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Non-Tech : All American Food Group(AAFG) -- Ignore unavailable to you. Want to Upgrade?


To: WEBNATURAL who wrote (237)7/28/1998 10:58:00 AM
From: LiveWire  Respond to of 618
 
Stock-Line Interviews AAFG's CEOfor Internet Broadcast
July 28, 1998 09:48 AM

SOUTH PLAINFIELD, N.J.--(BUSINESS WIRE)--July 28 1998--Andrew Thorburn, All American Food Group's AAFG 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 CRTP , 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.the bagelpage.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.



To: WEBNATURAL who wrote (237)7/28/1998 3:54:00 PM
From: Yuri Aminov  Respond to of 618
 
We see some action today. The volume is a little higher than the average daily volume.