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WBBA 8k out In August of 2022, the Company, thr

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Post# of 38596
(Total Views: 119)
Posted On: 09/07/2022 9:51:39 AM
Posted By: i_like_bb_stock
WBBA 8k out
In August of 2022, the Company, through its wholly owned subsidiary, WB Burgers Japan Co., Ltd., entered into and consummated a rental agreement with “Kitchen Depot” for a ghost kitchen in the Tamachi neighborhood of Minato, Tokyo, Japan. Kitchen Depot is an unrelated third party, and the rental agreement is for a period of two years, with the option to renew at the conclusion. From this location, as of August 27, 2022, the Company has begun to offer delivery of Wayback Burgers menu items, such as those offered at the Company’s physical “dine in” restaurant location in the Omotesando shopping plaza, located in Tokyo, Japan. At this time, orders can be placed exclusively through UberEats, although we have plans to expand the range of our delivery options in the future. Additionally, delivery is only available within a 2-3 kilometer radius of our Tamachi location. The Company believes that its new Wayback Burgers delivery-only location, with convenient online ordering, will serve to not only attract additional customers, but will also expand awareness of our menu items and Wayback Burgers as a whole.
The Company has also begun to develop its own mobile application for food delivery services. This application is in its early stages of development, is not yet fully functional, and cannot, at this time, be discussed in greater detail as developments are ongoing.
As mentioned previously, the Company is currently relying exclusively on Uber Eats for ordering and delivering as it relates to its new location in Tamachi. https://www.sec.gov/Archives/edgar/data/17874...8k9622.htm


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