American Food Co., Inc. Rated 'Speculative Buy,' Target Price $.40 by Beacon Equity Research.DALLAS -- American Food Co., Inc. (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). : AFHD AFHD American Fund for Human Development AFHD Away From His/Her Desk ) has been rated "Speculative Buy" with a target price of $.40 by Beacon Equity Research Analyst, Lisa Springer, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. . The full report is available at http://www.BeaconEquityResearch.com Anyone interested in receiving alerts regarding American Food Co., Inc. research should email members@beaconequityresearch.com with "AFHD" in the subject line. In the report, the analyst writes, "American Food Co., Inc manufactures and markets beef jerky and other snack foods under the "Reinhold & Timko Beef Snacks" brand name. The Company's jerky product line includes items made from premium cuts of beef, chicken and turkey. American Food supplies products to more than 300 distributors across the US." "The Company is planning to expand its largely regional base of operations Noun 1. base of operations - installation from which a military force initiates operations; "the attack wiped out our forward bases" base air base, air station - a base for military aircraft army base - a large base of operations for an army through the introduction of an outlet marketing division - Beef Jerky Outlet Corp. (BJO). BJO will play a pivotal role in its expansion plans by authorizing new franchisees and distributors." Other companies in the beef snack market include Frito Lay (NYSE NYSE See: New York Stock Exchange : PEP), ConAgra Foods (NYSE: CAG CAG 1 Chronic atrophic gastritis 2 Coronary angiography, see there ) and Bridgford Foods Corp. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : BRID). Beacon Equity Research Disclosure The analysts contributing to this report do not hold any shares of American Food Co., Inc. (AFHD). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research ("Beacon") certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. Beacon has directly been compensated a total of three hundred thousand free trading AFHD shares from a non-controlling third party (Project Development Corp) for enrollment in its research program. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change. |
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