Hestia Insight Announces Health and Wellness Products E-vending Machine Pilot Program – Yahoo Finance

Share Article

LAS VEGAS, NV, July 20, 2022 (GLOBE NEWSWIRE) — via NewMediaWireHestia Insight Inc. (OTCQB: HSTA), a Company focused on the development and operation of novel technologies in the healthcare and biotech sectors, as well as providing sales and marketing guidance and capital markets advisory services to its clients, today announced that its wholly-owned subsidiary, HSTA HEALTH INC., purchased ten fully-automated HealthyYOU E-vending machines in connection with the Company’s vending pilot program.
The technologically advanced, unattended HealthyYOU E-vending machines dispense healthy food, beverage, and wellness products to paying customers at the point of sale, accepting cash, coin, credit or debit cards, and payments by smartphones, watches and other devices. The Company’s goal is to create a technology-driven health and wellness vending business division through its purchase and operation of the HealthyYOU vending machines.
Edward Lee, the Company’s CEO, stated, “Our recent initial purchase of HealthyYOU E-vending machines as part of our vending pilot program is a culmination of our extensive research into the healthy foods and wellness vending machine market and the evolution of healthy food and wellness technologies. The goal of our vending pilot program is to provide us with additional insights into this burgeoning market so we may participate in and contribute to its growth.  Subject to the outcomes of our vending pilot program, we intend to purchase and operate additional E-vending machines on an ongoing basis within our new vending business division.”
Mr. Lee continued: “According to a March 1, 2022 article by smallbizgenius.net, there are currently more than 6.9 million vending machines in the U.S., and the U.S. vending machine market size was $36.5 billion in 2020. We believe that the traditional vending machine business is ripe for change given the technological advances of E-vending machines and that people are more health conscious today.  Should our vending pilot program prove to be successful, we envision owning and operating thousands of E-vending machines in the coming years.”
About Hestia Insight Inc.
Hestia Insight Inc. (“Hestia Insight” and the “Company”) is focused primarily on the healthcare and biotech sectors through the Company’s two wholly owned operating subsidiaries, Hestia Investments Inc. (“Hestia Investments”), and HSTA Health Inc. (“HSTA Health”). Hestia Investments provides strategic consulting, medical supply sales and marketing support, management, and capital markets advisory services for select micro, small and medium sized companies within the healthcare and biotech sectors. HSTA Health provides healthcare management and patient services and develops new healthcare technologies for neurological and psychiatric disorders. The Company is positioned to make strategic acquisitions of emerging growth companies with unique sciences and technologies. The Company intends to pursue the acquisition and development of healthcare related technologies in the healthcare and biotech sectors through acquisition, licensing, or joint ventures. The Company will also consider a third avenue of investing in certain technologies. The Company entered the healthcare sector to explore emerging healthcare technologies, especially growth companies that own and develop unique sciences and technologies.
For more information about Hestia Insight, please visit the Company’s website:
www.hestiainsight.com
Hestia Insight Investor Relations: investors.hestiainsight.com
Facebook: Hestia Insight Inc.
LinkedIn:  Hestia Insight Inc.
Twitter: @HestiaInsight
Hestia Insight is subject to the information and reporting requirements of the Securities Exchange Act of 1934, as amended, and, in accordance with the Securities Exchange Act, the Company files periodic reports, documents, and other information with the SEC relating to our business, financial statements, and other matters. These filings are available to the public on the Commission’s website at http://www.sec.gov.
Safe Harbor Provision
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, that are intended to be covered by the safe harbor created thereby. All statements other than statements of historical fact contained herein, including, without limitation, statements regarding the Company’s future financial position, business strategy, plans and objectives, growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates, are forward-looking statements.  Forward-looking statements generally can be identified by the use of forward-looking terminology such as “may,” “will,” “expects,” “intends,” “plans,” “projects,” “estimates,” “anticipates,” or “believes” or the negative thereof or any variation thereon or similar terminology or expressions.  Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from results proposed in such statements.  Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, it can provide no assurance that such expectations will prove to have been correct.  Important factors that could cause actual results to differ materially from the Company’s expectations include, but are not limited to, those factors set forth in the Company’s Annual Report on Form 10-K for the year ended November 30, 2021 and its other filings and submissions with the SEC.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.  Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.
Investor Relations Contact:
Paul Knopick
Tel: 940.262.3584
Email: [email protected]

