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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) 11/19/2014 03:18:08 PM
GRAS News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 11/14/2014 02:33:37 PM
GRAS News: Information Statement - All Other (definitive) (def 14c) 10/27/2014 06:01:55 AM
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
#19942  Sticky Note Totally 13,116,587 shares dumped at 0.0001 and 367,143,555 Value_Investor 11/07/14 04:28:45 PM
#19761  Sticky Note NICE NEWS -->> Greenfield Farms Food, Inc. and SPARK 10/29/14 09:45:57 AM
#19075  Sticky Note GRAS Monster DD: Bernie-UK 10/15/14 09:37:44 PM
#20142   100 mil on the ask you say! Bottoms Upward 11/21/14 07:42:02 PM
#20141   Your point? There was 100 mill on the Bernie-UK 11/21/14 07:17:05 PM
#20140   i have 1.5m sitting on .0003. my sell snowysnowman 11/21/14 03:30:28 PM
#20139   Nice hits on those .0003s....Is GRAS getting ready MIKEY501 11/21/14 02:23:02 PM
#20138   GRAS trades Thursday 11/20/14. Looks like we Bottoms Upward 11/20/14 11:57:50 PM
#20137   True. Volume and runs come and go here Bernie-UK 11/20/14 09:12:58 PM
#20136   Not much vol? HybridTrader 11/20/14 07:41:08 PM
#20135   They`ve shown their hand looking at the 120m+ copperpennies 11/20/14 12:31:49 PM
#20134   Copper, Look at the 10Q, financials. It shows wine maker 11/20/14 10:52:58 AM
#20133   Is that what Darren told you or is copperpennies 11/20/14 09:40:27 AM
#20132   For those who read the recent 10Q, wine maker 11/20/14 09:20:57 AM
#20131   And it's losing not loosing. Lose not loose. Bernie-UK 11/20/14 07:40:27 AM
#20130   copperpennies 11/20/14 07:20:37 AM
#20129   All stocks at these levels have similar statements Bernie-UK 11/20/14 07:10:23 AM
#20128   1 mill loss vs debt - if you Bernie-UK 11/20/14 07:03:01 AM
#20127   chart suggesting a pop is coming Buckden 11/20/14 06:45:08 AM
#20126   It would be better to be 1 million Bottoms Upward 11/19/14 11:26:57 PM
#20123   GRAS counting on a loosing proposition for shareholders Bottoms Upward 11/19/14 07:36:25 PM
#20122   Not 1 mill in debt, 1 mill loss, Bernie-UK 11/19/14 06:59:52 PM
#20121   nothing mentioned franchising. snowysnowman 11/19/14 04:29:50 PM
#20120   No nasty surprises in the 10Q as far Bernie-UK 11/19/14 03:30:28 PM
#20119   GRAS 10Q out. MIKEY501 11/19/14 03:18:22 PM
#20118   If you think this is cheap, just wait capt AL 11/19/14 03:10:40 PM
#20117   Cheapies! Thank you!!! MJNAdreamin 11/19/14 12:04:20 PM
#20116   What is the S/S now ? Do You stock777777 11/19/14 12:04:07 PM
#20115   Patience is a virtue. wine maker 11/19/14 10:42:04 AM
#20113   My war chest is loaded with 20m @.0002 copperpennies 11/19/14 10:12:58 AM
#20112   GRAS:Stuck & TRAPPED Investors will LOSE! Lured by Deceptions 11/19/14 08:21:40 AM
#20110   lol, your prediction could be correct after a Bottoms Upward 11/19/14 05:56:51 AM
#20109   .0004 by this time next year. Double your money! hummba 11/18/14 10:32:34 PM
#20107   It's evident after today that shareholders are wine maker 11/18/14 07:18:45 PM
#20106   Strangely, I have the same question for you. Bottoms Upward 11/18/14 01:57:11 PM
#20104   GRAS reputation speaks for itself, PRs are few Bottoms Upward 11/18/14 01:25:48 PM
#20103   Most penny stocks PR every insignificant "update". TP143 11/18/14 12:57:55 PM
#20102   anyone want to get in on the winter Bottoms Upward 11/18/14 12:38:22 PM
#20101   of course no one wants to sell at Bottoms Upward 11/18/14 11:17:01 AM
#20100   if you have held since 2013 then holding TP143 11/18/14 11:07:31 AM
#20099   Oh copperpennies 11/18/14 10:58:35 AM
#20098   If they wanted to sell at 1s, they'd Bernie-UK 11/18/14 10:50:43 AM
#20097   GRAS going NO-BID SOON! Lured by Deceptions 11/18/14 10:13:41 AM
#20096   smart money sold at .0002, getting to Bottoms Upward 11/18/14 10:05:45 AM
#20095   Enough talking by all now is the time wine maker 11/18/14 08:12:32 AM
#20094   GRAS the timeframe for the next uptick (if copperpennies 11/18/14 07:25:03 AM
#20093   Gras = garbage hummba 11/17/14 10:35:15 PM
#20092   Is this thing going to no bid? bunduru 11/17/14 10:17:23 PM
#20091   Thanks! See you in 5 months! Bernie-UK 11/17/14 10:12:00 PM
#20090   some things never change, you were preaching that Bottoms Upward 11/17/14 08:22:38 PM
#20089   Nope, not what I was saying. This will Bernie-UK 11/17/14 08:16:55 PM
#20088  Restored yeah, there will be a pps adjustment downward Bottoms Upward 11/17/14 08:13:36 PM
#20086   85% VOLUME SHORTED Bottoms Upward 11/17/14 06:29:46 PM