SAN DIEGO, Dec. 4 /PRNewswire-FirstCall/ -- US Farms, Inc. (OTC Bulletin Board: USFM), a diversified commercial Farming and Nursery company, announced today that OTC Financial Network (OTCFN), a division of National Financial Communications Corp. (NFC), has issued a corporate profile on the Company. The OTCFN Report details US Farms, Inc.'s current operations, industry and consumer market trends, future strategies for growth and management team. Interested parties can download the report at http://www.otcfn.com/usfm/usfm-report.pdf or call 561-837-8057x2 for reprints.
Geoffrey Eiten, publisher of the OTCFN Report, noted the following highlights: "US Farms, Inc. currently generates revenue streams from Aloe Vera Produce, Plant and Bulk Leaf Sales that have gross margins between 40% and 60%. To complement its large-scale farming activities, US Farms, Inc. is taking the steps to begin manufacturing, marketing and selling finished Aloe Vera based products with gross margins of 100% and higher."
"US Farms, Inc. is on the heels of closing its acquisition of Energy Aloe, Inc. in the first quarter of 2009 and plans to launch its first all natural energy booster trademarked EnergyAloe (R) which will bring a proprietary formulation to the nutraceutical energy drink market. With an expanded focus on Aloe Vera-containing finished goods, US Farms, Inc. plans to achieve significant sales and earnings growth over the near and long term through its diversified farming and nursery products," concluded Eiten.
About OTC Financial Network
Since 1992, OTC Financial Network (OTCFN) has carved its niche as the nation's leading small/micro-cap investor relations and financial communications firm. OTCFN is a division of National Financial Communications Corp. (http://www.nationalfc.com) based in Needham, MA. For information, visit http://www.otcfn.com.
OTC Financial Network serves as special advisor to US Farms, Inc. and has received fees for services, including a monthly fee of two thousand dollars paid in cash per month for six months, plus two hundred thousand shares of restricted stock along with an option for two hundred thousand shares exercisable at fifty cents per share, plus expenses, for the creation and implementation of an awareness program, including the OTC FN Report. This is not an offer to buy or sell securities. Information or opinions in this release are presented solely for informative purposes, and are not intended nor should they be construed as investment advice. A full disclaimer can be found online by visiting http://www.otcfn.com/usfm/disclaimer.html.
About US Farms, Inc.
US Farms, Inc. is a diversified commercial Farming and Nursery company. The company currently grows, markets and distributes horticultural products through a number of its wholly owned subsidiaries. US Farms, Inc. is one of the largest domestic growers of Aloe Vera, producing well over 6 million pounds annually. The Company plans to further vertically integrate by moving into the sales and marketing of Aloe Vera based Nutraceutical products. The Company's products are sold through supermarkets, home centers, retail merchandisers, garden centers, mail order, direct sales, re-wholesalers, and landscapers throughout the United States and Canada. Through internal growth and strategic acquisitions, US Farms, Inc. is expanding its market share in its businesses. For more information, visit http://www.usfarmsinc.com.
This press release contains forward-looking statements within the meaning of the Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."
Such statements are based on expectations, estimates and projections at the time the statements are made and involve a number of risks and uncertainties, including, but not limited to, our ability to produce and market a nutraceutical Aloe Vera based energy supplement in the United States; acceptance by the market of an Aloe Vera nutraceutical supplement; continued popularity of the energy drink marketplace; the continued production of Aloe Vera products; the Company's ability to develop an energy drink from a whole food source; the expansion and growth of farming and nursery products; ability to raise additional capital; the impact of competitive products; product demand; fluctuations in operating results and other risks detailed from time to time in US Farms, Inc.'s filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those indicated. US Farms undertakes no obligation to revise or update such statements to reflect current events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
|SOURCE US Farms, Inc.|
Copyright©2008 PR Newswire.
All rights reserved