Tazinos Offers Slices Of Company

Milwaukee Small Business Times:

Tazinos, an all you can eat pizza and salad restaurant chain based in St. Francis, has raised about 25 percent of its $1 million stock offering in just two weeks.

The company, which has restaurants in Menomonee Falls, Oak Creek and Pleasant Prairie, is offering shares of its common stock for $1 per share to up to 100 investors under the Wisconsin Issuer-Exemption by Filing. The Issuer Exemption allows any qualified Wisconsin resident to purchase the stock without accredited investor registration under the Wisconsin Securities Act.

Offers will be made only pursuant to a Private Placement Memorandum. Investors must meet certain suitability standards, including Wisconsin residency, minimum net worth or income and a purchase of at least 10,000 shares. Before investing, each will have an opportunity to ask questions and receive answers about the offering.

Tazinos was founded in 2007 and its first restaurant opened in 2008, said Jim Purcell, owner and president. It has 80 employees.

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