDUAL RETIREMENT ACCOUNTS.
**”Able”, doesn’t mean the Canadian masses will, that’s speculation. ,,, LOL,,, CANADIAN RETIREMENT FUNDS WILL SCOOP UP BIG POSITIONS IN FNHI & TOUT HOME GROWN CANADIAN STOCKS WITH ACTUAL PRODUCTS & REVENUES EARLY IN THEIR GROWTH CYCLE THAT OBVIOUSLY HAVE HUGE POTENTIAL! ,,, IN "FACT" CANADIAN RETIREMENT FUNDS ACTIVELY SCAN CANADIAN MARKETS ALL THE TIME LOOKING FOR GEMS LIKE FNHI & THE MASSES WILL BE BUYING FNHI WITHOUT EVEN KNOWING,,, LOL LOL LOL,,, CAN'T WAIT FOR THE FIRST PR STATING "AS A RESULT OF CSE LISTING CANADIAN INSTITUTIONS & VENTURE FUNDS HAVE BEGUN ADDING FNHI TO THEIR PORTFOLIOS!"
By the way. As Bucky points out, we already have one DEEPLY COMMITTED CANADIAN INSTITUTIONAL INVESTOR,,,
(*11*) FACTUAL OBSERVATION,,, Rossi has been guaranteed financial backing from GunPowder for up to 18 months "WHEN" FNHI is listed on the CSE.That's 18 months beginning the day of listing.
** Can't be denied,,,
(*12*) FACTUAL OBSERVATION,,, GunPowder has already stated publicly that they are actively helping Rossi get FNHI listed on the CSE.
** Can't be denied,,,
In FACT if you read that 2016 PR outlining the deal between FNHI & GunPowder which Rossi has confirmed that the terms remain the same, you will get a couple big clues as to why GunPowder KNOWS that getting a CSE listing for FNHI is a virtual lock. Please use the link below to view supporting evidence.
(*13*) FACTUAL OBSERVATION,,, "FNHI,,, the parent company of Worksport LTD Inc. has received private growth investment for inventory growth totaling $175,000 U.S from two investors." Looks like we will be getting inventory a lot sooner than we anticipated!
(*14*) FACTUAL OBSERVATION,,, WORKSPORT RECEIVES SECOND PRIVATE LABEL ORDER FROM CANADIAN MAJOR MASTER WAREHOUSE DISTRIBUTOR PROVING AN INNOVATING GROWTH STRATEGY ORDERS FOR CUSTOM TONNEAU COVERS FROM CUSTOMER NOW EXCEED $200,000 USD
(*15*) FACTUAL OBSERVATION,,, Thankfully there are no lawsuits what-so-ever against FNHI, Worksport &/or Steven Rossi!
** Can't be denied,,,,,,
We haven't even mentioned WorkSport Trademark & how that directly opens US markets. However while we're on the subject, the WorkSport Trademark has directly resulted in the following,,,
(*16*) FACTUAL OBSERVATION,,, The WorkSport Trademark has in FACT opened the U.S. Markets!
"Unsolicited inquiry begins new Worksport U.S. sales effort"
"A major purchaser of private label tonneau/truck bed covers in the U.S. recently has also begun discussions with Worksport. The U.S. company is now sampling and testing Worksport’s proprietary and patented tonneau covers. It believes they display much higher quality than its present, well-known supplier, Rossi said.“FNHI has recently secured the rights to use the Worksport label and logo in the U.S.,” Rossi added. “The new private label discussions are a direct result of our ability to revive and grow our sales in the U.S. These two developments demonstrate the momentum that’s occurring across the continent and show the beginning of a successful growth strategy.” ,,,
This was quickly followed by another press release stating that basically the preceding comments have become JUST ANOTHER FACT, we've successfully entered the U.S. Market,,,
"Rossi stated that the flood of new U.S. orders was a direct result of securing the Worksport name for the U.S, Canada, and China."
