FRANCHISE HOLDINGS INTERNATIONAL (OTCQB:FNHI) RECEIVES $175,000 USD PRIVATE GROWTH INVESTMENT TO BE USED FOR INVENTORY GROWTH...
September 20 2018 - 1:18PM
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.
More private FNHI investors expected
“This is just a start,” said CEO Steven Rossi. “We believe more
private individuals and believers in the company will help with
inventory growth. We like that they researched the company, and
were not known to us. Then they expressed interest in a growth
investment for FNHI. It made us very proud that we did not solicit
the investments in any way.”
Worksport to purchase four containers for inventory
growth
Rossi said that inventory growth is part of the
ambitious Worksport growth mandate. “In the next 90 days,
given our enviable margins, the inventory growth is expected to
return at least twice the investment,” Rossi said. “Our products
are seriously in demand.”
“We have built a community and are very
flattered by this new development, allowing inventory growth.”
Rossi said. “Investors are aware that we have gotten our regulatory
filings in order and up to date. They know FNHI has been uplisted
to the OCTQB market. It all means a lot to our future.” “The
momentum is happening,” Rossi added. “Inventory growth is just the
beginning.”
Forward-Looking Statements
This document may contain forward-looking
statements, relating to Franchise Holdings International Inc.
operations or to the environment in which it operates, which are
based on Franchise Holdings International Inc. operations,
estimates, forecasts and projections. These statements are not
guarantees of future performance and involve risks and
uncertainties that are difficult to predict, and/or are beyond
Franchise Holdings Internationals Inc.’s control. A number of
important factors could cause actual outcomes and results to differ
materially from those expressed in these forward-looking
statements. Consequently, readers should not place any undue
reliance on such forward-looking statements. Franchise Holdings
International Inc. disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
About Franchise Holdings
International
Please visit our website to read more about Franchise Holdings
International, our revenue growth and our
future expectations from this growth investment:
https://www.FranchiseHoldingsInternational.com
Feel free to get in touch with our management team
using our contact page:
https://FranchiseHoldingsInternational.com/contact-us/
For more information, contact:
Franchise Holdings International
investors@franchiseholdingsinternational.com
https://franchiseholdingsinternational.com/
1-888-554-8789