Fantastic huge news out! Republic of

New Post Public Reply Private Reply Replies (0) Message Board
Jerseyfish

Fantastic huge news out!

Republic of Texas Brands Incorporated Announces Plan to Purchase Large Texas-Based Barbecue Restaurant Chain and Real Estate

Date : 07/30/2013 @ 3:00PM
Source : Marketwired
Stock : Republic Of Texas Brands Incorporated (PC) (RTXB)
Quote : 0.0155  0.0035 (29.17%) @ 2:50PM

Republic of Texas Brands Incorporated Announces Plan to Purchase Large Texas-Based Barbecue Restaurant Chain and Real Estate

Republic Of Texas Brands Incorporated (PC) (USOTC:RTXB)
Intraday Stock Chart

Today : Tuesday 30 July 2013

Click Here for more Republic Of Texas Brands Incorporated (PC) Charts.

Republic of Texas Brands, Inc. (PINKSHEETS: RTXB) is pleased to announce it has signed a Letter of Intent to purchase a successful Texas-based barbecue restaurant chain, which consists of multiple profitable restaurants in exchange for approximately $20 million. The barbecue restaurant chain has been in business for over 30 years, generated well over $10 million in sales in 2012 and all of its locations are in the Dallas/Fort Worth area. The Company plans on entering into a definitive agreement after its 90 day due diligence period. The Restaurant Chain has asked to keep its name private until the definitive agreement is signed.

Republic of Texas Brands has made arrangements with a publically traded asset based lender to enter into a Letter of Intent to acquire the highly valuable barbecue restaurant chain's real estate from its current owner and lease it back to Republic of Texas Brands. The publically traded asset based lender and the barbecue restaurant chain have started negotiations on a Purchase Agreement. The Company has identified other sources for the necessary funds to complete the acquisition. The Company has no commitment for the balance of the financing and there can be no assurance that it can obtain such financing.

Republic of Texas Brands plans to launch an investor's website page within the next six months in addition to its commerce site www.republicoftexas.com to help keep investors informed and up to date on the Company and its subsidiaries.

"This acquisition will be a huge leap forward for our company and will make Republic of Texas Brands a major player in the Texas barbecue restaurant business. In addition to the company stores, we will also execute our plan to franchise locations all across the United States. The barbecue restaurant chain we plan to acquire will keep the same name that it has been operating under for over 30 years," stated Jerry Grisaffi, CEO of Republic of Texas Brands.

Please visit our website: http://www.republicoftexas.com

Please visit our Facebook: https://www.facebook.com/republicoftexascompanystore

Please visit our Twitter: https://twitter.com/RTXB

About Republic of Texas Brands Incorporated:

Republic of Texas Brands Incorporated (RTXB) has a distinct unique brand and logo that captures the emotion attached to Texas and its independent attitude, recognized and loved around the world. Republic of Texas Brand's strategy will be to utilize its relationship and co-packing agreement with Bergheim Texas BBQ to produce product to our specifications and to be the commissary for our restaurant group.

Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.

Contact:

Jerry Grisaffi

Email Contact

Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links

RMHB Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

GoDaddy Faces Class Action: Investor Stakes High

Updated Category News Views 3

GoDaddy's Legal Turbulence: What's at Stake? Sometimes riding the stock wave can hit unexpected snags, and that's what's up with GoDaddy right now. They're stuck in the middle of a securities deception storm that's sending shivers down the spine of many an investor. The Class Action Lawsuit's Core Here's what you need to know: GoDaddy, with its ticker NYSE:GDDY, is...

Continue Reading
Hims & Hers Faces Legal Storm Over Alleged Privacy Breaches

Updated Category News Views 0

Legal Storms Brew Over Alleged Privacy Breaches Well, here we go again, folks. Just when you think the waters are calming, Hims & Hers Health, Inc. (NYSE: HIMS) finds itself in the thick of a nasty securities fraud class action lawsuit. Allegedly they've been less than honest with their customers' health info—something about sneaking around with people's sensitive data...

Continue Reading
Dreame Unveils Vast AI Product Range at IFA 2026

Updated Category News Views 0

Overnight Sensation or Future Staple? I wonder if Dreame's top brass woke up sweating or smiling after their big reveal at IFA 2026. A buffet of over 100 products across 16 categories is no small feat, especially when you're banking on technologies developed over nine years. But let's cut through the noise—does this showcase promise innovation or just smoke and mirrors?...

Continue Reading
Pudu Robotics Showcases Expansive Portfolio at IFA 2026

Updated Category News Views 2

Robotics in the Spotlight: Pudu's Grand European Entry Well, you don't see this every day—Pudu Robotics, a name riding high in the robotics sphere, is strutting its stuff over at IFA 2026 in Berlin. This ain't just a teaser, folks. They're unloading the whole toolkit, diving head-first into the European market. From gears turning in service delivery bots to industrial...

