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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!

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To: Old Stock Collector who wrote (1488)2/13/1999 11:30:00 PM
From: Old Stock Collector  Read Replies (1) of 3584
 
Week of January 26, 1998 OLD NEWS BUT HERE IT IS ANYWAY
Java Centrale Reports Sale of Franchise System

Jan. 22 -- Java Centrale, Inc. operator and franchiser of gourmet coffee and bakery cafes reported the sale of the assets and liabilities of its Java Centrale Cafe Franchise System effective December 31, 1997 to Massimo da Milano, Inc.of Dallas, Texas.
The sale of the Java Centrale Cafe System to Massimo da Milano will allow the company to focus exclusively on the growth and development of its wholly-owned subsidiary, Paradise Bakery, Inc. Paradise Bakery has a 21-year operating history with 51 operating locations in 8 states. The Company's expansion plans for the coming fiscal year call for increasing the number of both its company owned and franchised Paradise Bakery and Cafe locations.

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