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Microcap & Penny Stocks : CRGI... (Creative Gourmet)... The DD. -- Ignore unavailable to you. Want to Upgrade?


To: kbert who wrote (63)6/12/1999 4:00:00 AM
From: Tom Allinder  Read Replies (2) | Respond to of 411
 
CRGI update:

Panic selling this morning... In advance of the following developments:

1. As I have posted, CRGI has acquired Homebaked, Inc. 14,000 square foot facility. The value of Homebaked, Inc acq goes well beyond the 14,000 ft facility...

There are also the contracts with some of the following companies:
Sam's Club and Nutritional Resources. There are others which CRGI will pick up through the old Homebaked contracts. Big names are
included in this list.

A list of clients that are currently being served (not a wish list, but actual clients):
Disney
Sysco ($22B food distributor nationwide)
Holland America Cruise Lines
Cooker Restaurants
Hyatt Hotels
Applebees
Pizza Hut

CRGI has a list of clients 3 pages long. Most of these are Florida based. The company is actively negotiating distributorships nationwide. The Co also attends trade shows to get exposure for their products.

CRGI has a large line of frozen pies, cakes etc and a wide variety of pasta. This is a niche market which is growing because it is cheaper
for restaurants, hotels etc to buy from a distributor than produce the
goods themselves.

There are a number of other things that are developing which the Co wants to see materialize before releasing the news...

4. There is a pattern here: Notice how CRGI waits until deals are DONE before releasing news? None of this in negotiations with, in discussions with, intentions of, and other BS statements you see in other NRs from other companies every day.

5. The new facility (Homebaked, Inc's) is in process of being readied for production. There will be a blow out-party Sometime between the 1st and 15th of July. I will pass on to the company (serious about attending) the names of shareholders who are interested in attending. I will be there for sure...
unless... there is a hurricane in the Atlantic.

Tom