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Donini Inc.
(OTC: DNNC.PK)
Company Profile
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 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 Franchises DTC Inc., whose purposes are, respectively, to hold and control the intellectual property of the Company and to license the trade marks and oversee the licensed franchisees of the marks. The Company plans to expand its operations into the United States and the rest of Canada.
Operations
Through its Canadian Subsidiaries, the Company is a full-support franchise management company in the Greater Montreal area, Quebec, Canada that currently supports nine (9) Pizza Donini delivery restaurants with limited seating of between 25 to 50 seats and one (1) 120-seat fully licensed Italian restaurant with delivery operating under the name “Donini Resto Bar”. The Pizza Donini line of products is known for its distinctive, slightly spicy Italian pizzeria quality and is prepared with the freshest possible ingredients. From the beginning, the concept was based on the right combination of traditional and new ideas. Pizza Donini restaurants feature a warm, friendly atmosphere in a casual setting with outstanding customer service. All franchisees are supplied with Pizza Donini’s proprietary recipes of dough and sauces, thereby ensuring superior and consistent quality and eliminating time-consuming preparation procedures and waste at the retail level. All delivery orders are processed through a central delivery number and all manufacturing and call center activities are outsourced. In addition to the proprietary recipes for sauces and dough, the franchisees are supplied with the balance of the products called for in the menus, from designated suppliers, thereby ensuring consistency throughout the franchise chain. For more information on Donini Inc., please go to http://www.pizzadonini.com/.
Donini to Explore Strategic Relationships in the Montreal Area
- Press Release
- Source: Donini, Inc.
- On Tuesday June 23, 2009, 9:00 am EDT
Mr. Deros, President & CEO of Donini, Inc., (Pinksheets: DNNC), reported today that the Company continues to explore various strategic opportunities in the local Montreal market with private food chains ranging in size from 5 to 35 units.
Mr. Deros noted, "Any one of these potential acquisitions or joint ventures would enhance the business of Donini substantially because of their natural synergism with our Company. No terms have been reached as of yet but we are confident one transaction will close within the next several months.. Oddly," Mr. Deros added, "these opportunities have arisen from the ashes of bad times. While all of these potential partners are solid profit-making companies, these entities see the benefit of joining up with a Company carrying solid management, such as Donini, particularly with its long history in the franchise field, emphasis on quality products and Donini's public stockholder base." Mr. Deros stated that he will report on future details regarding these potential transactions.
Mr. Deros concluded by adding that these potential opportunities are in addition to the Company's existing expansion plans in the United States and Canada.
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 been recently completed a consolidation of its operations by establishing two Subsidiaries, Donini Group Inc. and Pizzacorp DTC Franchises Inc., whose purposes are; 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.
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