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Microcap & Penny Stocks : MISM: Franchising for the Future (The Future is Now) -- Ignore unavailable to you. Want to Upgrade?

To: broke2 who wrote (862)8/24/1998 4:27:00 PM
From: Leroyt  Respond to of 1072
 
broke2,

I, for one, can understand your concerns. I know from my own experience that NIR (MISM's investment bankers) have not delivered. They make promises (in June and more recently) but have NOT come through with the $$.

Wilfred Shaw is now CEO and Dan Masters is working with him to negotiate the new loan directly with the lending institution. Negotiations are proceeding well (from what I understand). Still looking to get first $1 million in the near term to fund the purchase of Pretzel Twister.

That's the information I have. Let's hope it's accurate.

later, leroyt



To: broke2 who wrote (862)8/24/1998 5:35:00 PM
From: nougie  Read Replies (2) | Respond to of 1072
 
B2, you are very correct. It shouldn't take this
long for financing. But then, this is a BB stock,
so it's extremely risky. Sometimes it's hard to
believe what the truth is when it comes to BB stocks.

We've heard nothing lately about the auto chain deals.
Not to mention the talk of the audit and Nasdaq list
that we heard earlier in the year.


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