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Microcap & Penny Stocks : Eat At Joe's (BB:JOES) -- Ignore unavailable to you. Want to Upgrade?

To: BlueCheap who wrote (340)	10/22/2000 5:35:49 PM
From: zonkie	Read Replies (2) \| Respond to of 343

BC are you still in this? If so look at the name bolded at the bottom then see next post. ____________________________ eatatjoesltd.com Eat At Joe's Ltd. Signs Letter of Intent To Acquire 16 Unit Regional Restaurant Chain CHERRY HILL, N.J.--(BUSINESS WIRE)--Jan. 5, 1999 Eat at Joe's, Ltd. (OTC BB:JOES), a 1950s Style Diner Chain, has signed a Letter of Intent to acquire a 16 unit regional restaurant chain, it was announced Tuesday by Gino Naldini, President and Chief Operating Officer of Eat at Joe's. Mr. Naldini noted that ``this acquisition, when completed, would add approximately $10 million annually of profitable revenue to Eat at Joe's existing revenue stream, and would more than double the size of the Company.'' Joseph Fiore, Chairman and CEO of Eat at Joe's, stated, ``we are continuing with our business plan of creating a diversified restaurant organization and look forward to 1999 being a very exciting year for the Company in both terms of acquisitions and internal revenue growth.'' ``Additional details relating to the terms of the purchase and other information concerning the acquisition will be released upon the signing of the final Purchase Agreement,'' Fiore added. Eat at Joe's is a diversified restaurant organization initially building a new chain of 1950's style diners featuring quality, home-cooked American meals at affordable prices in an appealing and fun atmosphere. Except for historical matter contained herein, the matters discussed in this press release are forward-looking statements and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect assumptions and involve risks and uncertainties which may affect Eat At Joe's Ltd.'s business and prospects and cause actual results to differ materially from these forward-looking statements. For further information, please contact: The Wall Street Group Inc. Ron Stabiner, 212/888-4848 or World Vision Financial Group Orville Baldridge, 888/345-6060