03:09:14 EDT Thu 25 Apr 2024
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USA Restaurant Funding (OTC: SAMP) to File for Stock Symbol Change

2015-05-26 08:01 ET - News Release

New "Red House" Restaurant in Colleyville, Texas Scheduled to Open

DALLAS, TX / ACCESSWIRE / May 26, 2015 / USA Restaurant Funding, Inc. (PINKSHEETS: SAMP) will file this week to request the change of its stock symbol to better reflect its corporate name and business. The Company expects the new symbol to take effect within 30 days. Following the symbol change, USA Restaurant Funding plans to expand its brand imaging and marketing plans.

Jeff Love, Chairman of USA Restaurant Funding stated, "Our management team is more confident than ever that we are positioned for strong growth and profitability as we launch the opening of our second restaurant. We have a focused strategy to build shareholder value and believe our numbers will deliver as we open more restaurants."

In addition, USA Restaurant Funding announces it still expects to open its new "Red House" Cajun Seafood Restaurant at 5120 State Highway 121 Colleyville, Texas 76034 by end of Q2 2015, or at the latest, the beginning of July 2015. "Red House" Cajun Seafood Restaurant will offer an open dining concept featuring a beautiful 38-foot custom wood bar with a walk-in beer cooler and wine room conveniently located adjacent to the bar. The open dining area with cozy booth seating has occupancy for 275 people.

The location for "Red House" appears to be ideal as it is in a very busy restaurant and retail corridor. Other restaurants along Highway 121 service road adjacent to the building include Rio Mambo, La Hacienda, JR’s Grill and Cantina Laredo. There is also a new planned 96-room Hampton Inn & Suites Hotel just to the north of the building and within walking distance via a sidewalk connecting the hotel to the restaurant. The hotel does not have a restaurant planned and should be an excellent demand generator for dining patrons. Directly to the south is the 194-acre residential and retail development, Glade Parks. This project is currently under construction and will include big-box retail, shops, 400 multi-family residences and 125 single-family homes. The Highway 121 corridor is also a major north/south thoroughfare in the DFW Metroplex.

About USA Restaurant Funding, Inc.

USA Restaurant Funding based in Dallas, Texas is focused on acquiring and funding restaurants that it believes have a proven recipe for success. Its current focus is on Vietnamese pho and Cajun style cuisine. The Company has plans to add locations based on its market research. More information can be found at www.usarestaurantfundinginc.com.

Forward-Looking Statements

This press release may contain forward-looking statements. The words "believe," "expect," "should," "intend," "estimate," "projects," variations of such words and similar expressions identify forward-looking statements, but their absence does not mean that a statement is not a forward-looking statement. These forward-looking statements are based upon the Company's current expectations and are subject to a number of risks, uncertainties and assumptions. The Company undertakes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Among the important factors that could cause actual results to differ significantly from those expressed or implied by such forward-looking statements are risks that are detailed in the Company's filings, which are on file at www.OTCMarkets.com.

Contact:

972-661-9960

SOURCE: USA Restaurant Funding, Inc.

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