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MAVERICK RESTAURANT REPORTS SALE OF RESTAURANTS

 MAVERICK RESTAURANT REPORTS SALE OF RESTAURANTS
 WICHITA, Kan., Aug. 21 /PRNewswire/ -- Maverick Restaurant


Corporation (OTC BULLETIN BOARD: MAVR) today reported that the company and its franchisor, Grandy's Inc., have completed a transaction effective Aug. 20, by which Maverick has sold four Grandy's restaurants located in Tulsa, Okla.
 In a separate transaction the company closed its Grandy's restaurant in Virginia Beach, Va. pursuant to a contract to sell the restaurant. Closing on the transaction is expected to take place next week. Subsequent to these transactions Maverick will own and operate 15 Grandy's restaurants in five states.
 The company also reported that commencing Aug. 18, 1992, the company's stock will be listed on the OTC Bulletin board. Like NASDAQ, this new market is electronic and screen-based. Stock quotation information on OTC Bulletin Board securities is available on stockholder's desktop terminals.
 -0- 8/21/92
 /CONTACT: Chris F. Hotze or Linn F. Hohl of Maverick Restaurant, 316-685-8281/
 (MAVR) CO: Maverick Restaurant Corporation ST: Kansas IN: LEI SU: TNM


LR-OS -- NY027 -- 2108 08/21/92 11:32 EDT
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Publication:PR Newswire
Date:Aug 21, 1992
Words:174
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