Southern Concepts Restaurant Group Inc (OTCMKTS:RIBS) Director Robert L. Cohen bought 1,300,000 shares of the stock in a transaction on Thursday, September 22nd. The shares were acquired at an average cost of $0.04 per share, with a total value of $52,000.00. Following the acquisition, the director now directly owns 1,800,000 shares in the company, valued at approximately $72,000. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Southern Concepts Restaurant Group Inc (OTCMKTS:RIBS) opened at 0.04 on Wednesday. Southern Concepts Restaurant Group Inc has a 12 month low of $0.01 and a 12 month high of $0.31. The company’s market capitalization is $2.88 million. The stock’s 50 day moving average is $0.06 and its 200-day moving average is $0.11.
Southern Concepts Restaurant Group Company Profile
Southern Concepts Restaurant Group, Inc, formerly Bourbon Brothers Holding Corporation, operates and manages restaurants through its subsidiaries. The Company is exploring options for growth of its two brands: Southern Hospitality and Carve Barbecue. The Company’s business is to own and operate southern-food themed restaurants in several cities in the United States.
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