Mizati Luxury Alloy Wheels, Inc. (OTC: MZTI.PK) Enters the Rent – To – Own (RTO) Marketplace
While Mizati Luxury Alloy Wheels, Inc. (OTC: MZTI.PK) previously announced its strategy to enter the Rent-To-Own (RTO) market with wheel and tire stores under its wholly-owned subsidiary "Wheel Lots", the Company is moving forward with its plan. On May 23, 2007, Mizati finalized the lease on a 3,000 square foot facility. CEO Hazel Chu commented on the development, "After months of researching and planning, it is rewarding to implement our new business model. The building is in a great location, and once we add our Wheel Lots touch it will be a shining example of Mizati's commitment to quality and…