Item 2. Properties

The Company owns the following facilities:

 *   - property used by Frozen Food Products Segment
 **  - property used by Refrigerated and Snack Food Segment
 ***- property used by both Frozen Food Products Segment and Refrigerated and Snack Food Segment

The foregoing plants are, in general, fully utilized by the Company for processing, warehousing, distributing and administrative purposes. The Company also leases warehouse and/or office facilities throughout the United States and Canada. The Company believes that its properties are generally adequate to satisfy its foreseeable needs. Additional properties may be acquired and/or plants expanded if favorable opportunities and conditions arise.

Item 3. Legal Proceedings

No material legal proceedings were pending against the Company at November 2, 2007 or as of the date of filing of this Annual Report on Form 10-K. The Company is likely to be subject to claims arising from time to time in the ordinary course of its business. In certain of such actions, plaintiffs may request punitive or other damages that may not be covered by insurance and, accordingly, no assurance can be given with respect to the ultimate outcome of any such possible future claims or litigation or their effect on the Company. The outcome of litigation cannot be predicted with certainty and adverse litigation trends and outcomes could significantly and adversely affect the financial results of the Company.

Item 4. Submission of Matters to a Vote of Security Holders

Annual Meeting of Shareholders

The 2008 annual meeting of shareholders will be held at the Four Points Sheraton, 1500 South Raymond Avenue, Fullerton, California at 10:00 a.m. on Wednesday, March 19, 2008.

No matters were submitted by the Company’s shareholders during the fourth quarter of the fiscal year ended November 2, 2007.