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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!

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To: IRVINESULLY who wrote (1514)2/15/1999 6:57:00 PM
From: Gary s Gilbert  Read Replies (1) of 3584
 
Yes MDMI picked up the Java Centrale franchises
including a very few company owned. Java Centrale
then changed its name to Paradise Bakery and had
almost closed a deal selling the entirety to
a major food distributor(owns Church's Chicken)
and was about to buy a small business internet
termed axcess. Deal fell through. In either case
Java Centrale was headed to Chapter 13. The stores
lost money, margins were tight, competition fierce.
Coffee by the way was outstanding.
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