LOS ANGELES, March 26, 2015 (GLOBE NEWSWIRE) -- Everlert, Inc. (the "Company") (OTC:EVLI), has obtained its third client for its consulting group that offers financial structuring and strategic planning services. The latest addition of a third consulting client allows the Company to utilize its management capabilities in the same way that it works with its Entertainment and Real Estate projects. The new clients also provide an additional source of revenue to support the current quarter operations.
Everlert's consulting group was formed based on the expertise of its management in working with mid-market and large corporations over the past several years. Each of these new client relationships draws on management's expertise for various financial consulting services including financial reorganization, strategic financing, capital restructuring, and strategic planning. The clients are also a possible target opportunity for an equity participation or buyout position for Everlert.
Everlert's newest consulting client is Celebrity Soul Food Buffet LLC. Everlert has been retained by this restaurant chain to assist in identifying new locations throughout Southern California, as well as a restructuring the restaurant's operations to increase revenue and profitability. Utilizing Everlert's celebrity contacts and the Company's experienced consulting team, and financing partners in the same way Everlert endeavors to work with all of its consulting clients, the Company hopes to help Celebrity Soul Foods achieve its short term and long-term operating goals.
"This agreement is an excellent strategic relationship and client for Everlert. The addition of Celebrity Soul Food Buffet to our growing list of clients should allow our Company to record significant revenue in the first quarter based on consulting fees with the long term possibility to achieve additional revenue based on the equity participation portion of the fees for our services. Management is hopeful that our consulting operations will augment near term cash flow from our Entertainment, Media and Real Estate projects," said Mark Blankenship, President and CEO of Everlert, Inc.
Celebrity Soul Food Buffet is located in Orange County, California and features authentic "Soul Food" based on recipes that have been a family tradition for over three generations. Celebrity Soul Food maintains strict standards for their comfort food, soul food, and homemade southern specialties recipes handed down from the owner's grandmother in an all you can eat buffet setting.
Please visit the restaurant's website for more information at: www.celebritysoulfoodbuffet.com
Forward-Looking Statements
You should not place undue reliance on forward-looking statements in this press release. This press release contains forward-looking statements that involve risks and uncertainties. Words such as "will," "anticipates," "believes," "plans," "goal," "expects," "future," "intends," and similar expressions are used to identify these forward-looking statements. There are special risks associated with consulting contracts that must be considered when projecting revenue and the long-term value of equity and cash fees. Actual results could differ materially from those anticipated in these forward-looking statements for many reasons, including the risks we face as described in this press release.
Company Web Site: www.everlertinc.com
Mark Blankenship, President & CEO