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Replies to post #20053 on Greenfield Farms Food Inc. (fka GRAS)
Pinky Buster
11/15/14 11:11 AM
#20054 RE: Bernie-UK #20053
"significant change in results of operations" The Company completed the acquisition of the assets of Carmela’s Pizzeria in October 2013, the addition of which operations will significantly change the results of operations for the periods reported. It is expected the results of operations for the nine months ended September 30, 2014 will be a loss in excess of $1,000,000 versus a loss of approximately $80,000 for the Carmela’s operations in the same period in 2014. This increase is primarily attributed to derivative liabilities and related expenses from the Company’s convertible notes outstanding. http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10306216