Related Quotes
Berkshire Hathaway Inc said on Saturday that Vice Chairman Greg Abel, who is next in line to succeed billionaire Warren Buffett as chief executive, sold his 1% stake in the company's Berkshire Hathaway Energy unit for $870 million. In its quarterly report, Berkshire said the energy unit bought out Abel in June under an agreement among them and the family of the late billionaire philanthropist Walter Scott, which owns an 8% stake. Buffett's Omaha, Nebraska-based conglomerate took a $362 million charge to capital, reflecting the premium over how much the stake's value was reflected on its books.
Let’s talk about fuel, specifically, let’s talk about petrofuels. Prices spiked to more than $120 per barrel in June, but are down to approximately $90 per barrel now. Slowing demand from both industry and retail consumers, likely due to the technical recession of 1H22, is putting downward pressure on prices. You’re likely familiar with at least one immediate effect, the 80-cent drop in gasoline prices over the past 6 weeks. These and other effects are starting to ripple through the economy. Jim
(Bloomberg) — Some oil and gas companies are flush with so much cash that they are paying out a full year’s worth of dividends in a single day — and sometimes more than that.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItBuffett’s Berkshire Pounces on Market Slump to Buy EquitiesChina Announces Sanctions on Nancy Pelosi Over Taiwan TripTurkish Banks Are Adopting Russian Payments System, Erdogan SaysYOLO Stock Bulls Say Wake Me When Fed Tig
Are markets down, or up? Stocks went into a true bear market earlier this year, but the last few weeks have seen a strong rally. The S&P 500 has gained 13% from its mid-June trough, and the NASDAQ is up 19%. Put shortly, the last few weeks have been good for investors. This doesn’t mean, however, that we’re out of the woods. There are plenty of roadblocks still ahead to trip up an unwary investors, and Chief Investment Officer Larry Adam, from Raymond James, doesn’t hesitate to lay them out. “In
The focus on China's actions toward Taiwan puts the spotlight on the chip industry, and these are stocks to keep on the radar for possible volatility.
Households that make over $200,000 annually comprise just a sliver of all tax returns that are filed in a given year, but their movement between states can have a significant financial impact. When a state loses more high-earning tax filers … Continue reading → The post Where High-Earning Households Are Moving – 2022 Study appeared first on SmartAsset Blog.
Even if the Fed’s relatively aggressive balance-sheet shrinkage that starts next month means fewer interest-rate increases are ultimately needed, investors should brace for added volatility.
Kyrsten Sinema, the moderate senator from Arizona, reaches a deal with Democratic leadership to support the Inflation Reduction Act. The compromise could impose a 1% excise tax on stock buybacks.
The industrial giant will separate into three new companies that could be worth more than it is now.
MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Warren Buffett, the infamous 91 year-old Oracle of Omaha, is worth roughly $100 billion dollars — and could clearly spend frivolously. The guidance is that you will need roughly 3-12 months of essential expenses somewhere safe like a high-yield savings account.
Here's another cold, hard truth that many proponents of penny stocks don't tell you: Many low-priced shares stay low for a very long time.
Large-cap growth and clean energy stocks picked up steam, leading some of the best mutual funds and ETFs to post impressive returns.
Elon Musk enjoys and cultivates celebrity status as the CEO of Tesla . Fanboys of the executive fell over themselves at the Aug. 4 annual meeting to show their appreciation for Musk's role in developing electric vehicles. In addition to Tesla, he runs SpaceX, Boring Co. and Neuralink.
Better-than-expected results on the top and bottom lines were overshadowed by the company's third-quarter guidance.
Priced out of the market? It's time to pivot.
One of the main reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer better yields as long as investors are willing to accept the risks attached to owning them. Here are eight high-dividend REITs priced for less than $10 per share: Related: Invest Like A Wealthy Real Estate Mogul For Just $10 ARMOUR Residential REIT Inc. (NYSE: ARR) pays a 15.15% dividend, and it’s pr
(Bloomberg) — Investors have resumed shunning global stocks in favor of bonds, according to Bank of America Corp. strategists, who say the time is right to step back from US equities after the strong rally in July.Most Read from BloombergChina Announces Sanctions on Nancy Pelosi Over Taiwan TripChina Likely Fired Missiles Over Taiwan in Drills, Japan SaysDemocrats Drop Carried Interest as Sinema Paves Way for Tax VoteGlobal equity funds had outflows of $2.6 billion in the week through Aug. 3, a
The Apple (AAPL) empire might be spearheaded by its flagship product, the iPhone, but along with plenty of other hardware offerings, its Services segment has been growing at a fast pace. There’s also talk of a “game changing” AV/VR headset and even of an Apple Car at some point. But Needham analyst Laura Martin thinks there’s also the prospect of another big revenue stream. “We believe AAPL is in the early stages of building a new mobile advertising platform,” says Martin, who thinks ad revenue
Berkshire Hathaway's $6.3 billion hidden portfolio has piled nearly all of its capital into two sectors.
‘I have made an earnest attempt to get the bank to take their money back, so I was wondering if at any point or time the money would become legally mine.’

source

You might also like

Surviving 2nd wave of corona
COVID-19

Surviving The 2nd Wave of Corona

‘This too shall pass away’ this famous Persian adage seems to be defeating us again and again in the case of COVID-19. Despite every effort

@voguewellness