Edgewater Foods International Inc. Engages Consulting For Strategic Growth 1 for Investor and Public Relations
QUALICUM BEACH, BC--(Marketwire - March 25, 2008) - Edgewater Foods International Inc.
(OTCBB: EDWT) today announced that it has engaged New York-based Consulting
For Strategic Growth 1 (CFSG1) to provide strategic counsel on investor and
public relations. CFSG1 specializes in introducing promising domestic and
international companies to American financial markets.
Edgewater Foods International is the parent company of Island Scallops Ltd.
("ISL"), a Vancouver Island aquaculture company with the largest private
marine research hatchery and the first fully integrated shellfish producer
in Canada. The Company has developed unique proprietary hatchery technology
that significantly increases growth yields while resisting disease, and as
such, has virtually no existing competition for these marine species. The
Company intends to significantly expand production and distribution.
Rob Saunders, Chairman, CEO and President of Edgewater, commented, "We are
now positioned for rapid growth as the chief producer of live Pacific
Scallops in North America. As such, we are very pleased to engage CFSG1 to
introduce the Company to the U.S. investment and financial communities.
CFSG1 has previous experience with aquaculture companies and is highly
regarded for its expertise in capital formation and its broad network of
public and private investors. We're delighted to have their professional
guidance and outreach."
Stanley Wunderlich, CEO, CFSG1, stated, "Edgewater Foods is an exciting
company in a high growth industry and market place. Their proprietary
technologies and commitment to sustainable environmental quality place them
in a unique competitive position. Given their hatchery technology and
recent infrastructure improvements, they are positioned for significant
revenue growth. We look forward to helping this burgeoning company fulfill
its aggressive goals for growth."
About Edgewater Foods International Inc.
Edgewater Foods International Inc., a Nevada Corporation, is the parent
Company of Island Scallops Ltd. ("ISL"), a Vancouver Island aquaculture
company. Established in 1989, ISL has successfully operated a scallop
farming and marine hatchery business for over 18 years. ISL's facilities
represent the largest private marine research hatchery and the first fully
integrated shellfish producer in Canada.
Edgewater Foods is dedicated to the farming, processing and marketing of
high quality, high value marine species: scallops and sablefish. Farmed
scallops are unique to North America, and Edgewater is the predominant
producer of live-farmed Pacific scallops.
Given the unique hatchery technology and extensive research and
development, there is virtually no existing competition for these marine
species. The company is committed to rapidly expanding production and
profits, financing aggressive growth while maintaining quality and a
healthy respect of marine environment.
To learn more about Edgewater Foods International Inc, please visit the
Company's website at http://www.edgewaterfoods.com. To receive email
updates about the company and to be added to Edgewater Foods International
Inc. investor lists, please sign up at www.CFSG1.com or contact Adam Brooks
at abrooks@cfsg1.com.
About Consulting for Strategic Growth 1, Ltd.
CFSG1 has decades of hands-on corporate development experience combined
with broad personal outreach in the private equity markets and Wall Street
broker/dealer communities. CFSG1 is a leader in reverse mergers, investor
and public relations and corporate development for small-cap companies and
private enterprises, both domestic and international. Its portfolio
includes businesses based in countries such as China, South Africa and
Canada. CFSG1's strategic relationships include Rodman & Renshaw, Inc., a
full-range investment bank nurturing emerging growth companies since 1951;
Brookshire Securities, a leading Florida investment firm focused on the
needs of small to medium sized companies; and ChineseWorldNet.com, Inc.
(CWN), a worldwide financial platform catering to small- and mid-size
Chinese companies and the Chinese investor community (www.CWNfn.com), among
others. For more information, go to: www.cfsg1.com.
Forward-Looking Statements
Except for historical information contained herein, the statements in this
news release are forward-looking statements that are made pursuant to the
safe harbor provisions of the Private Securities Act of 1995.
Forward-looking statements involve known and unknown risks and
uncertainties, which may cause a company's actual results, performance and
achievement in the future to differ materially from forecasted results,
performance, and achievement. These risks and uncertainties are described
in the Company's periodic filings with the Securities and Exchange
Commission. The Company undertakes no obligation to publicly release the
results of any revisions to these forward-looking statements that may be
made to reflect events or circumstances after the date hereof, or to
reflect the occurrence of unanticipated events or changes in the Company's
plans or expectations.
Pursuant to an April 1, 2008 contract, Consulting For Strategic Growth 1,
Ltd. ("CFSG1") provides Edgewater Foods International Inc. ("the Company")
with consulting, business advisory, investor relations, public relations
and corporate development services. Independent of CFSG1's receipt of cash
compensation from the Company, CFSG1 may choose to purchase the Company's
common stock and thereafter liquidate those securities at any time it deems
appropriate to do so.
Contact Information: Company Contact:
Edgewater Foods International Inc.
Rob Saunders
Chairman, CEO & President
Tel: 250-757-9811
Fax: 250-757-8370
Website: http://www.edgewaterfoods.com
Investor Relations:
Stanley Wunderlich
CEO
Consulting for Strategic Growth I
Tel: 1-800-625-2236
Fax: 1-646-205-7771
Email:
Web site: www.cfsg1.com
Media Relations:
Daniel Stepanek
CFSG1
Tel: 1-646-205-7767
Fax: 1-646-205-7771
Email: