Hot Mama's Foods Inc (fka HOTF)

[retribution]

Welcome all new mods

[Let's Roll]

USDA Certified, Certified Organic, and independently audited, Hot Mama’s provides versatile, highly time-sensitive services to discerning food retailers, food service customers and food brokers nationwide.

$HOTF

[Let's Roll]

Hot Mama's Foods is a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and conventional foods. We have proven expertise in top quality salsas, sauces, pesto, hummus, salads, dips, prepared deli salads, and many other gourmet solutions.

$HOTF

[Let's Roll]

Hot Mama’s Foods Announces New Ticker Symbol

09/10/2013

Springfield, MA; September 10, 2013. Hot Mama’s Foods, Inc., (“the Company”) (OTC: HOTF) a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods, which includes fresh hummus, salsas, and pestos sold under both its own label as well as for other leading food retailers, is pleased to announce that its ticker symbol has been changed to HOTF. The new ticker more closely matches the corporate name and makes it easier for investors to remember. The stock ticker symbol change coincides with the Company's August 6, 2013 announcement of the Company's merger with, and name change from Andover Medical, Inc. to Hot Mama’s Foods as of that date. The Company is applying for a listing on the OTC Bulletin Board.

$HOTF

[Let's Roll]

Hot Mama’s Foods Announces New Chief Financial Officer

09/18/2013

Springfield, MA; September 18, 2013. Hot Mama’s Foods, Inc., (OTC: HOTF) a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods, which include fresh hummus, salsas, and pestos sold under both its own label as well as for other leading food retailers, is pleased to announce that William Kenealy has joined as Chief Financial Officer (CFO) effective August 19, 2013.

$HOTF

[mitcheroo]

Morningstar and Bloomberg are both quoting HOTF's number of shares outstanding at .94 million, or about 940K.

(I think Yahoo Finance is still using pre-split numbers. About par for the course for Yahoo.)

[lamlam]

So what is the float and what is the share structure here, does anyone know?

[lamlam]

Is it on the OTC yet?

[lamlam]

Interesting. So does this mean that andover medical is part of hot mama's? Or is it the other way around?

[lamlam]

Marked

[reginaliberta]

No volume.

[ASK]

Before I did some research on that. But always I can be wrong.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=90939665

[mitcheroo]

yup, that's what I meant.

Just 77,000 shares in the float?

[ASK]

Was referring to float and not O/S.

[mitcheroo]

This will give only 77K float post split.

That's a typo, right? That should be 770K post split?

[ASK]

Hello guys.

I am huge up on HOTF.

This kind of stock only comes few times a year IMO.

Another I have found is AN_OS. Simply dollar range potential and you will know if you talk to CEO what's coming. 218 940 2274

Just thought I share with some GEM guys with no intention to promote.

Thx

[MrG]

Rapid growth is what I like to see.

[MrG]

RM's= big potential. If the company is "right"....
and I think this one is.

[MrG]

You know me...always lurking in the shadows.

[MrG]

Researching...looks like a good one.

[gumzsa]

1.40 hit

[retribution]

Bid and ask tighter, good sign!

[gumzsa]

vol picking up. now if we could see less bid whacking and get the ball rollin

[retribution]

Hot Mama’s Foods Announces New Chief Financial Officer

Hot Mama's Foods, Inc. (USOTC:HOTF)

Hot Mama’s Foods, Inc., (OTC:HOTF) a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods, which include fresh hummus, salsas, and pesto sold under both its own label as well as for other leading food retailers, is pleased to announce that William Kenealy has joined as Chief Financial Officer (CFO) effective August 19, 2013.
Bill has almost 20 years of experience in the consumer products industry, including 13 years as a Chief Financial Officer. From 2010 to 2013, Bill was Chief Financial Officer of Compact Industries, Inc., a leading manufacturer of dry food products with revenues in excess of $100 million. While there, he was responsible for all aspects of finance, procurement and information technology. Prior to that, Bill worked at Reserve Brands, Inc. as Senior Vice-President and CFO from 2007 to 2009. Reserve Brands was a venture capital-backed company which re-launched the former Anheuser-Busch EAGLE Snacks brand before being sold in 2009. From 2006 to 2007 he was a consultant/interim CFO for public and privately held operating companies and private equity firms. Mr. Kenealy obtained his BS in Finance and Economics from Illinois State University in 1985; his MBA in International Finance from Thunderbird School of Global Management in 1986; and became a Certified Public Accountant in 1990.
“We are very pleased to have attracted someone of Bill’s caliber to our teamm,” commented Matthew Morse, Chief Executive Officer. "Bill’s experience with growing food companies and his mergers and acquisition experience will be invaluable to us as we look to continue growing the company over the next few years,” concluded Mr. Morse.

