USA: Dippy Receives ‘No Further Comment’ from the SEC to Be a Fully Reporting Company on the OTC Bulletin Board

Dippy Foods, Inc. is pleased to announce that the Company has received a "no further comment" letter from the Securities and Exchange Commission (SEC) on the Company's Form 10SB. Under the NASD rule, companies must receive a "no further comment" letter on their Form 10-SB from the SEC in order to remain eligible to trade on the OTC Bulletin Board. Dippy Foods will become a fully reporting Company on the OTC Bulletin Board effective June 16, 2000.Dippy Foods, Inc. produces and sells fresh, prepackaged, nutritious, single-serving meals to schools and other institutional food servers. Dippy Foods' line of luncheon products called "Dippers", address the issues facing the 94,000 schools serving free or USDA subsidized meals breakfasts and lunches to over 34 million children daily as part of the National School Breakfast and Lunch Program. Three of the Dippers fun-to-eat luncheon products, all of which provide over 50% of the FDA's daily nutritional requirements, are a combination of peanut butter, specially blended fruits and cinnamon sugar corn chips and the fourth luncheon a hearty nacho, cheese and salsa combination. These individually, pre-packaged meals require no preparation, refrigeration or heating and are served in individual recyclable serving trays. For more information about Dippy Foods' products, visit Dippy's web site at

June 16, 2000