Wednesday, August 17, 2016 1:48:28 PM
NOTE 7 – ACQUIRED SUBSIDIARIES
On January 1, 2016, the Company took over operations of a family restaurant in Broken Arrow, Oklahoma for an investment of $200,000 from the prior owner. Full Moon Café is a well-known local restaurant with a solid reputation for American food and entertainment. Escrow was closed on the purchase of the company stock of the restaurant occurred on February 17, 2016.
On March 18, 2016, the Company purchased the stock of another Tulsa, Oklahoma restaurant renaming it the Sooner Bread Company. The restaurant is well known for family and take out dining. Of note is that all of the dough used in the operation’s menu fare is made in house. The purchase price of the restaurant totaled $172,022
It also states that none of the officers in GRLT is under investigation from federal or state entities. I would like to see proof of the postings of late.
Any and all posts are expressly my opinion and shouldn't be used to make any investment decisions. Do your own DD and come to your own conclusions.
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