Donini Inc. to Expand Through Acquisition
2010-03-04 07:01:18
Quote: Deros concluded by stating that, with the improvement of the
marketplace and the strong prospects for funding, the expansion should be
well under way prior to the end of the fiscal year, May 31, 2010.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 Gre...
Read article/ CORRECTION - Donini Inc.
2010-03-04 07:01:17
Quote: DNNCNews), we are advised by the company that the headline should read "Donini
Inc. to Report Six Month Financial Results." Complete correct text follows.Donini Inc. to Report Six Month Financial ResultsDNNCNews) announced today that the Company will be filing shortly its financial
statement with Pink Sheets for the period ending November 30, 2009.The
revenues were $61,441 with a loss of $12,119.These results are in line
with last year's performance, but are expected to improve as the Company's
...
Read article/ CORRECTION - Donini Inc.
2010-03-03 01:34:05
Quote: DNNCNews), we are advised by the company that the headline should read "Donini
Inc. to Report Six Month Financial Results." Complete correct text follows.Donini Inc. to Report Six Month Financial ResultsDNNCNews) announced today that the Company will be filing shortly its financial
statement with Pink Sheets for the period ending November 30, 2009.The
revenues were $61,441 with a loss of $12,119.These results are in line
with last year's performance, but are expected to improve as the Company's
...
Read articleDonini Inc. to Expand Through Acquisition
2010-03-03 01:34:05
Quote: Deros concluded by stating that, with the improvement of the
marketplace and the strong prospects for funding, the expansion should be
well under way prior to the end of the fiscal year, May 31, 2010.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 Gre...
Read articleDonini Announces New President for Canadian Subsidiary
2010-02-22 08:01:02
Quote: Vassiliadis is currently an
owner operator of a Pizza Donini franchise in the greater Montr�al area and
a member of the Board of Directors of Donini Inc.Mr. Vassiliadis, age 46, started his food service career with Pizza Donini
twenty three (23) years ago, initially working as a cook and pizza delivery
person at Pizza Donini's first outlet. He then owned and operated several
franchises and ultimately joined the management of Pizza Donini in 2000.
Mr. Vassiliadis held positions as Manager of...
Read articleDonini Announces Status of Key Executive Search
2010-02-22 08:01:02
Quote: 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 p...
Read articleDonini to Explore Strategic Relationships in the Montreal Area
2010-02-22 08:01:02
Quote: 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 wit...
Read articleDonini Inc. Cancels Letter of Intent With Kern Automotive
2010-02-22 08:01:01
Quote: Deros stated that he believed Donini would be better able to succeed
with its aggressive expansion plans in Canada and the United States by
partnering with a company more closely aligned with its core food service
business.He concluded by stating that several possible partner prospects
are being pursued for implementation during the first quarter of 2010.Mr. Kern stated that he also is exploring other avenues to secure capital
needed to expand and is optimistic about the prospects for the future...
Read articleDonini, Inc. Signs Letter of Intent for Merger
2010-02-22 08:01:01
Quote: However, a
definitive agreement is expected by December 31.As part of the
transaction, the food related business of Donini will be spun out as a
separate entity.Mr. Deros stated that he is extremely excited about the merger and sees an
opportunity to expand into to new business area providing a stronger
potential for revenue and profits for Donini shareholders.About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the
company acquired control by way of a reverse m...
Read articleDonini Announces First Quarter Financial Results
2010-02-22 08:01:01
Quote: Deros stated that while sales were less than the previous period, the
operating expenses were reduced substantially, resulting in record results.
The quarterly losses for the period ($4,617) were the lowest in the
Company's recent history despite the weak economic conditions in the
Montreal market.Donini continues to experience good acceptance for its
Pizza despite the influx of new Pizza outlets in this area over the last
two years.Mr. Deros stated that he is extremely optimistic about the futu...
Read articleDonini Inc. to Expand Through Acquisition
2010-02-22 08:01:00
Quote: Deros explained that Donini will be concentrating only on its
core business of the food industry.Mr. Deros stated, "I believe that the best opportunities for growing the
Company is through acquiring businesses that have a symbiotic relationship
with the pizza and food service business to maximize revenue and profits.
