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OTC says over 500 million shares. Where are you getting 9.5 Million OS?
Speculation for a few shares is all.
Why did you buy if you don't know?
Yes, we are eye to eye. I just saw that article. As I put the few puzzle pieces together, it seems likely that the deal has been resurrected, but I am treating it as a Stage 2 Lotto play haha. Caveat Emptor proceed with caution.
I also watched it all day expecting a drop. Closed very strong so I slapped the ask also just following the money here. Is there a merger / buyout completion expected? Check out the last Q from May 31 2018:
https://backend.otcmarkets.com/otcapi/company/financial-report/189164/content
Maybe the resurrected Pasta Romana deal is going to through soon? Seemed like the snag was just some bank loan transfer issue which was a temporary thing. RFBC traded up to $0.90 in January 2018 based on the deal..
10-24-2018 Romana Food Brands Corp Announces Cancellation of Acquisition of Pasta Romana
https://www.newswire.ca/news-releases/romana-food-brands-corp-announces-cancellation-of-acquisition-of-pasta-romana-698426522.html
"The shareholders of 9886753 Canada Inc. advised the Issuer that its financial institution did not permit, while its loan was outstanding, that these majority shareholders transfer their shares to a third party, namely the Issuer. At the signing of the acquisition agreement, neither the Issuer nor the shareholders of 9886753 Canada Inc. were aware of any restrictions as to the transfer of shares from the shareholders of 9886753 Canada Inc."
"The Issuer assures its shareholders that it shall pursue its business in the food industry and shall continue in the procedures to acquire Michelis Foods based in Italy."
I watched it all day at .002x bid and .004x ask . Soon as I freed my funds, it got slapped SILLY. I chased but I'm following the $ here...
I bought in some at .0095 why is this flying up today?
Recent Trades -
Time ET Ex Price Change Volume
10:58:38 Q 0.0039 0.0027 1,000
09:45:46 Q 0.004 0.0028 14,953
09:44:39 Q 0.0049 0.0037 4,881
09:44:39 Q 0.0042 0.003 4,881
09:44:32 Q 0.0042 0.003 100,200
09:44:23 Q 0.0042 0.003 81
09:44:23 Q 0.0042 0.003 74,919
09:43:51 Q 0.0042 0.003 20,000
09:42:25 Q 0.0065 0.0053 100
09:41:38 Q 0.004 0.0028 15
$RFBC: Facebook updates.... Costco Roadshow 2019 underway
https://www.facebook.com/PastaRomanaPR/photos/a.467973223383644/1076804072500553/?type=3&theater
Go $RFBC
$RFBC: Michelis $19Million Revenue Generator
Sounds like a good plan.
They should be close to finalizing the deal.
Some interesting volume showing up here.
Low floater should take it to over $0.05 from here.
GO $RFBC
Thanks for sharing makinezmoney
$RFBC: Michelis at Eataly in NYC
www.michelis.it/uk/eataly.aspx
https://miaemilia.com/products/egg-dried-tagliolini
https://miaemilia.com/products/egg-dried-fettuccine
************************************************************8
ABOUT US
The History
In 1919, in Mondovi', in a room in the rear of a tavern, a small firm making fresh pasta and home-made patisserie was started by a very ambitious and hard-working man: Mario Michelis.
Soon, the products were well received by the customers who, though few, were a source of satisfaction for Mr Michelis.
In less than 5 years the former tavern became a big 200 square meter handicraft factory, with a daily production of an average 100 Kilos.
Unfortunately, the 2nd World War held back the development of a number of production lines and also Mr Michelis' business came to a stand-still. The actual re-birth of the factory trading came after 1945, building new facilities and creating a local distribution network limited to the Monregalese area and surrounding towns, which offered more employment. In 1962 the factory, which was in continuous growth, was passed over to Mr Michelis' son Egidio, who had always shown an interest in this sector. Therefore, following his father's footsteps based on the research of product quality, he opened a new selling base in Loano, in the province of Savona.
The continuous technical improvements kept Mr Egidio ahead in his field, always ready to modernise the factory, to stay in the forefront and to operate in a competitive market.
