NOTE 9 - SUBSEQUENT EVENTS Solanbridge Group, Inc. announces it has accepted the resignation of Matthew Nicoletti from all of his positions with the company on January 31, 2013.
February 7, 2013 Solanbridge Group, Inc announce it has completed the acquisition of David’s Steak and Seafood Restaurant, an upscale steak house, which presents fine dining in an elegant atmosphere in the heart of Melbourne Beach, offering guests the finest cuts of choice USDA meats, fresh seafood, and much more. From October 2012 through December 31, 2012, David’s Steak and Seafood had a net income of $15,193. As part of the agreement, Mr. David Green, will become the Chief Executive Officer and Director of Solanbridge Group and Mrs. Jenifer Bogosh will become President of Solanbridge Group, Inc.
February 20, 2013 Solanbridge Group, Inc announced its subsidiary, David’s Steak and Seafood Restaurant has secured a one year lease extension located its location in Melbourne Beach, FL. The company has its focus on expanding to multiple locations within the next three years.
February 20, 2013 Solanbridge Group, Inc. announces the resignation of Mr. Charles Lance from all of his positions with the company. Mr. Lance resigned to pursue other opportunities and management does not know of any disagreement with Mr. Lance on any matter relation to the issuer’s operations, policies or practices.
March 20, 2013 Solanbridge Group, Inc announced that its management team has decided to move its corporate offices to Atlanta, GA to expand its operations to a larger market in the South East Region. The company has decided to begin the process of franchising its upscale steakhouse, and chose Atlanta as the most advantageous market to being the process.
April 2, 2013 Solanbridge Group, Inc announced that David’s Steak and Seafood has recorder its highest month in sales in its three year history. They have started renovation the restaurant inside and out providing its guests with a new and improved atmosphere.
April 16, 2013 Solanbridge Group, Inc announces that David’s Steak and Seafood, a subsidiary of Solanbridge Group, Inc., has secured its business license with the city of Palm Bay for its new restaurant David’s On The River. The company entered into a letter of intent to purchase Paisano’s Restaurant. The intent included a 2 year lease agreement with the option to purchase real-estate and building located at 4445 Dixie Hwy NE Palm Bay, FL. The property is located directly on the Indian River. The company plans on entering into a definitive agreement after its 45 due diligence period. They are on target to hold their grand opening on July 4, 2013.
NOTE 9 - SUBSEQUENT EVENTS (CONTINUED)
May 14, 2013 Solanbridge Group, Inc. announced that is has entered into a purchase agreement with Thursdays Too, located at 147 Herlong Ave., Rock Hill, South Carolina. The company plans to create a new upscale steak house for Rock Hill. Thursdays Too offers a large bar and dining area as well as a private dining room, which is available for private parties and can accommodate up to 50 guests. The company is set to update the restaurant over the next 90 days by adding to the existing kitchen and renovating the inside and out in order to offer consumers a sophisticated atmosphere
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