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Re: allenc post# 5102

Thursday, 05/19/2016 9:30:57 AM

Thursday, May 19, 2016 9:30:57 AM

Post# of 16205
NEWS - Grey Fox Holdings Corp Announces That They Are in the Final Stages of Negotiations With a Graffiti Junktion That Is a Corporate Location

MARKET WIRE 9:30 AM ET 5/19/2016

ORLANDO, FL -- (Marketwired) -- 05/19/16 -- Grey Fox Holdings Corp is pleased to announce that after many weeks of due diligence and negotiations, GFOX and Graffiti Junktion Corporate, have reached an agreement in regards to GFOX purchasing a fully operational Graffiti Junktion corporate location. In the upcoming weeks, GFOX will be drafting the necessary documents in order to complete this transaction. We tentatively could close on this transaction within the next 8 weeks.

Furthermore, and in addition to, GFOX recently entered into the early stages of negotiations with another restaurant/bar that is currently operating in New Smyrna Beach, Florida. At this point, we are reviewing their financials, and performing all necessary due diligence. GFOX's CEO, Daniel Sobolewski stated, "It has been a very busy few weeks. I look forward to closing on the Graffiti Junktion Corporate location in the very near future. However, I believe both of these location would prove to be extremely beneficial not only for GFOX, but for the Shareholders of GFOX as well."

For more information on Grey Fox Holdings Corp or Graffiti Junktion please visit www.greyfoxholdings.com or www.graffitijunktion.com.

FORWARD LOOKING STATEMENT

This news release includes forward-looking statements that reflect Grey Fox Holdings Corp, Inc.'s current expectations about its future results, performance, prospects and opportunities. Grey Fox Holding, Corp. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "should," "typical," "we are confident" or similar expressions. These forward-looking statements are based on information currently available to Grey Fox Holdings, Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2013 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.

Contact:
Daniel Sobolewski
CEO
407-415-0013

Source: Gray Fox Petroleum Corp(GFOX)

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