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Share Structure A/S: 100 million O/S : 97 million Float : 14 million
Only trading at 008 with this share structure which has been the same for the past 6 months.
Business Description Pizza Donini Inc. is a full support franchise management company with an established brand name in Greater Montreal, QC, Canada. Founded in 1987, by Mr. Peter Deros, Pizza Donini Inc. currently supports 29 franchise and corporate outlets, each offering on-site and/or home delivery service. The Pizza Donini line of pizzas is known for its distinctive, slightly spicy Italian pizzeria quality. The warm and friendly restaurants promote the highest in customer service management.
The company expects 15 million dollar in sales for 2008 and expects to open up to 30 stores in the next 5 years. Say the company achieves half of that number it gives us 7 million in sales..At 1x sales DNNI should trade around 23 cents on 2008 projected sales number
Posts: 463 | From: Virginia | Registered: Apr 2008
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MONTREAL -- (Marketwire) -- 09/09/09 -- Peter Deros, President and CEO of Donini, Inc.
(PINKSHEETS: DNNC), announced today that he has narrowed the Company's search for a new CEO and President of its operating subsidiary, Pizzacorp DTC Franchises Inc., and is in final discussions with a highly qualified, experienced operator with a proven track record in the pizza field.
Mr. Deros added that this appointment is key to the Company's plans for expanding its operations in the Greater Montreal area in the province of Quebec, the rest of Canada and into the United States and to raising capital funds. "We have been searching for the right person for over three months and are very close to finalizing the appointment within the next month. Details will be announced as soon as available," stated Mr. Deros.
Donini is one of Montreal's most popular pizza names and has been in operation for over twenty years. Mr. Deros noted, "People love the taste of our pizza and we hope to enter our expansion phase by the end of 2009."
About Donini, Inc.
Donini, Inc., a New Jersey Corporation, was established in 2001 when the company acquired control by way of a reverse merger of Pizza Donini, a Canadian company that has been operating and licensing Italian style restaurants specializing in pizza and related products within the Greater Montreal Area in the province of Quebec for over 20 years. The Company has recently completed a consolidation of its operations by establishing two Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are respectively, to hold and control the intellectual property of the Company and to license the trademarks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of Pizza Donini, Inc. (the Company) to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or strategic business arrangement to fund expansion plans; (ii) build management, human resources and infrastructure necessary to support growth; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
HUGE NEWS coming. CEO states that they will partner with major US pizza chain for expansion and they are in the process of REDUCING the float. Float is only 14M and getting smaller!!!!!!!!!!!!
Posts: 463 | From: Virginia | Registered: Apr 2008
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Full financial pink sheet compliance before end of the month. Full disclosure and transparency.
Executive search pretty much complete and this person will assume Canadian Donini's Executive Management while Peter focuses on the US market.
Stock structure will not change, will most likely be reduced. Wouldn't give a number but said we would be very happy. Read - Shares going to be reduced. Not a R/S either. LOL
No dilution whatsoever to stockholders. They already make money and do not require stock to survive. Like I stated earlier, they are going to reduce the share count.
Possible tag team with a major pizza chain here in the US. I said Pizza Hut or Papa John's and he just said watch for PR.
He has a heavy accent, but said so do I. LOL Must be a Texas thing.
If you have not spoken to Peter, he is a very down-to-Earth individual and a no nonsense guy. I would encourage any major investor here to call him. He is pretty open (within the required constraints) about his plans for the company.
Posts: 463 | From: Virginia | Registered: Apr 2008
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That was an out of sequence trade. It closed at 039. Bid/ask EOD was 036 x 039
Posts: 463 | From: Virginia | Registered: Apr 2008
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I still like it, just need some attention. Has a great share structure, real business, has news....
Posts: 463 | From: Virginia | Registered: Apr 2008
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