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Blini Hut, a Nevada Corporation, Acquires Troika Foods.


NEW YORK--(BUSINESS WIRE)--Dec. 9, 1999--

Blini Hut (symbol - BHUT) has acquired Troika Foods, Inc., a Delaware corporation A Delaware corporation is a corporation chartered in the U.S. state of Delaware. Delaware is well known as a corporate haven, and thus, over 50% of US publicly-traded corporations and 58% of the Fortune 500 companies are incorporated in the state. .

Blini Hut has issued six common shares for each common share of Troika Foods, Inc.

Troika manufactures, distributes, and wholesales a line of ethnic gourmet food products to upscale gourmet stores and distributors in the greater New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 area. Additionally, the company is planning to launch a chain of Russian quick-serve restaurants; a prototype is under construction at 132 Nassau Street Nassau Street could refer to several different locations:
  • Nassau Street (Dublin) – a street in Dublin, Ireland.
  • Nassau Street (Winnipeg) – a street in Winnipeg, Manitoba.
  • Nassau Street (Princeton) – a street in Princeton, New Jersey.
, New York City New York City: see New York, city.
New York City

City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S.
 and is expected to open by the first week of January 2000.

Blini Hut Restaurants will serve a variety of ethnic Russian favorites such as chicken Kiev, borscht, split pea soup, Russian teas, and a variety of other specialties.

The company is still awaiting further comments from the Securities and Exchange Commission with respect to its Registration Statement on form 10-SB filed on September 13, 1999.

The material contained in this release is intended for informational purposes only. This release does not constitute either an offer to sell, or a solicitation of an offer to buy any security. The statements included in this press release concerning management's plans and objectives constitute forward-looking statements made pursuant to the safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 provisions of section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. These statements are based on the Company's beliefs as well as assumptions made by and information currently available to the Company. Such statements are subject to certain risks, uncertainties and assumptions, which are identified and described in the Company's periodic reports filed with the Securities and Exchange Commission, including market acceptance of the Company's products and services and the Company's continued access to capital. Readers are encouraged to review the Company's Annual Report on Form 10-K Form 10-K

A report required by the SEC from exchange-listed companies that provides for annual disclosure of certain financial information.


Form 10-K

See 10-K.
 for the fiscal year ended December 31, 1998 filed with the SEC and the Company's subsequently filed Quarterly Reports on form 10-Q Form 10-Q

See 10-Q.
 for a fuller discussion of the risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results will vary materially from those anticipated, estimated, or projected and the variations may be material.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 9, 1999
Words:357
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