(Dallas, TX. – October 20, 2011) StockGuru Shines its Spotlight on Cono Italiano, Inc. (OTCBB: CNOZ). The Company is a manufacturer of frozen foods and the exclusive license holder for the North American distribution and manufacturing rights for “pizza cono,” a one-of-a-kind, drip-free, cone shaped pizza made from proprietary dough. Yesterday the Company announced a strategic alliance with ThermaFreeze Products Corporation, in order to utilize their reusable ice alternative to ship the Company’s frozen products. The Company closed up over 13 percent on October 29, 2011, at $0.051, trading in a fifty-two week range of $0.245 – 0.01.
This newly formed alliance with ThermaFreeze will allow the Company to reduce the cost of shipping for all pizza cono shipments. Mitchell Brown, the Company’s President and Chief Executive Officer, stated, “The implementation of ThermaFreeze’s reusable ice alternative is another step in helping Cono Italiano achieve our goal in becoming an industry leader.” He continued, “We aspire to use the best available products on the market and believe we have found that in the ThermaFreeze pads.”
Mr. Brown was also recently appointed as ThermaFreeze’s President. Mr. Brown joining the corporate team at ThermaFreeze will ensure that in the future, Cono Italiano and ThermaFreeze will be working closely together to develop new and enhanced products to ship perishables. These are exciting times for Cono Italiano with the anticipation to begin manufacturing and launch of their new production facility the Company believes the best of times are on the horizon.
About ThermaFreeze Products Corporation
The ThermaFreeze product is dry pad and made of three thin distinct pieces of material. The pad can be stored efficiently, freeing up cabinet or freezer space. The unique properties of ThermaFreeze pads provide greater thermal protection in the shipment of perishables, greatly reducing product spoilage. When the product is used in a cooler, it provides more hours of cooling power than ice, gel packs, or ice bricks. It also may be refrozen and reused many times.
For commercial applications, ThermaFreeze pads are configured to keep payloads within a designated critical temperature range over a specified transit time provided by the shipper. For consumer applications, ThermaFreeze pads can go into lunch bags and coolers. They are flexible and can easily be wrapped around bottles and cans. ThermaFreeze provides unparalleled cooling power, unlike any product on the market.
ThermaFreeze pads are manufactured dry, in rolls measuring 6 cells x 1500 cells (individual cells measure 2.5″ x 2.5″), laminated together in a waffle pattern. The pads are constructed with a plastic film on one side and a non-woven fabric on the reverse. A 6-cell x 4-cell pad, measures 15″ x 10″, and weighs approximately one ounce when dry. Each cell contains a biodegradable, non-toxic, crystallized polymer compound that absorbs water on contact and holds the water in a gel-like state. When fully hydrated, the pad weighs approximately 24 ounces. Hydration takes only seconds per pad and is done by soaking or spraying the cloth side of the pad with water.
Once hydrated, the pad is ready to be placed in a freezer and will be fully frozen in approximately 2 hours. When used as a hot compress application, it can be placed in a standard microwave for approximately 30 seconds and is ready for use.
About Cono Italiano, Inc.
Cono Italiano, Inc. owns the North American distribution and manufacturing rights for Pizza Cono. This on-the-go food product is designed to be a drip free, spill free cone-shaped pizza made of proprietary dough and filled with freshly selected ingredients. The Company intends that the Pizza Cone will be distributed through the fast food market. The Pizza Cone will be distributed to quick-service restaurants, takeaways, and leisure locations. These establishments include typical fast food chains, supermarkets, convenience stores, entertainment facilities and sports arenas.
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
To view this StockGuru Spotlight, please visit: http://www.stockguru.com/category/latest-spotlights/
To get free alerts on this and other similar stocks, please register here:
What is the StockGuru Spotlight?
Many companies covered in The StockGuru Spotlight have positive increases in both volume and share price. While this is not true in all cases, StockGuru strives to cover companies in The StockGuru Spotlight that are worth of our readers’ attention.
StockGuru looks for potential break-out candidates in The StockGuru Spotlight. Many of these companies have had recent news and appear to be getting the attention of investors. StockGuru does not typically feature companies in The StockGuru Spotlight that are compensating StockGuru for this coverage. There are times when StockGuru covers a stock in The StockGuru Spotlight that had previously compensated Stockguru. Where that is the case, a proper disclosure is included below. StockGuru and its partners, employees and writers never hold shares, short positions, warrants or any other current position in a stock featured in The StockGuru Spotlight.
To feature a company in The StockGuru Spotlight please contact the Publisher at firstname.lastname@example.org. If our reader is a key person for a publicly traded company, StockGuru can consider that company for either a StockGuru Spotlight or a StockGuru Profile. Please contact the StockGuru Publisher John Pentony at this email address: email@example.com.
Stockguru.com (“SG”) provides its members with the latest news, press releases, and trade alerts for all the companies highlighted on the site StockGuru.com. SG utilizes information believed to be reliable herein prepared all material. The information contained herein is not guaranteed by SG to be accurate, and should not be considered to be all-inclusive. The owner, publisher, editor and their associates are not responsible for errors and omissions. SG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and SG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. The companies that are discussed in this opinion have not approved the statements made in this opinion. This opinion contains forward-looking statements that involve risks and uncertainties. This material is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. SG is not a licensed broker, broker dealer, market maker, investment banker, investment advisor, analyst or underwriter. Please consult a broker before purchasing or selling any securities viewed on http://www.Stockguru.com or mentioned herein.
This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected”, “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and SG undertakes no obligation to update such statements. StockGuru is occasionally compensated for coverage. When this is the case, SG clearly indicates this with a disclosure of all compensation received in the past and present. Additionally SG also discloses any anticipated compensation in the future. Compensation is typically in cash. Sometimes a company pays SG in restricted shares. Pentony Enterprise and its associated companies does not take free trading shares for any reason at anytime. StockGuru is not a registered investment adviser or a broker-dealer. StockGuru makes no recommendation that the purchase of securities of companies profiled in this web site is suitable or advisable for any person, or that an investment in such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market for their securities, investing in such securities is highly speculative and carries a high degree of risk.
John Pentony, Publisher, Stockguru.com
Tel: +1 469 252 3031