Hall of Fame Beverages to Distribute New Product, CEO Issues Corporate Updates
April 12 2012 - 9:30AM
Marketwired
Hall of Fame Beverages, Inc. (PINKSHEETS: HFBG) has added a new
revenue-generating product to its line-up. The Company's CEO Greg
Thrasher has chosen the already-packaged and ready-to-distribute
"Top Dogg Male Enhancement" dietary supplement as a means to create
revenue to help Hall of Fame continue to develop its Grand Ma Ma
Brand. The product was presented to Hall of Fame ready to
distribute and didn't cost the company any money.
Greg Thrasher says this product will allow Hall of Fame to
depend less on shareholders. "Being the exclusive distributor of
the Top Dogg product will provide Hall of Fame some diversity and
generate an additional revenue stream that will allow the company
to continue to grow and invest in our core Brand."
Because the Grand Ma Ma Brand is the core focus of Hall of Fame
Beverages, the new product will have its own website and Facebook
page where the enhancement will be marketed online. This herbal
alternative to male enhancement is very popular and accepted
worldwide. Top Dogg will join other supplements in this
multi-billion dollar industry, and it can be purchased online, in
C-stores, in Mom and Pops and through a broker network.
Distribution for Top Dogg is already underway.
This new product and its distribution is part of the CEO's
"100-day Plan." In addition to that plan, Thrasher calls for the
expansion of the company's product line.
First, the company will be working to complete the development
of Atomic Dogg Super Soda. Atomic Dogg will no longer be in the
energy drink category; instead, it will be developed and marketed
as a carbonated drink with a kick. Completion of the beverage is
expected by the end of the summer.
Also, the company currently produces Grand Ma Ma's Sweet
Southern Tea in 20-ounce bottles and in the Bag in a Box. The CEO
says he will pursue adding the production of a 1-gallon sized jug
of tea to the product line. This will give consumers another option
when they purchase the company's product. The CEO says, "Our
initial target customer for the gallon-sized jugs of tea will be
the Mom and Pop stores, C-stores, and drug stores. Once we
establish our presence in that arena, we will look to move into the
larger store formats."
In addition, Hall of Fame will complete the development of the
new packaging for Grand Ma Ma's Sweet Southern Tea. The tea will
have a new label giving it a fresh new look that allows it to be
more visible in what is a competitive market.
The CEO wants to focus the distribution and sales of Hall of
Fame's products in New York and surrounding areas along the East
Coast, Texas and Las Vegas.
"These are areas where Larry Johnson has had a significant
presence and we want to maximize his popularity in these regions.
As distribution and sales continue to grow, we will start expanding
to other regions. While our goals are very aggressive, our
management team is focused on putting the resources behind them to
make that happen, and in the coming weeks, more placement news will
be issued."
About Hall of Fame Beverages Hall of Fame Beverages, Inc. is an
innovative beverage company trying to grow its footprint in an
industry rife with ordinary drinks. We are home to our signature
brand Grand Ma Ma's Sweet Southern Tea. The tea is complemented
nicely by our signature desserts, also branded under the Grand Ma
Ma icon, Grand Ma Ma's Gourmet Southern Desserts. Hall of Fame
Beverages is co-owned by former NBA star Larry Johnson who famously
dressed up as his basketball-playing Grand Ma Ma in Converse shoe
commercials in the 1990s.
SAFE HARBOR: Certain information included herein may contain
statements that are forward looking. Such forward-looking
information is subject to changes and variations which are not
reasonably predictable and which could significantly affect future
results.
Contact: Hall of Fame Beverages, Inc. Email Contact
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