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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
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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
#18546   The bottom line here is that “GRAS” has Investoray 08/31/14 10:30:18 AM
#18545   I just checked in, to see what condition Andy3077 08/31/14 12:34:25 AM
#18544   I dont think you have a choice :) steveooo 08/30/14 10:05:15 AM
#18543   One day there will be a small reversal... hummba 08/29/14 04:45:22 PM
#18542   Instead of GRAS I think this is MANURE steveooo 08/28/14 04:46:34 PM
#18541   Management Profile. Must read. TP143 08/28/14 01:22:53 PM
#18540   Here`s the link to their webpage in case Lured by Deceptions 08/28/14 10:34:58 AM
#18539   Here`s the link to their webpage in case copperpennies 08/28/14 10:25:52 AM
#18538   GRAS Carmela's most likely BK SOON! Lured by Deceptions 08/28/14 10:01:19 AM
#18537   Slap the ask get this $GRAS moving... you ahousepainter 08/28/14 09:52:46 AM
#18535   You can always hand your shares over to MIKEY501 08/28/14 09:02:24 AM
#18534   im so sick of waiting to get out snowysnowman 08/28/14 09:01:30 AM
#18533   Lol. I just prefer people to be clear Bernie-UK 08/27/14 11:17:59 AM
#18532   Why do "they" need to dump. copperpennies 08/27/14 09:52:44 AM
#18530   I don't understand your grammar, can you reread Bernie-UK 08/27/14 08:56:18 AM
#18529   Hilarious. Now it's a bad thing that it Lured by Deceptions 08/27/14 08:20:22 AM
#18528   Hilarious. Now it's a bad thing that Bernie-UK 08/27/14 08:11:16 AM
#18527   GRAS needs to Maintain 4-5 to DUMP! Lured by Deceptions 08/27/14 08:02:08 AM
#18526   better =get in now Tonyeight 08/27/14 12:25:14 AM
#18525   i hear U ===== Tonyeight 08/27/14 12:24:26 AM
#18524   ok Tonyeight 08/27/14 12:23:41 AM
#18523   hope so Tonyeight 08/27/14 12:22:56 AM
#18522   Or we could take the ball out and Bernie-UK 08/26/14 08:08:49 PM
#18521   pretty much my stance right now. next run snowysnowman 08/26/14 04:31:40 PM
#18520   Small uptick to 5 today. Hope we can hummba 08/26/14 04:18:29 PM
#18519   Somebody left at 3s and 4s today, I'm Bernie-UK 08/26/14 02:43:27 PM
#18517   Omg. Gotta love august in the OTC market. Lured by Deceptions 08/26/14 01:04:09 PM
#18516   Omg. Gotta love august in the OTC market. Jarco 08/26/14 12:09:24 PM
#18515   That`s the future of 99.999% of pennies tell Lured by Deceptions 08/26/14 11:27:23 AM
#18514   copperpennies 08/26/14 11:23:22 AM
#18513   GRAS Future REVEALED! Lured by Deceptions 08/26/14 10:51:40 AM
#18512   It's all about risk reward, place your bets DSherman 08/25/14 11:02:43 PM
#18511   Or as I've been saying all along, with Bernie-UK 08/25/14 07:38:17 PM
#18510   GRAS Hostages are getting agitated, anxious, fidgety, jumpy, copperpennies 08/25/14 06:38:32 PM
#18509   Agreed, smells, looks, feels like POS steveooo 08/25/14 05:31:02 PM
#18508   GRAS POS snowysnowman 08/25/14 02:41:14 PM
#18507   Ya I'm a tid bit antsy for the TronBronson 08/23/14 09:01:02 AM
#18506   Slowwww week here again. Getting slowly back towards Bernie-UK 08/22/14 08:34:09 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