$EEDG - CEO Reports Company Near First Gourmet Chi
Post# of 102228
CEO James Boyd said company plans to sign first lease this month on first Gourmet Chicken Restaurant Location.
"We have been successful in finding two locations that meet our criteria and have been in discussions with a real estate developer who has a portfolio of high visibility properties and proceeding with lease negotiations," Boyd said.
"We plan to have the lease signed by mid-January for the first Gourmet Chicken Restaurant. The opening date will be based on general contractor schedules and municipal permitting," he added.
The company has been approached by another developer about locating Gourmet Chicken inside a large commercial office/student housing development adjacent to a large hospital, he said. The location appears to be an excellent site and there is a potential to open a second location in the first quarter of 2014. "Our plan is to build and offer these locations to licensees or franchisees after we file the necessary documents to offer franchises.
"EEDG also is issuing formal notification concerning the company's official Twitter account /name-- "EnergyEdTechnol". This action directs shareholders to the official source for updates and information. We will be Tweeting updates as they occur to keep investors up to date on our development progress.
EEDG also is in the process of filing an SEC form 14C to communicate our plan to change the name of the corporation to one that more accurately reflects our core business