Greenfield Farms Food ANNOUNCES PLANS FOR VERITCAL EXPANSION
WITHIN THE RESTAURANT INDUSTRY
West Palm Beach, FL -- July 17, 2015 -- InvestorsHub NewsWire --
Greenfield Farms Food, Inc. (Greenfield or the Company) (OTC Pink:
GRAS) announced today that it has formed a wholly-owned
subsidiary, Restaurant Management Ventures (RMS), to be headed by
Ron Heineman, the Chief Executive Officer of the Company. The
primary focus will be the identification of businesses that are
complementary to the core Carmelas Pizzeria operations and its
planned future franchisees and will consider all vertices related
to the restaurant industry.
Once prospective businesses are identified, the Company plans to
acquire and/or develop those other food franchising ventures that
it believes will be complementary to its current operations. This
approach will create co-branding opportunities to future
franchisees providing added value to their businesses. In addition,
the new entity will be seeking other core food businesses that
could cash flow and grow on a stand-alone basis apart from Carmelas
Pizzeria.
We are excited about the formation of this vehicle that will
bring the respective talents and experience of our management team
to bear, said Ron Heineman, Greenfield President and Chief
Executive Officer. With over 60 years of combined business and
restaurant operations experience we believe RMS and its management
will be uniquely positioned to build on our current core
business.
The shareholders will be updated on this new venture and
developments 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.
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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