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FDFT Foodfest International 2000 Inc (CE)

0.000001
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Foodfest International 2000 Inc (CE) USOTC:FDFT OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.000001 0.00 01:00:00

Foodfest Engages StreetCapital as Financial Advisor and Investment Banker

17/11/2011 2:00pm

PR Newswire (US)


Foodfest International 2... (CE) (USOTC:FDFT)
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From Jul 2019 to Jul 2024

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VAUGHAN, Ontario, Nov. 17, 2011 /PRNewswire/ -- Foodfest International 2000, Inc. (OTCBB: FDFT), a Kosher, natural and organic food distribution company servicing the retail and institutional food industry in the U.S., Canada and Israel, today announced that it has retained StreetCapital as its financial advisor and investment banker to help management pursue strategic growth opportunities.

"Following a comprehensive review process, we have selected StreetCapital as an advisor and banker after determining they were the best strategic fit to help us accelerate our growth," commented Henry Ender, Foodfest's CEO.  "As we pursue our growth strategy organically and through acquisition, StreetCapital has the resources available on the M&A front to help close in on companies we have identified that will geographically expand our distribution, streamline our sales process and integrate manufacturing into our operations.  Given StreetCapital's history of success, we are confident this engagement will help FoodFest reach our goal to become a leader in the Kosher, organic, and natural food markets not only in North America but globally as well."

Vince Sbarra, President of StreetCapital commented, "We are excited to work with Foodfest's management to advance the Company's growth strategy.  The Kosher, organic and natural food market is expanding and we are eager to further unlock a potential the Company has only begun to tap."

About Foodfest International 2000, Inc.

Foodfest International seeks out new opportunities to enter into new broker agreements representing companies with products focused on Kosher, organic, and/or natural qualities. In addition, Foodfest International will pursue acquisitions or joint ventures with other brokerage firms, distributors, and manufacturers that also focus on these Kosher, organic, and natural qualities. Through its wholly owned subsidiaries and partnerships, Foodfest International sells and distributes a diversified portfolio of high-quality, shelf-stable, frozen and refrigerated foods across North America. For further information on company developments and information, please visit our website at www.foodfestamerica.com.

About StreetCapital

StreetCapital is a privately owned investment banking firm headquartered in Atlanta, Georgia that concentrates on providing unique and creative financial solutions to promising public and private companies spanning the small-cap, micro-cap and nano-cap markets.  StreetCapital provides organizations with a powerful mix of capital, expertise, and professional contacts that helps them achieve business success and maximize shareholder value.  The Investment Banking Group at StreetCapital has specialized in funding small and micro-cap companies since 1995, and as HPC Capital Management, they've consistently ranked in the TOP 10 Investment Banks in terms of most PIPE transactions completed since 2003.

Investor Contacts:

KCSA Strategic Communications

Todd Fromer / Rob Fink

(212) 896-1215 / (212) 896-1206

tfromer@kcsa.com / rfink@kcsa.com

SOURCE Foodfest International 2000, Inc.

Copyright 2011 PR Newswire

1 Year Foodfest International 2... (CE) Chart

1 Year Foodfest International 2... (CE) Chart

1 Month Foodfest International 2... (CE) Chart

1 Month Foodfest International 2... (CE) Chart

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