Under the reorganization plan, Roadhouse Grill shareholders of record on Sept. 30 will get an extra .15 shares of Roadhouse Grill common stock for each share they hold. These shares, combined with the currently outstanding shares of common stock, will total 11.16 million shares, or 38.21% of the common stock in the reorganized company.

A total of 13.88 million new shares will be issued to new investors for a $5 million investment in the reorganized company. In addition, 4.16 million shares will be issued to a creditor for retiring $1.5 million in pre-petition debt.

After the reorganization, the company will have 29.22 million shares issued and outstanding. Stock certificates for the extra shares will be sent to the holders of record at 5 p.m. Sept. 30.

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