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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                                           


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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."


BUSINESS EXPANSION:

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...http://www.daytondailynews.com/search/?q=Carmela%E2%80%99s+Pizzeria

RESTAURANTS


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!


 



 


 


 

 






 


 

http://www.carmelasohio.com/Images/menu3.jpg





FACEBOOK

                          Springboro-  https://www.facebook.com/pages/Carmelas-Pizzeria/193286867370455
                          Brookville -   https://www.facebook.com/pages/Carmelas-Pizzeria/392998887502898
                          Centerville-   https://www.facebook.com/CarmelasPizzeria
                          New Carlisle- https://www.facebook.com/pages/Carmelas-Pizzeria/236560439728561

 

 


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

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Wiki
GRAS News: Quarterly Report (10-q) 07/15/2014 11:50:48 AM
GRAS News: Greenfield Farms Food, Inc. and Its Wholly-Owned Subsidiary Carmela's Pizzeria Provide Update on Corporate Developments 06/20/2014 09:00:00 AM
GRAS News: Annual Report (10-k) 06/16/2014 01:32:19 PM
GRAS News: Greenfield Farms Food Provides Update on Status of Public Filings 06/13/2014 09:00:00 AM
GRAS News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 05/16/2014 01:51:21 PM
PostSubject
#16199  Sticky Note $GRAS .0014 recent news/filings livetowatch 04/21/14 06:10:12 PM
#14987  Sticky Note With this kind of management experience, how can BIGMoose8 04/02/14 12:03:56 PM
#18113   I never said Profit. Yes I agree the copperpennies 07/26/14 05:03:38 PM
#18112   their profit margins are not 400k.. they are snowysnowman 07/26/14 04:25:06 PM
#18111   We`re on the same page makes absolutely no copperpennies 07/26/14 02:05:50 PM
#18110   ahhh, well, I'm glad it's not just Lucky2 07/26/14 11:57:31 AM
#18109   Happens on my phone all the time. The Bernie-UK 07/26/14 11:36:58 AM
#18108   edit: double post. don't know why it's doing Lucky2 07/26/14 11:24:48 AM
#18107   Let's hope that next week brings renewed interest. Lucky2 07/26/14 11:24:47 AM
#18106   None of that makes any sense but lets Bernie-UK 07/25/14 11:06:18 PM
#18105   .0001 - I would not want to pay Bottoms Upward 07/25/14 09:28:38 PM
#18104   So you want 4s now? Greed is a Bernie-UK 07/25/14 09:18:46 PM
#18103   4s and below are upon us, tell me Bottoms Upward 07/25/14 09:11:28 PM
#18102   Once again, old news. Did you not Bernie-UK 07/25/14 09:02:15 PM
#18101   What is this about a 100 to 1 Bottoms Upward 07/25/14 08:56:40 PM
#18100   In sight with a telescope maybe. As far Bernie-UK 07/25/14 08:49:10 PM
#18099   .0001 in sight, WOW! more than 94% volume Bottoms Upward 07/25/14 07:21:53 PM
#18098   For sure, just hoping these are not CDs. Gras DSherman 07/25/14 05:56:34 PM
#18097   All pinks don't make sense. Not sure why hummba 07/25/14 05:32:52 PM
#18096   Very Well Said,I Think We Will See News Patriotman1 07/25/14 04:30:49 PM
#18095   Everyone who sold this week recongized a loss. TP143 07/25/14 04:24:01 PM
#18094   When F@NG`S ol lady starts being a nag copperpennies 07/25/14 10:44:57 AM
#18093   Everything counts in pennyland, trust me. It's all Bernie-UK 07/25/14 10:13:30 AM
#18092   pump coming.... too many million blocks moving. AntiMarketMaker 07/25/14 10:11:05 AM
#18091   This forum doesnt matter as much as you snowysnowman 07/25/14 10:08:42 AM
#18090   Coming on here and knocking the stock is Bernie-UK 07/25/14 10:01:32 AM
#18089   I thought this company had promise. Money to snowysnowman 07/25/14 09:50:38 AM
#18088   another nice transfer of shares in the open AntiMarketMaker 07/25/14 09:48:28 AM
#18087   nice .0005 third party move lol. someone got AntiMarketMaker 07/24/14 03:12:17 PM
#18086   NEVER... NEVERLAND.... TLB666 07/24/14 02:09:23 PM
#18085   Never never in penny land. Gras DSherman 07/24/14 01:03:09 PM
#18084   No, you just tag the option to only Bernie-UK 07/24/14 12:19:28 PM
#18083   All or nothing bid? would that be a TronBronson 07/24/14 11:59:50 AM
#18082   Keep dreaming copperpennies 07/24/14 09:30:48 AM
#18081   .0001 gonna buy millions. NEXT 07/24/14 09:01:54 AM
#18080   It's a pain when people are only painting Bernie-UK 07/23/14 07:19:34 PM
#18079   There was no action so I tried to TronBronson 07/23/14 07:14:37 PM
#18078   Why someone felt the need to paint it Bernie-UK 07/23/14 03:34:44 PM
#18077   what a closing fury>>>>.... TLB666 07/23/14 03:31:47 PM
#18076   Go GRAS! coupleofsnipes 07/23/14 03:17:50 PM
#18075   Don't be ridiculous. I'd spend $7 to prove Bernie-UK 07/23/14 02:22:43 PM
#18074   0 Vol - Halted? steveooo 07/23/14 02:18:42 PM
#18073   GRAS was on the breakout board. You get Bernie-UK 07/23/14 02:12:52 PM
#18072   Thinking about adding some 7's here!!! MoneyStocksID2014 07/23/14 01:43:28 PM
#18071   ZERO volume 2 1/2 hours into trading. Bottoms Upward 07/23/14 12:05:35 PM
#18070   Agreed, summer is brutal in penny land and DSherman 07/23/14 11:19:36 AM
#18069   and if that occurs you`ll be screwed if copperpennies 07/23/14 11:12:50 AM
#18068   Take a look around pennyland today most getting copperpennies 07/23/14 11:05:39 AM
#18067   Very slow day but all good because we've Bernie-UK 07/23/14 10:31:55 AM
#18066   COME ON GRAS .0001 NEXT 07/23/14 09:49:58 AM
#18065   GRAS nice green day today!!! MoneyStocksID2014 07/23/14 09:18:44 AM
#18064   I am. Armed and ready to roll! Bernie-UK 07/22/14 09:35:11 PM
PostSubject