CENTENNIAL, Colo., May 23, 2013 /PRNewswire/ -- Greenfield
Farms Food, Inc. ("Greenfield" or the "Company") (OTCQB: GRAS)
announced today that is has scheduled the closing of the previously
announced acquisition of Carmela's Pizzeria for June 5, 2013. The closing will complete the
acquisition of 100% of the equity interests of Carmela's in a newly
created wholly-owned operating subsidiary of Greenfield in exchange
for shares of Greenfield common stock and warrants.
"We are pleased to be completing the acquisition of Carmela's
Pizzeria and to move forward with becoming part of this exciting
multi-billion dollar segment of the food industry," stated
Greenfield President, Henry Fong. "The Carmela's team has created a
solid concept to build on that we believe will provide a great
opportunity to increase shareholder value for Greenfield and its
stockholders."
"We believe closing this transaction and becoming part of a
publicly traded company will allow us access to the capital we need
to grow the Carmela's brand," stated Ron
Heineman, Chairman and CEO of Carmela's Pizzeria. "We have a
solid foundation to build upon and look forward to carrying out our
business plan as part of Greenfield."
About Carmela's Pizzeria
Carmela's presently has three Dayton,
Ohio area locations offering authentic New York style pizza including one in the
process of moving locations. 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 Dayton Daily News as one
of "The Best Pizzerias" in Dayton. Visit the Carmela's website
at: www.carmelasohio.com
About Greenfield Farms Food, Inc.
The Company is a publicly-traded nominally capitalized producer and
marketer of "grassfed" beef supplying a North Carolina based grocer on a very limited
basis. The Company is currently seeking other business
opportunities to both expand its business and seek greater
capitalization in an effort to maximize shareholder value.
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 company's progress, business opportunities
and growth prospects, they are based on management's current
beliefs and assumptions as to future events. However, since the
company's 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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Carmela's
Pizzeria
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Thomas B. Olson,
Public Relations
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Ron Heineman,
Chairman & CEO
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(303)
796-8940
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(513)
602-3268
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SOURCE Greenfield Farms Food, Inc.