GRILLiT Announce Corporate Update
MIAMI - Aug. 24, 2015 // PRNewswire // - GRILLiT, Inc. (the "Company" or "GRILLiT") (OTC Pink Markets: GRLT) today proudly announcing an invitation to shareholders.
To GRLT shareholders: As you are now aware, Ghazi Hajj resigned as CEO and has been replaced by Henry L. Klein. Mr. Klein will be formally introduced to you at a special meeting of shareholders on September 28, 2015 at the Ritz-Carlton in New Orleans.
Mr. Klein will bring his imagination and vision to GRLT as the new CEO. His extensive legal career has spanned the United States and most aspects of the law, including anti-trust, banking, commercial, copyright, intellectual property, patent, securities and trade regulation law.
In matter of days, Mr. Klein has made substantial capital commitments and executed letters of intent for new openings in vibrant locations. These new locations will introduce the new concept of an espresso adjunct and will have a new "signature" façade, making the GRILLiT restaurant and bar concept instantly recognizable.
As stated in the previous press release, Mr. Klein has brought a minimum of $900,000 equity to the company when he assumed the position of CEO, and he expects to grow that number exponentially for the benefit of GRLT shareholders.
In addition to his professional success, Mr. Klein is a community leader. He has been a directing member of the New Orleans Opera and played a leading role in commemorating the Placido Domingo Stage in the New Orleans Theater for the Performing Arts.
Appointing Mr. Henry Klein as CEO presents huge opportunity to improve GRILLiT's future and the future of our shareholders.
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.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.