Donini Inc. Completes Financial Restructuring and is Set to Launch 2009 Expansion
MONTREAL, Quebec, Jan. 30 (SEND2PRESS NEWSWIRE) — Donini Inc. (OTC:DNNC / DNNC.PK), announced today that Company has completed its financial restructuring and is ready to launch its 2009 expansion plans. Specifically, the Company has closed all of its unprofitable franchise agreements and has substantially reduced costs by streamlining all outsourcing relationships.
Additionally, the current manufacturing facilities in place now have Hazardous Analysis and Critical Control Points (HACCP) standards, which allows for shipping to the U.S. and other countries.
Peter Deros, President and CEO, said, “The restructuring we’ve done over the past several months has put us in a position to reach our corporate goals. We are very excited about our prospects for fiscal 2009 and are looking forward to providing more updates to our loyal customers and shareholders in the coming days and weeks.”
The Company anticipates launching its planned expansion with the current nucleus of nine (9) Pizza Donini [...]
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