AAFG, Shadow I understand what you're saying. In my opinion, the company is turning around. Here is another news release.,.,.,.,.
Tuesday July 28, 10:06 am Eastern Time
Company Press Release
REPEAT/Stock-Line Interviews AAFG's CEO for Internet Broadcast
SOUTH PLAINFIELD, N.J.--(BUSINESS WIRE)--July 28 1998--Andrew Thorburn, All American Food Group's
(NASDAQ Bulletin Board: AAFG - news) founder and CEO, was interviewed this week for a program broadcast by
Stock-Line, the stock traders' news network. Stock-Line is the publisher of Wall Street Reporter, and its popular web site
receives two million hits a month. The entire interview can be heard via Stock-Line's web site, www.stock-line.com.
AAFG is the parent company of the 38-store Goldberg's New York Bagel chain. In his interview, Mr. Thorburn discussed
AAFG's expansion beyond the bagel business into SoupChef International Gourmet Soups, a full line of 100% fruit juice
smoothies, and AAFG's recent acquisition of several of the properties of CRT Corporation (NASDAQ Bulletin Board: CRTP
- news), a diversified food company based in California.
All American went public in 1997, and after significant losses as a startup company, their most recent quarterly report shows a
tremendous improvement by cutting their losses by about 60 percent.
The combination of expanded menu which will significantly improve Goldberg's lunch business, plus the acquisition of CRT
indicate the financial profile of a company that is going to be profitable.
As far as the stock price today, Mr. Thorburn feels the company is in a turnaround situation and is undervalued. He invites
everyone to visit the site to read or listen to the interview, which is also available at AAFG's web site,
www.thebagelpage.com.
This press release contains forward-looking statements. The Company's actual performance might differ materially from that
projected in such forward-looking statements for numerous reasons, including those contained in the Company's Annual
Report on Form 10-KSB and other periodic reports filed with the Securities and Exchange Commission.
Contact:
All American Food Group, S. Plainfield, NJ
Andrew Thorburn, 800/776-5940
or
Lisker Gedney Stover, Inc., Yonkers, NY
Tom Lisker, 914/376-6767 |
