0001493152-20-002015.txt : 20200212 0001493152-20-002015.hdr.sgml : 20200212 20200212090022 ACCESSION NUMBER: 0001493152-20-002015 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20200212 ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20200212 DATE AS OF CHANGE: 20200212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Franchise Holdings International, Inc. CENTRAL INDEX KEY: 0001096275 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 650782227 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27631 FILM NUMBER: 20600273 BUSINESS ADDRESS: STREET 1: 3120 RUTHERFORD RD STREET 2: SUITE 414 CITY: VAUGHAN STATE: A6 ZIP: L4K OB2 BUSINESS PHONE: 1-888-554-8789 MAIL ADDRESS: STREET 1: 3120 RUTHERFORD RD STREET 2: SUITE 414 CITY: VAUGHAN STATE: A6 ZIP: L4K OB2 FORMER COMPANY: FORMER CONFORMED NAME: TMANGLOBAL COM INC DATE OF NAME CHANGE: 19991005 8-K 1 form8-k.htm

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported):

February 12, 2020

 

FRANCHISE HOLDINGS INTERNATIONAL, INC.

(Exact Name of Registrant as Specified in its Charter)

 

Nevada   000-27631   65-0782227
(State of
incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

3120 Rutherford Road

Suite 414

Vaughan, Ontario, Canada L4K 0B2

(Address of principal executive offices)

 

888-554-8789

(Registrant’s telephone number, including area code)

 

N/A

(Former Name or former address if changed from last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

[  ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
[  ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common  

FNHI

  OTC Markets

 

 

 

   
 

 

Item 7.01 Regulation FD Disclosure

 

On February 12th, 2020 Franchise Holdings International (“FNHI”) issued a press release announcing that its wholly owed subsidiary Worksport, is to have its products distributed on the Amazon marketplace. The corporation is finalizing the terms of the distribution agreement in the coming weeks. A copy of the press release is attached hereto as Exhibit 99.1. The information in this Item 7.01 and the exhibit attached hereto are furnished to, but not filed with, the Securities and Exchange Commission.

 

Exhibit No.   Description
99.1  

Worksport Brand of Truck Bed Tonneau Covers to be Distributed by Amazon

 

   
 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

February 12, 2020

 

Franchise Holdings International, Inc.  
   
  /S/ Steven Rossi  
By: Steven Rossi  
Title: Chairman of the Board, Chief Executive Officer  

 

   
 

 

EX-99.1 2 ex99-1.htm

 

Exhibit 99.1

 

News Release

 

Worksport Brand of Truck Bed Tonneau Covers to be Distributed by Amazon

 

In a year of multiple leaps forward for Worksport in intellectual property, access to Amazon marketplace is expected to be major development.

 

TORONTO – February 12, 2020 — Franchise Holdings International Inc., (OTCQB: FNHI) (or the “Company”) Worksport Ltd.’s parent company, expects to soon begin distribution of Worksport tonneau covers for the light truck market through the Amazon.com, Inc. Marketplace.

 

“In a year of major developments, such as three new granted U.S. patents in 2019, the new relationship with Amazon, a $282 billion company, is expected to start 2020 with another giant leap forward,” said Worksport and FNHI CEO Steve Rossi. “For Worksport to distribute our products in the U.S., our principal market, with one of the world’s greatest companies, is something about which we are incredibly proud and excited.”

 

Rossi believes the Amazon relationship will be a key driver in Worksport’s revenue growth and brand recognition in coming 12-24 months. Amazon ships an average of 608 million packages each year, which equates to (an estimated) 1,600,000 packages a day. “As any observer would realize, access to this channel is expected to mean a great deal to FHNI and Worksport,” Rossi said. “In a year in which importantly protected our valuable intellectual property, this development is like the icing on the cake, almost beyond our wildest imagination.”

 

Rossi added that when the partnership is completed and signed, Amazon will purchase and stock its products from Worksport and Worksport will set the Minimum Advertised Pricing (MAP) and monitor the price. Worksport is working to stock materially different and non competing model covers that are unique to Amazon as a way of protecting its many present dealers and distributors. “We will not sell the same light truck tonneau covers to two different markets,” Rossi said. “Both channels will be protected using exclusive product configurations.”

 

The terms of the agreement will be finalized over the coming weeks and the company expects to grow this relationship to global distribution in prime markets.

 

##

 

   
 

 

About Worksport Ltd.

 

Worksport Ltd., a fully owned subsidiary of Franchise Holdings International. Inc. is an innovative manufacturer of high quality, functional, and aggressively priced tonneau/truck bed covers for light trucks like the F150, Sierra, Silverado, Canyon, RAM, and Ford F-Series. For more information please visit www.worksport.com

 

About Franchise Holdings International

 

Listed on the OTCQB Market under the trading symbol “FNHI” and currently in the process of a dual listing on a Canadian Stock Exchange, Franchise Holdings International’s strategy is to acquire business in the fastest growing business segments and to create shareholder value in the process. Once a business of interest is acquired, our mission is to further develop and accelerate the growth for all of our acquired subsidiaries. Currently the Corporation has one fully owned subsidiary, Worksport Ltd.

 

For further information please contact:

 

Mr. Steven Rossi

CEO & Director

Franchise Holdings International

 

T: 1-888-554-8789

E: Investors@franchiseholdingsinternational.com

Website: www.FranchiseHoldingsInternational.com

 

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. No Stock Exchange or Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

 

   
 

 

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