Printer Friendly

VITAFORT SELLS OPERATING DIVISION OF ITS CRYSTAL CLEAR FARMS SUBSIDIARY

 MILL VALLEY, Calif., Aug. 10 /PRNewswire/ -- Vitafort International Corp. (OTC Bulletin Board: VFRT) announced today that it has sold the operating division of its Crystal Clear Farms subsidiary for $320,000 plus a 10-year royalty to a newly formed group of Maine salmon growers and Crystal Clear Farms management.
 As part of the transaction, Vitafort has retained equal marketing rights with the buyers who intend to coordinate their expansion and marketing efforts with those of Vitafort.
 Vitafort posted a profit in excess of $300,000 on the sale.
 -0- 8/10/93
 /CONTACT: Steven Westlund of Vitafort, 415-388-3738/
 (VFRT)


CO: Vitafort International Corp. ST: California IN: FOD SU:

LH-TM -- SF003 -- 1097 08/10/93 10:00 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 10, 1993
Words:117
Previous Article:APL WILL OPERATE ITS OWN CONTAINER SERVICE TO/FROM XINGANG AND DALIAN
Next Article:NCR PARTNERSHIPS TO PROVIDE PROCESS IT CUSTOMERS WITH EXPANDED BUSINESS SOLUTIONS

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters