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ROCKELLE CORP (U-RKLC) - News Release Rockelle Announces Opening First Stewart's Franchise in Wal-Mart
2006-07-11 09:16 ET - News Release
MILLER PLACE, N.Y., July 11, 2006 (PRIMEZONE) -- Rockelle Corporation, Inc. (OTCBB:RKLC), a developer, owner, operator and franchiser of unique quick service restaurants and food concepts, is delighted to announce the grand opening of their first Stewart's Original Root Beer Restaurant franchise in the Shrewsbury, PA Wal-Mart Super Store.
In March of this year, Rockelle Corporation announced plans to open multiple Stewart's Original Root Beer Restaurant franchises within select Wal-Mart locations. Further announcements in March and April named specific Wal-Mart stores that Rockelle had secured, in Florida, Pennsylvania and Maryland.
This announcement marks Rockelle's first Stewart's franchise "grand opening", in the Wal-Mart Super Store in Shrewsbury, PA. Rockelle anticipates announcing several other Stewart's franchise "grand openings" in the coming weeks.
Mr. Gerard A. Stephan, President & CEO of Rockelle Corp. stated, "I am delighted to be making this announcement that our first Stewart's franchise has opened its doors. We were able to complete this project a few weeks ahead of schedule and more importantly, slightly below budget. We believe that this Stewart's will be the first of many revenue-generating franchises we will be announcing over the next several weeks. We anticipate this and our other soon to be opened sites will be the catalyst for solid revenue and profit growth in 2007 and years beyond."
Rockelle expects to open more Stewart's franchises in selected sites in Maryland, Florida and other states not yet announced, over the next few months. This announcement, coupled with Rockelle's May 22nd press release aligning itself with Kahala Corporation (www.kahalacorp.com), an international food franchiser whose 2004 revenue exceeded $450 million, lays a strong foundation for both short-term and long-term growth.
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hmmmm, so THAT'S what's going in at the Walmart near me. About a month ago, they tore out the old snack bar. I bet this is what is going to replace it. I am in PA as well.
Jo
-------------------- "Great Day for Up!"....Dr. Seuss
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hmmm, not much of a sell off after the bid was raised. spread is only .001. nobody's selling! could be a signal to a good afternoon!!!
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I'm out boys at .17. Hell with it I can't leave almost 70% laying on the table. Good luck all. I will watch for pullback because I think this has legs. Thanks ponce.
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I'm still holding. Next resistance is .20. Possible with all the volume alerts and PPS increase we could get some afternoon volume. With proper volume .40 is not out of the question. Let's see what happens.
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RKLC has a good chance of 2-day run. It will be profitable in one year. They completed a restaurant in 6 weeks after the inital talk -- this company deserves your attention.
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quote:Originally posted by wallymac: I'm still holding. Next resistance is .20. Possible with all the volume alerts and PPS increase we could get some afternoon volume. With proper volume .40 is not out of the question. Let's see what happens.
GLTA Wally
I'm holding also. we've been waiting for this one to move for a while now Wally. It's about time.
-------------------- The difference between genius and stupidity is that genius has its limits
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quote:Originally posted by wallymac: I'm still holding. Next resistance is .20. Possible with all the volume alerts and PPS increase we could get some afternoon volume. With proper volume .40 is not out of the question. Let's see what happens.
GLTA Wally
I'm holding also. we've been waiting for this one to move for a while now Wally. It's about time.
I've been accumilating since May. I haven't sold one share yet. I expect this to get back to where it was earlier this year. Yes, Juice we have been patiently waiting on this.
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