Market Overview

Greenfield Farms Food Announces Letter of Memorandum with NOHO, Inc. for Insurance Syndication


WEST PALM BEACH, FL / ACCESSWIRE / May 8, 2017 / Greenfield Farms Food, Inc. ("GRAS" or the "Company") (OTC PINK: GRAS) is excited to announce the Letter of Memorandum with NOHO, Inc. (OTC PINK: DRNK) and the formation of an insurance syndication model. We believe this will provide a vertical strategic initiative in order to maximize shareholder value.

Ron Heineman, CEO commented, "With over 35 years of Human Resource Outsourcing experience in the Restaurant/lodging, Temporary Staffing, Professional Employer organization (PEO) co-employment companies including various HRO models, we believe the demand for employee benefits continues to grow; especially in the current environment for businesses employing large numbers of employees. We look forward to growing the combined entities while adding additional transactions to benefit GRAS shareholders. We are working diligently to bring our financial reporting up to date."

For further information, please see the press release issued today by NOHO Inc.

About Greenfield Farms Food, Inc.

GRAS is a publicly-traded nominally capitalized company operating through its wholly-owned subsidiary Carmela's Pizzeria CO, Inc. through the Carmela's Pizzeria Dayton restaurant locations that include pizza buffets, alcohol service, delivery and carry-out depending on the location.

Safe Harbor for Forward-looking Statements

This news release may contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey to the public the company's progress, business opportunities and growth prospects, they are based on managements current beliefs and assumptions as to future events. However, since the company's operations and business prospects are always subject to risk and uncertainties, the forward-looking events and circumstances discussed in this news release might not occur, and actual results could differ materially from those described, anticipated or implied. For a more complete discussion of such risks and uncertainties, please refer to the company's filings with the Securities and Exchange Commission.

Contact Information:

Greenfield Farms Food, Inc.


SOURCE: Greenfield Farms Food, Inc.

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