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tienlinn

01/01/11 11:35 PM

#942 RE: ANGRY HANK #941

This company habitually projects revenues that do not materialize. Anyone recognize this press release?
International Food Products Group Project Biotech (USA) Inc. Finalize Sales/Distribution Agreement That Anticipate Revenues in Excess of Twenty-Five Million Dollars During the First Three Years

NEWPORT BEACH, Calif., Sept. 22 /PRNewswire-FirstCall/ -- Richard Damion,International Food Products Group's CEO (OTC Bulletin Board: IFPG) and Stephen Whittington, Project Biotech's (USA) CEO announce the signing of an agreement granting sales and distribution rights in the United States to IFPG for a new
line of Organic household cleaning products. Damion added, "Project Biotech will be providing two million five hundred thousand dollars in market support
to facilitate product placement in major retailers." Stephen Whittington said, "The agreement with IFPG is exclusive to the United States and we are forecasting revenues during the first three years to exceed twenty-five million dollars."
Since this quote two years back the company has not made one penny of revenue. Why believe more blather?