COLORADO SPRINGS, Colo., June 10, 2015 (GLOBE NEWSWIRE) -- Southern Concepts Restaurant Group, Inc. (SCRG) (OTCQB:RIBS) has been invited to present at the National Investment Banking Association's (NIBA) conference in Newport Beach, Calif. The conference will be held at the Balboa Bay Resort beginning June 24th through June 26th.
At the conference, SCRG will unveil its fast casual barbecue concept, as well as its growth plans for the next 24 months. Southern Concepts President, Mitchell Roth, will be presenting for the company, and will be in attendance for all three days to meet with investment bankers and investor relations professionals from the finance community.
"Presenting at NIBAs West coast conference is a tremendous opportunity for our company to meet and engage with certain bankers and other finance professionals who will allow us to realize the tremendous growth we, as a company, are anticipating for the next 24 to 36 months, including an uplisting," said Roth.
Southern Concepts has recently received funding for its capital expenditures from a Colorado-based private equity investment group, which will provide the company with the capital to finance the hard costs of opening its initial fast casual location in the Denver area.
Southern Concepts Restaurant Group, Inc. is a publicly traded restaurant holding company. Currently, the company owns and manages three full-service Southern Hospitality restaurants in the Colorado market, and is in the process of developing a fast casual barbecue concept that will serve as the company's growth vehicle. The full-service Southern Hospitality concept was co-created by Eytan Sugarman, Justin Timberlake, and Trace Eyala in New York City's Hell's Kitchen neighborhood.
About NIBA
The National Investment Banking Association provides a unique opportunity for broker dealers, investment bankers, fund managers, and capital market service providers to make valuable industry connections. Each event showcases private and public companies actively seeking access to the financial industry.
For more information about SCRG visit www.southernconcepts.com.
FORWARD-LOOKING STATEMENTS
The information in this news release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements involve risks and uncertainties, including statements regarding the company's business strategy and expectations. Any statements contained herein that are not statements of historical facts may be deemed to be forward-looking statements. In some cases, forward-looking statements can be identified by terminology such as "may," "will," "should," "expect," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential," or "continue," the negative of such terms or other comparable terminology. Actual events or results may differ materially. The company disclaims any obligation to publicly update these statements, or disclose any difference between its actual results and those reflected in these statements. The information constitutes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.