ENTERPRISE/TRIAD DEAL: By: Raskolnikov
Monday, 30 Oct 2000 at 1:13 AM EST
ENTERPRISE/TRIAD DEAL:
TWO THINGS:
1. STRU is still working out some of the details with EMG. This has to be completed.
2. The new USDA Label. Brent said if STRU can get the label in the next 1-2 months, then they might wait but if it was going to take 6 months, they would go ahead without it. Enterprise/Triad can't afford to wait much longer. They will lose too much money by waiting. They have supermarkets that want the meat and are waiting for the meat. (Kroger and Piggly Wiggly I believe)
The holdup is this: STRU is waiting for an inspector from the USDA to actually go out into the field and verify how STRU is raising the hogs, etc. The problem is getting someone to verify the process and nobody knows how long that is going to take.
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
Cheers
Voluntary Disclosure: Strong Buy : Long and Short Term
