Published: October 14, 2004
Wall Street Futures Reports on Featured Company Natural Harmony Foods (NHYF)
Wall Street Futures, a leading source of news
and information for the small-cap investor, continues to monitor Natural
Harmony Foods, Inc. as its featured company in the retail
space.
NHYF announced this week that it has reached agreements with qualified
copackers in Florida, Georgia and Pennsylvania for production of the
company's SoyLean® brand products. The selected copackers are USDA
approved and bring years of industry experience to their new role in
producing and packaging SoyLean® brand products. Collectively, the
copackers have produced for quick-serve restaurants such as Wendy's, as
well as for many of the leading U.S. foodservice companies. They also have
produced value-added products for such leading food marketers as Perdue,
Tyson, and ConAgra.
NHYF estimates that the Florida copacker has the immediate capability to
produce 20 million pounds of uncooked SoyLean® products annually with a
sales value of $50 million. The producers in Georgia and Pennsylvania each
can produce 10 million pounds of fully cooked SoyLean® products
specifically for retail sale; each of these outputs would have an annual
retail sales value of $35 million. The company projects that these
copackers will be able to satisfy the SoyLean® sales volume of the
eastern half of the United States through 2006.
NHYF's popular SoyLean® brand marries the taste and nutrition of natural,
lean beef, chicken and pork with the health benefits of soy. The company's
trial products were introduced in 2002 in Southern Florida Publix
supermarkets, where they became the first meat products ever to gain U.S.
government approval to include the soy heart health claim on their
labeling. For full retail production, NHYF intends to launch a line of
five products in the coming months: SoyLean® Flame Broiled Beef Patties,
SoyLean® Breakfast Sausage, SoyLean® Chicken Patties, SoyLean® Beef
Meatballs, and SoyLean® Chicken Strips.
Shares of NHYF closed Wednesday at $0.06, a price level that should attract
many investors. Wednesday's most active consumer companies also included
SIRIUS Satellite Radio , Merck , and Pfizer .
Important Notice and Disclaimer: Please Read
Wall Street Futures is a news service of the Wall Street Small Cap Reporter
(WSSCR). WSSCR, 866-249-4961, publishes reports providing information on
selected companies that it believes have investment potential. WSSCR is not
a registered investment advisor or broker-dealer. This report is provided
as an information service only, and the statements and opinions in this
report should not be construed as an offer or solicitation to buy or sell
any security. WSSCR accepts no liability for any loss arising from an
investor's reliance on or use of this report. An investment is considered
to be highly speculative and should not be considered unless a person can
afford a complete loss of investment. WSSCR has been hired as a consultant
and has been paid $10,000 by a third party for the publication and
circulation of this report. This report contains forward-looking
statements, which involve risks and uncertainties -- including, but not
limited to, risks associated with changes in general economic and business
conditions (including in the IT and financial information industries),
actions of competitors, the extent to which the company is able to develop
new services and markets for its services, the time and expense involved in
such development activities, the level of demand and market acceptance of
the company's services, and/or changes in its business strategies -- that
may cause actual results to differ materially from those set forth in the
forward-looking statements. For further details concerning these risks and
uncertainties, please request additional information directly from the
company featured above or obtain the SEC filings of the company including
the company's most recent annual and quarterly reports.
Copyright © 2012, MarketWire
Copyright © 2012, NewsBlaze,
Daily News