Amergent Hospitality Group: Amergent Hospitality Provides Year End 2020 Corporate Update
CHARLOTTE, NC / ACCESSWIRE / April 16, 2021 / Amergent Hospitality Group (OTCQB:AMHG) (the Company or Amergent ), owner, operator and franchisor of multiple nationally-recognized restaurant brands, today provided the following corporate update covering its year end 2020 performance
Amergent Hospitality Group s Chairman and CEO, Mike Pruitt, stated, Upon the spin-out completed in April of 2020, Amergent became an independent company trading under the symbol AMHG on the OTCQB. As a result of the spin-out Amergent reduced its senior secured debt by 33% and restructured and extended the maturities of its remaining secured obligations which is now held by a value added strategic partner.
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Amergent Hospitality Group Names Steve Hoelscher Chief Financial Officer
CHARLOTTE, NC / ACCESSWIRE / January 19, 2021 / Amergent Hospitality Group (OTCQB:AMHG) (the Company or Amergent ), owner, operator, and franchisor of multiple nationally-recognized restaurant brands, today announced that Steve Hoelscher has been named Chief Financial Officer.
Mr. Hoelscher is a Certified Public Accountant and has 40 years of accounting and auditing experience. Prior to joining the Company, Mr. Hoelscher was and continues to be the CFO for Mastodon Ventures, Inc., a strategic restaurant advisory firm in Austin, Texas since June 2000. Mr. Hoelscher has considerable restaurant experience having overseen investments in a number of companies owning a variety of restaurant assets including over 100 KFC restaurants, and various other fast casual, casual, fine dining, franchisee and franchisor concepts.