BOCA RATON, FL--(Marketwired - Oct 1, 2015) - PF Hospitality Group, Inc. (OTC PINK: PFHS) ("PF Hospitality Group"), a management firm which develops and operates innovative and healthy brands within the restaurant, hospitality and retail industries, announces that on September 23, 2015 the Company filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC). This is a critical step in the Company becoming a fully reporting company with the SEC, leading the way for its planned listing on the OTCQB.
"It is PF Hospitality Group's intention to expand our reach to each shareholder, increase disclosures and improve the transparency for investors while elevating the visibility of our stock and our operations with this move," commented Vaughan Dugan, CEO of PF Hospitality Group. "We look forward to increasing the number of potential investors for our stock and are very proud to be making this significant effort, marking a key milestone for the Company."
A Form 10 registration statement automatically becomes effective sixty (60) days following filing. Once effective, PF Hospitality Group will be subject to the reporting requirements of the Securities Exchange Act of 1934 and will file annual reports on Form 10-K which will include audited financial statements, quarterly reports on Form 10-Q and periodic reports on Form 8-K. Additionally, PF Hospitality Group will be subject to the proxy rules in Section 14 of the Exchange Act, and ownership rules and reporting requirements in Sections 13 and 16 of the Exchange Act. This transition provides PF Hospitality Group a means of presenting enhanced information including audited financial statements with full disclosure to the market place.
For more information on PF Hospitality Group projects, please visit: www.PFHospitalityGroup.com.
About PF Hospitality Group
PF Hospitality Group, Inc., (OTC PINK: PFHS) is a management firm which creates, cultivates, and operates innovative and healthy lifestyle brands within the restaurant and retail industries. PF Hospitality Group focuses on consumer food service concepts founded on franchised and multi-unit business models within the retail, fast-casual, and traditional restaurant sectors. As the creator and current advisor organization of the all-natural and organic pizza franchise, Pizza Fusion, PF Hospitality Group seeks to expand the Company's innovative food service with an emphasis on sustainability and community impact. Currently with locations in selected markets in the United States, Saudi Arabia, and the United Arab Emirates, the Company is poised to rollout new concepts it plans to develop and manage. PF Hospitality Group has also created "Shaker & Pie," an interactive restaurant concept which combines wood-fired pizzas with healthy, hearty Italian-influenced street food, slated to launch in Q2 2016 out of Boca Raton, Florida. Leaning on its extensive resources and depth of team members, PF Hospitality Group is actively seeking brands that share a vision to provide a compelling value proposition so that new and unique concepts may be developed and operated with the customer, environment, and bottom line profitability in mind. For more information on PF Hospitality Group, please visit: www.PFHospitalityGroup.com.
Safe Harbor and Forward-Looking Statements
This news release contains statements that involve expectations, plans or intentions (such as those relating to future expansion or financial results) and other factors discussed from time to time in the Company's OTC Markets filings. These statements are forward-looking and are subject to risks and uncertainties, so actual results may vary materially. You can identify these for- ward-looking statements by words such as "may," "should," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of certain factors not within the control of the company. The company cautions readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. The company disclaims any obligation subsequently to revise any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.