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Diamond Ranch Foods Highlights 2nd Quarter 2010 Growth Objectives

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  Published in House and Home on Wednesday, August 25th 2010 at 6:40 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Diamond Ranch Foods, Ltd. (OTC BB: DRFO) (Berlin WKN# A0RNQK), a meat, poultry and seafood processing and foodservice distribution company, announced today its 2Q 2010 growth objectives which are outlined as follows:

"We have outlined our growth objectives for the 2nd quarter ending September 30, 2010 and into our 3rd quarter 2010. Victor Petrone our CFO/COO and I have been diligently working to establish the right platform to launch future sustainable growth for Diamond Ranch Foods"

1) Enhance financial stability of Diamond Ranch Foods initially by addressing the Companya™s receivables. The Company is exploring ways to innovatively fund its receivables and eliminate the associated credit risk, with a goal of eliminating the Companya™s factor by the end of the Companya™s 3Q 2010.

2) Retain new SEC Auditors and new SEC Counsel chosen to meet the needs and growth objectives of the Company as it enters the acquisition phase of its growth.

3) Initiate International product distribution. The Companya™s CFO/COO, Victor Petrone has extensive knowledge of exporting goods abroad and the Company intends to capitalize on his experience and contacts in this arena.

4) Continue to build Diamond Ranch Foodsa™ brand recognition through the formulation of new products.

5) Formally initiate discussions with targeted acquisition candidates and commence the due diligence process on these selected entities.

aWe have outlined our growth objectives for the 2nd quarter ending September 30, 2010 and into our 3^rd quarter 2010. Victor Petrone our CFO/COO and I have been diligently working to establish the right platform to launch future sustainable growth for Diamond Ranch Foods,a stated Louis Vucci, Jr., President of Diamond Ranch Foods, Ltd.

About Diamond Ranch Foods, Ltd.

Diamond Ranch Foods is a highly strategic food group distributor and processor of a broad selection of the finest quality meats, poultry, seafood, and foodservice items, including private label and custom-cuts, which can be prepared fresh, frozen or vacuum-packed. The Company operates a fleet of refrigerated trucks for delivery throughout the New York metropolitan area and ships coast to coast via common carrier.

The Company's USDA-inspected facility is located in the Hunts Point Cooperative Market (Bronx, New York), which is the largest food distribution center in the world, and boasts a highly-diversified customer base throughout the tri-state region, including; supermarket chains, restaurants, hotels, deli/catering operators, institutions and industry suppliers.

Please visit[ http://www.diamondranchfoods.com/ ]for additional information on the Company.

Safe Harbor Statement

Statements contained in this presentation that are not strictly historical are "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities and Exchange Act of 1934. The forward-looking statements are made based on information available as of the date hereof, and the Company assumes no obligation to update such forward-looking statements. Forward-looking statements are sometimes identified by words such as "intends", "anticipates", "believes", "expects", and "hopes" and involve a number of risks and uncertainties that could cause the Company's actual results to differ materially from projected results. All parties are cautioned that such forward-looking statements involve risks and uncertainties that could cause the Company's actual results to differ materially from those in these forward-looking statements. Such risks and uncertainties include but are not limited to demand for the Company's products and services and any other factors that may be more fully described in reports to shareholders and periodic filings with the Securities and Exchange Commission.