Greenfield Farms Food Inc : Greenfield Farms and Carmela's Pizzeria Reach Final Agreement for Closing
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CENTENNIAL, CO, July 15, 2013 ? (eTeligis via Accesswire) -- Greenfield Farms Food, Inc. ("Greenfield" or the "Company") (OTCQB: GRAS) announced today that the final amendment to its definitive agreement for the acquisition of Carmela's Pizzeria has been signed by the parties. The parties have begun the closing process and are moving expeditiously toward a closing date. 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.
Greenfield President Henry Fong, said, "We are very excited about the acquisition of Carmela's Pizzeria and its potential both regionally and nationally for future growth. They have built a successful concept that we believe is ready to move to the next level."
Carmela's Chairman Ron Heineman said, "We look forward to Carmela's Pizzeria becoming part of a publicly-traded company and all of the tools that provides. Access to financing available through the public markets will allow us to immediately move forward with building our company and implementing our business plan."
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 Carmela's Pizzeria
Carmela's presently has three 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 Dayton Daily News as one of "The Best Pizzerias" in Dayton. Visit the Carmela's website at: 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 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.
Thomas B. Olson, Public Relations
(303) 796-8940
Carmela's Pizzeria
Ron Heineman, Chairman & CEO
(513) 602-3268
SOURCE Greenfield Farms Food, Inc.
