Greenfield Farms Announces Scheduled Closing Of Carmela's Pizzeria Acquisition For June 5, 2013

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:





Greenfield Farms Food, Inc.




Carmela's Pizzeria

Thomas B. Olson, Public Relations




Ron Heineman, Chairman & CEO

(303) 796-8940




(513) 602-3268

SOURCE Greenfield Farms Food, Inc.




Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.