WEST PALM BEACH, FL / ACCESSWIRE / July 1, 2015 / Greenfield Farms Food, Inc. (Greenfield or the Company) (PINKSHEETS: 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:
Greenfield Farms Food, Inc.
Henry Fong, CFO
(561) 514-9042
SOURCE: Greenfield Farms Food, Inc.