Is PDSC future in Dallas,Texas?
Having read all the PR's and listened to all the MN1 interviews and belive me I am having to pul this thought together as our CEO is very shaky on details for shareholders. But taken today's PR piece this little paragraph tells the story of where Kearny is going with PDSC.
I have amny questions about the paragraph below but Kearny is not available to answer them.
1) Do these facilities really exists?
2) Who owns them?
3) What food processing contractors are lined up to use these
facilities and what is the estimated revenue for these plants?
4) Whats the cost to run three facilities with 900 employee's?
5) Where did you get the capital to make this transaction with three new facilities? Dilution!
As a former CEO you do not go out and buy three 95K food processing plants , hire 300 employee's per plant, have bills coming in for monthly costs and have no contracts lined up for business!
The story in 2007 will unfold quickly as to whether or not this is the real deal..either success or BK.
Clarence Karney, CEO, states, "The additional three facilities in the Dallas area will increase the market share of Food Safe Produce by 300 PERCENT. These facilities will provide employment of over 300 positions per facility based on three shifts per day. Using the PDSC Food Safe Process proactive approach to sanitation and disinfection for the removal of food borne illness pathogens present in fresh produce. The process provides a complete audit trail. PDSC has finished a cost effective SOP Proposal for the review of governmental agencies regulating the fresh produce industry. This process will provide a food safe product for the CONSUMER with confidence of PROTECTION."
If any poster is within driving range of Dallas,Texas it would be worth the time and effort to see if these facilities really exist and are open for business in mid-January. I will go so far to say that I will reimburse you for your time. I would go but I am located in the Northeast.
Good Health and Holiday Greetings.
Investor100
