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| NGTF Prepares for Eventual Overseas Expansion with Filing for International Trademark Protection |
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 Hot Stock to Watch |
Company: Nightfood Holdings, Inc. (Pink Sheets: NGTF)
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Last:
Price: 0.68
Change (%): + 0.01 (1.49)
Volume: 29,125 |
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Nightfood Filing for International Trademark Protection Within Ice Cream Category
Tarrytown, NY, April 10, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Nightfood, Inc. (OTCQB: NGTF), the innovative company solving America’s $50 billion-dollar nighttime snacking problem, recently received notice from the US Trademark Office that all requirements have been satisfied for registration of the Nightfood mark for ice cream in the United States. Formal registration is expected in late spring. The Company has also begun the process of registering the Nightfood mark for its ice cream brand in select strategic international territories.
Management is making this move in response to numerous inquiries received from overseas entities wanting to introduce Nightfood ice cream to their local markets.
“While we’re not out there proactively seeking international opportunities at this time, we do feel overseas expansion is in our future assuming we’re able to properly execute here in the US first,” explained CEO Sean Folkson. “We’ve studied the international expansion paths taken by other disruptive brands in the ice cream space. Now, we’re simply taking appropriate steps to protect our intellectual property while maximizing enterprise value for our shareholders.”
Folkson wishes to point out that, while there are some ongoing talks with bona-fide international trade partners, investors should understand there currently is no firm timetable in place for international expansion.
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