ABOUT HOT MAMA’S FOODS
Hot Mama's Foods is a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods. The Company has proven expertise in developing and manufacturing top quality salsas, sauces, pesto, hummus, salads, dips, prepared deli salads, and many other gourmet foods. Hot Mama’s Foods is one of the largest producers of hummus and salsa in the United States. The Company’s products are USDA Certified, Certified Organic, and independently audited. Hot Mama’s provides versatile, highly time-sensitive services to discerning food retailers, foodservice customers and food brokers nationwide. Hot Mama’s Foods also develops, produces and sells fresh salsas, hummus and other fresh food products under its own label – Hot Mama’s Foods. The Company has state-of-the-art production facilities in Springfield, MA and Elk Grove Village, IL.

Hot Mama’s Foods was formed in Wendell, Massachusetts, in 1984 as a maker of a variety of fresh salsa recipes, distributed directly to small local retailers by its owner-operator. In 1991, the Company was purchased from its founder by Matthew Morse and maintained as a sole-proprietorship until its incorporation on January 29, 1999 under the name Lansal, Inc. under the laws of the Commonwealth of Massachusetts.

The Company has experienced rapid growth in recent years. Since 2008, revenue has increased slightly over 100%. In 2012 revenue increased 35.8% to $28.9 million. Growth has been driven by increased market penetration, additional product offerings, and, in part, by promotional and marketing efforts increasing awareness of the hummus category in particular. Additional information about the Company can be found at www.hotmamasfoods.com, and at the SEC’s web site www.sec.gov.

[retribution]

Hot Mama’s Foods Announces New Ticker Symbol

Hot Mama's Foods, Inc. (USOTC:HOTF)

Hot Mama’s Foods, Inc., (“the Company”) (OTC:HOTF) a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods, which includes fresh hummus, salsas, and pestos sold under both its own label as well as for other leading food retailers, is pleased to announce that its ticker symbol has been changed to HOTF. The new ticker more closely matches the corporate name and makes it easier for investors to remember. The stock ticker symbol change coincides with the Company's August 6, 2013 announcement of the Company's merger with, and name change from Andover Medical, Inc. to Hot Mama’s Foods as of that date. The Company is applying for a listing on the OTC Bulletin Board.
"Over the past year we have taken many steps towards enhancing the Company's image and positioning the company for continued growth. With our new Company stock ticker now joining our new company name, we can focus all our attention on moving forward and successfully growing the company," commented Matthew Morse, Chief Executive Officer.

ABOUT HOT MAMA’S FOODS
Hot Mama's Foods is a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods. The Company has proven expertise in developing and manufacturing top quality salsas, sauces, pesto, hummus, salads, dips, prepared deli salads, and many other gourmet foods. Hot Mama’s Foods is one of the largest producers of hummus and salsa in the United States. The Company’s products are USDA Certified, Certified Organic, and independently audited. Hot Mama’s provides versatile, highly time-sensitive services to discerning food retailers, foodservice customers and food brokers nationwide. Hot Mama’s Foods also develops, produces and sells fresh salsas, hummus and other fresh food products under its own label – Hot Mama’s Foods. The Company has state-of-the-art production facilities in Springfield, MA and Elk Grove Village, IL.

Hot Mama’s Foods was formed in Wendell, Massachusetts, in 1984 as a maker of a variety of fresh salsa recipes, distributed directly to small local retailers by its owner-operator. In 1991, the Company was purchased from its founder by Matthew Morse and maintained as a sole-proprietorship until its incorporation on January 29, 1999 under the name Lansal, Inc. under the laws of the Commonwealth of Massachusetts.

The Company has experienced rapid growth in recent years. Since 2008, revenue has increased slightly over 100%. In 2012 revenue increased 35.8% to $28.9 million. Growth has been driven by increased market penetration, additional product offerings, and, in part, by promotional and marketing efforts increasing awareness of the hummus category in particular. Additional information about the Company can be found at www.hotmamasfoods.com, and at the SEC’s web site www.sec.gov.

