Smoky Market Foods (SMKY) 0.0180 $SMKY
Smoky Market Foods Inks Development Agreement with Iowa Processor, Includes Venture Financing
ACCESSWIRE - Wed Jul 16, 1:10PM CDT
WEBSTER CITY, IA / ACCESSWIRE / July 16, 2014 / Smoky Market Foods, Inc. (OTC PINK: SMKY) announced today the execution of a strategic development agreement with its long-time, Iowa meat processing affiliate, MaryAnn's Specialty Foods, Inc. (MaryAnn's). "We've got a lot of years together and know each other very well; the owners of MaryAnn's know the industry and that it's a perfect time for our product niche. They are also a large shareholder who wishes to join forces with SMKY to support our success," said Eddie Feintech, Chairman, President & CEO of the Company. "MaryAnn's brings over 40 years of successful meat processing experience and a large customer base of value-added food buyers. This development agreement is a demonstration of their commitment to SMKY with a minimum $650,000 of inventory and receivable financing, which will enable a rapid growth of our revenue," he continued.
Smoky Market Foods Fuels Operations With Investor Support
Marketwire - Tue Jul 08, 7:10AM CDT
Smoky Market Foods, Inc. (OTC Pink: SMKY) (PINKSHEETS: SMKY) announced today that continued investor support being received principally from existing shareholders is fueling operations and keeping the Company on track with the process of manicuring its corporate profile. "It's been the incredible support from shareholders that has been funding our operations via favorable financing structures, especially during a time when SMKY's collapsed market would have otherwise resulted in huge shareholder dilution from traditional investment banking investment," said Eddie Feintech, Chairman, Pres. & CEO of Smoky Market Foods, Inc. "We're in firm control of our destiny," he said.
Smoky Market Foods Inks Development Agreement with Iowa Processor, Includes Venture Financing
ACCESSWIRE - Wed Jul 16, 1:10PM CDT
WEBSTER CITY, IA / ACCESSWIRE / July 16, 2014 / Smoky Market Foods, Inc. (OTC PINK: SMKY) announced today the execution of a strategic development agreement with its long-time, Iowa meat processing affiliate, MaryAnn's Specialty Foods, Inc. (MaryAnn's). "We've got a lot of years together and know each other very well; the owners of MaryAnn's know the industry and that it's a perfect time for our product niche. They are also a large shareholder who wishes to join forces with SMKY to support our success," said Eddie Feintech, Chairman, President & CEO of the Company. "MaryAnn's brings over 40 years of successful meat processing experience and a large customer base of value-added food buyers. This development agreement is a demonstration of their commitment to SMKY with a minimum $650,000 of inventory and receivable financing, which will enable a rapid growth of our revenue," he continued.
Smoky Market Foods Fuels Operations With Investor Support
Marketwire - Tue Jul 08, 7:10AM CDT
Smoky Market Foods, Inc. (OTC Pink: SMKY) (PINKSHEETS: SMKY) announced today that continued investor support being received principally from existing shareholders is fueling operations and keeping the Company on track with the process of manicuring its corporate profile. "It's been the incredible support from shareholders that has been funding our operations via favorable financing structures, especially during a time when SMKY's collapsed market would have otherwise resulted in huge shareholder dilution from traditional investment banking investment," said Eddie Feintech, Chairman, Pres. & CEO of Smoky Market Foods, Inc. "We're in firm control of our destiny," he said.
