Press Release (ePRNews.com) - LOS ANGELES, Calif. - May 24, 2017 - On the heels of its first successful Reg CF offering, the world’s first successfully completed crowdfunded financing for a food truck, The Original Grilled Cheese Truck (“OGCT” or the “Company”), a gourmet chef-driven food truck and restaurant brand expanding to the national marketplace, today is pleased to announce that its second Regulation CF (“Reg CF”) Title III equity crowdfund offering has launched on FlashFunders.com, a FINRA-registered funding portal, and is now open to ALL investors, both domestic and international, accredited and unaccredited. Investors now have another chance to own an early pre-IPO stake in the Original Grilled Cheese Truck and help bring the brand’s delicious cheesy goodness to millions of adoring grilled cheese and comfort food audiences and U.S. military veteran foodie entrepreneurs, worldwide.
Following this capital raise, management plans to file an offering statement for a Regulation A financing which, if successful, will result in a public market for the company securities. To view the details of the offering and invest, please visit: https://www.flashfunders.com/cheese
“After impressive investor turnout and success found with our first pre-IPO equity crowdfund offering, it was only natural that we embark on a second to provide the more of the capital required to effectively execute on our expansion plans for the brand — which directly benefits our investors, customers, fans, partners, and future franchisees.”
Recent changes in the federal securities laws permit privately-held small businesses and startups, like the Original Grilled Cheese Truck, to engage in crowdfunded equity financings through Regulation CF of up to $1.07 million annually; and also allow both domestic and international investors, regardless of income level or wealth, the ability to invest in crowdfunded equity financings.
“After the impressive investor turnout and success found with our first pre-IPO equity crowdfund offering, it was only natural that we embark on a second to provide more of the capital required to effectively execute on our expansion plans for the brand — which directly benefits our investors, customers, fans, partners, and future franchisees,” commented Al Hodges, Chief Executive Officer and President of Big Cheese, Inc., d/b/a the Original Grilled Cheese Truck.
Funds raised through the offering will be used to take the existing ooey, gooey, award-winning Los Angeles-based food truck brand to grilled cheese fans and food entrepreneurs across the country — and eventually, across the globe. The Company’s expansion strategy overall entails the addition of more gourmet food trucks, and the rollout of micro-retail and brick-and-mortar locations, starting with its first franchised location in Maryland slated to open this summer. Also included is the launch of trendy and cost-efficient pop-ups, kiosks and food carts in highly trafficked foodie cities, as well as the promotion of the Company’s unique “Veterans First” franchise program that offers reduced start-up costs and special financing to U.S. military veterans.
Hodges added, “Safe to say, the entire management team is thrilled to offer those that invested in the first offering an opportunity to increase their stake in a pre-IPO investment, and to offer those that missed out an important second chance to invest in a growing gourmet American comfort food brand. Very cool that anyone, regardless of income level or wealth, can be an investor in the Original Grilled Cheese Truck with as little as a $100.”
David Danhi, Chief Creative Officer as well as founder and culinary force behind the Original Grilled Cheese Truck, added, “As a huge token of the Company’s appreciation for investing, we’ve lined up some serious benefits, including discounts of up to 100% off the Original Grilled Cheese Truck franchise fee, a perk valued at $35,000!”
The Original Grilled Cheese Truck’s second Reg CF Title III offering, subject to investment limits imposed by the SEC, is open to ALL investors, both domestic and international, accredited and unaccredited on FlashFunders.com. To learn more about the Original Grilled Cheese Truck brand, franchise program, and to take part in our equity crowdfunding offering on FlashFunders.com, please visit: https://www.flashfunders.com/cheese.
Big Cheese, Inc. and the Original Grilled Cheese Truck Brand
The Original Grilled Cheese Truck is a nationally recognized American food brand and an entrepreneurial “emerging growth” company with a business strategy that includes the Original Grilled Cheese Truck offerings in gourmet food trucks, small footprint retail, kiosks, food carts, stadiums, military bases, universities, casinos and related venues, festivals, motorsports, action sports, team sports, large outdoor events/concerts, large churches and schools. The Company also seeks to operate both company-owned and franchised Original Grilled Cheese Truck operations with an emphasis on franchised opportunities to Veterans as part of its growth strategy.
The Original Grilled Cheese Truck has been widely covered throughout the nation, including features on the “Rachel Ray Show,” “The Price is Right,” ABC Channel 7 (Top Food Truck in Los Angeles), NBC News, FoxNews.com, USA Today, Los Angeles Times (Best Food Truck in LA and Southern California), The Cooking Channel, Food &Wine (Best grilled cheese in the U.S.), The Travel Channel, Klout.com (Top 10 Most Influential Food Trucks – 2011), BBC Travel, MSN.com (The Best Food On Wheels), and Zagat Guide.
For more information about the Original Grilled Cheese Truck, visit our website, like us on Facebook, follow us on Instagram and tweet us at @grlledcheesetruk.
Statements in this press release and of the management or representatives of Big Cheese, Inc. in connection therewith that relate to beliefs, plans, objectives, goals, expectations, anticipations, intentions and future financial condition, results of operations or business performance constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on management’s current expectations about future events. These statements can be identified by the fact that they do not relate strictly to historical or current facts, and by words such as “may,” “could,” “should,” “would,” “believe,” “expect,” “project,” “anticipate,” “estimate,” “intend,” “plan” or other similar words or expressions, and include statements regarding the our ability to commence a significant level of operations and develop the Grilled Cheese Truck brand into a nationally recognized brand, our ability to develop a successful and profitable business model that includes both company-owned and franchise grilled cheese truck operations, our ability to raise additional capital in other securities offerings, our ability to execute our proposed national rollout through multiple sales channels, our ability to rollout gourmet food trucks, small-footprint retail, pop-ups, kiosks and food carts. Any or all of the forward-looking statements in this press release may turn out to be inaccurate or wrong. This can occur as a result of inaccurate assumptions or as a consequence of significant known or unknown risks and uncertainties, including the risks disclosed in the Form C that the Company filed with the SEC and which is available through the FlashFunders.com funding portal and other risks including risks related to the Company’s ability to raise necessary capital to fund its growth, operate its business successfully given the lack of track record and early stage of operations, manage growth effectively, comply with regulations applicable to its business, compete successfully given the high level of competition, and retain and engage talented employees and key personnel necessary to execute the company’s business plan. Because of these risks and uncertainties, the Company’s actual results may differ materially from those that might be anticipated from its forward-looking statements. Therefore, you are cautioned not to place undue reliance on such forward-looking statements. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. All trademarks and logos referenced herein belong to their respective companies.
Contact: Source :
Big Cheese, Inc. d/b/a the Original Grilled Cheese Truck
Al Hodges, Chief Executive Officer and President
The Original Grilled Cheese Truck