Diamond Ranch Foods Outlines Significant Growth Plans
(firmenpresse) - Diamond Ranch Foods Outlines Significant Growth Plans
BRONX, N.Y.--Diamond Ranch Foods, Ltd. (OTC BB: DRFO - News), a meat and poultry processing and foodservice distribution company, is pleased to report to shareholders and the investment community some of its corporate goals and growth objectives for their 2011 fiscal year beginning April 1, 2010.
• Diamond Ranch Foods is confident in forecasting double-digit sales growth in each of the next 4 quarters beginning with the start of the Company’s 2011 fiscal year, which began April 1, 2010.
• Diamond Ranch Foods is actively perusing profitable merger and acquisition candidates that will directly benefit the Company’s existing customer’s high quality food needs and/or expand the Company’s regional client footprint.
• Diamond Ranch Foods is finalizing diversity plans to their existing product lines and expects to begin offering a much greater variety to all current and potential customers shortly.
• Diamond Ranch Foods is in employment contract talks with several highly successful, seasoned executive management professionals with foodservice industry expertise, to help maximize current growth objectives and propel the Company to the next level of operational expansion.
• Diamond Ranch Foods plans to significantly increase its exposure to the restaurant and hospitality industry and will market itself as a premier “center of the plate” foodservice supplier.
• Diamond Ranch Foods is expanding production capabilities and will begin ramping up the size of its sales force to meet the expected higher demand from more products and new customers.
Mr. Louis Vucci, Jr., President and CEO of Diamond Ranch Foods, states: “The Company’s revenue and earnings outlook for the fiscal year ahead are extremely positive. We have streamlined operations, expect to conclude our initial expansion initiatives shortly and are currently involved with some very promising, potential acquisition candidates, any of which should add significant shareholder value.”
About Diamond Ranch Foods, Ltd.
Diamond Ranch Foods is a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry and foodservice items, including private label and custom-cuts, which can be prepared fresh, frozen or vacuum-packed. The Company operates a fleet of refrigerated trucks for delivery throughout the New York metropolitan area and ships coast to coast via common carrier.
The Company's USDA-inspected facility is located in the Hunts Point Cooperative Market (Bronx, New York), which is the largest food distribution center in the world, and boasts a highly-diversified customer base throughout the tri-state region, including; supermarkets chains, restaurants, hotels, deli/catering operators, institutions and industry suppliers.
Please visit www.DiamondRanchFoods.com for additional information on the Company.
Safe Harbor Statement
Statements contained in this presentation that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. The forward-looking statements are made based on information available as of the date hereof, and the Company assumes no obligation to update such forward-looking statements. Forward-looking statements are sometimes identified by words such as "intends", "anticipates", "believes", "expects", and "hopes" and involve a number of risks and uncertainties that could cause the Company's actual results to differ materially from projected results. All parties are cautioned that such forward-looking statements involve risks and uncertainties that could cause the Company's actual results to differ materially from those in these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the Company's products and services and any other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.
Contact:
Investor Relations:
Riverview Capital Enterprises
Jon Barkman, 866-845-0105
Leseranfragen:
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Datum: 19.04.2010 - 17:10 Uhr
Sprache: Deutsch
News-ID 19274
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Wien
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Business News
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