Symbol: DLIICurrent Price: 1.10Short Term Price: 2.65 Long Term Price: 6.25 Rating: 10 of 10 Wall Street Micro News Report Dixie Lee International Industries, Inc. (Other OTC:DLII.PK - News), parent company of the 40-year-old "Dixie Lee" brand name, with more than 80 franchised Chicken & Seafood restaurants open, announces the final negotiations of the latest franchise expansion in Manchester, UK. Dixie Lee International Industries has entered into final contracts with a group of operators in Manchester, England to convert properties they now own into Dixie Lee restaurants. Mr. Dave Silvester, Senior Vice President of Dixie Lee will be flying in to sign contracts in Manchester before continuing on to Dubai, UAE to open the new Dixie Lee flagship store there. Dixie Lee has targeted the second largest city in the United Kingdom market and plans to open a minimum of 18 stores in 24 months. "This is a very lucrative market for us. We hear reports that chicken consumption may increase by 30% in the next two years, due to its popularity, taste and price," stated Mr. Silvester. With 30 years of experience in the chicken business, Mr. Silvester plans to spend a majority of his time in the UK and the Middle East to accommodate expansion plans already in the works.
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