RTXB ANNOUNCES LETTER OF INTENT
November 06 2012 - 8:44AM
OTC Markets
DATE:
November 6, 2012
HEADLINE:
REPUBLIC OF TEXAS BRANDS INCORPORATED ANNOUNCES LETTER OF INTENT
WITH BERGHEIM TEXAS BBQ
DATELINE:
DALLAS, TEXAS
CONTACT:
JERRY GRISAFFI
jerry@republicoftexas.com
(214) 394-3865
Jerry Grisaffi, Chief Executive Officer and Chairman of the Board
of Republic of Texas Brands Incorporated (PINKSHEETS: RTXB),
announced today that RTXB has entered into a Letter of Intent with
Bergheim Texas BBQ (“Bergheim”) for Bergheim to execute a
co-packing agreement with RTXB to do the following:
1.
Provide smoked meats for RTXB’s 1824 Texas Best Barbecue
Restaurants
2.
Act as a fulfillment house for RTXB’s website smoked meat
sales
3.
Fill any other sales orders generated directly or indirectly by
RTXB or its subsidiaries
The co-packing agreement will be for a term of 15 years.
In addition, the Letter of Intent calls for Jesse Tindall to become
a Board Member for RTXB and to provide certain consulting services
for RTXB. Bergheim
will deliver to RTXB all recipes, processes and know how to
duplicate the award-winning smoked meat products that Bergheim
currently produces.
Bergheim Barbeque opened in 1986 as a small restaurant in Bergheim,
Texas. Bergheim
Barbeque was founded by Jesse Tindall, with a vision of creating a
unique smoked barbeque. Trained in the fine art of low
and slow smoking, Jesse spent his life creating the world's best
barbeque until his retirement in 2011. Today Bergheim Texas BBQ is owned
and operated by Josh Tindall, Jesse’s son.
“By entering into a long-term co-packing agreement with Bergheim,
RTXB will be positioned to offer the same mouth-watering products
to its customers through its 1824 Texas Best Barbecue
Restaurants, its website, and through other
distribution channels to be developed by RTXB,” said
Grisaffi.
This Press Release includes forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section
21E of the Securities Act of 1934. A statement containing works such
as “anticipate,” “seek,” “intend,” “believe,” “plan,” “estimate,”
“project,” “plan,” or similar phrases may be deemed
“forward-looking statements” within the meaning of the Private
Securities Litigation Reform Act of 1995. Some or all of the events or
results anticipated by these forward-looking statements may not
occur. Factors that
cause or contribute to such differences include the future U.S. and
global economies, the impact of competition, and the Company’s
reliance on existing regulations.
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