Followers | 10 |
Posts | 1774 |
Boards Moderated | 1 |
Alias Born | 04/20/2007 |
Saturday, January 31, 2009 4:24:08 PM
MONTREAL -- (MARKETWIRE) -- 06/06/07 -- Donni Inc. (PINKSHEETS: DNNI) is pleased to respond to numerous shareholder inquiries regarding the Company's expansion plans.
"Donini has received numerous shareholder inquiries regarding our expansion plans. The Company is reviewing three targets for possible acquisition," said Peter Deros, President of Donini Inc. Furthermore, Mr. Deros advised us that, "All of these acquisition targets have proven business models and are leaders in the fast food marketplace with large top line revenue numbers."
Mr. Deros added, "A successful transition to the Donini family requires careful negotiation and our due diligence process is quite extensive. We will make an acquisition which builds shareholder equity and will be largely non-dilutive for Donini's present stockholders. We are confident that we will find a perfect fit for our business in Montreal and our growing efforts in Toronto and New Jersey ."
In closing, Mr. Deros stated, "The Company intends to execute a value added business combination and we are confident that we will be able to close a transaction very soon, hopefully by month end."
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM