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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire! -- Ignore unavailable to you. Want to Upgrade?


To: sweez who wrote (3274)7/22/1999 1:04:00 PM
From: Due Diligence  Read Replies (1) | Respond to of 3584
 
Seeing some left MDMI yesterday and today. Decided it was time to buy some again at .12. Volume is there. Interest too. Always been a bit contrary.
Kind regards,
DD



To: sweez who wrote (3274)7/22/1999 1:10:00 PM
From: Marc Stager  Respond to of 3584
 
I wrote this to someone in PM yesterday. It bears repeating:

If Verrill doesn't get his shit together and make MDMI a reporting company, any gains in the share price will be just a flash in the pan, just as they have been in the past. I see this company doing much better than they are now, growing and maybe going on to NASDAQ, but only if they start getting serious about reporting and following up on their trial product placement announcements.

Aggresive distribution to retail outlets is what will grow the company. The internet sales are going nowhere. A few investors buying a few pounds of coffee or cans of soda won't make it into a profit center any more than friends and family of some rock band buying their CD will make it go gold. If you do a search for coffee, Massimo's and MDMI still don't turn up on any search engine but over 100 other coffee vendors do.
---------------------------

I'm not too concerned though. There is a very honest and honorable person who posts here who has given his word that he'll buy all my MDMI shares at $.25 each.

_________________________________ Marc Stager