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Microcap & Penny Stocks : ROTI - Harvest Restaurant Group Inc -- Ignore unavailable to you. Want to Upgrade?


To: T. Peirce Baker who wrote (1666)12/8/1999 10:34:00 AM
From: Major Tom  Read Replies (1) | Respond to of 1702
 
Monday December 6, 4:26 pm Eastern Time
Company Press Release
Tanner's Restaurant Group Inc. Announces Termination of Agreement to Acquire Crabby Bob's Seafood Grill
NORCROSS, Ga.--(BUSINESS WIRE)--Dec. 6, 1999--Tanner's Restaurant Group Inc. (''Tanner's'') (OTCBB:ROTI - news) today announced that it has terminated its agreement to purchase the Crabby Bob's restaurant concept.

Tanner's will continue to own and operate the Crabby Bob's in Woodstock, Ga., as a franchised restaurant. The Tanner's franchisee in Macon, Ga., will complete the conversion of its restaurant into a Crabby Bob's and will become a franchisee of Crabby Bob's.

Tanner's still owns and operates eight Rick Tanner's Original Grill restaurants and has one franchised Tanner's restaurant in the greater Atlanta metro area.

This news release contains forward-looking statements within the meaning of Section 27-A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the company believes the expectations reflected in the forward-looking statements are based on reasonable assumptions, the company's actual results could differ materially from those set forth in the forward-looking statements.

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