Hall of Fame Beverages Consummates "a.n.d." Deal With the V Group
March 10 2010 - 9:25AM
Marketwired
Hall of Fame Beverage Inc. (PINKSHEETS: HFBG) is very pleased to
announce that the Company has acquired a stake in the V Group,
makers of a.n.d. (Antioxidant Nutritional Drinks). Negotiations
were brief and fruitful as both parties recognized to synergies
between the two entities. As part of the agreement, HFBG will be
allowed to appoint a member to the Board of Directors of the V
Group as well as an equity stake in the Company. In return, the V
Group will receive monetary compensation to assist in the
production of a.n.d.
The V group is made up of beverage professional as well as a
select group of powerful distributors. These distributors include
some of the most powerful distributors in the Northeast as well as
the Southwest.
"This is a significant cue for Hall of Fame," states Larry
Twombly. "We expect a.n.d. to develop into a massive brand with
virtually unlimited growth potential. We are excited to be part of
the group. Not only will HFBG benefit from the success of a.n.d.,
but HFBG's existing brands and future brands should also benefit
from the alliance with the V Group's distribution. We insisted on
having a HFBG person as part of the V Group's Board ensuring
transparency between the V Group and Hall of Fame Beverage."
V group is expecting to have products on the shelves by early
May in the Northeast and June on the West Coast. Testing has
already been completed in the Northeast in 2009 and the response
was overwhelming.
About the V Group
The V Group is an alliance of 5 powerful beverage distributors.
These distributors were instrumental in the success of some of the
most recognizable brands on the market today. Once a brand became
successful, it inevitably was sold to one of the major soda
manufacturers and pulled from their distribution. To combat this
they united to create a brand that they would own a stake in and
control future distribution. a.n.d. is the product of their
collaboration.
About Hall Of Fame Beverages Inc.
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CONTACT Hall of Fame Beverages Inc.
http://www.halloffamebeverages.com/ Investor Relations Email
Contact Roy Sahachaisere 714-847-2460 x 801
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