By adding businesses that are part of the industry, the Company will be
able to gain economies of scale in the operations and offer additional
items to its customers." He concluded ...
Read articleDonini Inc. to Expand Through Acquisition
2010-02-02 02:13:16
Quote: Deros explained that Donini will be concentrating only on its
core business of the food industry.Mr. Deros stated, "I believe that the best opportunities for growing the
Company is through acquiring businesses that have a symbiotic relationship
with the pizza and food service business to maximize revenue and profits.
By adding businesses that are part of the industry, the Company will be
able to gain economies of scale in the operations and offer additional
items to its customers." He concluded ...
Read articleDonini Inc. Cancels Letter of Intent With Kern Automotive
2009-12-23 02:54:46
Quote: Deros stated that he believed Donini would be better able to succeed
with its aggressive expansion plans in Canada and the United States by
partnering with a company more closely aligned with its core food service
business.He concluded by stating that several possible partner prospects
are being pursued for implementation during the first quarter of 2010.Mr. Kern stated that he also is exploring other avenues to secure capital
needed to expand and is optimistic about the prospects for the future...
Read articleDonini, Inc. Signs Letter of Intent for Merger
2009-12-15 04:38:22
Quote: However, a
definitive agreement is expected by December 31.As part of the
transaction, the food related business of Donini will be spun out as a
separate entity.Mr. Deros stated that he is extremely excited about the merger and sees an
opportunity to expand into to new business area providing a stronger
potential for revenue and profits for Donini shareholders.About Donini, Inc.Donini, Inc., a New Jersey Corporation, was established in 2001 when the
company acquired control by way of a reverse m...
Read articleDonini to Explore Strategic Relationships in the Montreal Area
2009-11-30 05:20:38
Quote: 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 wit...
Read articleDonini Announces Hotel Express Room Service Program
2009-11-30 05:20:37
Quote: 14 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini, Inc., (DNNC.PK) announced today that it is in the process of concluding the pilot phase of its pizza offering for room service in a 400 room Montreal Hotel that is part of large Canadian hotel chain.. The program was designed to offer express service for the same high quality pizza enjoyed by our restaurant customers to the patrons of the hotel without having to leave their rooms.Mr. Deros added that this pilot program is expe...
Read articleDonini Announces Status of Key Executive Search
2009-11-30 05:20:37
Quote: 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 p...
Read articleDonini Announces New Pizza Offering: The Energizer
2009-11-30 05:20:36
Quote: 21 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini, Inc., (DNNC.PK) announced today that the Company is currently sampling a new and exciting pizza at one of its key franchisees' restaurant. The new offering, called the "Energizer", began its test marketing last week. The toppings that make up the Energizer are: tomato sauce, pepperoni, mushrooms, onions, mozzarella cheese, green peppers, green olives, smoked salmon, fresh sliced tomatoes, and bacon.Mr. Deros added that Donini ...
Read articleDonini Announces Status of Public Disclosure
2009-11-30 05:20:36
Quote: 17 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini, Inc., (DNNC.PK) stated that he is pleased to announce that the Company is finalizing the documents required by Pink Sheets to be able to reinstate the trading and disclosure privileges of that body. Mr. Deros added that the financial statements are completed and ready for filing, as is the Annual Update that will provide the Company's shareholders and the financial community with the current information about the Company.Mr. D...
Read articleDonini Completes Updates of Public Disclosure
2009-11-30 05:20:35
Quote: 25 /PRNewswire-FirstCall/ - Peter Deros, President and CEO of Donini, Inc., (DNNC.PK) stated that he is pleased to announce that the Company has posted its Annual Report, which includes Financial Statements covering the full fiscal year ending May 31, 2009, and an Attorney Letter on Pink Sheets which is under review. Mr. Deros added; "Completing the postings and obtaining a 'Current Information' classification from Pink Sheets expected early next week will be important to us as it demonstrates D...
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