General

Lucille Farms, Inc. (the "Company") is engaged in the manufacture, processing, shredding and marketing of low moisture mozzarella cheese (including whole milk, part skim and reduced fat low moisture mozzarella cheese), pizza cheese (a product made with low moisture mozzarella cheese and other natural ingredients) and square provolone, and the shredding of other cheese and cheese blends. The Company's pizza cheese and reduced fat low-moisture mozzarella cheese have been developed utilizing proprietary formulas and processes. The Company also sells whey, a by-product of its cheese making operation, for animal food. For the fiscal year ended March 31, 2005, sales of low...