News

Denver burger concept going public

October 16, 2017

Nixon Restaurant Group Inc., which owns and operates Illegal Burger and El Señor Sol, has completed a reverse acquisition with West Coast Ventures Group Corporation. The combined company trades on the OTC Markets under the symbol WCVC.

"We couldn't be more excited to move to the next step of the process with West Coast Ventures Group," James Nixon, NRG's CEO, said in a company press release. "Becoming a public company is going to help propel us into a national brand, and this reverse takeover places us in an even stronger position to branch out into new markets."

NRG — which owns four Illegal Burgers, a fast casual concept with a bar, and one El Señor Sol, a full-service Mexican eatery — believes that Illegal Burger is in line to expand into the national marketplace as a leader in the fast casual dining sector.

After this reverse acquisition, the combined company plans to raise enough equity to open new locations outside of Denver and intends to begin the process of becoming a franchisor of Illegal Burger restaurants in the near future, according to the release.