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Microcap & Penny Stocks : Restaurant Teams International, Inc.-RTIN

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To: KZAP who wrote (3135)4/24/2000 9:58:00 AM
From: E'Lane  Read Replies (1) of 3351
 
Monday April 24, 9:03 am Eastern Time
Company Press Release
Restaurant Teams International, Inc. Announces Record Profit
LONGVIEW, Texas--(BUSINESS WIRE)--April 24, 2000--Restaurant Teams International, Inc. (OTC BB:RTIN - news), announced on Monday, April 24th 2000, That the company's operations for the three month period ending March 31st 2000 resulted in a net profit of $.05 per common share. This represents a 700% net increase over the same period for the year 1999.

Curtis Swanson Chief Financial Officer of RTIN stated: ``We are excited that the acquisitions of Tanner's Corner Grill and Regulator Solutions, Inc, have added real value to the bottom line producing immediate revenues and earnings. This supports management's decisions to aggressively pursue acquisitions forming a multi-concept holding company. I believe that our shareholders will be very pleased to see this significant turn around, and our anticipated future trend.'

cont. @ biz.yahoo.com
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