Cono Italiano, Inc. (fka CNOZ)

[samsamsamiam]

It is not against the law for a CEO to post here on IHUB.
What the CEO's CAN'T do is dissiminate information that is non-public. and IHUB is not considered an acceptable means to dissiminate information for a publicly traded company.
Press releases are. So answer this - what is the point of a CEO showing up here if he can't tell you anything that is not already public information? To make you feel "special" I guess. To sell more shares.

And I would not trust anyone calling themselves a CEO of anything unless they are using their true name. That alias could be anyone.
Discussing specifics in contracts that are not public information is a big fat no - no. Just because a company is private doesn't mean they can discuss what they are doing with a public company here on IHUB.
The press release specifically mentions a deal with the private company - and make no mistake - it does not mean the SEC cannot question the deal or demand proof of an existing contract with a private company.

I assume any material event will show up as an 8k filing with the SEC - making it their business


Cono Italiano Inc Enters Into Exclusive Agreement With Aliments MSU FOODS of Canada

RED BANK, N.J., Sep 5, 2012 (GlobeNewswire via COMTEX) -- Cono Italiano, Inc. (OTCBB:CNOZ), the exclusive license holder for the North American Distribution and Manufacturing rights for "pizza cono," a one-of-a-kind, drip-free, cone shaped pizza made from proprietary dough and manufacturer of frozen foods, is pleased to announce its "pizza cono" and empanadas to be distributed by MSU FOODS for retail in Canada.
We are proud to announce our agreement with MSU FOODS to be Cono Italiano Inc exclusive representative for the sales marketing and distribution in the Canadian Market.

"MSU FOODS has been following the growing popularity of pizza cones across the World and we firmly believe that pizza cones are the "next big thing" in the 2.5 billion dollar frozen pizza category in Canada," stated Vince Pettinicchio of MSU FOODS.

In the agreement Cono Italiano Inc will also produce eight varieties under the World famous "Bianca Gormet" brand which will be launched in Canada and United States in the fourth quarter of 2012.

There has been enormous interest by several of the major retailers across Canada, sales expectations for 2012 and 2013 are in the range of 10 million dollars which is expected to double in 2014.

The two companies have begun negotiations for a similar agreement for retail sales in the United States where MSU FOODS associated sales and marketing firm, Northport Food and Beverage Company would spearhead the operation.

About Cono Italiano

Cono Italiano, Inc. owns the North American distribution and manufacturing rights for Pizza Cono. This Pizza Cone is designed to be a drip free, spill free cone-shaped pizza made of proprietary dough and filled with freshly selected ingredients. The Company intends that the Pizza Cone will be distributed through the fast food market. The Pizza Cone will be distributed to quick-service restaurants (QSR), takeaways, and leisure locations. These establishments include typical fast food chains, supermarkets, convenience stores, entertainment facilities and sports arenas. Sales of frozen pizza in 2009 were $4.4 billion making it one of the fastest growing categories in supermarkets and convenience stores. For more information please visit www.conoitaliano.com.

Forward-Looking Statements

This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Actual results may differ materially from forward looking statements due to various factors beyond the control of the Company. For further information regarding risks and uncertainties associated with the Company's business, please refer to the Company's filings which are publicly available on the website of the U.S. Securities and Exchange Commission.

For further information please visit www.conoitaliano.com

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Cono Italiano Inc.


By Staff

CONTACT: CONTACT: Cono Italiano, Inc.
Mitchell Brown
CEO
1-877-330-2666



============
http://msufoods.ca/