MIAMI - March 18, 2014 // PRNewswire // - GRILLiT, Inc. (OTC: GRLT) (the "Company" or "GRILLiT") today announced that it has changed its name to Healthy & Tasty Brands Corporation in its domicile State of Nevada, and has initiated the name change with FINRA. The Company's new corporate web address is http://www.handtbrands.com.
As announced in its news release on February 24, 2014, the name change was done to reflect the broadening of its corporate vision to include a strategy of acquisition of interests in health-conscious, premium foods suppliers, restaurant franchises, and other synergistic entities within the expanding healthy, natural foods sector. The Company will continue to operate GRILLiT as a wholly owned subsidiary, which will continue to carry out its restaurant operations and franchise development plan.
This in no way changes the Company's ownership or development plans of GRILLiT. As stated, Healthy & Tasty Brands Corporation will continue to own all of the rights to the GRILLiT operation through its 100% ownership of GRILLiT, Inc.
The Company's CEO, Ghazi Hajj, stated, "We believe that this plan will allow us to take advantage of the many emerging opportunities that are being created in our industry right now. The market place is realizing that healthy food can be individualized, taste great and served quickly while being reasonably priced."
The GRILLiT website is now available as a link from the Company's new corporate website, http://www.handtbrands.com.
The Company has initiated the name change with FINRA, and expects for the change to be effectuated within the next 2-3 weeks. Until then, the Company will still trade under the name GRILLIT, Inc. with the ticker symbol of GRLT. The Company will announce the effectuated name and ticker change once finalized by FINRA.
GRILLiT (GRLT) is a growing Latin-Caribbean fusion restaurant concept that marries fast casual to nutritious and healthy food. The company opened its first location in Miami in 2011 and specializes in chef-inspired custom crafted rice bowls, pasta and wraps as well as salads. GRILLiT utilizes domestic growers and delivers healthy cuisine using only fresh proteins, such as never-frozen chicken and Angus beef. Restaurants offer an inviting and comfortable atmosphere with an open kitchen and contemporary, industrial design. For more information, visit http://www.grillitinc.com.
Statements in this press release that are not purely historical facts, including statements regarding GRILLiT's beliefs, expectations, intentions or strategies for the future, may be "forward-looking statements" under the Private Securities Litigation Reform Act of 1996. Such statements consist of any statement other than a recitation of historical fact and can be identified by the use of forward-looking terminology such as "plan", "may", "expect", "anticipate", "intend", "estimate" or "continue" or the negative thereof or other variations thereof or comparable terminology. The reader is cautioned that all forward-looking statements are speculative, and there are certain risks and uncertainties that could cause actual events or results to differ from those referred to in such forward-looking statements. This disclosure highlights some of the important risks regarding our business. Specifically, the reader should not place undue reliance on statements regarding our retained consultants to increase franchise sales in their targeted franchise markets. Additionally, there are number of other risk factors relating to our business more fully explained identified by us in our filings with the OTC Markets, which are available through http://www.otcmarkets.com.
SOURCE GRILLiT, Inc.