To: gary r. albrecht who wrote (881 ) 6/28/1998 12:52:00 PM From: Marc Stager Read Replies (2) | Respond to of 3584
Recent MDMI news: DALLAS, June 3 /PRNewswire/ -- Massimo da Milano, Inc. (OTC BB: MDMI) announced today that it has retained the investor relations services of Aurora, Illinois based Investments 101, Ltd. Jeffrey A. Brommer is a Registered Investment Advisor and President of Investments 101, Ltd. Commenting on this most recent relationship, Jeff Brommer of Investments 101 stated, "Massimo's hasn't done a particularly good job of keeping the investment community abreast of corporate developments, and that is going to change. This company has been busy these past months building its business and preparing for the future. There are significant corporate developments forthcoming that should make investors very happy, and we are pleased to be able to bring the news to them." After returning from a trip to Dallas to visit MDMI corporate headquarters, Jeff followed in saying, "I came away very impressed with what this company plans for the rest of the year and beyond. They have truly turned the corner and look to be a viable player in the food industry." Massimo's Vice President, Crawford Shaw Sr. stated, "we are pleased that Investments 101 will be our gateway to the financial community. Everyone here at Massimo's has been working very hard at growing the business for the benefit of all and with the announcements we will be making shortly, our investors and the investment community should be very pleased with our progress. We expect our good fortune to continue well into the future." ( Contact Jeff Brommer at 800-749-0104 ) ================================================================ DALLAS, June 9 /PRNewswire/ -- Massimo da Milano, Inc. (OTC: MDMI) announced today that it has received its first purchase order from American National Investments, Inc. (ANI) and the Army Air Force Exchange Services (AAFES) for the production and sale of Roz's Chocolate Chip and Sugar cookies. This initial purchase will involve 129 AAFES outlets throughout the United States and will focus on sales for Halloween and Christmas. The AAFES is the official governmental agency serving the needs of all Army and Air Force personnel in the United States and abroad. It is one of the largest retailers in the world and has hundreds of outlets. Additional purchase orders from other outlets are expected within the next month. If these sales to the first 129 AAFES stores are as successful as ANI and AAFES anticipate, Massimo's sales should increase by at least $50,000 a month by December of this year. Massimo's is the exclusive supplier to ANI for all cookie products. ANI's marketing team has reported to Massimo's that ANI is in the final negotiations with the Kroger (NYSE: KR) Grocery chain for the distribution of its cookies to over 1,200 Kroger stores nationally. An announcement of these new purchase orders is expected shortly. ================================================================ DALLAS, June l7 /PRNewswire/ -- Massimo da Milano, Inc. (OTCBB: MDMI) announced today that is has opened two new Java Centrale specialty coffee and gourmet food cafes in Chatsworth, California and Virginia Beach, Virginia. These two new store openings increase the Java Centrale network to twenty-two franchised outlets primarily in the western U.S. and one company-owned store in Reno, Nevada. Commenting on the new store openings, Massimo's CEO Dana Verrill commented, "We are pleased that the Java store network is growing, but more importantly, that we are growing it smartly. We intend to improve operations with our existing stores, implement aggressive marketing programs, enhance menu selections utilizing our own bakery, and develop a strategy aimed at reducing operating costs at each cafe." In addition to the new store openings, Massimo's is presently in talks to acquire a Dallas-based bread company that would expand its offerings to its Java Centrale coffee cafes, hotel & restaurant accounts, and possibly to a potential major grocery account. Details are to be forthcoming. Commenting on recent business activity, Massimo's Vice President Crawford Shaw Sr. stated, "We are looking to become involved in several different facets of the food business, which if accomplished, would dramatically increase revenues for this company. We are aggressively seeking out new opportunities that would serve to enhance shareholder value exponentially." Massimo's is a commercial bakery of baked breads and rolls and has served the Dallas market for over 14 years serving various prestigious hotel and restaurant establishments. Massimo's is also the franchiser of the Java Centrale Coffee Cafe chain. (Followed by legalese I have omitted) ================================================================ Kroger is not on line yet. Soon. You can go back further at dljdirect.com and see how MDMI has recovered from bankruptcy last year, ____________________________________ Marc Stager