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VIDEO: Meritage Hospitality Group CEO, Bob Schermer, Jr., Featured in OTCQX Video Series

OTCM, MHGU, MHGUP

PR Newswire

NEW YORK, Dec. 12, 2017 /PRNewswire/ -- Meritage Hospitality Group (OTCQX: MHGU; MHGUP) CEO, Bob Schermer, joined OTC Markets Group (OTCQX: OTCM) to discuss why Meritage chose to become a founding member of the OTCQX Best Market, 10 years ago. This update is part of the prominent OTCQX® Video Series which features one-on-one interviews with senior executives of OTCQX companies as they showcase their businesses and investment profiles.

In this video, Bob Schermer discusses:

  • How trading on the OTCQX Best Market over the past 10 years has provided Meritage with $15 million in savings; this savings has then been reinvested into its business and contributed to the building of approximately 30 restaurants
  • Usage of mobile and how mobile pay, ordering and the digital platform is revolutionizing the customer experience at the company's 244 Wendy restaurants
  • The impressive compounded growth rate achieved by the company in the past 5 years and its goal of establishing 400 restaurants by 2021

To watch the complete interview, visit OTC Markets Group's YouTube page at https://youtu.be/_U-g22iouPA

About Meritage Hospitality Group
Meritage Hospitality Group is engaged in the development and operations of restaurants in the United States. The Company's restaurant operations are in the Quick Service and Casual Dining restaurant sectors and include 244 Wendy's restaurants and six proprietary chef-casual dining restaurants under the names The Wheelhouse, Twisted Rooster, Crooked Goose and Freighters Eatery & Taproom. The Company's development activities include the acquisition, financing, planning and permitting of land, building and equipment for restaurant operations. Meritage is headquartered in Grand Rapids, Michigan, operating with approximately 7,600 employees.

About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the OTCQX® Best Market, the OTCQB® Venture Market, and the Pink® Open Market for 10,000 U.S. and global securities.  Through OTC Link® ATS, we connect a diverse network of broker-dealers that provide liquidity and execution services.  We enable investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors.

To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com

OTC Link ATS is operated by OTC Link LLC, member FINRA/SIPC and SEC regulated ATS.

Subscribe to the OTC Markets RSS Feed

The information contained in this press release and in the video to which it refers is provided "as is" for educational and informational purposes only, and should not serve as the basis for any trading or investing decisions. OTC Markets Group makes no representations and disclaims all express, implied and statutory warranties of any kind to any viewer or third party.  Neither OTC Markets Group nor any of its affiliates makes any endorsement of any particular company, security, product or financial strategy, and nothing contained in this video should be construed as investment advice.  Investors should undertake their own diligence and carefully evaluate companies before investing.   

Media Contact:

OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

Cision View original content:http://www.prnewswire.com/news-releases/video-meritage-hospitality-group-ceo-bob-schermer-jr-featured-in-otcqx-video-series-300569858.html

SOURCE OTC Markets Group Inc.



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