GLLC Grill Concepts Inc. featured news, full reports, and detailed charts
Grill Concepts Inc. (GLLC/GLLC.PK) Wrap Up:
Grill Concepts, Inc., together with its subsidiaries, owns, manages, and licenses upscale casual and fine dining, full service restaurants under the brand names of The Grill on the Alley and Daily Grill. The company also operates a quick casual concept, known as In Short Order ? Daily Grill. As of March 17, 2009, it operated 32 restaurants, including 7 The Grill on the Alley restaurants in Beverly Hills, Hollywood, San Jose, and Westlake Village, California; Chicago, Illinois; Dallas, Texas; and Aventura, Florida. It also operated 24 Daily Grill restaurants in California; the Washington, D.C. metropolitan region; Houston and Austin, Texas; Portland, Oregon; Seattle, Washington; Boston, Massachusetts; and Tulsa, Oklahoma, as well as operated 1 In Short Order ? Daily Grill quick casual concept in Seattle, Washington. Grill Concepts, Inc. was founded in 1984 and is based in Woodland Hills, California.Grill Concepts Inc. (GLLC:OTC)
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Market Cap
2.6M
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Total Revenue
94.4M
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EBITDA
1.2M
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DILUTED EPS TTM
-1.48
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P/E
--
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P/S
0.0x
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Return On Asset
-6.93
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Return On Equity
-86.89
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| K = Thousands M = Millions B = Billions | ||
GLLC Top Compensated Officers
Executives, Board Directors
Key developments for Grill Concepts Inc. (GLLC)
Grill Concepts, Inc. said on March 20, 2009, that it has filed a Form 25 with the Securities and Exchange Commission to voluntarily withdraw its common stock from listing on the NASDAQ Capital Market and to deregister its common stock under Section 12(b) of the Securities Exchange Act of 1934, as amended. The Company will file a Form 15 with the Securities and Exchange Commission and cease reporting as a public company.
Following a Special Meeting of Stockholders, Grill Concepts, Inc. announced the ratification of proposals to amend the company's certificate of incorporation to effect a 1-for-35 reverse stock split, followed immediately by a 35-for-1 forward stock split, as more fully detailed in its proxy statement. The company has given notice to NASDAQ of its intent to voluntarily delist its common stock and to withdraw the registration of its stock with the Securities and Exchange Commission (SEC). Grill Concepts intends to file a Form 25 Notification of removal from listing with the SEC on or about March 20, 2009. As a result, the company expects that listing of its shares on NASDAQ will be terminated on or about March 18, 2009. After its shares have been delisted from NASDAQ, the company anticipates that its shares will be quoted on the Pink Sheets Electronic OTC Markets quotation service. Grill Concepts is taking these steps to avoid the substantial and increasing cost of being an SEC reporting company and of regulatory compliance under the Sarbanes-Oxley Act of 2002, and to focus the company's resources on increasing long-term stockholder value.
Grill Concepts Inc. announced at special meeting of stockholders to be held on March 17, 2009, it will propose to amend the company's certificate of incorporation, as amended to date, to effect a 1-for-35 reverse stock split of the company's common stock, $0.00004 par value per share and also to amend the company's certificate of incorporation, as amended to date, to effect, immediately after the Reverse Stock Split, a 35-for-1 forward stock split of the company's common stock.
GLLC Competitors
| Company | Last | Change |
| Flanigans Enterprises Inc | $6.21 USD | +0.61 |
| Granite City Food & Brewery Ltd | $0.43 USD | 0.0001 |
| Mexican Restaurants Inc | $2.50 USD | +0.20 |
| Morgans Foods Inc | $2.75 USD | 0.00 |
| Star Buffet Inc | $3.45 USD | 0.00 |
| Market data is delayed at least 20 minutes. | ||
Industry Analysis
| Valuation | GLLC | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 0.0x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | NM | Not Meaningful |
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GLLC |
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GLLC transactions
| Type Date |
Target |
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Private Placement
September 24, 2009 |
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