& as of 10/30/18,,, Rossi said. “Momentum is occurring rapidly across the continent now that we can legally operate under the Worksport name in the U.S,”
** Can't be denied,,,,,,
(*17*) Steven Rossi continues to advance the FNHI Patent Portfolio which in turn adds value to the WorkSport Brand.
(*18*) FACTUAL OBSERVATION,,, Steven Rossi has never made a secrete of his game plan! But now it's in print,,, Acquisition Case Study
Our competitor, BAK industries, was founded by Julian and Israel Maimin in 1988. It entered the tonneau cover market in the early 2000s with the Bak Flip G2. Since then, BAK developed five products: BAK FLIP G2, F1, VP, CS, HD, and ROLL-X. They grew to $56 million estimated annual sales. BAK Industries also had a total of three U.S, patents protecting its products.
On January 1, 2014, what is presently known as “Truck Hero” (at the time THI) purchased BAK industries “For the six months ended June 30, 2014, cash used in investing activities consisted of $124.4 million for the BAK Acquisition and $2.0 million of capital expenditures” (Truck Hero S1).
As U.S. firms are buying up tonneau cover manufacturers so aggressively, then there is a larger trend on the horizon. It’s common now for single brands to encompass a half dozen or so previously private labels. These firms show no sign of slowing in their acquisitions either.
(*19*) FACTUAL OBSERVATION,,, As we pointed out earlier Times2times2 accurately states these 2 FACTS about the OTC,,,
Only 2% of OTC tickers have their float under 100M (FNHI: 85M)
Only 3% of OTC tickers have no convertible debt (FNHI: No toxic debt)
Now consider this,,, What is the percentage of tickers that have NO toxic debt out of the 2% of OTC tickers with a float under 100M?,,, NO DOUBT IN MY MIND THAT LESS THAN HALF A PERCENTAGE POINT OF ALL OTC STOCKS CAN TRUTHFULLY TELL THEIR SHAREHOLDERS THAT THEY HAVE A FLOAT UNDER 100 MILLION SHARES AS WELL AS NO TOXIC DEBT!,,, TRANSLATION,,, THIS STOCK'S SHARE STRUCTURE, "NO TOXIC DEBT" & ALL THE INFORMATION YOU JUST READ, PLACES IT IN A BETTER POSITION THAN 99.99% OF ALL THE STOCKS ON THE OTC!
**CAN'T BE DENIED,,,,,,
This is precisely the reason Rossi has no problem meeting shareholders & performing an AGM. He knows beyond a shadow of a doubt that he's not going to let anyone down. He just continues to outperform!
**CAN'T BE DENIED,,,,,,
(*20*) FACTUAL OBSERVATION,,, Everything's falling in place faster than we ever imagined...
FNHI NOVEMBER 2018 REVENUES EXCEED ENTIRE 2017 TOTAL,,,
**CAN'T BE DENIED,,,,,,
(*21*) FACTUAL OBSERVATION,,, Lest we forget our latest SEC filing was published within the required legal time threshold,,, IN OTHER WORDS IT WASN'T LATE!
**CAN'T BE DENIED,,,,,,
IN SUMMARY,,,
Money is starting to pour into this company, both through solid revenues & committed investments! All these FACTS are VERY EASY TO VERIFY by anyone willing to take a few minutes to research FNHI.
FNHI is certainly a STRONG BUY when compared to 99% of the OTC.
WE’VE FOUND THAT EVERYTHING WRITTEN IN RESPONSE TO THIS POST WAS IN "FACT" AN ACKNOWLEDGEMENT THAT THIS POST WAS "FACTUAL".
ALL ANYONE COULD SAY WAS "YES, BUT,,",,, LOL
EVERYTHING THAT'S BEEN STATED HERE IS BELIEVABLE BECAUSE,,, BOTTOM LINE,,, THEY'RE "FACTS".
As always, it's best that one does their own Due Diligence.
That is the best way to avoid non-sense as well as misinformation & helps one to simply focus on DOCUMENTED FACTS!
It's not even a question of "if" Simply a question of "WHEN",,,
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