[retribution]

Hot Mama’s Foods Completes Reverse Merger Transaction

Hot Mama's Foods, Inc. (USOTC:HOTF)

Hot Mama’s Foods, (“the Company”) a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods, which includes fresh hummus, salsas, and pestos sold under both its own label as well as for other leading food retailers, announced today that it has completed its reverse merger transaction with Andover Medical, Inc. (“Andover”). Hot Mama’s reported net revenues of $28.9 million, and $7.3 million for the year ended December 31, 2012 and the three months ended March 31, 2013, respectively. Commencing August 6, 2013, the Common Stock will be quoted on the OTC Markets under the symbol ADOVD and on or about September 4, 2013, the new symbol will be HOTF. The Company is applying for a listing on the OTC Bulletin Board.
The transaction leaves Hot Mama’s Foods current executive management team in place, which is comprised of Matthew Morse, Chief Executive Officer; Joseph D. Ward, President & Chief Operating Officer and William Kenealy, Chief Financial Officer.
"The successful completion of the merger represents a major milestone for Hot Mama’s Foods positioning the company for growth," commented Matthew Morse, Chief Executive Officer. "Being a public Company will enable us to continue to grow our business both organically and through acquisitions. I look forward to updating our shareholders on our progress and milestones in the future," concluded Mr. Morse.
Prior to the consummation of the Merger, Andover Medical was not engaged in any trade or business. Following the Merger, the business of Hot Mama’s Foods constitutes the Company's only operations and the shareholders of Hot Mama’s Foods own 91% of the equity of the Company on a fully-diluted basis. The $250,000 of escrowed funds was released by Andover to Hot Mama’s Foods and the parties remain subject to certain warranties and representations.

ABOUT HOT MAMA’S FOODS
Hot Mama's Foods is a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods. The company has proven expertise in developing and manufacturing top quality salsas, sauces, pesto, hummus, salads, dips, prepared deli salads, and many other gourmet foods. Hot Mama’s Foods is one of the largest producers of hummus and salsa in the United States. The company’s products are USDA Certified, Certified Organic, and independently audited. Hot Mama’s provides versatile, highly time-sensitive services to discerning food retailers, foodservice customers and food brokers nationwide. Hot Mama’s Foods also develops, produces and sells fresh salsas, hummus and other fresh food products under its own label – Hot Mama’s Foods. The Company has two state-of-the art production facilities in Springfield, MA and Elk Grove, IL.
Hot Mama’s Foods was formed in Wendell, Massachusetts, in 1984 as a maker of a variety of fresh salsa recipes, distributed directly to small local retailers by its owner-operator. In 1991, the Company was purchased from its founder by Matthew Morse and maintained as a sole-proprietorship until its incorporation on January 29, 1999 under the name Lansal, Inc. under the laws of the Commonwealth of Massachusetts.
The Company has experienced rapid growth in the recent years. Since 2008, revenue has increased 101%. In 2012 revenue increased 35.8% to $28.9 million. Growth has been driven by increased market penetration, additional product offerings, and, in part, by promotional and marketing efforts increasing awareness of the hummus category in particular. Additional information about the company can be found at www.hotmamasfoods.com, and at the SEC’s web site www.sec.gov.

ADVISORS
Meyers Associates, L.P. was the investment banking firm that advised on the transaction. Stan Altschuler of Strategic Universal Advisors, LLC was strategic advisor to Hot Mama’s Foods, and David Hutcher & Citron LLP were securities counsel.

[retribution]

Hot Mama's Foods, Inc. (ADOV: OTC Pink Limited) | Symbol Change

Tue, Aug 06, 2013 12:00 - Hot Mama's Foods, Inc. (ADOV: OTC Pink Limited) - Symbol Change - The symbol, ADOV, is no longer a valid symbol for Hot Mama's Foods, Inc.. As of Tue, Aug 06, 2013, the new trading symbol is ADOVD. You may find a complete list of symbol changes at otcmarkets.com.

[retribution]

Boardmark #7 from me !!

[retribution]

IBOX needed!

[mitcheroo]

big bid size (relatively speaking) on 1.20. a good sign

[mitcheroo]

well i'm in. what's next?

BTW, what's the current SS?

[gumzsa]

1.20 x 1.50 bid building

[gumzsa]

looks like everyone holding their post split shares now

[mitcheroo]

I'm part of that bid at 1.10 but I might be too late to this party.

[reginaliberta]

No action. No dumping. Well done m&ms.

[reginaliberta]

It's about time we see action. M&MS have been keeping this down.

[ASK]

Anything possible here.

