MDMI: Massimo da Milano, Inc.|
Latest information :
trades on OTC Bulletin Board
shares outstanding: 38,000,000
Massimo is trading .02, enormous upside potential!!!!
MDMI is a commercial bakery with 40 employees is a developer/operator of a Northern Italian restaurant in the Dallas/Fort Worth area.
The clientele for their baked goods ranges from the Dallas Cowboys to
Hilton Hotels and fine restaurants in Dallas and Fort Worth.
This company is making a PROFIT ! On sales of $700,000 in the quarter
ending June 30, 1997 their profit was $125,000 from the bakery and the
restaurant is thriving at $30,000 per month PROFIT.
But that's nothing compared to what's coming soon.
Management and future plans:
Dana Verrill, founder and CEO of Spectrum Information Technologies, a
company that he led to nearly $100,000,000 revenues in the 1980's, is the new chairman of Massimo da Milano, Inc.
He has a proven ability to grow a business, make it profitable, and create
value in the firm's stock in the process.
He has aggressive acquisition plans for Massimo's, all in firms
complementing the bakery business. Currently MDMI is on track to acquire
the assets of three companies which will substantially increase MDMI's
sales and profits and result in a NASDAQ listing.
MDMI recently acquired Java Central, a coffee and bakery retail
chain with 55 location in California and 33 new locations opening soon in Florida and California. MDMI will derive royalty and franchise fees and have their products in these stores.
There are NO plans to reverse split. It won't be long before it grows to a $1 - $2.
While non-reporting in 1997, it will fully comply with all reporting
requirements in 1998.
Massimo's, The Italian Bakery & Cafe, has a wholesale bakery operation
with over 300 customers in Dallas, TX and nationally, as well as a restaurant and catering operation located at 5519 W. Lovers Lane, Dallas, TX. Massimo's also has an affiliated restaurant operation in Zurich, Switzerland.
SOURCE Massimo da Milano, Inc. -0- 01/23/98
/CONTACT: Crawford Shaw of Massimo da Milano, Inc.,
Some information provided by Marc Stager
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