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Re: davidam post# 4847

Saturday, 05/27/2006 8:52:39 PM

Saturday, May 27, 2006 8:52:39 PM

Post# of 19263
Davidam, thank you for your reply! In terms of the acquisition of Pasta Italina, it seems like this is maybe a done deal. I saw mention of the issuance of more shares (10 million? - I'm a little fuzzy on that yet), but I also saw this in the 10Q.

"As we seek to increase our sales of perishables, . . . and if the option to purchase the pasta company is exercised, we may use existing cash reserves, long-term financing, or other means to finance such diversification."

***Cash flows from investing activities***

Funds advanced to extend an option to purchase (203,157 )
Acquisition of property and equipment (4,521 )

Am I correct in saying that the $207k and change stated in the 10Q is related to the acquisition of Pasta Ital.? Also, do you have any link to more info. on Pasta Ital.?

I apologize that at this point I'm only asking questions (instead of supplying info.), but I appreciate the info. you, Robsaia, dodostall, Laking and others have kindly provided!
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