If CD_FT can trade at $10 this should be trading $20 LOL.

[gumzsa]

bid support coming in 3 mm's 1.00 or above

[gumzsa]

HOT MAMA is a great viral name thats for sure.lol

[reginaliberta]

This ticket need to go VIRAL!

[reginaliberta]

Company structure, and sales revenue. Potential dividend!
I smell it a mile away.

[gumzsa]

one step at a time

"We are very pleased to have attracted someone of Bill's caliber to our teamm," commented Matthew Morse, Chief Executive Officer. "Bill's experience with growing food companies and his mergers and acquisition experience will be invaluable to us as we look to continue growing the company over the next few years," concluded Mr. Morse.

[reginaliberta]

Why isn't the company announcing contracts?

[gumzsa]

where u see that?

[reginaliberta]

Dividend?

[gumzsa]

News out new CFO


Hot Mama's Foods Announces New Chief Financial Officer

SPRINGFIELD, Mass., Sep 18, 2013 (BUSINESS WIRE) -- Hot Mama's Foods, Inc., (OTC:HOTF) a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods, which include fresh hummus, salsas, and pesto sold under both its own label as well as for other leading food retailers, is pleased to announce that William Kenealy has joined as Chief Financial Officer (CFO) effective August 19, 2013.
Bill has almost 20 years of experience in the consumer products industry, including 13 years as a Chief Financial Officer. From 2010 to 2013, Bill was Chief Financial Officer of Compact Industries, Inc., a leading manufacturer of dry food products with revenues in excess of $100 million. While there, he was responsible for all aspects of finance, procurement and information technology. Prior to that, Bill worked at Reserve Brands, Inc. as Senior Vice-President and CFO from 2007 to 2009. Reserve Brands was a venture capital-backed company which re-launched the former Anheuser-Busch EAGLE Snacks brand before being sold in 2009. From 2006 to 2007 he was a consultant/interim CFO for public and privately held operating companies and private equity firms. Mr. Kenealy obtained his BS in Finance and Economics from Illinois State University in 1985; his MBA in International Finance from Thunderbird School of Global Management in 1986; and became a Certified Public Accountant in 1990.

"We are very pleased to have attracted someone of Bill's caliber to our teamm," commented Matthew Morse, Chief Executive Officer. "Bill's experience with growing food companies and his mergers and acquisition experience will be invaluable to us as we look to continue growing the company over the next few years," concluded Mr. Morse.

ABOUT HOT MAMA'S FOODS

Hot Mama's Foods is a leading specialty food manufacturer, co-packer and private label resource for innovative organic, all-natural, and gourmet foods. The Company has proven expertise in developing and manufacturing top quality salsas, sauces, pesto, hummus, salads, dips, prepared deli salads, and many other gourmet foods. Hot Mama's Foods is one of the largest producers of hummus and salsa in the United States. The Company's products are USDA Certified, Certified Organic, and independently audited. Hot Mama's provides versatile, highly time-sensitive services to discerning food retailers, foodservice customers and food brokers nationwide. Hot Mama's Foods also develops, produces and sells fresh salsas, hummus and other fresh food products under its own label - Hot Mama's Foods. The Company has state-of-the-art production facilities in Springfield, MA and Elk Grove Village, IL.

Hot Mama's Foods was formed in Wendell, Massachusetts, in 1984 as a maker of a variety of fresh salsa recipes, distributed directly to small local retailers by its owner-operator. In 1991, the Company was purchased from its founder by Matthew Morse and maintained as a sole-proprietorship until its incorporation on January 29, 1999 under the name Lansal, Inc. under the laws of the Commonwealth of Massachusetts.

The Company has experienced rapid growth in recent years. Since 2008, revenue has increased slightly over 100%. In 2012 revenue increased 35.8% to $28.9 million. Growth has been driven by increased market penetration, additional product offerings, and, in part, by promotional and marketing efforts increasing awareness of the hummus category in particular. Additional information about the Company can be found at www.hotmamasfoods.com, and at the SEC's web site www.sec.gov.

FORWARD LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein, are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.

http://cts.businesswire.com/ct/CT?id=bwnews&sty=20130918005383r1&sid=cmtx6&distro=nx

SOURCE: Hot Mama's Foods, Inc.

