Stock Symbol:  GB  (Listed on TSX Venture Exchange)

                          

                   

CORPORATE PROFILE

Ginger Beef Corporation, a publicly traded company on the TSX Venture Exchange headquartered in Calgary, Alberta since 1992 oversees two subsidiaries: Ginger Beef Choice Ltd. (food manufacturing) and Ginger Beef Express Ltd. (restaurant franchising). Ginger Beef Express Ltd. operates franchised Chinese food full service restaurants, take out and delivery outlets, and food court kiosks across Alberta. Ginger Beef Choice Ltd. is engaged in the business of marketing, manufacturing, and distributing an extensive line of federally inspected frozen and ready to eat Chinese food products for the growing home meal replacement, frozen food, and food service sectors. With over 50 items in its family of products, the company distributes its products to national grocery store chains, membership food warehouses, convenience stores, and food service distributors. As an innovative market leader in the home meal replacement market, the company has helped develop a complete Chinese meal solution for the deli departments of the aforementioned retail food outlets. Plans to launch additional ethnic meal programs such as Japanese, Thai, and East Indian foods are expected in the Fall of 2005.

With a production facility of approximately 20,000 square feet equipped with state of the art machinery, the company is set up to handle large retail and food service production volumes. Current retail clients include Costco Wholesale, Sobeys (Garden Market IGA), Westfair Foods (Real Canadian Superstore, Real Canadian Wholesale Club, and Extra Foods), Loblaws (Zehrs, Valumart, Your Independent Grocer), Canada Safeway, Overwaitea Food Group, H.Y. Louie Company (Marketplace IGA), Mac’s Convenience Stores, Federated Co-op, Sunspun Food Service, Sysco Food Service, BridgeBrand Food Service, T & T Supermarket, and more. Strong and experienced management provides them with the leadership and vision to seize market opportunities and win new accounts.
 

The Retail Chinese Food Market
With today’s busy lifestyle where consumers are pressed for time especially to cook, home meal replacement entrees have taken off. In addition, with the acceptance of more ethnic products in mainstream retail markets, Chinese foods have become a staple on every grocers’ shelves. Ginger Beef Corporation has identified a need for a federally inspected Chinese food solution as the current marketplace offers very few alternatives. All national grocery store chains have a mandate to deal with only federally inspected suppliers to streamline their buying, distribution, and food safety concerns. With its excellent product quality and superior taste, Ginger Beef Corporation is in a perfect position to capitalize on this opportunity with its federally inspected status. The barriers to entry are significant for potential federally inspected Chinese food competitors. Start up requirements include large capital investment (real estate, renovations, sophisticated machinery, and working inventory), Chinese food and manufacturing experience, aggressive management and marketing, established retail and food service network, and superior product quality and variety. Many Chinese food entrepreneurs find these start up business risks too great to gamble their life savings. Ginger Beef Corporation has overcome these obstacles and is focused on its aggressive growth plans.

Structure 
Outstanding shares: 14.6 million
Fully Diluted shares: 15.1 million
Shares owned by management: 8.1 million (both direct and indirect)
Fiscal 2003 Revenue: $3.8 million
Fiscal 2004 Revenue: $5.4 million
2004 Earnings Per Share: $0.03 & $0.03 fully diluted

 

Our Future
Using market research and current business modeling, Ginger Beef Corporation believes it can attain conservative growth of 50% for the 2005 model. These aggressive growth plans are backed by the introduction of new product lines and new market developments. These new ventures will definitely increase sales revenue in the existing retail and food service sectors as well winning new regional business in Eastern Canada.

Future expansion will be easily accommodated by Ginger Beef Corporation’s strong relationships with the retail and food service sectors. With its flexibility to work with its customers and innovative Asian products brought to market, the opportunities for Ginger Beef Corporation are endless. The demand for a federal inspected Chinese food product by national grocery and food service chains globally is enormous. Ginger Beef Corporation is in a perfect position to satisfy such demand.