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Greenfield Farms Food Inc. (GRAS)

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Greenfield Farms Food, Inc.

Market Value1 $623,534 a/o Jan 22, 2014
Shares Outstanding 652,840,771 a/o May 30, 2014
  Authorized Shares   950,000,000                                                                                                                                                                                                                                                                

Greenfield Farms Food Provides Corporate Update on Subsidiary Carmela's Pizzeria Co's Implementation of Its National Franchising Program and Current Operations                                           


Progress on the National Franchising Program

The Company said today that it has completed arrangements for financing to fund the first phase in the development of its national franchising program for the Carmela's Pizzeria concept. This financing is scheduled to close on February 15, 2014, subject to the negotiation and completion of the definitive loan documents; and is being provided by a Minneapolis-area private equity fund with a philosophy more aligned with Company goals and the preservation and enhancement of shareholder value. The initial phase of the national franchising program is development of the Franchise Disclosure Document ("FDD"). The FDD is the legal document presented to prospective franchise buyers in the presale process. Additionally, the Company is in the candidate review and screening process for selection of a national franchising director. The candidate review and screening process has been narrowed down and the company expects to have an announcement in the short term. In addition, the Company is presently developing the franchising operating system, collateral marketing materials and supporting legal documentation.

Current Company-owned Operating Units

As previously reported, there are now four Carmela's Pizzeria units in operation and all of these units exemplify the various franchising concepts to be offered by the Company. In addition, the Company has developed plans to add additional Company-owned operating units during this year's term and into the next. Plans are also underway to develop a prototype Carmela's Pizzeria unit in the southern US, and newly-risen opportunities have made us focus on the state of Florida. We look forward to updating you as we are about to put our plans into action.

Ron Heineman, Chairman and CEO of the Company and Carmela's Pizzeria, said, "We are more than excited about our national franchising program as this is the area where more rapid company growth will be evidenced through the addition of nationwide franchised units. Carmela's Pizzeria restaurants in every State of the country. This is a vision we are committed to and have every intention to implement."

Greenfield Farms Food Provides Overview of Carmela's Pizzeria Revenues

  12/19/2013 @ 10:00AMGreenfield Farms Food Provides Overview of Carmela's Pizzeria Revenues

WEST PALM BEACH, FL--(Marketwired - Dec 19, 2013) - Greenfield Farms Food, Inc. ("Greenfield" or the "Company") (OTCQB: GRAS) announced today through its wholly-owned subsidiary, Carmela's Pizzeria CO, Inc., that its Ohio-based Carmela's Pizzeria units located in Centerville, Springboro and New Carlisle are currently achieving sales at a rate to realize an estimated aggregate of $2,000,000 (unaudited) in annual revenue for 2014, including sales from the addition of a fourth unit currently scheduled for opening this month. 

It is important to note that the Company acquired the assets of Carmela's effective October 1, 2013, and therefore only the fourth quarter results for 2013 will be reflected in the Company's audited financial statements for the year ending December 31st. Also, the fourth unit scheduled for opening this month and its start-up costs will affect the final audited financials in both 2013 and 2014. 

Ron Heineman, Chairman and CEO of Carmela's Pizzeria, said, "We are very pleased with the performance of the restaurants as they are comparable or in some cases exceed the typical numbers posted by similar franchise restaurants. In addition, we are working to enhance our numbers by adding additional profit centers such as Carmela's Treats and alcohol service in select locations." Heineman added, "These are exciting times for our expanding company. Our national franchise marketing program is quickly taking shape and we look forward to providing regular updates in the coming weeks ahead. In the meantime we want to wish all our loyal shareholders a safe and happy holiday season."


