GFOX Moves To Dominate The Hamburger Restaurant Sector
Good Afternoon!
Gray Fox Holding Corp. (OTCPINK: GFOX)
GFOX recently acquired an interest in two (2) Graffiti Junktion restaurant locations and already investors are rushing to take advantage of the company’s budding upside potential.
If you are unfamiliar with Graffiti Junktion, it’s one of the hottest burger joints in America presently. Last year it was voted Best Burger and there are currently 13 locations open across the US.
GFOX has made it clear that it intends to several franchises under the Graffiti Junktion and is in talks with the company’s founder to make that happen.
Once this rollout is complete, GFOX could become Wall Street’s biggest restaurant industry target. This is because there is a lot to play for in the restaurant market. Annual sales for the industry is a whopping $709 billion and around $1.9 billion worth of foods are served across the United States daily.
GFOX has already started to reap the interest of investors, rallying 57% in its last session.
Interestingly, volatility levels weren’t that spectacular so one can just imagine what volatility might reach once the word about GFOX’s plans take hold.
Check out the chart…
GFOX is trading with a 44 RSI on the daily chart which means traders can benefit from its bounce potential right now.
GFOX is trading below the 50 DMA, presenting short term upside of up to 81%.
GFOX rallied big in the last session, closing up 57% on relatively light volume. Bigger rumblings could deliver potentially bigger gains.
Here’s a link to the chart: http://stockcharts.com/h-sc/ui?s=GFOX
(Please conduct your own due diligence on GFOX. The highlights above represent my humble and unprofessional opinion on its gain potential)
About
GFOX (Gray Fox Petroleum Corp.) has ownership in two Graffiti Junktion Restaurants in central Florida.
GFOX is focused on building out this brand and expanding the reach of Graffiti Junktion locations over the next 12-18 months through its own franchises.
GFOX is based in Longwood, Florida.
US Restaurant Industry Has Impressive Numbers
The US continues to lead the world as the biggest restaurant market. Here are a few stats which highlight the nation’s dominance:
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$709.2 billion: Restaurant industry sales.
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3.8%: Restaurant industry sales increase in nominal terms.
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1.5%: Restaurant industry sales increase in real (inflation-adjusted) terms.
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1 million: Restaurant locations in the United States.
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4%: Restaurant industry sales share of the U.S. gross domestic product.
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$1.9 billion: Restaurant industry sales on a typical day.
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14 million: Restaurant industry employees.
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1.7 million: New restaurant jobs created by the year 2025.
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10%: Restaurant workforce as part of the overall U.S. workforce.
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47%: Restaurant industry share of the food dollar.
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Nine in 10: Restaurant managers who started at entry level.
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Eight in 10: Restaurant owners who started their industry careers in entry-level positions.
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Nine in 10: Restaurants with fewer than 50 employees.
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Seven in 10: Restaurants that are single-unit operations.
Video insight into the industry:
https://www.youtube.com/watch?v=WJd0dZFl8ao
Big News Development
GFOX Issues Shareholder Update
GFOX announced recently that it has undergone a name change with the state of Nevada, and is currently in the process of filing with FINRA. Once the process is complete the company will be operating as Grey Fox Holdings Corporation. The Company does not expect to undergo a symbol change.
Daniel Sobolewski, the CEO and Chairman, would like to inform shareholders that the company is not only current on its filings but has filed an 8A-(12g) in order for the company to be a mandatory filer. This allows the company to be a fully reporting company under SEC guidelines. Furthermore, in the very near future the Company intends to re-obtain its OTCQB/BB status.
Grey Fox Holdings continues to work directly with Graffiti Junktion's Founder and CEO, Greg Peters, on expanding the "Graffiti Junktion Restaurant" brand and locations. The Company intends to execute the Franchise Agreement for its first franchise in the upcoming weeks.
Grey Fox Holdings has also retained Operating Partner, Sandi Bargrede, with Acre Florida Real Estate, LLC. to obtain its first "Franchised Location" of Graffiti Junktion. The Company is currently in negotiation stages with two different possible locations in the Daytona Beach area. The Company intends to open four (4) Graffiti Junktion franchise locations within the next eighteen (18) months. In order to do so, Grey Fox Holdings will be seeking to raise additional capital.
GFOX is cooking right now so make your move ASAP.
