A First Quarter of resounding success for Papa Bello Enterprises
YORBA LINDA, Calif., May 16, 2012 /PRNewswire/ -- Papa Bello Enterprises (Pink Sheets: PAPA) discusses its success in the first quarter of 2012.
It has been a productive 1st quarter for Papa Bello Enterprises. As winter turned into spring, and as school comes to an end for the 2011-2012 year, we would like to take stock of how we have moved forward with our company in the first quarter of 2012.
One of the most important items to talk about in the first quarter of 2012 is the acquisition of Mama's Direct, Inc. (MDI). The goal of MDI has always been to "Revolutionize how and what we eat." Everyone needs to eat and not everyone has time to cook healthy, delicious meals.
MDI will use a Direct Sales business methodology for distribution as well as retail facilities in major metropolitan cities. These facilities will include a bistro, retail sales for customers, and a meeting place for our direct sales teams.
Our initial efforts have been a resounding success.
In the first quarter, we met with thousands of potential customers by sponsoring events, inviting celebrities to try out the fare, and through our friends and family network.
If I had to sum up our responses in one word ... "Unbelievable." We have cooked for three hundred people in just a few minutes, and when we tell folks how we prepared the food. They're hooked. The technology and food brought to the table by Mama's Direct will revolutionize cooking.
In the first quarter, we not only launched Mama's Direct, but we acquired funding for our upcoming growth. $20,000,000 worth of funding was put into place with AGS capital. This funding allows the company to grow on its terms without undue strain on shareholders. It also gives the company the necessary funds to handle what we will expect will be a parabolic curve of growth.
Starting a company with the probability of explosive growth like Papa Bello needs experienced men at the helm. We brought in The Bull Consulting Group, a company with over fifteen years of experience in the markets to help build our funding portfolio, establish an east coast presence, create introductions into outlets that are providing sporting icons to work with the company and promote food distribution, and put into place a world-class organizational structure.
We cannot build a strong company without a strong base of support, which is why it was so important to us to become current on the pink sheets, and acquire a facility that could accommodate our growth. In April we became 'Current' and will follow up this success with future uplist and immediately following that, we announced an 80,000 square foot facility in Yorba Linda California. We expect that this new corporate headquarters building will be able to contain our growth for the remainder of 2012, but we will be looking at other facilities across the nation as we grow.
Our corporate goal was to launch a number of organizations that would move the needle across the food, marketing and advertising industries. Our goal is to create a better distribution model, sales process, healthier lifestyle, and allow consumers to customize their shopping experience, while improving sales for partner companies.
We're moving on through 2012 with three major brands.
- Mama's Direct, Inc.
- Blow me Away Media
- Limited Edition Ink
Each of these brands, by itself can be a powerful company. All three together will be explosive.
Mama's Direct is about to become a household name across the United States. Those selling the products are consumers who love the products and have chosen to sell the product. We have successfully turned skeptics into supporters as we have travelled around, and as we build the base of this direct sales business, our goal is to be on the tip of the tongue of hundreds of thousands of consumers.
In closing out our first quarter, we found our way into the hearts and minds of Hollywood celebrities. A number of high-powered Hollywood stars have sampled and have signed on with the Mama's Direct Brand. As soon as we can disclose these names across sports, entertainment, and theater, we will.
The second quarter of 2012 will find us sponsoring some huge events that we will announce soon, and we will officially launch "The Summer of Food Delivery."
We expect to file our S1 as soon as we are able, and we will update shareholders on all of our exciting progress as it falls into place.
About Papa Bello Enterprises
Founded in 2005, and based in Yorba Linda, CA, Papa Bello Enterprises (PAPA.PK) owns and operates a diversified group of companies as majority owned subsidiaries. In addition, Papa provides expansion tools and operational support services to growth-stage businesses. The company was founded on the principles of providing the consumer with the highest standards of quality, value, and service. Additional information may be found at http://www.pbe.us.com
Forward-Looking Statements Disclosure This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward-looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will," and other terms with similar meaning. These forward-looking statements by their nature address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risks, and uncertainties, and by reference to the underlying assumptions.
Contact:
Jim Wheeler
Papa Bello Enterprises
Yorba Linda, CA
(888) 641-2626
SOURCE Papa Bello Enterprises
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