SMMR, RM finally happened! They issued restricted shares for this, so float will stay around 4,5 million.
On June 29, 2018, the Company entered into an acquisition agreement (“Acquisition Agreement”) with a privately-held company, Dixie Belle’s Restaurant Group, Inc., a Florida corporation, in an unrelated business (the “Acquisition”). Dixie Belle’s Restaurant Group, Inc. is a company developing restaurants in the Orlando, Florida, area. As a result of the Acquisition, the Company became the owner and operator of a restaurant development company and underwent a change of control. The new business plan of the Company is the development of eat-in restaurants in the greater Orlando, Florida, area that provide food and beverages to consumers residing in, or visiting the area.
Tenant announcements at Maitland City Centre, a newesidential/retail complex, continue apace.
The space has yet to open, but several restaurants have been previously confirmed, including Midici Pizza, 407 Café and the requisite Starbucks. Today three new food-focused tenants were confirmed: Boku Sushi, Cookit World and Dixie Belle’s Café.
Dixie Belle's is well-known to Orlandoans, having been open in South Orlando for 11 years.
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