Greenfield Farms Food Announces Carmela's Pizzeria National Franchising Program

Date : 12/17/2013 @ 10:00AM

Greenfield Farms Food Announces Carmela's Pizzeria National Franchising Program

WEST PALM BEACH, FL--(Marketwired - Dec 17, 2013) -  Greenfield Farms Food, Inc. ("Greenfield" or the "Company") (OTCQB: GRAS) announced today details from its planned national franchisee program. The Company is currently going through an arduous selection process to bring on board a national franchising director. The Carmela's franchising concept involves three separate business elements including:

  • A full-service dining room menu comprising a Carmela's Pizzeria and including a limited pizza buffet and alcohol and a Sports Grill. 
  • A smaller Carmela's Pizzeria with full menu dining room including limited pizza buffet, delivery and carry-out. 
  • A Carmela's Pizzeria delivery and carry-out model similar to those of the leading pizza delivery chains.

In addition, there is a Carmela's catering division as a separate business unit that prospective franchisees may add to build sales and profits. A Carmela's Treats walk-up window concept may also be added providing a separate profit center offering ice cream desserts.

The Carmela's Pizzeria management has considerable experience in the food industry including franchised pizza and other fast-food operations. Darren Dulsky, President and COO of Carmela's Pizzeria, has been in the restaurant industry since 1976 and worked for Friendly Ice Cream for 15 years as manager, training coordinator and district manager. He also worked for 8 years in the Sbarro pizza chain as a Senior VP of Operations where he held management oversight for over 130 units covering 17 States. Mr. Dulsky developed the Carmela's concept and opened the first location in 2004. 

Ron Heineman, Chairman and CEO of Carmela's Pizzeria, has investments in several service-sector companies including restaurant concepts such as Wendy's and Frisch's Big Boy Restaurants. Mr. Heineman was previously employed for 23 years as VP of HR and Training with Frisch's Restaurants, Inc. operating Big Boy, Golden Corral and other specialty restaurants including company owned and franchised restaurants in the Midwest.

Mr. Heineman commented, "We are excited about rolling out this national franchise concept building on the success we have built with the current Carmela's Pizzeria brand. We have tremendous confidence in our management team to execute the program given our extensive experience in both the franchise pizza and fast-food spaces."

Mr. Henry Fong, Chief Financial Officer, added, "We are going full speed ahead with our plans to make Carmela's a super successful national pizza franchise. The company looks forward to providing regular updates in the coming weeks ahead ."

Local Dayton Daily News...


Four Great Carmela’s Pizzeria Locations featuring your favorite New York Pizza!
Please select and click on the image or address below for the Carmela's location website you want to visit.
You can Order Online right now! from our
Springboro, Centerville & New Carlisle locations!

Ready your taste buds Brookville. Here we come!
Thanks to our fans for all of your support!







                          Brookville -
                          New Carlisle-






Greenfield Farms Food Provides Corporate Update on Subsidiary Carmela's Pizzeria Co's Implementation of Its National Franchis...