CONTACT:
Hot Mama's Foods Matthew Morse, 413-737-6572 CEO or STRATEGIC ADVISOR: Strategic Universal Advisors, LLC Stan Altschuler, 212-838-1510 President
Copyright Business Wire 2013
-0-
KEYWORD: United States
North America
Massachusetts
INDUSTRY KEYWORD: Manufacturing
Packaging
Other Manufacturing
Retail
Food/Beverage
Other Retail
SUBJECT CODE: Personnel

[gumzsa]

9 out of 10 filings say that dude

[reginaliberta]

Hot mama is starting off in hot water.

"Our business expansion may require additional capital resources that may be funded through the issuance of common stock or of notes payable or other debt instruments that may affect our debt structure. Our cash flow projections presently indicate that we will have sufficient liquidity to fund our ongoing operations for the next twelve months."
I sure hope they don't issue more common stock! Bad start.

No trademark on private label

[reginaliberta]

Quarter around corner, will hot mama spice it up?
PPS undervalued if revenues are as claimed.
Turn up the heat.

[reginaliberta]

Hot mama what's going on here?
The company is always looking for ‘the next big thing.’Knowing what’s hot before it even hits the market is a key chapter in the 25-year success story of Hot Mama’s Foods. The company was established in 1984 as an all-natural vegetable salsa business run out of founder Cheri Martinez’s Miller Falls, Mass., home kitchen. When President Matt Morse caught wind of the up-and-coming business, he immediately saw potential. “She was ahead of her time,” he says. “When I bought the company in 1991, she was making all-natural sandwiches sold locally, different flavored hummus and fresh, chunky salsa – mild, medium and hot – that’s homey and hardy, almost like a salad. Everything was strictly vegan across the board.”

An engineer by trade with a keen interest in the food business, Morse was looking for an opportunity and found it with Hot Mama’s Foods. After he acquired the company, he relocated to Amherst, Mass., and added black bean and pinto bean dip to its product portfolio. “I always thought I was a bit of an innovator in that I was getting into the idea of using ingredients like chipotle peppers at a time when nobody knew what they were,” he says.

Hummus exploded into a full-swing fad by 1994, but Hot Mama’s went in a different direction by offering organic hummus instead of the preservative-packed, mainstream version. In 1999, he acquired the Lazy Chef line of ready-to-use pesto sauces, which are now produced under the Hot Mama’s Gourmet line for foodservice clients and the Hot Mama’s Natural/Organic line for retailers. The company’s growth prompted Morse to relocate once more to Northampton, Mass. In 2002, he established operations in Chicago and started making pizzas, pizza bagels, flavored butters and spreads using fresh, natural and organic ingredients. In 2006, the company moved to Springfield, Mass., where it is still based today.

‘CUSTOM GOURMET SOLUTIONS’

When private labeling became a popular market in the mid-1990s, Morse took notice. “Right around 1996, I started getting involved in doing private labeling, which was around the time private labeling started getting big, so I jumped on that bandwagon,” he recalls. “Now, it makes up about 96 percent of our business.”

Hot Mama’s runs a full-service operation that includes research and development, food science, product development, food sourcing, packaging and labeling for its private label clients. Through contract packaging, the company signs a confidential agreement to manufacture products its clients have already developed. “But if they’re interested, we can always help them to expand their product lines,” Morse adds.

“A lot of our energy goes into developing other people’s brands,” he muses. “It’s not a glamorous way to go, but it happens to be a really good niche. I’ve found that there are so many business owners that really know how to sell their stuff that are looking to partner up with a good manufacturer. Every week, we’re developing tons of new products for existing customers and looking for opportunities with new customers.”

THE NEXT BIG THING

Hot Mama’s strives to keep its products as simple and all-natural as possible, but also understands this is not always achievable if customers request a 60-day shelf life. “I’ve been in the natural foods business for so long, I think the line between what’s really natural and what’s conventional has blurred a little bit,” Morse admits.

“At the end of the day, we have to take care of our customers, but I won’t make something I feel is something I wouldn’t want to eat or feed to my kids,” he adds.

The company has been looking into new technologies for shelf life extension without the use of preservatives. This can be achieved through a system that removes oxygen from dip, spread and salsa containers. In addition, Hot Mama’s is investing into plastic pouches as a way to replace plastic containers because they are more cost-effective and have a smaller plastic footprint, Morse notes.

“We try to keep things as green as we can,” he says. “We’re looking into buying biodegradable plastic containers, first and foremost, because it’s the right thing to do, just from a philosophical point of view.

“It’s also a good selling point. A lot of big companies have been looking for ways to be more sustainable or to have a greener image, and when Walmart speaks, people listen.”