SOURCE: Bill the Butcher

January 27, 2011 13:46 ET

Bill the Butcher Retains New York-Based Investment Banking Firm

Growth Capital to Be Deployed for New Store Openings; Regional and National Roll Out

SEATTLE, WA--(Marketwire - January 27, 2011) - Bill the Butcher, Inc. (OTCBB: BILB), a leading retailer of organic and natural, grass-fed meats, today announced that it has retained a New York-based investment banking firm. The firm is a full-service investment bank and boutique brokerage that provides middle market corporate finance, research, and valuation services. The investment bank actively manages over $2 billion in retail customer assets, has clients in all 50 states and overseas, and is a member of FINRA/SIPC. With over 200 registered representatives in 8 corporate locations, the firm is a leader in investment banking and sourcing acquisition capital through its broad institutional and retail networks. 

"Our goal is to deploy growth capital to create greater shareholder value. With our strong gross margins and new store opening costs that average $85,000, we can very quickly ramp the number of stores we operate and the amount of gross margin dollars that contribute to our bottom line. Bill the Butcher is pursuing a tremendous opportunity for growth and we are pleased that our investment bankers are supporting our efforts," stated Bill the Butcher CEO, J'Amy Owens.

About Bill the Butcher, Inc.

Seattle-based Bill the Butcher, Inc. sells organic, grass fed and natural meats through corporate-owned neighborhood butcher shops. The Company works directly with local ranchers and farmers, who follow sustainable and organic practices, to deliver the highest quality meat that is healthiest for consumers while being good for the environment. Founded in 2009, Bill the Butcher is publicly traded under the symbol (OTCBB: BILB). Learn more at http://www.billthebutcher.com.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933, including, but not limited to, statements related to our expansion plans and anticipated growth. Forward-looking statements reflect management's current expectations, as of the date of this press release, and involve certain risks and uncertainties. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of various factors, including our ability to raise additional capital to fund our business and continue as a going concern and to successfully implement our growth plan; our dependence on the financial performance of stores located in one geographic area; our ability to differentiate ourselves and compete effectively against meat purveyors with greater resources and established customer bases; and uncertainties related to expansion into new geographic markets. These and other factors that could cause future results to materially differ from our recent results or those projected in our forward-looking statements are described under the caption "Risk Factors" and elsewhere in our Annual Report on Form 10-K/A and in our other periodic reports filed with the Securities and Exchange Commission. You should not rely unduly on these forward-looking statements, which apply only as of the date of this release. We undertake no duty to publicly announce or report revisions to these statements as new information becomes available that may change our expectations.

Contact Information

  • Contact:

    Bill the Butcher, Inc.
    Media Contact:
    Alan Brown
    480-231-9929

    Investor Contact:
    Laurel Moody
    1-646-810-0608