MDMI - Italian Bakery Extraordinaire! Message Board

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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!

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To: Due Diligence who wrote (3454)	9/23/1999 9:50:00 PM
From: SusieQ	Read Replies (1) of 3584

Love this part. As part of its reorganization plan, Verrill has equipped the bakery with new equipment which allows Massimos to substantially increase production. He also hired an experienced broker to negotiate deals with large food chains. We have begun to see the fruits of this decision with a deal struck to place MDMI pastries into 9 Albertsons "test" locations. 3 months later on Sept. 21, 3 more Albertson stores were announced to carry Massimo's products which can only mean that results look good for both Albertsons and MDMI. Albertsons is a grocery chain similar to a Kroger or Randalls about 1000 stores strong. The pastries would be placed in the coffee shops within the new Albertson's stores offering great revenue producing potential for MDMI. Freshstarts, a cafeterial type restaurant, has also entered into an agreement to test MDMI products. On Aug. 27th, Massimos unveiled yet another agreement with Wallmart to make its bakery products available in selected Sam's Clubs in the Dallas/Ft. Worth area. Wallmart is known for its intensive screening process of new companies which almost guarantees the success of MDMI! MDMI also signed an exclusive agreement with the Hobarama corporation to distribute Bawls guarana, a new softdrink, throughout Texas, Louisiana, Arkansas, and Oklahoma. In just 5 months time after signing this contract, we have seen 293 customers added which will mostly likely change tomorrow because new customers are coming aboard on almost a daily basis. In fact the popularity of this drink is reflected in a recently signed deal with Exxon USA. Exxon has begun displaying Bawls Guarana in all of their corporate owned stores within the Dallas/Ft. Worth area. To date total customer accounts equal 430! Susie

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