Hall of Fame Beverages Announces Product Placement & Corporate Direction
May 16 2012 - 9:30AM
Marketwired
Hall of Fame Beverages, Inc. (PINKSHEETS: HFBG) has placed more of
its products, Grand Ma Ma's Sweet Southern Tea & Top Dogg Male
Enhancement, in the Northeast and around Southern California.
The Company's Tea product was placed in 36 new locations around
the Northeast US; including, Hartford, Fairfield and Manchester,
Connecticut, Jersey City and Freehold, New Jersey, and in Astoria,
Maspeth, Brentwood, Long Island City, Jackson Heights, and Ozone
Park, New York. There were also a number of reorders for stores in
Baltimore, Maryland, and throughout New York State and New York
City.
Top Dogg Male Enhancement has been placed in 65 new locations
around Southern California; including, a number of select 7-Eleven
locations, Mobil, 76, AM/PM, Chevron and Shell Gas Stations, and in
a number of liquor stores and local mom and pop markets.
The reaction to Top Dogg, both online and in stores, has been
fantastic, and the Company is continuing to get lots of requests to
carry the product. Hall of Fame continues to work aggressively to
place and market Top Dogg in many different types of stores.
Executives have contracted to mail out more than 1-million
advertisements to draw customers to shop for Top Dogg online.
The Company is strongly focusing on the male enhancement because
of the revenues it can generate versus Hall of Fame's beverages. A
bottle of Top Dogg is selling for $19.95/bottle online, a single
capsule packet sells for $5.95 online and in stores, the single
capsule packet sells for $5.99-$7.99.
Company management has sold, marketed, produced and packaged Top
Dogg Male Enhancement and laid the groundwork for the success Hall
of Fame is now seeing with the placement of the product. It is this
same infrastructure and planning that will now be applied to the
Company's beverages.
The Executives at Hall of Fame have taken a long look into every
aspect of the Company over the last two months, and they have
decided to make some key changes in the business model to bring
shareholder's more value sooner.
The Company will spend the rest of 2012 building an
infrastructure for the success of the beverages. Instead of
producing and trying to place beverages during or after "beverage
season," Hall of Fame will aggressively sell and market the
Company's beverages for the remainder of 2012, and it will be ready
to compete during the 2013 "beverage season."
This is the approach Hall of Fame should have taken from day one
with its beverages. Sales, production, distribution and marketing
will be thoroughly planned and each produced bottle will have a
home prior to production. After building the infrastructure and
generating production and distribution revenues for the beverages
from other products, Hall of Fame will approach beverage season
2013 from a position of strength for the first time in company
history.
The remainder of the produced Grand Ma Ma's Sweet Southern Tea
will be distributed throughout the Northeast with our master
distributor in that region.
In addition to laying the infrastructure for beverage season
2013, next week the Company will be announcing an aggressive new
plan to market Larry Johnson and his link to the Sweet Tea now that
he's back working in the NBA. Also, Alex Johnson, the Company's
Chief Financial Officer will be announcing some new aggressive
funding plans that the Company will take advantage of to further
its beverage products.
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.
Hall of Fame Beverages, Inc Email Contact
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