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MASCOTT CORP. FILES TO WITHDRAW REGISTRATION STATEMENT

 LIVINGSTON, N.J., May 7 /PRNewswire/ -- Mascott Corporation (NASDAQ: DINE) today announced that it has filed an application with the Securities and Exchange Commission to withdraw its registration statement covering 1,250,000 units which were to be sold by the company. The company believes that the current market conditions do not make a public offering of the company's securities feasible at this time.
 Mascott Corporation currently owns and operates 13 Cinnabon bakery franchises and three Willie Mays Chicken establishments in regional shopping malls, as well as two full service restaurants, Markers Restaurant & Bar located in Jersey City, N.J., and Markers Italian Grille located in Somers Point, N.J.
 -0- 5/7/93
 /CONTACT: Scott M. Gillman, CEO of Mascott, 201-535-1000/
 (DINE)


CO: Mascott Corporation ST: New Jersey IN: REA SU:

GK-SH -- NY002 -- 5829 05/07/93 10:00 EDT
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Publication:PR Newswire
Date:May 7, 1993
Words:141
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