Barrington Foods in Negotiations to Acquire Private Food Distributor.Business Editors LAS VEGAS--(BUSINESS WIRE)--March 25, 2003 Barrington Foods International, Inc. (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BFII) announced today they have, together with their financial advisors at BBX BBX Business Basic Extended BBX Business Barter Exchange BBX Blue Bell, Pennsylvania (Airport Code) BBX Blockbuster Express (UK video store) Equity Group, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , (www.bbx-equity.com) begun negotiations to acquire a privately held food distributor. The distribution company has over a decade of continuous operating history, and is established with numerous mass retailers and grocery chains. "We are working hard to create added value to our shareholder equity," stated Rendal Williams, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Barrington Foods. "The efforts of Barrington management, together with our associates at BBX Equity Group, will hopefully result in our issuing a LOI LOI Letter of Indemnity (international trade and carriage business) LOI Letter Of Intent LOI Loss On Ignition LOI Letter of Inquiry LOI Lack Of Information LOI Lack of Interest LOI Letter of Invitation LOI List Of Items (Letter of Intent) shortly, for this pending acquisition. We will announce further details when they are available." About Barrington Foods International, Inc. Barrington Foods principal activities are focused in the wholesaling of select food products and proprietary formula development. The company's core product line is Soy and Dairy based powdered milk products, including their foremost product, Pride & Joy(R), an infant formula. The company will be introducing other complimentary products, such as dried fruit snacks, powdered juice crystals, flavor formulas, and high protein drinks, in the coming months. Barrington Foods has exclusive distribution agreements for products imported into the USA, such as gourmet coffees from Vietnam and Guatemala, and are vertically integrated through the manufacture and wholesale distribution of proprietary products. About BBX Equity Group, LLC BBX Equity Group, LLC is a Nevada based limited liability company that specializes in mergers and acquisitions, debt restructuring Debt Restructuring A method used by companies with outstanding debt obligations to alter the terms of the debt agreements in order to achieve some advantage. Notes: , joint ventures, introducing companies into the public arena, structuring and restructuring of companies, asset protection, exit strategies, corporate amalgamations and bringing people, opportunities and money together. Safe Harbor Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995: Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward looking statements. |
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