Wall Street News Alert Featured Company: American Food Holdings, Inc. (AFHN.PK) Announces 20% Revenue Increase
American Food Holdings, Inc. announced tonight after the bell that its revenues increased 20% for the month of August 2007 over August 2006. The company also revealed that sales for last month were $120,000, an increase of 26% compared to last year’s sales during the same period. Dennis Reinhold, President of American Food Holdings, Inc., stated that the large increase in revenues were caused by greater demand for the company’s products by companies such as AMWAY and independent stores. He continued to say that American Food Holdings expects even greater percentage increases in the near future. Wall Street News Alert…