SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Cuisine Solutions (CUIS)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: leigh aulper who started this subject10/7/2000 1:04:48 PM
From: leigh aulper   of 29
 
selected from 10k
The Company also initiated investment in an Internet venture known as Star Chef
Alliance. The Company has entered into contracts with Daniel Boulud, owner of
Daniels in New York City, Charlie Trotter, owner of Charlie Trotters in Chicago,
Thomas Keller, owner of the French Laundry in Yountville, California and Mark
Miller, owner of the Coyote Cafe in Sante Fe. The Company will produce special
recipes provided by these renowned chefs and market these prepared meals direct
to home consumers via the Internet. The Company is in the process of developing
the web site, planning the fulfillment logistics and final development stages of
production planning. The chefs agreed to the arrangement with Cuisine Solutions
due to the unique ability of Cuisine Solutions to maintain the high quality
standards these chefs demand for a product associated with their name and
reputation. A test launch of the site is scheduled for February 2001.

During fiscal year 2000, the Company initiated a test in the In-Store Deli of a
major supermarket chain where Company Management could monitor consumer
acceptance and price points. Both retailer and Company Management were very
pleased with the results and plan to execute a larger scale roll-out of the
program and has already introduced the idea to some of the largest retailers in
the USA. A successful in-store deli program would allow the Company to reap the
high volume benefits of USA retail without the marketing investment usually
required with doing business with USA retailers. Demand for retail product in
France is expected to almost double during fiscal 2001 due to the continued
customer satisfaction with the quality and variety of product offered by Cuisine
Solutions France. The same customer is also anxious for the Cuisine Solutions
Brazil facility to begin operations, scheduled for January 2001. The Company
plans to take advantage of the established European relation ship to accelerate
sales from the Brazilian facility once it is operational.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext