Published:
PetroNational Announces Name Change and New Business Direction
The Custom Restaurant & Hospitality Group, Inc.
(OTCBB: CRHS) ("Custom" or the "Company"), formerly PetroNational Corp.
(OTCBB: PTNL), announced today that, effective immediately, the company
shall in future operate under the name THE CUSTOM RESTAURANT & HOSPITALITY
GROUP, INC. as it more accurately reflects the Company's new direction into
the retail restaurant segment and correlated industries with a specific
focus on growth strategies within the sector. The Company will trade on the
NASD's Over-the-Counter Bulletin Board ("OTCBB") under the symbol CRHS.
Details regarding the name change have been submitted to the Securities and
Exchange Commission ("SEC") as part of the Company's Form 8-K filing dated
November 20, 2008.
Forward-Looking Statements
Except for statements of historical fact, this news release contains
certain "forward-looking statements" as defined by the Private Securities
Litigation Reform Act of 1995, including, without limitation, expectations,
beliefs, plans and objectives regarding development and exploration
activities. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors, which may cause the actual results,
performance or achievements of The Custom Restaurant & Hospitality Group,
Inc. to be materially different from any future results, performance or
achievements expressed or implied by such forward-looking statements. Such
factors include general economic and business conditions, the ability to
acquire and develop specific projects, the ability to fund operations and
changes in consumer and business consumption habits and other factors over
which The Custom Restaurant & Hospitality Group, Inc., or any affiliates,
has little or no control.
Risks, uncertainties and other factors are discussed in documents filed
from time to time by The Custom Restaurant & Hospitality Group, Inc. with
the Securities Exchange Commission. There is no assurance that The Custom
Restaurant & Hospitality Group's expectations will be realized, and actual
results may differ materially from those expressed in the forward-looking
statements.
On Behalf of the Board
The Custom Restaurant & Hospitality Group, Inc.
- - - - - - - - - - - - -
G. Leigh Lyons, President
Copyright © 2009, MarketWire
Copyright © 2009, NewsBlaze,
Daily NewsTags: ,FinancialServices:VentureCapital, RealEstate and Construction:CommercialRealEstate, TravelandHospitality:Restaurants, TravelandHospitality:Tourism, TravelandHospitality:Hotels, ,OTCBULLB,OTCBULLB,OTCBULLB,WA,BLAINE, WA
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