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Microcap & Penny Stocks : MIS International (NASD/BB: MISM) -- Ignore unavailable to you. Want to Upgrade?

To: flash who wrote (113)	1/26/1998 10:55:00 PM
From: Ted B.	Respond to of 264

I agree. I was a buyer today and will be all week at these prices.

To: flash who wrote (113)	1/27/1998 9:56:00 PM
From: Kenneth Munson	Respond to of 264

No comment.

To: flash who wrote (113)	1/27/1998 10:41:00 PM
From: workingclassman9	Read Replies (3) \| Respond to of 264

MIS INTERNATIONAL INC. 145 Traders Blvd. E., #40 Mississauga, Ontario L4Z 3L3 Telephone(905)890-6442 Fax(905)890-6048 To:All MIS Shareholders From:Dan Masters Date:January 27, 1998 Last fall I promised regular updates to keep all of you informed on events at MIS. The last few months have been very exciting as we work toward the completion of three acquisitions. They are as follows: 1.Mr. Twister Pretzels Inc. This is a Florida-based company of 22 franchises in the southern United States. We expect to complete the purchase shortly. We had scheduled a closing of January 14. Events out of our control, including the vendor's attorney's sudden death has delayed the closing a few weeks. 2.Automotive. The vendor insisted that we hold off of announcing the specifics of this acquisition until they have made some internal decisions. Under our letter of intent we had no choice but to grant an extension until early February. They have sweetened the deal for the delay and when you learn the details I am sure you will all agree the delay made business sense for both parties. 3.Snack Food Chain. This company has more than 220 locations. I am scheduled to visit with them on Tuesday of next week at which time all the conditions of our letter of intent should be waived and full disclosure will be made public in a press release. One of the concerns I have heard from you is the delay of information on our acquisitions. For this I apologize. My enthusiasm in wanting to share good news with our shareholders meant releasing some information before we should have and giving some dates on further details that we did not meet. I want to assure all of you that these three deals are real, in progress and in the case of our automotive and snack food purchase on schedule for April closings. Our next Cosco location is scheduled to open in Edmonton the second week of February with more to follow every few weeks across Canada. Our wholesale program is gearing up to include a joint venture partner who already distributes into most supermarkets with their own and private labels. We will be sending out a new release in the next few days concerning new staff announcements. We are adding senior management people to head up departments as we close each acquisition. The first two will be joining us next week. These are franchise industry veterans with more than twenty years of experience each and will be a major asset to our company. We would not be requiring or hiring these people if it were not for our acquisitions. The acquisitions will leave us with almost three hundred locations and budgeted revenues twenty times our current levels. We also plan on becoming fully reporting shortly. Our audit is in progress and when we qualify we will apply to move up to a Nasdaq small cap listing. I would ask that you have patience with our growth. We have come a long way in the past year and expect to go further in 1998. Once we begin closing these acquisitions we do plan on a full public relations campaign to create awareness of MIS for both our shareholders and franchisees. All of our employees including myself have mainly restricted stock. We couldn't sell even if we wanted to, so rest assured that your management team will be here for a while. Our personal success will only come about if the company does well over the next few years not the next few weeks or months. It takes time and patience to build a world class franchise/retail organisation. The blocks are in place and beginning to grow. Regards Dan Masters _____________________________________________________________