Seeking Alpha Seeking Alpha Portfolio App for iPad Editor's
notes: PARF's discount to net current assets offers a sweet deal
for investors. 40% upside on a conservative basis, and the
company is an attractive acquisition target.  Executive Summary
Paradise, Inc. (OTCQB:PARF) ("Paradise", "PARF" or the
"Company") is a leading manufacturer of candied fruits and
plastic containers within the United States. The Company has a
market cap of $12.0MM, an enterprise value of $11.6MM and a
tangible net worth of $19.5MM. As of the last year end, the
Company generated $25.7MM in revenues and $2.1MM in EBITDA,
respectively .  Paradise is a "hidden champion" straight from
Hermann Simon's book, currently left for dead, given its status
as a net-net (a company trading below its net current assets).
Why does this opportunity exist? (1) illiquidity and volatility
of the shares given its high inside ownership and over-the-
counter status; and (2) anemic returns on capital for a...