To: Old Stock Collector who wrote (3091 ) 7/1/1999 8:09:00 PM From: two trades Read Replies (2) | Respond to of 3584
Old Stock Collector and all others- MDMI was providing product to Java Centralé Prior to acquiring assets (franchise rights and product distribution channels) from its previous owner, nearly 2 years ago. The relationship was born out of MDMI selling pastries to the Java Centralé franchisees. This relationship had existed for quite sometime. MDMI receives "franchise revenue" off of the individual Java Centralé Cafés much like McDonald's corporation receives revenue off of its individual franchisees, or Tony Roma's, or Outback Steakhouse for that matter. The franchisees pay an annual fee to use the name and logo, as well as purchasing product (primarily coffee and pastries) from MDMI. MDMI will also receive one time fees when new Java Centralé Cafés are opened. MDMI is creating allot of interest these days as today's activities would indicate (and the massive amount of phone calls and e-mails). Significant NEW buying has and is coming in to MDMI, and we are hopeful this time the price will stabilize above $.15/share. It was also nice to have a recognized OTC:BB newsletter give MDMI some coverage! Unfortunately we do not have a set date for the release of MDMI's financials. They are experiencing substantial financial growth at this point in time, and we agree with management that the financial release should be appropriately timed to reflect this. We know for sure that the financials will be released no later than January of 2000, when the 10k MUST be filed according to new the new NASDAQ OTC:BB reporting requirements. Spread the good word, MDMI is here to play, support your investment and buymdmi.com ! We advise all investors to do their own due diligence, but La Guardia GFS is here to help, check us out on the Internet at twotrades.com . Sincerely, Phil Hernandez Public Relations La Guardia GFS