Friday, July 19, 2024

Service on the Rise: How Automation and Nightfood Holdings Inc. (NGTF) are Redefining Hospitality

 

  • The Robot-as-a-Service market is dynamic, projected to exceed $170 billion in the next six years
  • Nightfood Holdings has acquired Future Hospitality Ventures in an all-stock deal that diversifies the CPG company and puts it on the leading edge of the RaaS revolution
  • The initial thrust for Future Hospitality restaurants, hotels and multiple senior care facilities, all of which are prime opportunities for Future Hospitality’s technology

The service industry is undergoing a major transformation. While exceptional service will always be a cornerstone of the guest experience, advancements in automation technology are revolutionizing how restaurants and hotels operate and compete. According to a recent filing with the SEC by Nightfood Holdings (OTCQB: NGTF), the up-and-coming global service robots market is projected to exceed $170 billion by 2030.

Nightfood, which made its name by developing and commercializing healthier versions of popular late-night snacks, acquired the Robots-as-a-Service company Future Hospitality Ventures Holdings, Inc. in an all-stock transaction. As the name implies, Future Hospitality is focused on pioneering innovation in the hospitality industry.

Traditionally labor-intensive and repetitive tasks like cooking, food and beverage delivery, and guest check-in are ripe for automation. To that end, robots and automation are efficient, tireless new additions to the hospitality team.

Imagine a cooking robot that prepares meals with meticulous precision, ensuring every dish meets the highest standards. Server robots can whisk meals directly to guests’ doors, eliminating wait times and freeing up staff for personalized interactions. Even the check-in process can be streamlined by AI-powered chatbots or self-service kiosks, allowing guests to settle in with minimal delay.

The benefits extend far beyond efficiency. Robots can work tirelessly, alleviating pressure on existing staff and reducing workplace fatigue. This translates to a happier workforce, which ultimately fosters a more welcoming environment for guests. Additionally, automation can contribute to cost savings, allowing restaurants and hotels to reinvest in guest amenities.

Forward thinking Nightfood Holdings is embracing this automation revolution. By incorporating robots into key aspects of their operations, Nightfood aims to provide guests with a seamless and personalized experience. Their innovative approach underscores the immense potential robotics holds for the hospitality industry.

Under the leadership of Sonny Wang, who was recently named the new CEO of NGTF, Future Hospitality has secured distribution agreements with industry-leading manufacturers United Robotics Group and Botin Innovation and has distribution agreements with at least one other global manufacturer expected to be signed in the coming months.

The initial thrust will be in California, one of the largest economies in the world, boasting over 83,000 restaurants, 19,000 hotels and 1,200 senior care facilities, all of which are prime opportunities for Future Hospitality’s technology. California is undergoing an industry-wide upheaval after incrasing minimum wage to $20 per hour for fast food workers. Many popular restaurants have already closed their doors in California. For those that remain, finding operational efficiency through automation may be the only path to continue operations.

While some may fear automation replacing human interaction, the reality is quite different. Robotics are here to augment, not replace, the human touch in hospitality. By automating mundane tasks, staff can dedicate their time to offering exceptional task management, creating bespoke experiences, and fostering genuine connections with guests. Ultimately, the human element remains irreplaceable, but with robotic support, hospitality professionals can operate at their peak, ensuring guests feel valued and well-cared for.

The future of hospitality requires a harmonious blend of human expertise and technological innovation. Robots have become more sophisticated and seamlessly integrated. The industry is transforming before your eyes. This allows operators to offer guests a new level of convenience and efficiency while preserving the core values of exceptional service and personalized experiences.

It’s either automate or go out of business.

For more information, visit the company’s website at https://ir.nightfood.com/

NOTE TO INVESTORS: The latest news and updates relating to NGTF are available in the company’s newsroom at http://nnw.fm/NGTF

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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ECGI Holdings Inc. (ECGI) Aligning Operations to Target Faster and Consistent Growth Trajectory Down Proven Path

 

  • ECGI Holdings is a diversified holding company with a distinctive portfolio that includes viticulture and luxury fashion
  • The company recently signed a binding Letter of Intent (“LOI”) to acquire all outstanding shares of Pacific Saddlery Inc., a renowned manufacturer and retailer of luxury equestrian tack, apparel, and accessories
  • The company also announced plans to launch a new line of ready-to-wear equestrian apparel under Pacific Saddlery’s celebrated Allon brand
  • ECGI is eyeing continued growth, driven by the introduction of the new Allon apparel line as well as more mainstream products, building on Pacific Saddlery’s equestrian roots
  • Hermès, one of the most recognizable luxury brands today, expanded from its equestrian roots to produce mainstream luxury products, a trajectory in ECGI’s longer term strategy

A simple search of the world’s most popular luxury brands presents a list of easily recognizable names and their accompanying logos. One conspicuous logo that perhaps stands out from the rest is that of Hermès; it depicts a man standing in front of a horse and its carriage, with the company’s name emblazoned thereunder. This striking logo, which has over the years become one of the most recognizable luxury logos in the world, signifies Hermès’ rich equestrian history and heritage, which was just a beginning.