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Current Price
Bid Ask Day's Range
GRAS News: Proxy Statement - Other Information (preliminary) (pre 14c) 10/10/2014 04:34:02 PM
GRAS News: Current Report Filing (8-k) 10/10/2014 04:25:35 PM
GRAS News: Quarterly Report (10-q) 08/14/2014 04:18:39 PM
GRAS News: Amended Current Report Filing (8-k/a) 08/13/2014 04:12:05 PM
GRAS News: Current Report Filing (8-k) 07/30/2014 04:31:07 PM
#19600  Sticky Note Totally 97,324,305 shares dumped at 0.0001 ~ 0.0002 Value_Investor 10/22/14 04:41:22 PM
#19075  Sticky Note GRAS Monster DD: Bernie-UK 10/15/14 09:37:44 PM
#19618   I've been aboard since June just averaging down TronBronson 10/23/14 09:44:03 AM
#19617   Welcome aboard Happytrader17 10/23/14 09:39:03 AM
#19616   Added today. TronBronson 10/23/14 09:37:06 AM
#19615   Where are you getting all of this info TronBronson 10/23/14 09:15:45 AM
#19614   yah Wine' / hopefully we get good catalysts Buckden 10/23/14 09:12:42 AM
#19613   GRAS will move before end of year wine maker 10/23/14 08:46:30 AM
#19612   they're on IGGY Buckden 10/23/14 08:15:43 AM
#19611   Shouldn't it be ignoreds. Lol Bernie-UK 10/23/14 07:55:07 AM
#19610   Chart bottomed - 50DMA flirting wih the price .... Buckden 10/23/14 07:49:01 AM
#19609   MACD is ready to break the floor and Buckden 10/23/14 07:34:42 AM
#19607   Load these cheapies before it blows or get Happytrader17 10/23/14 04:03:46 AM
#19606   well pointed "Wine Maker" Buckden 10/23/14 03:03:28 AM
#19605   ig!nored Buckden 10/23/14 02:58:22 AM
#19604   GRA$ This baby is ready to pop! Catalyst slambino 10/22/14 11:54:24 PM
#19603   Nice hint .. MJ? Interesting ^BrandonTrader^ 10/22/14 10:22:11 PM
#19602   This company is about to go up in JamieFlagg 10/22/14 08:52:04 PM
#19601   If you look back, you will see that Bernie-UK 10/22/14 05:00:53 PM
#19600   Totally 97,324,305 shares dumped at 0.0001 ~ 0.0002 Value_Investor 10/22/14 04:41:22 PM
#19599   Not sure it makes a difference really. Mondelez Bernie-UK 10/22/14 04:38:09 PM
#19598   It could be great but Ron wine maker 10/22/14 02:46:19 PM
#19597   Agree JF - there is a Reason for MoneyWorksForMe 10/22/14 02:42:37 PM
#19596   Love what I'm hearing is gonna be released. JamieFlagg 10/22/14 02:39:33 PM
#19594   All I'm hearing is good news for next Lexey 10/22/14 02:27:43 PM
#19593   Indeed does not have an "s" on the end Bernie-UK 10/22/14 02:26:10 PM
#19592   GRAS & ALL FONG STOCKS going NO-BID! Lured by Deceptions 10/22/14 02:23:58 PM
#19591   mind sharring~ what your hearing? sta loose 10/22/14 02:15:14 PM
#19590   On a positive note, GRAS has actual physical copperpennies 10/22/14 01:48:37 PM
#19589   yup - i think so Bernie Buckden 10/22/14 01:30:24 PM
#19588   Nice ^BrandonTrader^ MoneyWorksForMe 10/22/14 01:23:38 PM
#19587   $GRAS .0003 Bid support coming in... Start hitting JPerdue2 10/22/14 01:22:24 PM
#19586   It's not that big for these levels when Bernie-UK 10/22/14 01:22:23 PM
#19585   $GRAS looks good. Have some 0003s. ^BrandonTrader^ 10/22/14 01:22:04 PM
#19584   That is a pretty daunting wall, considering the fountainous 10/22/14 01:19:20 PM
#19583   The fake wall at 4s will soon drop Bernie-UK 10/22/14 01:17:12 PM
#19582   0004 tap Buckden 10/22/14 01:06:50 PM
#19581   Where are you hearing rumors of news? TronBronson 10/22/14 12:49:35 PM
#19580   think i'll try to Bid again for more MoneyWorksForMe 10/22/14 12:06:16 PM
#19579   hmmm MoneyWorksForMe 10/22/14 12:05:04 PM
#19578   Hearing the same.. Jules Vega 10/22/14 11:50:27 AM
#19577   I'm in and hearing great news is coming Lexey 10/22/14 11:49:55 AM
#19576   yep MoneyWorksForMe 10/22/14 11:47:11 AM
#19575   Ok that's a lot different .0003s left quick. lukin4winners 10/22/14 11:42:11 AM
#19574   Lol yeah, think he meant 20 Mil. 'ish MoneyWorksForMe 10/22/14 11:39:48 AM
#19573   move the 4s up a little give it 71tj 10/22/14 11:39:44 AM
#19572   Lol exactly what i was thinking too JP MoneyWorksForMe 10/22/14 11:38:22 AM
#19571   .0004's up now- peeps are going to be JPerdue2 10/22/14 11:35:45 AM
#19570   .0004s up now all buys today. lukin4winners 10/22/14 11:29:59 AM
#19569   .0003s disappearing sign of news imminent! Matter of lukin4winners 10/22/14 11:29:06 AM