SOURCE: Gray Fox Petroleum Corp

March 21, 2016 15:09 ET

Grey Fox Holdings Corp Announces Graffiti Junktion Daytona Beach Opening a Success

ORLANDO, FL --(Marketwired - March 21, 2016) - Grey Fox Holdings Corp. (OTCQB: GFOX) announces that the Graffiti Junktion Daytona Beach location had a successful opening. It was consistently busy throughout the Bike Week event, and staff received a lot of positive feedback from those who visited. Graffiti Junktion Daytona is now fully staffed and operational. The management is now in place extremely experienced and well trained. All of the key components needed to ensure this location is a success. Bike Week event was a great way to ensure that this location had the best opening of any Graffiti Junktion locations, companywide. Daniel Sobolewski stated, "We were able to open the doors in just 28 days of executing the lease. This was extremely important due to the impact Bike Week would have on our opening days. We are currently in negotiation stages with another Graffiti Junktion location that is currently operating and generating revenue. This would have no bearing on GFOX's remaining two franchise licenses, it would simply be in addition to. We still intend on opening two more Graffiti Junktion franchised locations by year end. If GFOX is able to finalizes this deal and add the location to GFOX's holdings then we could tentatively have four operational locations by years end. Graffiti Junktion's corporate executives have been extremely helpful in both providing us with the tools that we needed in order to open Daytona Beach successfully, and continue to provide us with the direction towards success."

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This news release includes forward-looking statements that reflect Grey Fox Holdings Corp, Inc.'s current expectations about its future results, performance, prospects and opportunities. Grey Fox Holding, Corp. has tried to identify these forward-looking statements by using words and phrases such as "may," "will," "expects," "anticipates," "believes," "intends," "estimates," "should," "typical," "we are confident" or similar expressions. These forward-looking statements are based on information currently available to Grey Fox Holdings, Corp. and are subject to a number of risks, uncertainties and other factors that could cause the Company's actual results, performance, prospects of opportunities in the remainder of 2013 and beyond, to differ materially from those expressed in, or implied by, these forward-looking statements.

Contact Information

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    Daniel Sobolewski