SOURCE: Eat at Joe's, Ltd.

January 21, 2015 09:30 ET

Eat at Joe's, Ltd. Appoints James R. Thompson, Esq. as Its New President, CEO and General Counsel

SCARSDALE, NY--(Marketwired - January 21, 2015) - Eat at Joe's, Ltd. (OTCQB: JOES), a developer, owner, and operator of theme food service establishments, currently operating one location at the Philadelphia Airport, today announced that James R. Thompson, Esq., has been appointed as the Company's new President, Chief Executive Officer (CEO) and General Counsel, effective February 1, 2015.

With the announcement of Mr. Thompson assuming the position as the Company's President and CEO, Mr. Joseph Fiore, Eat at Joe's current President and CEO, will resign effective February 1, 2015.  Mr. Fiore will maintain his position as Chairman of the Board and all other current board members shall remain unchanged.

"As a shareholder and Chairman of the Board, I am thrilled and honored to have Jim Thompson, Esq., as my successor at Eat at Joe's.  Mr. Thompson, a well-respected attorney and savvy businessman, has an unimpeachable reputation and the proper vision to guide this company through the exploration and development of a new corporate strategy," stated Joseph Fiore, Chairman of the Board of Eat at Joe's, Ltd.

About James Thompson, Esq.

Rated "AV Preeminent," the highest rating available for ethical standards and legal ability, by Martindale-Hubbell® Peer Review Ratings™, Jim has more than 28 years of experience in business, construction and real estate transactions, and complex commercial litigation.  Jim is licensed to practice law in the states of Colorado, New Jersey and Pennsylvania. 

His clients in transactional and litigation cases have ranged from publicly traded corporations to small businesses and individuals.  In addition to his trial experience, Jim regularly counseled clients on a variety of legal issues in the real estate, insurance, corporate and distributorship/franchise areas.  This counseling often involved the preparation of various types of agreements necessary for the business operation, including shareholder, operating, leases, purchase/sale, employment, non-disclosure, sale and manufacturing, and distribution and licensing.

Born and raised in the Philadelphia metropolitan area, Jim earned his BSBA at the University of Denver and his JD at Rutgers-Camden, The State University of New Jersey.  He currently resides in Colorado and will establish the Company's new corporate offices there.

About Eat at Joe's, Ltd.

Eat at Joe's develops, owns, and operates theme restaurants and food service establishments called "Eat at Joe's®."  The theme for the restaurants is an "American Diner" atmosphere where families can eat wholesome, home-cooked food in a safe, friendly atmosphere.  The company presently owns and operates one establishment located in Philadelphia, Pennsylvania.  Management may seek to make acquisitions of established businesses, or, if a desirable location becomes available, the company may elect to expand the concept.

Safe Harbor Statement

This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at http://www.sec.gov.

Contact Information

  • Investor Relations Contact
    Marlin Molinaro
    Marmel Communications, LLC
    Phone: (702) 434-8692
    Email:  mmolinarofc@aol.com