Hall of Fame Beverages, Inc (HFBG)

[SRV-90]

HFBG Press Release Retraction

http://www.otcmarkets.com/stock/HFBG/news?id=27260&b=y



FOR IMMEDIATE RELEASE

9 A.M. EDT, February 25, 2011

HALL OF FAME BEVERAGES Issues a Press Release Retraction regarding grandmama’s tea

LOS ANGELES, CA, February 25, 2011: (Pinksheets:HFBG - News) Hall of Fame Beverages issues now a retraction statement of a press release dated December 9, 2010, entitled, “Hall of Fame Beverages Adds Canada Dry Bottling as Distributor.”

The following statement that is being retracted, issued by former Chief Executive Officer, Steve Hendricks, is as follows,” Canada Dry Bottling located in Olyphant, Pennsylvania, has signed a deal to start distributing both the sweet and sugar free tea to the locations it services in the Keystone state.” The following statement that is also being retracted, “Foodtown has already ordered the tea for its locations, and after the holidays, Canada Dry Bottling will be delivering the product in Pennsylvania.” Hall of Fame Beverages did not add Canada Dry Bottling to distribute Grandmama's Sweet Southern Tea in Pennsylvania, or in Foodtown Stores. FoodTown did not order the tea for its locations.

The Hall of Fame Beverages team is currently in negotiations with several vendors who will deliver the tea to the northeastern corridor of United States.

Thomas Love, III, current President, says, “Hall of Fame Beverages will announce only those engagements that are delivered and final under my watch going forward.” Hall of Fame Beverages regrets any inconvenience these statements may have caused.



"Safe Harbor Statement"

Under The Private Securities Litigation Reform Act of 1995: The statements in the press release that relate to the Company's expectations with regard to the future impact on the Company's results from new products in development are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The results anticipated by any or all of these forward-looking statements may not occur. The Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof, or to reflect the occurrence of unanticipated events or changes in the Company's plans or expectations.



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