Mr. Verrill, I wonder if you can clear this up:
News release:
--- Massimo's Announces Two New Java Centrale Openings ---
PR Newswire, Wednesday, June 17, 1998 at 12:52
DALLAS, June l7 /PRNewswire/ -- Massimo da Milano, Inc. (OTCBB:MDMI)
announced today that is has opened two new Java Centrale specialty coffee and gourmet food cafes in Chatsworth, California and Virginia Beach, Virginia. These two new store openings increase the Java Centrale network to twenty-two franchised outlets primarily in the western U.S. and one company-owned store in Reno, Nevada.
Commenting on the new store openings, Massimo's CEO Dana Verrill
commented, "We are pleased that the Java store network is growing, but more importantly, that we are growing it smartly. We intend to improve operations with our existing stores, implement aggressive marketing programs, enhance menu selections each cafe."
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On Feb 16 1999, message# 1522, "Due Diligence" reported:
(re: The number of Java Centrale cafes run by MDMI:)
"I called MDMI and was told [there are] 11 of them. Also they have picked up some substantial clients in Dallas area. Per the Operations Manager (C. Shaw Jr.)"
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Somewhere along the line, in the interceding eight months between 6/17/98 and 2/16/99, Massimo's seems to have lost 12 Java Centrale cafes. Is this your idea of "growing it smartly"?
Incidentally. ARE YOU CEO of Massimo da Milano?
--- Also, please answer my previous post to you.
I'm repeating it here for your convenience.
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Dana, Thank you for coming on board and taking the
time to answer some of our questions.
Obviously, there is a lot happening at Massimo's and
a small group of investors, namely the members of this
thread and maybe a few lurkers, are aware of it.
But that's not enough. Massimo's needs exposure.
It does not deserve to be at a level below what
it was when MDMI was in bankruptcy two years ago.
Hell, even the Beatles were a flop with their
first two releases in the US before they signed with
Capitol and they got the promotion they deserved.
It is very, very, important that you hire a PR
person or firm to get that exposure. You've had months
to find one but you keep making excuses. You told
me that the person who was involved with you when
you were building Spectrum Information Technologies
was willing to come on board for $5000.00.
Well? What are you waiting for?
You also need to get your financials out. I had
spoken to a woman from Charles Schwab with serious
money to invest but refused to even look at MDMI
because it is not a reporting company. You're
long overdue on this. No more procrastinating, PLEASE.
And, finally, what are the current and correct
numbers for the float and shares outstanding?
Thank you,
_________________________________ Marc Stager
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