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![]() High Speed Net Diehl Graphsoft WSi Interactive FutureOne Inc. Teltran Int'l Advanced Comm.Tech Atlantic Data Svcs. ![]() A Few Rules ![]() Copyright © 1999 Russ Klein ![]()
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![]() SEPTEMBER 1999
DIPPY FOODS, INC. (DPPI) OTC:BB Some interesting facts:
Dippy Foods, Inc. has spent three years developing prepackaged, shelf stable, 100% nutritious meals for the school food service industry. The Free School Breakfast and Lunch Program was established in 1946 to provide low cost or free meals to all underprivileged children who meet the financial criteria set by the Federal Government. Schools that participate in the program receive cash reimbursement from the USDA for each meal they serve, averaging $1.99 for lunches and $1.29 for breakfasts that meet the FDA dietary guidelines. The need for low cost meals that meet the new FDA nutritional guidelines is growing rapidly. With no competition, Dippy Foods Inc. has capitalized on this niche market. Since sales began in January of 1998, they have shown steady growth and are projected to surpass $50 million per year within five years.
The Product: At present, Dippy Foods has four different flavored lunch meals, called Dippers. Each lunch meal meets the FDA nutritional requirements
for three food groups: bread, protein, and fruits and vegetables. Combined with a single serving of milk, supplied to all children daily as part of
the national free milk program, Dippers make a complete meal suitable for the national School Breakfast and Lunch Program. Dippy Foods has recently received a letter of intent from Hunt Wesson for a co-branding agreement which will allow for the use of several of Hunt Wesson's recognized brand name products as ingredients in Dippers. Con Agra is the parent company of Hunt Wesson, one of the largest independent food companies in the United States with annual sales of more than $24 billion and operations in 27 countries. Brands such as Peter Pan Peanut Butter and Knott's Berry Farm Foods will be incorporated on all Dippers packaging. This mutually beneficial strategic alliance between Dippy Foods and Con Agra will result in favorable pricing for Dippy Foods, recognized and heightened brand awareness and further joint ventures between the companies. Con Agra has taken a significant interest in Dippy Foods school breakfast and lunch products.
Dippy Foods plans to market exclusively in California in 1999, a market that serves approx. 85 million meals per month. Dippy Foods intends to ultimately sell over
one million meals per month in the California marketplace by the end of calendar 1999, which represents a 1.25% market share. Dippy Foods will also begin to market to the retail sector. Accordingly, sales are expected to continue increasing in the year 2000. Beyond the year 2000, Dippy Foods anticipates expanding throughout the country.
Why Should You Invest?: Take a Look at DIPPY FOODS and do some DD. Almost forgot my disclosure: I don't want my OLD Rear End thrown in the slammer for an oversight of the humongous amount of money I have in Dippy Stock. At the present time, I am the proud owner of 2000 shares. I may accumulate more from time to time.
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