Founded in 1837 in Paris, France, the company initially created harnesses before growing its portfolio of products in 1880 to include saddles. Fast forward to today, the company creates a whole panoply of products across various métiers, from perfume, beauty products, watches, ready-to-wear apparel, and accessories to leather goods, saddlery, silk and textile products, jewelry, and homeware. It’s a good example of the potential to grow from limited equestrian market roots, to comprehensive equestrian and finally comprehensive luxury markets. ECGI Holdings is now beginning on this same proven path, but at an expedited pace.

Analyses by Global Market Insights show that the global equestrian market, which is segmented into the equestrian equipment and tack market (https://nnw.fm/J4zdQ) and the equestrian apparel market (https://nnw.fm/Vykp3), is expected to grow from $17.5 billion in 2023 to $26.7 billion by 2032. This growth – coupled with the market’s lucrativeness, as evidenced by the fact that there are no publicly traded equestrian companies because they are simply so profitable that they can remain private – has drawn ECGI Holdings (OTC: ECGI), a diversified holding company with a distinctive portfolio that includes viticulture and luxury fashion.

Last month, ECGI signed a binding Letter of Intent (“LOI”) to acquire all outstanding shares of Pacific Saddlery Inc., a renowned manufacturer and retailer of luxury equestrian tack, apparel, and accessories. The company noted that this acquisition strategically aligned with its objectives of expanding its presence in the luxury brands sector as well as its commitment to building high-quality luxury brands (https://nnw.fm/EYyUj).

ECGI then announced plans to launch a new line of ready-to-wear equestrian apparel under Pacific Saddlery’s celebrated Allon brand. This collection is expected to cater to the burgeoning demand for quality equestrian apparel. The new line will be available online on Pacific Saddlery’s website and at Pacific Saddlery’s mobile retail trailer. In addition, the company will offer this new line for wholesale to expand its market reach (https://nnw.fm/x3TvJ).

With the launch of the Allon apparel brand ongoing, ECGI has its sights set on future growth, following a path that Hermès created many years prior. The company hopes to build on Pacific Saddlery’s equestrian foundation to progressively roll out more mainstream luxury products. This move is expected to expand the company’s market and product portfolio, putting ECGI on a trajectory of even faster and more consistent growth.

For more information, visit the company’s website at www.ECGIHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to ECGI are available in the company’s newsroom at https://nnw.fm/ECGI

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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Software Effective Solutions Corp. (SFWJ) Dedicated to Creating Unparalleled Tech, Labs, Facilities and Teams in Cannabis Space

 

  • MedCana offers a long list of proprietary essential services to its clients
  • The company’s team of pharmaceutical scientists includes some of the world’s most respected chemists
  • From initial grow to final product, MedCana helps partners produce pharmaceutical CBD and other extracts that have no equal

As the cannabis industry prepares to enter a new era with a pending schedule change in the Controlled Substances Act (“CSA”), Software Effective Solutions (d/b/a MedCana) (OTC: SFWJ) is committed to being a worldwide force for high-quality cannabis products. To achieve this lofty goal, the company is focused on building the technology, laboratories, growing facilities, and scientific teams needed to provide premium pharmaceutical-grade cannabis extracts to the world (https://nnw.fm/L9UnP).

Leading the way forward in the cannabis space, the company offers a long list of essential resources and services for its clients. That list includes proprietary blockchain technology to track every product from seed to the growing facility to the final product; a team of expert scientists, engineers and chemists from the United States and Colombia; state-of-the-art laboratory equipment; partners with growing facilities in Colombia; and an impressive international management team from the U.S. and Colombia.

MedCana’s team of pharmaceutical scientists includes some of the most respected chemists in the world. This extraordinary group is committed to ensuring that MedCana customers and partners can create premium pharmaceutical-grade cannabis extracts that satisfy the growing worldwide demand while also meeting the highest industry standards.

Unlike any other software in the market, the company’s proprietary software ensures traceability and quality from seed to products. In addition, one of MedCana’s partners will be a globally certified lab that will provide certification for distribution through the Pharmaceutical Inspection Co-operation Scheme (PIC/S). PIC/S presently comprises 54 participating authorities worldwide, including Europe, Africa, America, Asia and Australia.

As MedCana works to achieve its objective of becoming a worldwide cannabis-market force, the company’s initial emphasis is on partnering with and developing companies in Latin America with a focus in Colombia and partnerships with laboratories, research facilities, and hospitals throughout the world. “MedCana’s advantage is our global view and reach,” the company states. “From initial grow to final product, we’ll be helping partners produce pharmaceutical CBD and other extracts that will have no equal.”

