VGP

Pocket.watch Taps AT&T/WarnerMedia Executive Xavier Kochhar To Become COO And CFO

Thursday, September 16, 2021 - 5:51pm

LOS ANGELES, Sept. 16, 2021 /PRNewswire/ -- Pocket.watch, the premiere kids and family entertainment company that creates global franchises from the YouTube stars and characters loved by Generation Alpha, today announced the appointment of Xavier Kochhar as its first ever Chief Operating Officer and Chief Financial Officer. The former AT&T and WarnerMedia executive will be responsible for overseeing pocket.watch's next phase of operational growth, as well as corporate strategy and M&A. 

Key Points: 
  • The former AT&T and WarnerMedia executive will be responsible for overseeing pocket.watch's next phase of operational growth, as well as corporate strategy and M&A.
  • As pocket.watch's COO and CFO, Kochhar will oversee the company's major business units, including Direct-to-Consumer, Content Sales and Distribution, Advertising, Consumer Products, Gaming, and Creator Partnerships.
  • This has created a massive opportunity for those independent content platforms who have proven they can deliver young audiences who are drawn to creator-based content, to fill this void," said Xavier Kochhar.
  • Kochhar was also a corporate executive at both The Walt Disney Company and L.E.K.

Plant&Co Announces New Corporate Strategy

Thursday, September 16, 2021 - 1:00pm

Organic growth through CPG & Food Service business models plus accelerating M&A

Key Points: 
  • Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF) ("Plant&Co" or the "Company"), a modern health and wellness company curating delicious plant-based foods, is pleased to announce a corporate update and its 2021-2022 strategy focus for overall firm-wide growth.
  • Overall, we developed a new company strategy for accelerated growth and profitability.
  • Plant&Co has established a set of operational milestones for the next 6, 12 and 18 months.
  • Over the next few months more details of Plant&Co's strategy will become apparent and communicated to its shareholders as those milestones are achieved.

Plant&Co Announces Results of Annual General and Special Meeting

Tuesday, September 14, 2021 - 1:00pm

All nominated directors and proposed resolutions approved by shareholders

Key Points: 
  • Brands Ltd. (CSE: VEGN) (FSE: VGP) (OTCQB: VGANF) ("Plant&Co" or the "Company"), a modern health and wellness company curating delicious plant-based foods, is pleased to report the results from its 2021 Annual General and Special Meeting (the "Meeting") of shareholders held on September 2, 2021 (the "Meeting").
  • A total of 35,302,869 common shares were voted at the Meeting, representing 33.8% of the issued and outstanding common shares of the Company.
  • Furthermore, the support at the special meeting provides a mandate for our new board members to execute on expansion plans into 2022 and take Plant&Co to the next level.
  • Plant&Co.

Plant&Co's Holy Crap Cereals Increases Production to Fulfill Orders from New Distribution Partners Including Longo's

Thursday, September 2, 2021 - 1:00pm

Holy Crap Breakfast Cereals continues growth trajectory adding 36 new Longo's locations

Key Points: 
  • In early 2021, Sobeys' parent company acquired a 51% stake in Longo's and its Grocery Gateway e-commerce business.
  • "Specialty grocery markets like Longo's are interested in our Holy Crap Breakfast Cereals because they care about the quality of product they sell to their customers.
  • Holy Crap is an organic breakfast cereal for today's consumer that expects their food to work hard for them.
  • It offers a growing number of delicious plant-based food products through two leading plant-based brands Holy Crap Foods Inc. and YamChops, the vegan butcher.

Plant&Co Announces Second Quarter Financial Results

Tuesday, August 31, 2021 - 5:33am

Posts record revenue and gross profit margins as the recently acquired YamChops and Holy Crap Brands start to gain sales momentum

Key Points: 
  • For the second quarter ended June 30, 2021, general and administrative expense was $1,111,746 a decrease of 53.8% from first quarter.
  • Accounting entries have been made on these two items which follows IFRS financial reporting standards.
  • Excluding the NON-CASH items, the total comprehensive loss this quarter was $1,484,410.
  • In the first quarter 2021, Plant & Co. made two important acquisitions in the plant-based food sector, acquiring YamChops and Holy Crap Brands.

Plant&Co Announces Signing of Arrangement Agreement

Monday, August 9, 2021 - 8:00am

Executing on plan to spin out its cannabis related assets to unlock dormant shareholder value

Key Points: 
  • On completion of the Arrangement, Spinco will become a reporting issuer in the Provinces of British Columbia, Alberta, and Ontario.
  • Prior to entering into the Arrangement Agreement, the Company entered into an asset purchase agreement (the "Asset Purchase Agreement") with Spinco whereby Spinco purchased the Assets from the Company for a purchase price of $1,000,000 payable by the issuance of 10,000,000 common shares of Spinco (the "Spinco Shares") at a deemed price of $0.10 per Spinco Share.
  • The Plant&Co Shareholders of record as at the Record Date will be eligible to vote on the Arrangement.
  • The Arrangement Agreement and Circular will be posted on SEDAR under the profile of Plant&Co.