Greenfield Farms Food, Inc. ANNOUNCES COMPLETION OF FILINGS TO
ACHIEVE FULL REGULATORY COMPLIANCE AND SIGINING OF KEY AGREEMENT
FOR DEVELOPMENT OF CARMELAS PIZZERIA NATIONAL FRANCHISING
PROGRAM
West Palm Beach, FL -- July 1, 2015 -- InvestorsHub
NewsWire -- Greenfield Farms Food, Inc. (Greenfield or the
Company) (OTC Pink: GRAS) announced today that it has filed its
2014 SEC Form 10-K and 2015 first quarter Form 10-Q making the
Company current in all of its SEC filing obligations. The second
quarter SEC Form 10-Q is due on August 14, 2015.
The Company also announced that its wholly-owned subsidiary,
Carmelas Pizzeria (Carmelas), has signed a franchise consulting
agreement with SoFran, LLC (SoFran) to develop the formation and
roll-out of a nationwide franchising program. SoFran will be
developing a detailed master franchise agreement including all
legal and compliance documentation and will also evaluate each of
the four existing Carmelas Pizzeria locations in Ohio to determine
the best nationwide model. In 2014, the Company announced its plan
to move forward with a franchising program, but delayed these plans
as it worked to open, in spring 2015, its newest location featuring
its first ever drive-thru window. The Company chose to defer its
franchising plans until this location had opened to include the
drive-thru concept.
SoFran has an extensive track record in building brands and
networks of franchises across the United States. Wayne Mills,
President of SoFran commented: Carmelas Pizzeria has built a great
concept that has the potential to be a recognizable brand
throughout the Country. We look forward to working with Carmelas to
launch a successful franchise program.
We plan to bring the best possible skills to this undertaking,
continued Mr. Mills. We are presently in discussions with an
individual to spearhead the project that has recently developed a
3,000 unit national franchising roll-out for a health and fitness
chain.
The Company will provide further updates as events occur.
About Greenfield Farms Food, Inc.
Greenfield is a publicly-traded, nominally capitalized company,
operating through its wholly-owned subsidiary Carmelas Pizzeria CO,
Inc. Carmelas Pizzeria restaurants includes pizza buffets, alcohol
service, delivery and carry-out, depending on the location.
Greenfield has previously been a limited producer and marketer of
"grassfed" beef that supplied a North Carolina based grocer.
About Carmelas Pizzeria
Carmela's Pizzeria presently has four Dayton, Ohio area
locations offering authentic New York style pizza. Carmela's
offers a full service menu for Dine In, Carry out and Delivery as
well as pizza buffets in select stores. Carmela's has been
noted in the Dayton Daily News as one of "The Best Pizzerias" in
Dayton. Visit the Carmela's website at: http://www.CarmelasOhio.com/
Safe Harbor for Forward-looking Statements
This news release may contain forward-looking statements that
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. While these statements
are made to convey to the public the companys progress, business
opportunities and growth prospects, they are based on managements
current beliefs and assumptions as to future events. However, since
the companys operations and business prospects are always subject
to risk and uncertainties, the forward-looking events and
circumstances discussed in this news release might not occur, and
actual results could differ materially from those described,
anticipated or implied. For a more complete discussion of such
risks and uncertainties, please refer to the company's filings with
the Securities and Exchange Commission.
Contact Information:
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Greenfield Farms Food, Inc.
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Henry Fong, CFO
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(561) 514-9042
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