March 14, 2014 (Shareholders Foundation) - An investigation on behalf of current long-term stockholders of shares of Orchids Paper Products Company (NYSEMKT:TIS) was initiated concerning whether certain Orchids Paper Products officers and directors possibly breached their fiduciary duties in connection with certain statements.

The investigation by a law firm concerns whether certain Orchids Paper Products officers and directors breached their fiduciary duties in connection with their conduct in seeking shareholders' approval the Company's 2014 Stock Incentive Plan.

In the Proxy Statement filed by Orchids Paper Products Company with the Securities and Exchange Commission the Board of Directors recommends that Orchids' shareholders vote to approve a grant to approve the Company's 2014 Stock Incentive Plan which would allocate 400,000 shares of Company Stock for issuance thereunder and would be separate from the 400,000 shares allocated under the Schoen Option for the Company's President and Chief Executive Officer.

According to the investigation the issuance of the additional shares could have a severe dilutive effect on the shares of Orchids Paper Products Company.

Orchids Paper Products Company reported that its annual Total Revenue rose from $92.50 million in 2010 to $116.37 million in 2013 and its respective Net Income increased from $5.91 million to $13.32 million.

Shares of Orchids Paper Products Company (NYSEMKT:TIS) grew from $11.70 per share in October 2011 to as high as $34.15 per share on February 24, 2013.

On March 14, 2014, NYSEMKT: TIS shares closed at $33.73 per share.