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Message Boards | Five Dollars and Under : MIS International (NASD/BB: MISM) -- Ignore unavailable to you. Want to Upgrade?

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To: Andre Daedone who wrote (261)4/15/1998 12:38:00 PM
From: KZAPRead Replies (1) of 264
 
Wednesday April 15, 10:38 am Eastern Time

Company Press Release

MIS International to Complete US$15 Million Financing

Company anticipates closing franchise acquisitions upon receipt of funding

MISSISSAUGA, Ontario--(BUSINESS WIRE)--April 15, 1998-- MIS International, Inc. (OTC/bb:
MISM - news) announced today that it is scheduled to close on US$15 million in financing later this
week, an increase of US$1.5 million over the previously announced letter of intent.

The financing will be used to complete certain pending acquisitions including Pretzelmaker, a
Denver-based chain of more than 220 pretzel outlets, and Mr. Twister Pretzels Inc., a 23-unit chain of
pretzel outlets based in Florida. The Company anticipates closing both deals upon receipt of funding.

MIS develops and franchises retail concepts on a multi-unit basis. MIS currently has two distinct
franchise concepts, Pretzel Twister in the snack food industry and Wheel to Wheel in the automotive
repair industry.

The statements which are not historical facts contained herein are forward looking statements that
involve certain risks and uncertainties including changes in market conditions and other factors which
could adversely affect the Company's future operating results.

I like news like this!
This is the way companies should do it! IMHO

Happy investing!

KZAP
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