Coffaro Beer Negotiating in New York.Business Editors LAS VEGAS--(BUSINESS WIRE)--June 20, 2003 Coffaro Family Products (Pink Sheets: CFPR CFPR Collaborative Planning, Forecasting, and Replenishment (Voluntary Interindustry Commerce Standards Committee) CFPR Consorzio del Formaggio Parmigiano Reggiano (Italian) ), owner of the Coffaro Beer Co., is a licensed contract brewer of Coffaro "Italian Style" Beer. The Coffaro Beer Co. is currently discussing plans for 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. . The Coffaro Beer Co. is involved in negotiations with a few distributors for the New York City and Long Island areas. "So far we have gone step-by-step with sustained growth bar-by-bar, restaurant-by-restaurant in New Jersey. When we do this, we want to be prepared for this major expansion," said Anthony "Tony" Coffaro. 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. 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: The statements, other than the statements of historical facts, contained in this release which are not historical facts may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations Cash flow from operations A firm's net cash inflow resulting directly from its regular operations (disregarding extraordinary items such as the sale of fixed assets or transaction costs associated with issuing securities), calculated as the sum of net income plus noncash expenses and the ability of the company to manage its operations. |
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