Cardiff International, Inc. (OTCBB: CDIF) (OTC Pink: CDIF) (PINKSHEETS: CDIF) CEO Kathy Roberton announced today the acquisition of Romeo's NY Pizza chain has been finalized. Kathy stated "We are pleased to add them to our growing portfolio. We're excited to have acquired Romeo's NY Pizza, a family owned business, with great management, assets and lucrative margins and high growth potential".
Romeo's NY Pizza was born in Paterson, New Jersey in 1945. Romeo's NY Pizza makes authentic NY pizza, making their dough in-house, and using the finest cheeses and ingredients available. No soggy crust or watered down pizza sauce, only the best. They also serve chicken wings, Philly steak subs or calzones and salads. www.romeosnypizza.com
Gene Romeo, President, stated, "I am thrilled to part of a public company that can provide me the platform necessary to expand my business. Now with the ability to raise money with preferred shares I don't have to deal with bank loans and pledge my firstborn, with CDIF I can use the liquidly of the public company to attract investors. We are currently in negotiations to open a quick serve Romeo's location in the Hartfield International Airport in Atlanta and now have the ability to do so".
Cardiff believes the future in Small Cap Securities depends on "Collaborative Common Wealth™" our business philosophy.
About CDIF: CDIF is newly emerging as a holding company who adopted a new business model known as "Collaborative Commonwealth™" a new form of governance enabling businesses to take advantage of the power of a public Company. Targeting the acquisition of undervalued, niche companies with high growth potential, income-producing commercial real estate properties and high return investments, all designed to pay a dividend to our shareholders.
FORWARD LOOKING STATEMENT This news release contains forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. These risks include the failure to meet schedule or performance requirements of the Company's contracts, the Company's liquidity position, the Company's ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.
FOR MORE INFORMATION, CONTACT:
Cardiff International, Inc.
818-783-2100 ext. 705
SOURCE: Cardiff International, Inc.