Greenfield Farms Announces Update On Carmela's Pizzeria Closing

Jun 07, 2013, 07:00 ET from Greenfield Farms Food, Inc.

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:

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.