PNG GOURMET COFFEE TO SHOW AT NEW YORK EXPO

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By Baeau Tai

PORT MORESBY, Papua New Guinea (The National, Feb. 28) - Papua New Guinea’s high quality premium-grade coffee will have the opportunity for a bigger exposure at this year’s Small Cap Stock Expo in New York today.

Coffee Pacifica, one of only 20 coffee companies, has been invited to the event, which attracts small cap experts, analysts, and members of the investment community.

PNG Coffee Growers Federation Ltd is Coffee Pacifica’s strategic partner and a major shareholder.

PNGCGF’s shareholders are 179 individual independent coffee grower co-operatives in 11 of the 13 coffee growing provinces in the country.

This represents approximately more than 120,000 individual coffee farmers involved in producing co-operative coffee.

The high quality premium-grade coffee produced by the co-operatives are pooled and marketed by Coffee Pacifica.

In PNG, approximately 86 percent of the exported coffee is annually produced by the small independent coffee growers.

In a statement, Coffee Pacifica said the expo will feature prestigious financial professionals including guest keynote speaker Mr. Mark Robins, head of research for Crown Point Group.

Robins is a nationally recognized small-cap stock analyst and strategist as well as a regular contributor to Forbes Magazine.

Terry Klassen, Coffee Pacifica chief executive officer, said: "It is our goal to expand and add coffees from other origins to our current PNG coffee. "Supply of high quality green beans from Jamaica is expected to increase revenue, cash flow, and earnings for Coffee Pacifica while maximizing value for the shareholders.’’

Coffee Pacifica is a distributor and a marketer in the US, Canada and Europe of the green bean coffee grown in PNG and "Penlyne Castle" brand.

"Jamaican Blue Mountain’" coffee grown by Blue Mountain Coffee Co-operative Society Ltd of Jamaica.

"This event should provide Coffee Pacifica the opportunity to present the company to potential investors, financial analysts and financial experts within the small cap market by bringing increased exposure to the investment potential of owning the supply chain as well as making apparent the social responsible and ethical aspects of the company."

The landmark agreement with Blue Mountain Coffee Co-operative validates CFPC’s "grower direct’" business plan and complements the premium Arabica green bean supply from PNG.

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