MDMI - Italian Bakery Extraordinaire! Message Board

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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!

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To: SusieQ who wrote (2858)	5/24/1999 7:49:00 PM
From: KZAP	Read Replies (2) of 3584

Well Susie, yes it is great to know. Last year I too was sent some of MDMI's pastry products. They were really good. The cookies were good also! I can't tell you anything about the coffee and teas.(yet) However, there are a couple of things I wonder about. Will management report and stay on the OTC:bb or will they fall to the pink sheets? And, with there being 45+ million shares outstanding, when will MDMI do a RS to get the share count down to a more reasonable level? For them to be listed on the Nasdaq, they will need a share price of $5. With the current O/S that would give MDMI a market cap of 225 million+ bucks. So, a 1 for 10 RS would make a more reasonable amount of O/S shares and getting the stock price to 5 bucks from there would be much easier. JMO KZAP

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