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GFY Foods, Inc. Provides Operational Update to Shareholders and Other Interested Parties Tuesday April 20, 10:00 am ET
BUFFALO GROVE, Ill., April 20 /PRNewswire-FirstCall/ -- GFY Foods, Inc. (OTC Bulletin Board: GFYF - News) announced today that it is continuing to aggressively move forward in all aspects of its business and operational processes in order to position the company for continued growth, increase revenue and provide incremental products and services that fit its target market of health conscious consumers. ADVERTISEMENT
The company is working on a number of acquisitions of existing Kahala franchises and other restaurants and researching how it can introduce new products that will integrate well with its existing line of beverages and snacks for the health conscious consumers. Business processes, acquisitions and product development initiatives include: developing a marketing budget that will help the company invest the appropriate amount of resources to drive consumer awareness in key geographic locations; weighing the options to start selling a private label line of health and fitness products that could also include vitamins; negotiating with two parties to purchase additional franchise locations and/or a well established Italian Restaurant located in the Chicago metropolitan area.
"We want to let our shareholders and other interested parties know that we are moving forward in our business processes and that we hope to have some exciting things to announce in the next few weeks and months, said Ed Schwalb, President of GFY Foods, Inc. "We have a bright future as a company and are very focused on growing our business in ways that will help us to diversify our revenue opportunities and leverage the locations of existing and new franchises. We also intend to offer a new suite of products and services that we think will be well received by our customers in order to better leverage our geographic locations."
The company is currently operational in the Buffalo Grove, Illinois and Elkhart Indiana areas but plans to become national by rolling out additional locations in key market segments and to work closely with the Kahala Corporation to locate new locations for its restaurants. It intends to open 8-10 new locations by the end of calendar 2004, in metropolitan areas where there is minimal competition and significant upside to build a brand and establish the company nationally. And, to continue to aggressively private label new/existing products that may integrate well with its existing line up of products and services.
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It will!! It better! I have half of my tuiton here!! hehe Also, the charts look pretty good! we'll crap the golden agg tomorrow morning!!! Good luck to all!
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Two Locations. __________ About GFY Foods, Inc. Founded in the spring of 2003 by Ed Schwalb -- GFY Foods is operating restaurant locations in Buffalo Grove, Illinois and Elkhart, Indiana. The company believes in the importance of providing high quality foods at affordable prices that are healthy alternatives to food that is now being sold to the American public. For more information please contact Ed Schwalb, President, 847.353.7554, 601 Deerfield Parkway, Buffalo Grove, IL 60089. ares@bwwonline.com
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Whew!... well, I just made a nice donation to someone.
I couldn't stomach leaving to work, and letting this go on its own.
Lost half my profits from the past couple months.
Let's see, what did I learn....
1. When I held on to GZFX for 3 months, I made over 250%.
2. I've dumped shares on the same day, but that was peanuts compared to what happened today. My gut is still wrenching.
3. I once was sitting on 1.1M shares of QBID, and watched it at it's highest PPS ever, and only sold enough to keep the remainder as free shares (sold about 1/3).
4. As QBID slowly started to come down, I sold off chunks of shares to buy into other stocks.
5. I once chased WNMI on the 1st day of a big run and made a nice 100% (the day that Paris Hilton PR came out). I've never chased before, so I consider myself luck.
6. I tried to catch this at the bottom and get out with a modest 10-15%. Instead, I lost over 30%.
7. This past week, I would have been better off just watching my balance stay-put in a CASH account.
... so what did I learn. Probably best to invest in companies with good potential... rather than chasing a sparking flame for quick cash.
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I bought a little more at .0034. I am buying low and selling higher. I am keeping a small number of shares. The number of O/S and the constant acquisitions make this an uncomfortable long term hold for me. But I can see the potential and don't want to not have any. The up and down prices make this a great trading vehicle. Which only brings in more traders and adds to its instability. Eventually it will shift up or down according to it's real value. GLTA-Debi
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Looks like we might be on the start of another little uptrend. Great job to the guys patient enough to get in sub .003.
Stupid me got in at .0049 yesterday because I was antsy. Barely looked at the charts, just came on here, saw some posts, knew a little about the company, saw it had hit .007 and bought. What a rookie mistake...
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But with QBID it's a differnet story. We haven't hit the big date yet on QBID. So holding out a stock like QBID isn't the worst idea. You have that May 15th date and this stock has so much potential that even people that bought in at the .027 high should be in the profit.
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There is a lot of potential here.....I would HOLD and WAIT....profits should be coming Thursday, check today's news. ANymore comments??
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A whole lot of pennies are showing a sea of red today. This is just one of very very many. So I really have no where to go but here for right now. Will set and wait. Maybe will rally late and into tomorrow. In for short term. But l will not take a lose on this one. If I have to I will hold it for awhile but do not want to.
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