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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: 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
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
#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
#18505   Agreed, very off topic to gras. DSherman 08/21/14 01:52:11 PM
#18504   Perhaps. Does this matter to me? No. copperpennies 08/21/14 12:11:24 PM
#18503   Ticker FFF* just provided company update keep your Lured by Deceptions 08/21/14 09:46:49 AM
#18502   Ticker FFF* just provided company update keep your copperpennies 08/21/14 09:40:00 AM
#18501   GRAS-Here is a Good Checklist! Lured by Deceptions 08/21/14 08:20:43 AM
#18499   The Fong Dilution Method. GRAS is Next. Lured by Deceptions 08/21/14 07:19:08 AM
#18498   Our resident spam poster is now suspended until Lured by Deceptions 08/21/14 06:56:08 AM
#18497   Our resident spam poster is now suspended until Bernie-UK 08/20/14 11:08:58 PM
#18496   I don't think we have much longer to Bernie-UK 08/20/14 11:02:12 PM
#18495   Agree. Still holding and will remain holding no copperpennies 08/20/14 05:50:17 PM
#18494   Now it's coming alive! I'm feeling good about Bernie-UK 08/20/14 04:34:01 PM
#18493   Yeah it has been pretty dead here though MIKEY501 08/20/14 04:05:00 PM
#18492   Funny so much excitement over a $2500 buy. TP143 08/20/14 04:03:09 PM
#18491   WHOA is there life here again? LOL MIKEY501 08/20/14 03:46:26 PM
#18490   Very nice!! DSherman 08/20/14 03:43:39 PM
#18489   Nice!! Gra$ Jarco 08/20/14 03:14:41 PM
#18488   I'm waiting for someone to post that this Bernie-UK 08/20/14 03:09:41 PM
#18486   5 Mill Ask Slap!!! I almost fell out Bernie-UK 08/20/14 02:43:23 PM
#18485   I don't think we are without hope yet. Bernie-UK 08/20/14 02:16:04 PM
#18484   BTW I did contact the co. in ref. copperpennies 08/20/14 10:58:34 AM
#18483   It`s a joke, the only way out if copperpennies 08/20/14 10:53:45 AM
#18482   GRAS 10-Q NOTHING but NOTES,DEBT & DILUTION! Lured by Deceptions 08/20/14 10:05:12 AM
#18481   Exactly, gras DSherman 08/19/14 07:53:30 PM
#18480   They're fake. It just means the MM Bernie-UK 08/19/14 07:40:11 PM
#18479   Also, whats up with 4 orders for 10k TronBronson 08/19/14 12:10:08 PM
#18478   Ah thanks TD doesn't give me the in TronBronson 08/19/14 12:02:19 PM
#18477   The .0003s are not gone: Bottoms Upward 08/19/14 11:36:55 AM
#18476   Anyone notice $74K cash on recent Q? TP143 08/19/14 10:36:28 AM
#18475   As of this morning the 3's are gone. TronBronson 08/19/14 10:10:57 AM
#18474   I agree:: gras DSherman 08/18/14 10:42:03 PM
#18473   Volume for today Bottoms Upward 08/18/14 09:55:49 PM
#18472   :) gras. DSherman 08/18/14 09:48:15 PM
#18471   Go GRAS back at you! $$$ to come soon Bernie-UK 08/18/14 06:34:36 PM
#18470   Go GRAS!!! TronBronson 08/18/14 07:44:00 AM
#18469   I agree. I'd like it to be next Bernie-UK 08/17/14 10:09:57 PM
#18468   Not sure about the this week guess, but copperpennies 08/17/14 08:51:58 PM
#18467   There are many who could care less if DSherman 08/17/14 08:47:45 PM
#18466   I'm thinking we get news this week? They Bernie-UK 08/17/14 05:40:32 PM
#18465   He doesn't but I guess you already know Bernie-UK 08/16/14 10:02:35 AM
#18464   Orlytho? And you know this how? TronBronson 08/15/14 05:04:46 PM
#18463   GRAS - Reverse split is next after the MaxDaniel 08/15/14 02:13:10 PM
#18462   copperpennies 08/15/14 02:10:32 PM
#18461   40mil on the bid for 3's. Someone wants TronBronson 08/15/14 01:31:20 PM
#18460   Are you implying that asher ect still hold TronBronson 08/15/14 10:48:05 AM
#18458   copperpennies 08/15/14 09:57:06 AM
#18456   IMO if longs want GRAS to release a copperpennies 08/15/14 09:53:42 AM
#18455   Wow. You are accusing the market makers and DSherman 08/15/14 09:31:43 AM
#18454   Right! Timely filings, now show me pr! I TronBronson 08/15/14 09:26:54 AM
#18453   Guess you lost that bet. copperpennies 08/15/14 08:53:57 AM
#18452   the q is out! and on time damnn snowysnowman 08/15/14 08:34:05 AM