Smokefree Innotec
Provides Strategic Growth Plan
and
Corporate Updates
Company
finalizing multiple
beverage M&A deals
Las Vegas, NV --
January 28, 2020 -- InvestorsHub NewsWire
-- Smokefree
Innotec (OTC:
SFIO)
("The
Company" or
"Smokefree")
a
manufacturer and distributor of
functional beverages in the health and wellness markets provides
corporate updates to shareholders and 2020 strategic
plans.
Smokefree is
concluding diligence on multiple acquisition targets focused in the
beverage sector to be brought under the Betta4U Brands, Inc.
portfolio of beverage
brands.
Over the
coming weeks,
Smokefree
intends to announce completed acquisitions to enter the energy
drink sector, as well as the
premium alcohol segment marking
its
official entry into the spirits market.
Chief Executive
Officer, Bernard Rubin, stated, "We have been extremely selective
in our acquisition strategy.
Through
our stringent evaluations we've identified multiple acquisition
targets that have established sales channels with national reach
and distribution. The company has huge
plans for 2020 and we're excited to announce entry into
new
segments, including premium alcohol spirits, which will diversify
our product offering and revenue streams."
Smokefree Innotec has
started providing the initial information to OTC Markets needed to
become current. In connection therewith, the company also plans to
seek a name and symbol change by application to FINRA in order to
better reflect the newly combined company's new business model. The
process has taken longer than anticipated and Management now
expects to have this completed during the first quarter of this
year.
Forward-Looking
Statements Disclaimer:
This
press release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
In some cases, you can identify forward-looking statements by the
following words: "anticipate," "believe," "continue," "could,"
"estimate," "expect," "intend," "may," "ongoing," "plan,"
"potential," "predict," "project," "should," "will," "would," or
the negative of these terms or other comparable terminology,
although not all forward-looking statements contain these words.
Forward-looking statements are not a guarantee of future
performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or
results will be achieved. Forward-looking statements are based on
information available at the time the statements are made and
involve known and unknown risks, uncertainty and other factors that
may cause our results, levels of activity, performance or
achievements to be materially different from the information
expressed or implied by the forward-looking statements in this
press release. This press release should be considered in light of
all filings of the Company that are contained in the Edgar Archives
of the Securities and Exchange Commission at www.sec.gov.
Contact:
Bernard
Rubin
Chief Executive
Officer
Email:
IR@betta4ubrands.com
About NEO Water:
NEO Water, founded in 2011 was
one of the first high pH alkaline bottled water brands to achieve
national distribution. Since 2011, the brand has seen consistent
growth and is carried in over 2,500 locations nationwide from small
to large retailers including Whole Foods Market, Giant Eagle, Acme
Markets and Fred
Meyer stores.
NEO Water is primarily distributed by UNFI, KEHE and select Direct
Store Delivery distributors to retailers across natural, grocery,
convenience, wellness and specialty channels of trade.
About Betta4U Brands:
Betta4U
Brands Inc. is a Delaware corporation
managing a growing portfolio of world-class beverages in the health
and wellness space. For more information,
contact IR@betta4ubrands.com.