Business
Tiger Reef Announces New Casual Dining Restaurant Concept
Tiger Reef Announces New Casual Dining Restaurant Concept.
About this update from Tiger Reef Inc
[{"type":"text","content":"\n \n \n Tiger Reef Announces New Casual Dining Restaurant Concept\n \n \nTiger Reef Announces New Casual Dining Restaurant Concept\n\nNew Concept Aims to Become On-Site Amenity for Major Caribbean Resort Properties\n\n \n MIAMI, FL--(Marketwired - Feb 28, 2017) - Tiger Reef, Inc. (OTCQB: TGRR), a diversified producer of ultra premium rums under the Tiger Reef® brand and a developer of casual dining restaurant properties in the Caribbean, announces that it has developed a new upscale casual dining restaurant concept that it has branded as Mermaid Reef Ocean Grill & Bar (Mermaid Reef). \n The Mermaid Reef concept is an intimate restaurant of between 60 to 80 seats, with both indoor and outdoor seating, featuring a variety of proteins, both from the ocean and the land, seasonal crispy vegetables, and an array of rich, delectable sauces to please even the most discriminating palette. Each restaurant will be built on-site at an existing major Caribbean resort chain and, even though it will be operated as a resort amenity, each restaurant will also be actively marketed to non-resort guests and local residents.\n Tiger Reef is currently in advanced negotiations to construct the initial Mermaid Reef in a major Caribbean resort located on the island of St. Maarten, Dutch West Indies. This particular resort operator has several additional resort properties located throughout the Caribbean where the Mermaid Reef concept could be expanded to in the future. Tiger Reef anticipates completing negotiations and executing a definitive lease agreement within the next 60 days at which time it will disclose the name and exact location of the resort property.\n Upon successfully demonstrating proof of concept with this initial St. Maarten location, Tiger Reef intends to open one new Mermaid Reef restaurant on-site at a major Caribbean resort property each year moving forward.\n About Tiger Reef\n Tiger Reef, Inc. is a diversified producer of ultra premium rums under the Tiger Reef® brand and a developer of casual dining restaurant properties in the Caribbean. For more information, visit www.tigerreefinc.com.\n Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements w...