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Beyond Oil Strengthens Leadership With Appointments of Giora Bardea and Daniel Birnbaum to Advisory Board
Globenewswire· 2025-12-16 13:00
Core Insights - Beyond Oil Ltd. is transitioning from an early-stage startup to a global commercial growth company, focusing on reducing health risks associated with fried food while enhancing sustainability and operational efficiency [1][3][12] Leadership Appointments - Giora Bardea and Daniel Birnbaum have been appointed to the Advisory Board, bringing extensive experience in the food and beverage industry [1][2][4] - Bardea has over three decades of experience and has been instrumental in shaping Beyond Oil's global strategy and organizational structure [4][5] - Birnbaum is recognized for transforming SodaStream into a global brand and is expected to leverage his expertise in operational scaling for Beyond Oil [7][9] Strategic Transition - The company is moving towards a mature commercial phase with a focus on global sales execution, operational scale, and sustained growth [3][12] - International pilots have been completed, and distributor networks are expanding, indicating rising interest from major quick-service restaurant (QSR) chains [3][12] Advisory Board Role - The Advisory Board will guide the company in go-to-market systems, distributor management, scaling frameworks, operational readiness, and global strategy [10][11] - Regular meetings with senior management will ensure alignment and support for the company's transition to a sales-driven organization [11] Company Mission and Technology - Beyond Oil is dedicated to creating solutions that mitigate health risks, reduce costs for food service companies, and improve sustainability [13] - The company's patented technology significantly reduces harmful compounds in frying oil, addressing critical health concerns associated with reused oil [13]
EnWave to Report Fourth Quarter and Annual 2025 Financial Results on December 15, 2025 and Host Investor Conference Call 
Globenewswire· 2025-12-09 01:30
Core Viewpoint - EnWave Corporation will report its financial results for Q4 2025 and the fiscal year ending September 30, 2025, on December 15, 2025, before market opening [1] Group 1: Financial Results Announcement - The financial statements and Management Discussion and Analysis (MD&A) will be available on SEDAR and the company's website [1] - A conference call is scheduled for December 15, 2025, at 7:00 a.m. Pacific Time to discuss the results and business outlook [2][3] Group 2: Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and a proven drying solution for food, pharmaceutical, and cannabis industries [4] - The company has over fifty partners across twenty-four countries, utilizing its technology to create innovative snacks and improve existing products [5] Group 3: Business Strategy - EnWave's strategy focuses on signing royalty-bearing commercial licenses with food producers to enhance drying efficiency compared to traditional methods [6]
EnWave to Report Fourth Quarter and Annual 2025 Financial Results on December 15, 2025 and Host Investor Conference Call
Globenewswire· 2025-12-09 01:30
Core Viewpoint - EnWave Corporation will report its financial results for Q4 2025 and the year ended September 30, 2025, on December 15, 2025, before market opens [1] Financial Results Announcement - The financial statements and Management Discussion and Analysis (MD&A) will be available on SEDAR and the company's website [1] - A conference call is scheduled for December 15, 2025, at 7:00 a.m. Pacific Time (10:00 a.m. Eastern Time) to discuss the results and business outlook [2][3] Company Overview - EnWave is a leader in vacuum microwave dehydration technology, with a strong intellectual property portfolio and patented Radiant Energy Vacuum (REV™) technology [4] - The company provides a scalable drying solution that outperforms traditional methods in efficiency, capacity, product quality, and cost [4] Partnerships and Market Reach - EnWave has over fifty partners across twenty-four countries and five continents, enabling the creation of innovative snacks and ingredients [5] - The company's technology helps partners improve product quality, consistency, and market speed [5] Strategic Focus - EnWave aims to sign royalty-bearing commercial licenses with food producers to enhance drying processes compared to freeze drying, rack drying, and air drying [6] - Benefits include faster moisture level achievement, improved product taste, texture, color, and nutritional value [6]
GreetEat Corporation (OTC: GEAT) Highlighted in Forbes - “Can You Share Meals Over Zoom? One Startup Thinks So”
Globenewswire· 2025-12-03 14:37
Core Insights - GreetEat Corporation is a platform that combines video conferencing with food delivery to enhance remote dining experiences, recently featured in Forbes [1][2] - The company's mission is to bridge emotional and cultural gaps in remote meetings by facilitating shared meals through food vouchers and synchronized video calls [2][4] Company Overview - GreetEat Corporation (OTC: GEAT) aims to create meaningful connections through virtual dining, catering to various occasions such as business meetings and personal gatherings [4] - The company also owns WallStreetStats.io, a fintech app that utilizes AI and machine learning for real-time market analysis [4] Market Positioning - GreetEat is strategically positioned at the intersection of two high-growth markets: food delivery and video conferencing, capitalizing on the ongoing trend of remote and hybrid work [6] - The meal-voucher model has shown to increase attendance, engagement, and satisfaction among users, indicating its effectiveness [6] Investor Appeal - The platform's potential for enterprise applications makes it attractive for corporate HR departments and remote-first companies, providing scalable monetization opportunities [6] - Media coverage from Forbes enhances GreetEat's visibility among strategic partners and institutional investors, elevating its brand profile [6]
Beyond Oil to Present at The Benchmark Company’s Upcoming Discovery One-on-One Investor Conference in New York City
Globenewswire· 2025-12-02 13:30
Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food while lowering operational costs, minimizing waste, and enhancing sustainability [5] - The company has over 15 years of experience in creating solutions that mitigate health risks, improve sustainability, and reduce costs for food service companies [5] - Beyond Oil's patented technology has received regulatory clearances from the FDA and Health Canada, significantly reducing harmful compounds in frying oil [5] Health and Environmental Impact - The company's solution addresses the widespread practice of reusing frying oil, which is common in various food service settings, including restaurants, hotels, and institutions [5] - Research indicates that reused frying oil is linked to health risks such as cancer and cardiovascular diseases, and Beyond Oil's product aims to mitigate these risks [5] - Additional benefits of Beyond Oil's product include improved food quality, operational cost savings, and reduced environmental impact [5] Upcoming Events - Beyond Oil will present at The Benchmark Company's 14th Annual Discovery One-on-One Investor Conference on December 4, 2025, in New York City [1] - The conference provides a platform for emerging growth companies to engage with institutional and individual investors through one-on-one meetings [2]
Beyond Oil Reports Financial Results for the Third Quarter of 2025
Globenewswire· 2025-12-01 12:30
Core Insights - Beyond Oil Ltd. reported a significant revenue increase of 779%, rising from US$133K in Q3 2024 to US$1.2M in Q3 2025, indicating strong commercial expansion [1][5] - The company achieved a gross profit of US$550K in Q3 2025, with a gross profit margin of 47.1%, up from 39.8% in Q3 2024, reflecting improved cost efficiencies [5] - Beyond Oil's cash position strengthened to US$10.6 million as of September 30, 2025, compared to US$3.6 million at the end of 2024, bolstered by investments and warrant exercises [5] - The company is focused on building long-term partnerships and expanding its distribution network to support future growth [3][6] Financial Highlights - Revenue for Q3 2025 reached US$1.2 million, an increase from US$1.1 million in Q2 2025, showcasing ongoing commercial progress [5] - Operating expenses rose to US$2.4 million in Q3 2025 from US$0.8 million in Q3 2024, driven by strategic investments in marketing and operational capabilities [5] - The net loss improved to US$1.55 million in Q3 2025, down from US$2.7 million in Q3 2024, as finance income offset operational losses [5] Business Developments - Beyond Oil surpassed US$3 million in aggregate revenue, triggering the release of 4,882,101 milestone shares to original shareholders [7] - The company appointed Giora BarDea as VP of Global Strategy to enhance long-term planning and international partnerships [6][10] - A new supplier agreement with Sodexo Israel was established, expanding Beyond Oil's reach in the catering services sector [10]
Hap Chan, a Leading Chinese Restaurant Chain in the Philippines, Makes Repeat Order and Adopts Beyond Oil as the Standard in Their Frying Operation
Globenewswire· 2025-11-20 21:05
