Preferred Restauant Brands Inc. (fka PRBI)

[kimzerfantastik]

04/16/14...Dixi Foods International To Acquire Restaurant Group - KCI Investments, LLC;
http://ih.advfn.com/p.php?pid=nmona&article=61865285

WILLISTON, FLORIDA / ACCESSWIRE / April 16, 2014 - DIXI Foods International, Inc. (OTC: DIXI) has signed a definitive agreement to acquire all of the assets and business of KCI Investments, LLC.

KCI builds and operates a growing, multi-brand chain of fast casual restaurants, currently under two franchise brands: Capriotti’s Sandwich Shops and Papa John’s (Papa John’s International: NASDAQ: PZZA). Headquartered in Las Vegas, Nevada and incorporated in 2004, KCI currently:

1. Operates 12 franchised Capriotti’s Sandwich Shops in: Clark County, Nevada; Dallas/Fort Worth; Texas and four counties in Southern California, and

2. Has seven additional Capriotti’s locations in development.

KCI currently has exclusive development areas for Capriotti's Sandwich Shops in all of Dallas/Fort Worth and its Southern California markets (Orange County, San Diego County and parts of Los Angeles County), and also has the exclusive rights to develop Papa John's in trade areas stretching from Fresno to north of Sacramento, California.

DIXI, a Florida corporation, currently is a development stage company founded in 2010 and headquartered in Williston, Florida.

Under the terms of the definitive agreement, KCI will receive approximately 96% of the shares of Dixie Foods International, Inc. to be outstanding after the acquisition. The acquisition is subject to various closing conditions. The two companies anticipate consummating this transaction in approximately 30 to 45 days.

...
For information contact:

Richard Groberg
CFO
KCI Investments, LLC
[e-mail]
[www.kciinvestmentsllc.com]

Robert Jordon
CEO
DIXI Foods International, Inc.
[e-mail]