BGR Corp.'s Kokopelli Mexican Grill Chain Sells Franchise Rights for Five Phoenix Locations.PHOENIX -- BGR BGR Bundesanstalt für Geowissenschaften und Rohstoffe (in Federal Republic of Germany) BGR Bulgaria (ISO Country code) BGR Blue Green Red (uncommon variant of RGB) Corp. (the "company") (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :BGRN) announced today that its Kokopelli Mexican Grill franchise has entered into a development agreement with a local Phoenix-based developer to build five of the company's fast-casual "Tex-Mex" style restaurants in the greater Phoenix market. The first two restaurant sites have already been identified, and the first of these five Kokopelli Mexican Grill restaurants is slated to open in January 2005. "We are pleased to have secured this agreement, with the help of American Restaurant Development, for our Kokopelli chain. The Phoenix market -- where Kokopelli's was founded -- is of course ideal for the restaurant's Tex-Mex menu, and the two locations already secured meet all of our criteria for success including being deluged with lunch-hour traffic on weekdays," stated Brad Miller, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of BGR Corp. Kokopelli Mexican Grill was founded in 1997 in the Phoenix area. The Kokopelli fast-casual franchise offers made-to-order big-burritos, tacos, fajitas fajitas Noun, pl a Mexican dish of soft tortillas wrapped around fried strips of meat or vegetables [Mexican Spanish] , and other Mexican favorites, as well as beer, frozen margaritas and other beverages on both a dine-in and take-out basis. Additionally, Kokopelli's uses only the freshest ingredients prepared without preservatives, additives or conditioners. BGR Corp. is a franchise development company headquartered in Phoenix. BGR was organized by industry veterans with the intent of leveraging their accumulative LEGACY, ACCUMULATIVE. An accumulative legacy is a second bequest given by the same testator to the same legatee, whether it be of the same kind of thing, as money, or whether it be of different things, as, one hundred dollars, in one legacy, and a thousand dollars in another, or whether expertise of the restaurant business into emerging and undervalued Undervalued A stock or other security that is trading below its true value. Notes: The difficulty is knowing what the "true" value actually is. Analysts will usually recommend an undervalued stock with a strong buy rating. franchise concepts. BGR's franchise restaurants are always strategically placed in high-volume retail centers or other high-traffic commercial locations in order to ensure rapid growth and long-term success. Safe Harbor Statement: The statements in this release that relate to future plans, expectations, events, performance, and the like are forward-looking statements within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 and the Securities Exchange Act of 1934. Actual results or events could differ materially from those described in the forward-looking statements due to a variety of factors, including those set forth in the company's report on Form 10-KSB for fiscal year 2003 filed with the Securities and Exchange Commission. |
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