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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (15608)12/2/1999 12:52:00 PM
From: Jim Bishop  Read Replies (1) of 150070
 
JOES from the Sept 7 news:

biz.yahoo.com

"'It is important to note that the company's main focus, at this point, is on targeting acquisitions. We are working toward the
consummation of each acquisition during the fourth quarter of this year,'' Naldini concluded."


And from the Nov 15 10QSB

"2. Acquisitions

The Company has entered into a non-binding letter of intent to acquire a 16 unit regional restaurant chain. Either party to the letter may terminate the letter of intent without penalty. The parties have agreed to proceed toward negotiation of a mutually agreeable purchase agreement. No assurances can be given that the purchase of the restaurant chain will be
completed."
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