| By Marketwire . | Article Rating: |
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| February 9, 2010 10:15 AM EST |
BORDENTOWN, NJ -- (Marketwire) -- 02/09/10 -- WORLDWIDE FOOD SERVICES, INC. (Worldwide Food Services) (PINKSHEETS: WFSV) announced today a formal Corporate strategy meeting to be held in Myrtle Beach, SC in late February. The Company's "Stage One" plans have been implemented and well received. Worldwide Food Services will bring their marketing, sales, and administrative teams together to execute "Stage Two" mergers, acquisitions, and joint ventures.
The Company plans to build on its current business base and, while internal growth is good, external expansion will create immediate opportunities. "Stage Two" operations will commence in the second quarter, 2010.
Worldwide Food Services, Inc. is 100% Debt-free. The Company owes no suppliers or manufacturers; inventories that are held have all been paid for-in-full.
For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, #800-631-8127 and/or www.wwfoodservices.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competition.
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CONTACT:
WORLDWIDE FOOD SERVICES, INC.
Rich Kaiser
Yes International
800-631-8127
Published February 9, 2010
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