Core Insights - Beyond Oil Ltd. has achieved a significant commercial milestone with Hap Chan, a leading Chinese restaurant chain in the Philippines, placing a repeat order for its frying solution, indicating strong market acceptance and potential for further expansion [1][2][3] Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, lowering operational costs, minimizing waste, and enhancing sustainability [1][4] - The company has over 15 years of experience and offers patented technology that significantly reduces harmful compounds in frying oil, addressing critical health concerns linked to reused frying oil [4] Partnership with Hap Chan - Hap Chan has adopted Beyond Oil's solution as the standard for its frying operations, leading to measurable improvements in food quality, oil lifespan, operational efficiency, and sustainability [2][3] - Since the initial adoption, Hap Chan has expanded from 80 locations to over 100 nationwide, showcasing the scalability and effectiveness of Beyond Oil's product [3] Market Impact - The partnership reflects a growing trend in the food service industry towards healthier and more sustainable frying practices, with Beyond Oil's technology providing a solution to mitigate health risks associated with reused frying oil [4] - Beyond Oil's product is positioned to address a global issue in the food industry, particularly in environments where frying oil is reused multiple times, such as restaurants and catering services [4]
Beyond Oil Receives Final Approval for Uplisting to the Toronto Stock Exchange
Globenewswire· 2025-11-06 21:05
Core Insights - Beyond Oil Ltd. has received final approval for uplisting its common shares to the Toronto Stock Exchange (TSX), with trading expected to commence on November 13, 2025 [1][2] - The company aims to enhance visibility and access to institutional capital, which will support its growth strategy and mission to set a global standard in frying operations [2] Company Overview - Beyond Oil Ltd. is a food-tech innovation company focused on reducing health risks associated with fried food, improving sustainability, and lowering operational costs [3] - The company has over 15 years of experience and has developed patented technology that significantly reduces harmful compounds in frying oil, addressing health concerns linked to reused frying oil [3] - Beyond Oil's solutions are particularly relevant in various food service settings, including restaurants, hotels, and institutions, where the reuse of frying oil is common [3] - The product is backed by extensive research highlighting its effectiveness in mitigating health risks, including links to cancer and cardiovascular diseases, while also improving food quality and reducing environmental impact [3]
CULT Food Science Closes Debt Settlement
Thenewswire· 2025-11-05 00:55
Core Insights - CULT Food Science Corp. has successfully closed a debt settlement agreement to resolve outstanding debts totaling $132,500 [1] - The company will issue 8,833,333 shares at a deemed price of $0.015 per share as part of the settlement [2] - The board of directors believes that completing the debt settlement is in the best interest of the company to preserve cash for working capital [3] Company Overview - CULT Food Science is focused on pioneering the commercialization of lab-grown meat and cellular agriculture to transform the global food industry [4] - The company's investment strategy includes acquiring equity, debt, or other securities of various entities, and providing operational and advisory support to portfolio companies [4] - The objective of the company is to reshape the global food system while enhancing long-term shareholder value through innovation and active stewardship [4]
BranchOut Launches New Crunchy Fruit Multipack for Warehouse Club Expansion
Prism Media Wire· 2025-09-30 10:32
Core Insights - BranchOut Food Inc. has launched a new Crunchy Fruit Multipack aimed at expanding its presence in warehouse clubs, featuring 18 snack-sized bags of popular fruit crisps: Crunchy Pineapple, Crunchy Strawberry, and Crunchy Banana [2][3][6] Product Launch and Strategy - The new multipack is strategically placed in a high-traffic front-of-club section dedicated to multipacks for kids' snacks, which is expected to significantly increase foot traffic and sales volume compared to existing grocery department placements [3][4] - Each fruit in the multipack has shown strong performance in larger bag formats, indicating a solid foundation for incremental sales growth in the warehouse club channel [4][6] Market Demand and Consumer Preferences - The multipack is designed to meet the demand for healthier, clean-label snacks that appeal to both parents and children, providing convenient portions suitable for school lunches [6] - The product is made with 100% real fruit and no added sugar, utilizing BranchOut's proprietary GentleDry™ technology to preserve flavor and nutrition [6][8] Future Outlook - The Crunchy Fruit Multipack is set to launch at the beginning of the year, with strong interest already expressed from multiple regions, indicating positive market reception [7]