Continue Reading
PrimeBOT Shines at IFA 2026 with Innovative Awards

Updated Category News Views 5

A New Chapter in Home Robotics In today's tech-centric world, newcomers often confuse flash with substance. But every now and then, you catch a glimpse of something that might just change how the world spins. At this year's IFA 2026, PrimeBOT didn't just dip its toes into the limelight—it cannonballed right in, drumming up some serious buzz with its PrimeBOT T1 and...

Continue Reading
Labcorp Faces Lawsuit: Wiretapping Accusations Surface

Updated Category News Views 3

Labcorp's Legal Tangle Unveiled One minute you're on Labcorp's website searching for medical info, the next you're caught up in a class-action legal whirlwind. Legal drama is not on any patient’s checklist, but here we are, with Labcorp knee-deep in some serious allegations. The crux of the matter points to alleged wiretapping violations, with claims that Labcorp,...

Continue Reading
Shenzhen Media Push: Shaping Asia-Pacific's Future

Updated Category News Views 0

A Metamorphosis in Shenzhen You ever hear about a place that rockets from obscurity to global significance in the blink of an eye? Well, Shenzhen, China is that place. Forty years ago, it was just a quaint fishing village. Fast forward a few decades, and you've got yourself an international powerhouse—a testament to China's rapid development strategy. Shenzhen is now...

Continue Reading
Inturai Ventures Closes Final Tranche with a Twist

Updated Category News Views 5

Wrapping Up a Wild Ride in the Investment Arena Markets are a fickle friend, and today we've got Inturai Ventures calling it a day on their latest cash grab. They've locked the final tranche of their private placement, pulling in an aggregate $963,713.70. Feels like they're counting pennies in this venture, but every cent counts when your aim is to shake up industries...

Continue Reading
Virterion Surges Ahead in VPS Racing With Reliable Hosting

Updated Category News Views 2

Why Virterion Stands Out in 2026 VPS Landscape For anyone knee-deep in the hosting game, you know the market's got more players than a late-night poker round. Virterion, though—that's a name carving out a noticeable niche, and for solid reasons. In 2026, the backdrop's not just speed, it’s about matching technology and support with what ambitious developers need. VPS...

Continue Reading
TECNO's Modular Phone and Mini-PC Win Big at IFA 2026

Updated Category News Views 0

The Tale of Two Game-Changers TECNO has just scooped up two big-time awards, and I'm here to break it down like no glossy magazine ever could. Picture this: a brand that knows how to keep its foot on the innovation pedal and doesn't shy away from shaking up the tech world. TECNO's got the goods, claiming two prestigious IFA Global Product Technology Innovation Awards this...

Continue Reading

Top 5 Most Recently Viewed Articles

Ferrari Set to Share Q3 2025 Financial Insights Soon

Updated Category News Views 326

Ferrari Prepares for Upcoming Q3 2025 Financial Release Ferrari N.V., a brand synonymous with luxury and high-performance sports cars, is gearing up to release its financial results for the third quarter of 2025. This eagerly awaited announcement is scheduled for a Tuesday release, specifically on November 4, 2025. What to Expect from the Financial Results The forthcoming...

Continue Reading
Insights into Reddit's Recent Stock Performance and Investor Concerns

Updated Category News Views 196

Understanding Reddit's Stock Fluctuations Reddit, Inc. has attracted significant attention lately due to some troubling developments affecting its stock, particularly involving the ticker RDDT. Concerns about the company's performance have prompted investigations into possible mismanagement and investor losses. Investors who may feel impacted are strongly encouraged to...

Continue Reading
CSX Reports Q4 Earnings: Key Insights for Investors

Updated Category News Views 114

CSX Q4 Earnings Overview CSX has recently disclosed its earnings for the fourth quarter. During this announcement, the company reported mixed results, presenting figures that raised some eyebrows in the financial community. Understanding these insights is crucial for investors looking to navigate their portfolio amid these updates. Earnings Performance Breakdown Current...

Continue Reading
Exciting New Townhome Community Launched by Toll Brothers

Updated Category News Views 160

Introducing the Rivercrest Townhome Community Excitement is building as Toll Brothers, the renowned luxury homebuilder, prepares to introduce the Rivercrest Townhome Community, set to open soon. This exclusive collection of townhomes brings an exceptional living opportunity to homeowners who desire both comfort and convenience. Located within a vibrant area, this...

Continue Reading
Transforming a $100 Investment Today: Carrier Global Insights

Updated Category News Views 124

How A $100 Investment In Carrier Global Can Impact Your Future Investing can be a daunting journey, but it can also be incredibly rewarding. If you had invested $100 in Carrier Global (CARR) five years ago, your investment would have significantly appreciated over time. Understanding the dynamics of this company can inspire current and potential investors alike....

Continue Reading