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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire!

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To: Richard Nisbet who wrote (3560)1/28/2000 11:09:00 PM
From: Richard Nisbet  Read Replies (1) of 3584
 
By: MDMI
Reply To: None Friday, 28 Jan 2000 at 10:18 PM EST
Post # of 5344


Once again, there were three people in the meeting in the Anatole Hotel in Dallas along with Chip Parrish, all three remember the conversation and the events as the Company has described them.

We will leave it to whoever wants to review the numerous posts about the shady IR work done by Chip Parrish and Company.

The information requested by Chip Parrish was provided to him, maybe it got lost crossing the border.

Regarding any issues relative to racial comments. if any of you had been to the Massimo?s offices you would know that over 98% of our employees are proud men and women from many nationalities many of whom have worked at Massimo?s for over ten years. Massimo?s employees pride themselves in a job well done and constantly go out of their way to make the best products in the market. The premier customers list that Massimo?s has also speaks to the quality of the employees and management of the Company, too bad none of the management of GFS has been to Massimo?s to see this first hand.

We are sure it is easy to sit in Mexico and sling mud at US companies working hard to grow their businesses in a very competitive market. However, we think you would have more credibility if you had actually been here.

In addition, regarding our Form 10 filing if you had really talked to the Company?s accountant and attorney you would know the tremendous amount of effort that is going in to preparing the documents to successfully file the Form 10 and as you point out this is a voluntary filing, not required by the SEC, a filing which does take a tremendous amount of time and effort and Company dollars to complete. It is also a process many companies elect not to pursue, but one Massimo?s has committed itself to.

Regarding Chip Parrish?s representations, he represented himself as the IR firm in front of at least the three people in the room at the time, that is the fact. Like so many of the facts, I am sure since the parties making these acquisitions were and are in Mexico and not in the meetings with Chip Parrish it must be hard for them to really know what really has happened, or what the real hard facts are!

MDMI Relations


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