MIS International Inc. Announces 13Million in Financing
17 February 1998MIS International Inc. Announces 13Million in Financing
MISSISSAUGA, Ontario, Feb. 16 -- MIS International Inc. (OTC Bulletin Board: MISM) announced today that it has received a formal letter of intent for thirteen million dollars in financing. According to MIS CEO Dan Masters, "Financing is being provided by a US based financial institution. They will provide us with enough capital to complete all three current acquisitions as well as give MIS adequate working capital requirements." MIS International Inc. 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. SOURCE MIS International Inc.