Donini Merger Update
Donini, Inc. and GD Entertainment &
Technology Inc. Enter Final Stage of Merger Activities;
Montreal, Quebec,
Canada, November 14, 2014 – Donini, Inc.
(OTC: DNNC), is pleased to announce that all parties have agreed to all outstanding
terms of their planned merger with GD Entertainment and Technology, Inc. The attorneys are completing the necessary
corporate filings, and they expect the merger to now be completed within next 7
days.
The Company recently published its amended financial
statements for the years ending May 31, 2010, through May 31, 2014, and quarterly
statements for 2014 ending August 31, 2014 in preparation for closing its
merger.
Disclosures
can be found on the Company's online disclosure portal at: http://www.otcmarkets.com/stock/DNNC/filings
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 Greater
Montreal Area in the province of Quebec for over 20 years. Details about the merger will be
forthcoming.
GD Entertainment
& Technology, Inc. (GDET) specializes in the
development, production and exploitation of entertainment properties and technologies worldwide. Over the past 10 years, GDET (formerly Golden Dog Productions) has created,
produced, financed and/or distributed a wide variety of family-friendly
content, including: Conan the Barbarian
animated DVD, animated Voyages of Young
Dr. Doolittle and Adventures of Odyssey. GDET also produced the acclaimed graphic
novel series, The Almighty Bible, an
ebook and print version of the Bible for teenagers around the world. The first
book, Genesis, we released in September, 2010, and 8 books have been released
to date. GDET principals have over 80 years of combined experience in producing and
distributing media properties, managing,
consulting to and licensing major brands and
intellectual properties worldwide, including Warner Brothers, Marvel/Disney,
Dr. Doolittle, Mommy & Me, Build-a-Bear Workshop and the USO. Management has also been conducting business in Asia for more than 25
years, and has developed significant relationships with major corporations,
investors and production facilities in Korea, Thailand, China, Japan and other
markets.
For further
information contact Lawrence Bracco, GD Entertainment & Technology, Inc. (818) 338-5723.
This release contains forward-looking
statements which involve known and unknown risks, delays, and uncertainties not
under the Company's control, which may cause actual results, performance or
achievements of the Company to be materially different from results,
performance or expectations implied by these forward-looking statements.