SAN DIEGO, CA--(Marketwired - Dec 16, 2014) - Papa Bella Enterprises, Inc. (OTC PINK: PAPA) announces the successful acquisition of the Mini-Dollar Stores, Inc. subsidiary from Global Holdings, Inc. (OTC PINK: GBHD).
While combining vending and retail sectors, this unique automated retail footprint makes Mini-Dollar Stores, Inc., a welcome and growing presence in today's marketplace.
The Company will change its name to Mini-Dollar Stores, Inc. to reflect PAPA's new business direction, but will keep the symbol PAPA.
Further, Mr. Merle Ferguson has been appointed as PAPA's new CEO, President and Chairman of the Board.
The new management team has started to bring PAPA current on its information disclosures to remove the "STOP" sign on OTCMARKETS.COM, upon completion brings the Company to "CURRENT" status.
"Friend" Mini-Dollar Stores, Inc. on FACEBOOK at https://www.facebook.com/minidollarstores?ref=br_tf
For further information regarding this announcement, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, 757-306-6090, yes@yesinternational.com.
Safe Harbor statement under the Private Securities Litigation Reform Act of 1995: Certain forward information contained in this release contains forward-looking statements that involve risk and uncertainties, including but not limited to, those relating to development and expansion activities, domestic and global conditions, and market competitions.