In 1974, the market demand new products from the factory. Alongside the traditional maize biscuits and jam tarts, he started producing cakes made with hazelnuts, almonds, walnuts and chestnuts, following the old recipes.
Foto stabilimento
This new production line starts the "Michelis dolciaria" (Michelis patisserie). The products were an immediate success. Amplifying the production more, meant increasing staff, so Mr Egidio moved into a bigger factory. The distribution network notably increased in the province of Cuneo. In 1985 Mr Egidio's goal was to reach a bigger selling market with high quality fresh products and focusing on longer product preservation. This is when Mr Egidio launched a new frozen food line, called "Michelis sotto la neve" (Michelis under the snow).
In 1997 Mr Michelis decided to challenge another market goal, by making investments and focusing on the packing under protective atmosphere, combining the home-made production technique with the ultra-modern packaging, completely natural and without using any preservatives or chemical agents.
Moreover, the production line followed higher sanitation and hygiene rules, superior to the food products law.
In 1999, from an idea born to preserve and exploit the true "Paste di Meliga" tradition, an association was created, called "Consorzio per la tutela e la valorizzazione delle Paste di Meliga del Monregalese" (Association for the protection and the development of the Maize Biscuits of the Monregalese region), a project which was founded with the help of Mr Michelis.
The trade mark "Paste di Meliga", defines biscuits which are made with fresh eggs, high quality butter and locally ground flour.
The main ingredient, maize, of the "Ottofile" (Eight lines) variety, comes from a cultivation strictly controlled by the "Consorzio", following the agreement with the "Coldiretti", which follows the stages of the maize growth. The agreement between Michelis and the stone mill, allows the entire process to follow a direct line from the mill to the customers.
Today, in the Michelis factory, certified by the EC law n° IT 9-733/L, the new goal already underway, is to trace out the origin of all the raw materials and the ingredients.
By means of the CSQA association, Michelis is the first fresh pasta firm in Italy which has received the UNI 11020 agro industrial certificate (the production process control and the origin of all the raw materials).
The firm has now been passed onto Mr Egidio's two sons and daughter who, following in their grandfather's and father's footsteps aim to satisfy the demands of the selling market and continue to maintain a good relationship with the people who count most: the customers.
Of what use is your siggy? What does History.htm do for you?
wish you all the best
What are you trying to accomplish with the first part of your post being a link to AAPL?
buying may start up again ~ Food - Beverages board now
buying may start up again ~ Food - Beverages board now
Recent Trades
Time ET Ex Price Change Volume
11:44:55 Q 0.0025 0.0012 60,000
11:44:54 Q 0.0025 0.0012 46,000
10:30:36 Q 0.0025 0.0012 5,000
10:11:53 Q 0.00248 0.00118 7,500
10:11:52 Q 0.0026 0.0013 7,500
December volume starting L2 Double 0 thin
Maybe the Nevada SOS won't let John change the name of this wonderful corporation, until he coughs up the $1000+ that he owes them?
https://www.nvsos.gov/sosentitysearch/FeeDetails.aspx?ctok=wUIyXnOyO8q2rVC8vpJ7kQ%253d%253d
I believe that today is supposed to be the day of the big name change, hip-hip hooray!!!
But there might be a problem, Romana Food Brands Corp. is in default at the Nevada SOS. Their business license expired on 10/31/2018.
https://www.nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=wUIyXnOyO8q2rVC8vpJ7kQ%253d%253d&nt7=0
Less than a week until the big name change.
https://www.newswire.ca/news-releases/romana-food-brands-corp-announces-cancellation-of-acquisition-of-pasta-romana-698426522.html
Party like it's 1929.
Just 11 days until the big name change, is everybody excited. I can almost feel it in the air, almost.
On second thought, what is the dipshit dude running this smoke and mirrors show, waiting on to change the name, money? Hopefully his paycheck from his day job will cover the fee.
https://www.newswire.ca/news-releases/romana-food-brands-corp-announces-cancellation-of-acquisition-of-pasta-romana-698426522.html
a starter position or added possible ~ either or both is good
What does this mean?
it is a started
It's a scam. They authorize more shares and sell what they can. Then they reverse split this junk to raise the share price to make it attractive to newbies. It used to be bbrd selling werpo's tide generator. Then it was Pasta. Now they will make something else up to pursue as a business.
