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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 168,522,680 a/o Jan 13, 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...

#14987  Sticky Note With this kind of management experience, how can BIGMoose8 04/02/14 12:03:56 PM
#12006  Sticky Note Good morning all another day in GRAS land. Ticklush 01/08/14 08:06:38 AM
#11269  Sticky Note GRAS Dayton Daily News Ticklush 12/27/13 04:45:24 PM
#15853   lol safe on otc? AntiMarketMaker 04/16/14 05:53:06 AM
#15852   NO SWEAT EITHER WAY… THIS IS AN EXPANDING FirstRodeo 04/16/14 02:44:21 AM
#15851   …but the date on the bottom of that FirstRodeo 04/16/14 02:37:27 AM
#15850   In 2012 their 10K was released on April FirstRodeo 04/16/14 02:31:13 AM
#15849   This is just another pump and dump... be biuaz 04/16/14 12:59:29 AM
#15848   Don't be ridiculous. OTC regulates filing periods for DSherman 04/16/14 12:27:10 AM
#15847   Worst case scenario - halted DerStock 04/16/14 12:12:30 AM
#15846   We can still hope for it to be MissyL 04/16/14 12:05:50 AM
#15845   So, besides a big ol' PPS plummet… does FirstRodeo 04/15/14 11:58:38 PM
#15844   5 mins now lol castisos 04/15/14 11:53:35 PM
#15843   And besides RSI need to reset castisos 04/15/14 11:53:14 PM
#15842   35 minute for a holy fong and what AntiMarketMaker 04/15/14 11:23:42 PM
#15841   OK I said imagine that and those FOCKERS! subq1 04/15/14 10:29:00 PM
#15840   Imagine that those damn FOLKERS!!! LMAO! subq1 04/15/14 10:25:55 PM
#15839   than it will be oh FOCK instead of AntiMarketMaker 04/15/14 10:10:01 PM
#15838   OK FONG!! 1 hr and 50 minutes left! FirstRodeo 04/15/14 10:08:59 PM
#15837   Hold tight subq1 04/15/14 09:49:13 PM
#15836   i think the carrier pigeon got lost, filing armyseal 04/15/14 09:26:52 PM
#15835   What may be easy for one person isn't subq1 04/15/14 09:21:42 PM
#15833   Got it! Thanks for all the help people! boxtops 04/15/14 07:31:24 PM
#15832   Where did u go man DSC@ has been ad1 04/15/14 07:29:17 PM
#15831   yep it will be a blood bath for armyseal 04/15/14 07:28:53 PM
#15830   Click the more tools tab, then the my StocksGoneWild 04/15/14 07:18:51 PM
#15829   Goto click browse for file find the castisos 04/15/14 07:18:17 PM
#15828   Thanks for the help castisos. But I still boxtops 04/15/14 07:17:19 PM
#15827   four of my pending 10ks are out. AntiMarketMaker 04/15/14 07:10:05 PM
#15826   This is OTC lower tiers. I am AntiMarketMaker 04/15/14 06:59:21 PM
#15825   No sbarro is the best tried it in castisos 04/15/14 06:50:59 PM
#15824   How hard is it to upload a pic castisos 04/15/14 06:50:11 PM
#15823   That if they are weak castisos 04/15/14 06:46:44 PM
#15822   It will be a slaughter with the amount AntiMarketMaker 04/15/14 06:45:37 PM
#15821   Exactly thank you castisos 04/15/14 06:44:19 PM
#15820   FINRA do not want any one to have AntiMarketMaker 04/15/14 06:43:37 PM
#15819   FINRA do not want any one to have AntiMarketMaker 04/15/14 06:43:37 PM
#15818   Lets stop probing Fong. Let him work. TP143 04/15/14 06:41:06 PM
#15817   I did figure it out groups gone... Waiting on castisos 04/15/14 06:37:00 PM
#15816   That's pretty damn funny! GO GRAS!!! subq1 04/15/14 06:35:21 PM
#15815   You're right you're right I'm sorry you win band5606 04/15/14 06:35:16 PM
#15814   I know I am because it is illegal castisos 04/15/14 06:34:40 PM
#15813   I'm gonna do the thing I do to band5606 04/15/14 06:33:58 PM
#15811   Someone saying there may be news is not band5606 04/15/14 06:30:27 PM
#15809   Well can't say there may be news like castisos 04/15/14 06:28:52 PM
#15808   Always do don't you worry castisos 04/15/14 06:28:33 PM
#15807   Absolutely nothing there is him yourself...don't rely band5606 04/15/14 06:28:06 PM
#15805   Http:// then post lonk castisos 04/15/14 06:27:22 PM
#15803   No pump, but someone did one. I AntiMarketMaker 04/15/14 06:25:09 PM
#15802   Awesome!...thank you. Maybe you should swing by the StocksGoneWild 04/15/14 06:24:17 PM
#15801   omg you are making me drool and I Lucky2 04/15/14 06:22:53 PM
#15800   10-k has to be filed today, otherwise DerStock 04/15/14 06:20:43 PM
#15799   Awesome!!! I've ate there as well traveling. Absolutely pennyrocks 04/15/14 06:18:57 PM