Company announced that it has retained Newbridge Securities Corporation ("Newbridge"), a full-service securities brokerage and investment banking firm, to provide strategic corporate finance and investment banking services. This union will assist Hip Cuisine multiple fronts, including plotting a course to uplist onto a senior National Exchange, advising on future capital raises for the funding of additional locations and evaluating potential M&A transactions.
In the interview Mr. Gillen stated, “Our hub and spoke model allows us to penetrate new markets affordably. We can build a production kitchen restaurant to service the five to six low cost spoke locations that are manned by a single employee per shift. This model really brings our cost of goods down making healthy, clean food affordable for the masses. We are looking to expand in California. We are moving into Indiana where the labor is cheaper. It is an exciting time and we hope new investors take a close look at what we are doing.”
HIPC