Coastal Foods begins trading.HOUSTON--(BUSINESS WIRE)--Dec. 19, 1996--Coastal Foods Inc. (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 :BB:XPIE) has begun trading as a public company under the symbol XPIE, as a result of meeting all of the qualifications as required under Regulation 15c 2-11 of the Securities and Exchange Act of 1934. Coastal Foods Inc. is a specialty baking baking: see cooking. baking Process of cooking by dry heat, especially in an oven. Baked products include bread, cookies, pies, and pastries. company providing a variety of products to such national brand name marketers as Campbell Soup, KFC KFC Kentucky Fried Chicken (restaurant chain) KFC Kenya Flower Council KFC Kitchen Fresh Chicken (Kentucky Fried Chicken motto) KFC Kung Fu Cult (Cinema) KFC Kitchen Fixed Charge , Pepperidge Farm Pepperidge Farm was founded in 1937 by Margaret Rudkin, who named the brand for a property her family owned in Connecticut (which itself was named for the pepperidge tree, Nyssa sylvatica). In 1961, the company was purchased by Campbell's. , Albertson's and Shoney's. In its financial filings for the nine months ended Sept. 30, 1996, the company reported net income of $365,501 or $.08 per share on revenues of $6,238,393. There were 4,637,011 shares outstanding. These figures have been restated to reflect a one for three reverse split, effective Oct. 1, 1996. CONTACT: Coastal Foods Inc. Cecil Ferguson, 713/987-8985 or KCSA KCSA Krannert Center Student Association KCSA Kentucky Crushed Stone Association (Frankfort, KY) KCSA Kyiv City State Administration KCSA Kalamazoo Christian School Association KCSA Kentucky-Canadian Studies Association Leslie A. Schupak/Joseph A. Mansi 212/682-6300 ext. 207/205 |
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