Replies to post #11351 on Kisses from Italy Inc (KITL)

[TripTrap]

Based off of what sir? It may happen but have you done ANY research on this company...ANYTHING? What a gift if it were to drop further... Go time is very near!

[MartinLutherKing]

Live the dream news Kisses From Italy and Celebrity Chef, Scott Conant, Targeting New York City As Home For Their Joint Ventures' New Concept Flagship Location
Tuesday, May 9, 2023 9:00 AM
Kisses from Italy Inc.
Kisses from Italy Inc.
http:\\www.kissesfromitaly.com
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Company Update
MIAMI, FL / ACCESSWIRE / May 9, 2023 / Kisses from Italy Inc. (OTCQB:KITL),a publicly listed U.S.-based company, restaurant chain operator, franchisor, and product distributor with locations in the United States, Canada and Europe and new business partner celebrity Chef, Scott Conant, have chosen New York City as home to the group's new brand. The team, along with the help of Richard Kave, Executive Managing Director of Lee and Associates NYC, experts in the New York real estate market, have already begun to scout potential sites across Manhattan.

Claudio Ferri, co-CEO, CIO and co-founder of Kisses from Italy commented, "We are excited at looking into the New York City, Manhattan area for the first location which we believe is ideal, to launch our new restaurant brand. The support and feedback that Kisses from Italy has received since announcing the strategic alliance with Scott and his team, has been amazing and bodes well for our shareholders. Soon, we will be rolling out the brand name, concept and everything it entails." Ferri added, "I would like to acknowledge that we have received a lot of questions concerning the next steps. In response to those questions, we want to ensure that our group has taken all the necessary steps to protect all aspects of our intellectual property and trademark of the new brand. We have not revealed the name and full concept yet due to some of the filing delays we have encountered, but we are confident we should be able to share this exciting news shortly."

Scott Conant, Food Network celebrity chef, two-time James Beard Award-winning chef, and cookbook author, commented, "While I'm no longer based in New York City, a piece of my heart will always belong there. Some of the most pivotal moments of my career happened in NYC, working in various kitchens for almost three decades and I still cherish those experiences. I can't wait to start another chapter with this fast-casual brand together with Kisses From Italy and plant more roots there soon."

Michele Di Turi, President, co-CEO and co-founder of Kisses From Italy also commented, "We have been blessed with this incredible opportunity to be working on this new brand with Chef Scott, Dan Rowe of Fransmart and their teams. Our new alliance with Scott has the Kisses from Italy team thinking about repositioning and elevating the overall Kisses From Italy brand, current locations and products in retail stores, for future growth. Granted some of the decisions in the short term may be difficult, but in our team's opinion, the path ahead of us, has never been clearer and the potential is arguably undeniable. Our strategy will involve repositioning the overall brand and its products into new strategic demographic areas that will bring long-term value and increase our brand awareness and exposure. The team is excited about bringing on new products that are traditional yet innovative for retail and overall distribution." Di Turi continued by saying, "We are also very excited that our new concept set up and layout will be incorporating hoodless and ventless technology. Significantly reducing a location's set up time, while adding versatility to the menu and potentially reducing the required space needed. All positive and attractive factors when looking for potential sites and ever more important for our future franchisee partners and the setting up of new locations."

This announcement of Kisses From Italy and Food Network celebrity Chef Scott Conant setting their sights on New York City as the home of the group's first location follows the recent announcement of the newly formed strategic alliance between Kisses From Italy and Scott Conant and with franchise industry giant Fransmart, who will take the lead on the global development and franchise sales for the new brand and concept.