Golden Enterprises, Inc. operates in the Potato chips and similar snacks sector. Golden Enterprises, Inc. is a holding company which owns all of the issued and outstanding capital stock of Golden Flake Snack Foods, Inc. (Golden Flake). Golden Flake is a premiere producer, marketer and distributor of snack products in the Southeastern United States. The Company manufactures and distributes a range of salted snack items, such as potato chips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings and puff corn. Golden Flake also sells a line of cakes and cookie items, canned dips, pretzels, peanut butter crackers, cheese crackers, dried meat products and nuts packaged by other manufacturers using the Golden Flake label. Golden Flake sells its products through its own sales organization and independent distributors to commercial establishments, which sell food products in Alabama, Tennessee, Georgia, Mississippi, Louisiana, Kentucky, and South Carolina as well as parts of Florida, North Carolina, Arkansas, Missouri and others. In
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