Software Effective Solutions is a global infrastructure and holding company in the cannabis industry. MedCana currently has five companies focused on pharmaceutical cannabis production, as well a software company focused on managing processes for plant-to-patient operations. The recent acquisition of an irrigation and greenhouse technology company rounds out MedCana’s portfolio of holdings.

For more information, visit the company’s website at www.MedCana.net.

NOTE TO INVESTORS: The latest news and updates relating to SFWJ are available in the company’s newsroom at https://nnw.fm/SFWJ

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

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Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Outlines Plans for Fully Funded Exploration Program at Epworth Project

 

  • Aston Bay reports on 2024 exploration plans for Epworth sediment-hosted copper-silver-zinc-cobalt project located in Nunavut, Canada
  • Property has impressive copper, silver, zinc and cobalt grades at the surface
  • Project includes airborne electromagnetic and magnetic survey, geological and structural mapping, prospecting, and rock and lake sediment sampling

With silver and copper projections looking good for this year, Aston Bay Holdings (TSX.V: BAY) (OTCQB: ATBHF) has announced its 2024 exploration plans for its Epworth sediment-hosted copper-silver-zinc-cobalt project located in Nunavut, Canada (https://nnw.fm/arzL5). Aston Bay is a publicly traded mineral exploration company exploring for high-grade critical and precious metal deposits in Canada and the United States.

The company noted that it has $2 million in flow-through funds in place to be put to work this season, with additional financing available to support the planned exploration projects. Those projects include a 5,000 line-kilometer airborne electromagnetic and magnetic survey to identify copper exploration targets and delineate regional and property-scale structures, and geological and structural mapping, prospecting, and rock and lake sediment sampling, directed by Dr. Elizabeth Turner, to augment geophysical targeting. In addition, the company plans to hold community meetings in Kugluktuk to keep its community partners informed and involved.

“We are eager to get to work at our Epworth property,” said Thomas Ullrich, Aston Bay CEO. “The classic tale of exploration starts with high grade mineralization found at surface, then chased up with geological mapping and geophysical surveys that point to the drill targets leading to significant discovery at depth. That is how the major copper deposits of Central Africa were discovered, and that is our playbook for Epworth. We have impressive copper, silver, zinc and cobalt grades at the surface and are excited to begin the geophysical surveys and surface work to develop drill targets this season. And with drill permits already in hand and funding in place, we are ready continue on the path toward discovery next year.”

The potential at the Epworth property is promising. Mineralization at the location is similar in style to that in deposits of the Central African Copper Belt and Aston Bay’s Storm Copper Project. The company noted that chalcocite boulders at the surface yield up to 61.2% copper with 5,600 grams per tonne silver in select rock grab samples from more than 300 historic samples. In addition, recent prospecting rock grab samples yielded more than 37.8% copper, 27.4% zinc, 1,100 grams per tonne silver, 3 grams per tonne gold and 1,700 parts per million cobalt.

“Emerald Geological Services is excited to implement the 2024 field program in pursuing critical and precious metal discoveries, 30 years following the discovery of the chalcocite boulder by EGS’s founder,” said Bruce MacLachlan from Emerald Geological Services, vendor of the Epworth property.

The Epworth property is located approximately 80 kilometers southeast of the village of Kugluktuk (formerly Coppermine) in the Kitikmeot Region of Nunavut, Canada. Logistical access is provided by float plane and helicopter from Kugluktuk and the city of Yellowknife, 500 kilometers to the south. The size of the property has been significantly increased with recent staking. The property originally included 15 claims measuring more than 8,320 hectares; it now consists of 51 claims covering an area of 71,135 hectares.

Aston Bay is a publicly traded mineral exploration company exploring for high-grade critical and precious metal deposits in Nunavut, Canada, and the state of Virginia. The company is led by CEO Thomas Ullrich, with exploration in Virginia directed by the company’s advisor, Don Taylor, the 2018 Thayer Lindsley Award winner for his discovery of the Taylor Pb-Zn-Ag Deposit in Arizona.

The company is currently exploring the Storm Copper and Epworth properties in Nunavut and the high-grade Buckingham Gold Vein in central Virginia. The company is also in advanced stages of negotiation on other lands with high-grade critical metals potential in North America.

For more information, visit the company’s website at https://AstonBayHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to ATBHF are available in the company’s newsroom at https://nnw.fm/ATBHF

About NetworkNewsWire

NetworkNewsWire (“NNW”) is a specialized communications platform with a focus on financial news and content distribution for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled recognition and brand awareness. NNW is where breaking news, insightful content and actionable information converge.

To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 888-902-4192 (U.S. Mobile Phones Only)

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