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Re: Iron Maiden post# 3631

Thursday, 05/29/2014 5:07:24 PM

Thursday, May 29, 2014 5:07:24 PM

Post# of 3680
Check the website- a few more new locations. Press release from Oct 13 is baloney- they are still tied up in court: "UFood Grill announced their emergence from Chapter 11 reorganization on October 4, 2013. The UFood Restaurant Group Inc. And its wholly owned subsidiaries (the “Company”) filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code on December 14, 2012 citing liquidity issues in the face of a slowing economy. Healthy Acquisitions Corp.was the successful bidder of the UFood Grill concept acquiring the UFood Grill brand and related assets.
Healthy Acquisitions Corp. CEO and Chairman – Richard Golden said in a statement “The future of UFood Grill is poised for growth in the healthy grill market place segment with a very strong balance sheet, adequate growth capital and the right team moving forward”. “I want to thank all of our Franchisees, employees, vendors and our customers for sticking with us through this difficult period in the brand’s history”. “Our growth strategy will be in the non-traditional development channels such as college campuses, hospitals, government facilities, office buildings, airports and roadways.”
UFood Grill Franchisees have continued to be supportive by executing scheduled openings through the re-organization process. The opening schedule for the next twelve months includes 14 additional locations."

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