MDMI - Italian Bakery Extraordinaire! Message Board

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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!

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To: Massimo's Bakery who wrote (1576)	3/8/1999 6:23:00 PM
From: Marc Stager	Read Replies (2) of 3584

Dana, I forgot to ask you this... re: (From that same 6/17/98 news release:) "In addition to the new store openings, Massimo's is presently in talks to acquire a Dallas-based bread company that would expand its offerings to its Java Centrale coffee cafes, hotel & restaurant accounts, and possibly to a potential major grocery account. Details are to be forthcoming. Commenting on recent business activity, Massimo's Vice President Crawford Shaw Sr. stated, 'We are looking to become involved in several different facets of the food business, which if accomplished, would dramatically increase revenues for this company.'" Dana, What ever happened to the acquisition of that Dallas-based bread company, and that major grocery account? And, again quoting from the same news release: "We are aggressively seeking out new opportunities that would serve to enhance shareholder value exponentially." Around the time of that news release, MDMI stock was hovering around $.16. Now it is $.04 - a 75% drop. Care to comment? Thanks again, _____________________________ Marc Stager

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