ORLANDO, Fla., Dec. 11, 2011 /PRNewswire/ -- Bella Petrella's Holdings, Inc., (OTC:QB--BTHR) announced today it has agreed to purchase Advanced Nutritional Solutions, LLC, Odessa, Florida. ANS specializes in marketing and sales of healthy food products to Hospitals, Assisted Living Facilities, Large Institutional Customers and Mass Market Retailers. Bella will acquire the Company for "Restricted Common Stock" equal to $100,000 at the close of business the day prior to closing. Closing is expected to take place on or before December 22, 2011. Bella will operate ANS as a wholly owned subsidiary. First year revenues are expected to be in excess of $6 million with the second 12 months exceeding $13.5 million. Mr. Mark Ballas, founder of ANS will become the president of ANS and will report directly to Bella's CEO, John V. Whitman Jr.
Special Note: The revenue projections for ANS do not include the additional revenues expected from Bella Petrella's India. The Company will release India's projected revenues in January 2012.
Soon after being introduced to the Bella Petrella's products, Mr. Ballas, decided to exclusively focus Advanced Nutritional Solutions efforts on the Bella Petrella's products. Ballas said, "The Bella Petrella's products so perfectly fulfill the Company's mission statement, which is, 'To enhance and enrich the quality of life of millions of people by providing food products that help overcome health related food issues'. I could not be more excited that my Company will become part of the Bella Family of Companies." Advanced Nutritional Solutions has been significantly responsible for introducing Bella Petrella's pasta sauces, salsas and pizza sauces to large institutional customers and obtaining the "buy" letters of recommendation. You're encouraged to visit: http://www.advancednutritionalsolutionsllc.com/ for more information on ANS.
John V. Whitman Jr., Bella Petrella's CEO/Chairman, said, "I am excited to have Mark Ballas and Advanced Nutritional Solutions, LLC as part of the Bella's family of Companies. Ballas has a 25 year track record of business successes, he is headstrong and determined. Ballas will be a long term asset to the Company and a key component to Bella's revenue growth. ANS will essentially become Bella's marketing arm domestically for the sale of its sauces and salsas."
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: jwhitman@bellapetrellasusa.com
SOURCE Bella Petrella's Holdings, Inc.
