Nixon Restaurant Group Inc. or NRG, which wholly owns and operates fast-casual dining concepts Illegal Burger and El Señor Sol, said it has completed a reverse acquisition with West Coast Ventures Group Corp. The combined company trades on the OTC Markets under the symbol "WCVC".
James Nixon, NRG's Chief Executive Officer said, "Becoming a public company is going to help propel us into a national brand, and this reverse takeover places us in an even stronger position to branch out into new markets."
With more than 30 years' experience in the restaurant business, Nixon currently owns four Illegal Burger locations and one El Señor Sol full-service Mexican eatery, all in the Denver-metro area. Illegal Burger is a fast-casual Burger + Bar dining concept.
After this reverse acquisition, the combined company plans to raise enough equity to open new locations outside of Denver and intends to begin the process of becoming a franchisor of Illegal Burger restaurants in the near future.
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