CENTENNIAL, Colo., June 7, 2013 /PRNewswire/ -- Greenfield
Farms Food, Inc. ("Greenfield" or the "Company") (OTC/QB: GRAS)
announced today the status of its closing with Carmela's
Pizzeria. At this time, the final closing has not yet been
finalized and requires additional time. Several issues have
arisen that require the advice of each respective party's
advisors. When finalized, 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 stock and warrants.
In a joint statement, Greenfield President Henry Fong, and Carmela's Chairman Ron Heineman said, "Both parties look
forward to a satisfactory resolution of the issues that have
surfaced as well as the conclusion of this merger."
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:
|
|
Greenfield Farms
Food, Inc.
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Carmela's
Pizzeria
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Thomas B. Olson,
Public Relations
|
Ron Heineman,
Chairman & CEO
|
(303)
796-8940
|
(513)
602-3268
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SOURCE Greenfield Farms Food, Inc.