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| NGTF Looks to Finish 2018 Strong on National Media and Bold Management Moves |
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 Hot Stock to Watch |
Company: Nightfood Holdings Inc. (Pink Sheets: NGTF)
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Last:
Price: 0.1688
Change (%): - 0.0212 (11.16)
Volume: 4,900 |
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Nightfood CEO Sean Folkson Exercises $120,000 Option to Acquire Shares of NGTF Above Market at $.30/Share
The CEO of Nightfood Holdings, Inc. (OTC: NGTF), Sean Folkson, recently issued a detailed letter to his shareholders outlining what he believes is a very bright future. He did not stop there, he put his money where his mouth is and exercised an option to purchase 400,000 shares at $.30, using accrued salary. It’s not only a strong show of faith in this company’s brand, but also a vote of confidence for the rest of the investors.
Folkson is the single largest shareholder in the company – his success is his company’s success. Find out more about what inspired Folkson to take the plunge with his expiring options.
The Right Moves
Folkson sees not only where the multi-billion snack food industry is headed, but also where his company fits into its larger future. The strategies of NGTF are targeted to capitalize on a market desperate for late-night consumables that fit the consumer’s dietary needs. 44% of all snacking is done at night, according to IRI Worldwide, a huge market that no one has previously specifically catered to.
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Can this “sleep-friendly” ice cream really help you catch more zzzs?
NightFood’s new line of soporific frozen confections aims to crack the $50 billion nighttime snack market. We try out the latest in functional food.
When that midnight craving hits, you’re not reaching for baby carrots or a handful of almonds. You’re more than likely grabbing the good stuff: Cocoa Puffs, Oreos, or that seductive pint of Häagen-Dazs chocolate chip cookie dough.
A recent survey found that more than half of Americans consider ice cream an evening snack, with an additional quarter classifying it a late-night indulgence. Ice cream was named the second most popular night snack choice, according to research firm Mintel.
The truth is, all that fat and sugar right before bed is actually disruptive to catching those zzzs. But since some traditions are not to be messed with, what if we could tweak that frozen wonder to make it a little bit less taxing on one’s body?
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