Cono Italiano, Inc. (fka CNOZ)

[kokkomo]

Interesting part of CNOZ financials:

In March 2006 Cono Italiano LLC, a New Jersey limited liability company, entered into an agreement with Kono Italia S.R. L., an Italian company doing business as “Pizza Hands.” Kono Italia S.R.L owns the designs, recipes and technology for the “Pizza Cono,” a food product for quick service restaurants consisting of a cone shaped pizza dough. Cono Italiano (Delaware), as the successor to Cono Italiano, LLC, holds a distribution agreement for North America from Kono Pizza in Italy. This distribution agreement grants the licensee an exclusive license to exploit this product in the United States, Canada and Mexico for a twenty-five (25) year term. The product is patented in the United States and Europe as is the cone production machine which is proprietary.

Now check out http://www.konopizza.it/eng/company.html

same company.. look at the equipment/franchise models ready to role out.. if CNOZ does have a 25 year deal with Kono Italia S.R.L then CNOZ might be in good shape.

+ they fired Masselli in January which means they have probably been getting down to REAL business lately.. probably as a result of Kono Italia's recent developments

disc:
all speculation, and all imo.. do your own dd etc