Bella Petrella's Holdings, Inc., Corporate Revenue Update (Unaudited)
ORLANDO, Fla., Dec. 2, 2011 /PRNewswire/ -- Bella Petrella's Holdings, Inc., (OTC:QB--BTHR) announced today its revenues for the first quarter of the fiscal year which ended August 31, 2011 were $34,083 (Unaudited). Revenues jumped approximately 1,876% in the quarter ended November 30, 2011 or approximately $673,500 (Unaudited). The principal reason for the extreme growth is due to the revenue recognition, which began September 2, 2011, from the acquisitions of Philly Westshore Franchising Enterprises, Inc., and Bobby V's Original Westshore Pizza, LLC.
ABOUT THE COMPANY
The Company produces a line of gourmet, reduced acid, pasta sauces, salsas and pizza sauce which is sold institutionally and to retailers. Each of the Company's products is all natural, full flavored and diabetic friendly. The Company's products are perfect for the consumer who suffers from acid reflux and traditionally has avoided tomato based products. The Company is an early revenue-stage enterprise. The Company through its subsidiaries Franchises 37 pizza and sandwich sports bars in Florida and Ohio and operates one 83 seat pizza and sandwich sports bar in Tampa, Florida.
SAFE HARBOR AND INFORMATIONAL STATEMENT
This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial condition or results of operations; (iii) the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend" and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's registration statement and reports filed with the SEC. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements
Contact –
For more information about Bella Petrella's Holdings, Inc., including a copy of the prospectus
John V. Whitman Jr., Phone: 516-375-6649
E-mail: [email protected]
SOURCE Bella Petrella's Holdings, Inc.
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