Vaughan Foods, Inc. Common Stocks and Warrants ~ February 2010
Vaughan Foods, Inc. (NASDAQ: FOOD) produces fresh cut vegetables, fruits and salad kits. They also offer prepared salads, dips, spreads and soups. The Company’s products are refrigerated and made with fresh ingredients with minimal use of preservatives. Vaughan sells to national and regional restaurants chains, foodservice distributors, grocery retailers, warehouse clubs and convenience stores.
Taglich Brothers helped Vaughan quickly raise capital with institutional and accredited individual investors to strengthen the Company’s balance sheet while minimizing dilution. The net proceeds will help the Company to expand operations capacity, adding new capital equipment and increasing sales and marketing. Taglich Brothers’ helps micro-cap companies with big dreams as Vaughan continues in its efforts to become the first national company with regional facilities that will manufacture and deliver a full array of refrigerated fresh foods multiple times per week.
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