GRILLiT Announce Significant Corporate Update
MIAMI - Aug. 20, 2015 // PRNewswire // - GRILLiT, Inc. (OTC: GRLT). Ghazi Hajj, CEO of Healthy & Tasty Brands Corporation, of which GRILLiT is a signature brand, is pleased to announce to its shareholders significant developments within the company and its ongoing operations.
Effective August 12, 2015, Mr. Hajj has resigned as CEO and has been replaced by Mr. Henry L. Klein as his successor. Mr. Hajj will remain with GRLT as an advisor. Mr. Hajj will focus on a restaurant and bar concept with the enhancement of the health-oriented new menu through additional brands being brought to the company thru Mr. Klein and his management team. The new brands will be consistent with the quality of its present culinary offerings.
Already, the company has added an operating restaurant located within the Clarion Inn in Pueblo, Colorado and is in negotiations with owners of affiliate hotels for eleven additional seamless transitions to the GRLT restaurant and bar concept. The transitions will allow the restaurants to continue to operate while changing the façade to what will be a signature look making the company recognizable at first glance.
The Pueblo GrilliTs Bar and Restaurant is located in a vibrant and growing community with easy access to nearby attractions including Lake Pueblo State Park, the Historic Arkansas Riverwalk of Pueblo, the Pueblo Convention center, the Colorado State Fair, Pueblo Motorsports Park, I-25 Speedway and the Colorado State University at Pueblo. The new menu has been enhanced to accommodate outside customers, catering services, hotel guests, hotel operations and banquet facilities. It will be the avowed policy of the company to enter visible and vibrant markets where the signature look will stand out as a recognizable culinary destination.
Newly-appointed CEO Henry Klein stated the following: "I am pleased to be part of what I believe will develop into a powerhouse in the healthy food dining experience. I have confidence that, with the tremendous ground work already completed by Ghazi Hajj on this new concept and product, we will quickly acquire many additional operational locations for conversion to the new bar and restaurant concept over the next several months."
Mr. Klein also stated that he has brought a minimum of $900,000 equity to the company when he assumed the position of CEO, and expects to grow that number exponentially for the benefit of GRLT shareholders. In closing, Mr. Klein stated that he believes adding ongoing and successful operations for conversion to the new Healthy & Tasty Brands concepts will be the key to rapid revenue growth and the long-term success of the company, whose horizons will expand across the nation. Additional news will be forthcoming as developments dictate.
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 grass-fed steak. Restaurants offer an inviting and comfortable atmosphere with an open kitchen and contemporary, industrial design. For more information, visit www.grillitinc.com or www.handtbrands.com.
Forward Looking Statements
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.