HOST AMERICA CORP (NYSE:CAFE)
Industry: Services

OFF LIST - 2289 consecutive market days: OFF LIST as of 05/03/2007 Through 11/14/2016

Host America Corporation (Host), incorporated in Feburary 1986, consists of four principal operating divisions: Host Business Dining, Lindley Food Service, SelectForce and GlobalNet Energy Investors. Lindley Food Service, SelectForce and GlobalNet conduct their operations through entities, that are wholly owned subsidiaries of Host. Host Business Dining is a contract food management organization that specializes in providing full service corporate dining, and ancillary services, such as special event catering and office coffee products to business and industry accounts. Lindley Food Service subsidiary provides fresh, unitized meals for governmental programs, such as senior nutrition programs, Head Start programs, school breakfast and summer school programs, primarily under fixed-price contracts. SelectForce subsidiary is a regional employment and drug screening company offering criminal histories, motor vehicle reports, workers' compensation records, verification of education and social security numbers, credit reports and previous employment verification. GlobalNet subsidiary is in the development stage and intends to market, sell and install control panels and other electrical energy saving devices to commercial and industrial users. GlobalNet is in the process of establishing a multi-channel marketing and sales platform, in addition to direct sales by its executive officers and sub-distributors, to bring its energy savings products to market. Host Business Dining This segments services at each location includes cafeteria services, special event catering, office coffee services, and employee gift and sundry stores. At most locations, the Company is the provider of all available food and beverages and is responsible for hiring and training personnel. The Company's on site managers work closely with its corporate officers to ensure continuing food quality and customer satisfaction. Each location is continually reviewed to monitor client employee satisfaction, changing food requirements and quality of food and service. Based upon reports supplied by on site managers, additional services are added as demand changes, including catering facilities and food selection upgrades. In an effort to reduce costs and increase profitability, the Company began to outsource its vending operation. The Company sold its vending equipment and inventory, and eliminated its vending staff. Client accounts are staffed by several levels of management type employees who are responsible for client's complete satisfaction. The Company employs district managers with strong sales and administrative backgrounds who are responsible for overseeing the client accounts in their region, as well as forecasting the budget for each account and assisting the on-site management at each location. The on site manager is responsible for the day-to-day activities of the account and for ensuring continuing food quality and satisfaction. The Company employs managers, chefs and cooks who have obtained experience from larger food service organizations, graduates of a culinary school or graduates with a degree in Hotel and Restaurant management. Other support personnel are hired locally and trained on site by on site manager, chef/managers and/or district managers. Lindley Food Service Lindley will bid on government feeding contracts involving schools and senior citizen programs. Lindley operates three food processing locations in Connecticut, which have high-volume production capabilities for breakfast, lunch and after school programs. Lindley's production staff prepares the meals fresh daily and delivers the meals using its own trucks and drivers, directly from the food processing locations to the client's facility. Lindley also offers packaged microwavable senior meals for its meals-on-wheels programs and does congregate feeding. A staff nutritionist monitors the nutritional content of the food produced at each of Lindley's facilities. Lindley's strengths include professional management of large-volume accounts, custom-designed meals for special ne

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