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Microcap & Penny Stocks : TFRY (was FRYA) Tasty Fries, Inc.
TFRY 0.000010000.0%Dec 12 9:30 AM EST

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To: John A. Paul who wrote (849)6/4/1997 9:29:00 AM
From: Alan Coccio   of 2405
 
News also on the Dow Jones wire this morning which is great!!

Tasty Fries Gets $4M Financing To Produce Vending Machines

BLUE BELL, Pa. (Dow Jones)--Tasty Fries Inc. (FRYA) closed on a $4 million convertible note financing agreement with an undisclosed European institutional investor.

In a press release Wednesday, Tasty Fries said the funding will enable the company to complete tooling and start commercial production of its french fry vending machine before year's end.

Tasty Fries said the commercial sales price for the french fry vending machine will be about $9,000 per unit and the price per vend is $1.00.

Tasty Fries produces a food processing machine to prepare, cook and dispense french fries.

Of course, this news was known to the insiders yesterday and accounts for the stock's price rise. We're always the last to know.
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