I know it is a start up - so was BBRD. still, what the hell is that trading?
I mean, who even knows about this stock to trade it? How can someone even purchase $9 worth of shares at .0063?
I believe yours copy/paste about this stock is very, very old information. Did you read this news item?
Romana Food Brands Corp is an emerging leader in the authentic Italian Food sector. The company is in the process of acquiring food processing plants specializing in Italian products.
Which is very different from what you posted:
Romana Food Brands Corp is an emerging leader in the authentic Italian Food sector, providing fresh, dried and frozen pasta and pizza to the food service industry as well as leading supermarket chains in North America.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=144442467
Ticker was changed from BBRD a while ago.
About Romana Food Brands Corp.
Romana Food Brands Corp is an emerging leader in the authentic Italian Food sector, providing fresh, dried and frozen pasta and pizza to the food service industry as well as leading supermarket chains in North America.
The Issuer assures its shareholders that it shall pursue its business in the food industry and shall continue in the procedures to acquire Michelis Foods based in Italy
Do you know anything at all what is going on with this company? Why and how does it even trade - there is so little about it.
could start with an I ~ Italian
Serious stuff:
The Issuer undertakes that it will file within 30 days a name change with the Secretary of State of Nevada, corporations division, to remove any reference to Romana Food or any derivative of the word Romana.
https://www.newswire.ca/news-releases/romana-food-brands-corp-announces-cancellation-of-acquisition-of-pasta-romana-698426522.html
2018-10-24 11:59 ET - News Release
Romana Food Brands Corp Announces Cancellation of Acquisition of Pasta Romana
Canada NewsWire
SHOULD hear News on that soon
So, has someone verified that the acquisition has been completed?
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PR Newswire
OAKVILLE, ON, Jan. 16, 2018
With A Distinctive "Made in Italy" Savory Signature, Michelis Brings Romana Quality, Authenticity, and Annual Revenues in the Range of 19 Million Dollars
OAKVILLE, ON, Jan. 16, 2018 /PRNewswire/ - Romana Food Brands Corp. (OTC Markets: RFBC) announced today the signing of a binding letter of intent to acquire the northern Italian based specialty artisanal producer Michelis Egidio SNC di Michelis C.M.M. ("Michelis"). This strategic acquisition will add $19 million USD in Annual Revenue to the corporation.
Romana will acquire 100% of Michelis, which was founded in 1919 and specializes in the production of fresh, dried and frozen pasta, baked goods and a line of desserts. According to the letter of intent, the company will proceed with a formal due-diligence, and expects to sign a definitive agreement within the next month and close the acquisition on or before April 30, 2018.
Michelis supplies numerous restaurants and vendors, including the distinguished global Eataly Italian marketplace; an establishment comprised of a variety of restaurants, bakeries, retail merchandise vendors and cooking schools. Eataly delivers to the most discerning palates for fine Italian cuisine from New York to Tokyo, and will soon be opening in Toronto.
"The integration of Michelis branded products within our distribution channels makes this a perfect match" said Morrie Fogelbaum, Chairman of Romana. "Our objective of becoming the new Italian food leader is becoming a reality thanks to our Mergers and Acquisitions strategy bringing one acquisition and integration at a time. This brings us a step closer to our target of achieving $100 million in Revenue for 2018".
The company is developing new technology to create the next generation of food traceability and control to be equipped for the ever-growing risks associated with health matters and the protection of brand trademarks. This technology is being created in partnership with leading experts and will yield significant returns to shareholders of Romana Food Brands Corp.
About Romana Food Brands Corp.
Romana Food Brands Corp is an emerging leader in the authentic Italian Food sector.
For more information on Romana Food Brands Corp., please visit www.romanafoodbrands.com and for more information about Michelis, please visit www.michelis.it
SOURCE Romana Food Brands Corp
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