Hall of Fame Beverages (PINKSHEETS: HFBG) is excited to announce that the Company has secured funding necessary to commence production of its flagship products. The Company would like to emphasize that the funding was not secured from the sale of Hall of Fame Beverages stock. The Company expects to begin the production of Grandmama's Sweet Southern Tea? as well as the repackaged Atomic Dogg Super Soda? in mid-May. Although Atomic Dogg will have a new look, it will feature its established award winning flavor and formulation. The initial production will conclude just in time to capture the lucrative peak summer selling season allowing the Company to take advantage of the increased revenues. Upon completion of the production run, the products will immediately be shipped to the Company's established distribution channels.
"We are very excited about the accelerated progress for 2010. It has been a long road thus far, but all the hard work is beginning to pay off. Although our initial schedule was to produce only A.N.D. in May, because of increased demand, we feel it is necessary to facilitate the production of all the core brands including Grandmama's Sweet Southern Tea and Atomic Dogg Super Soda. We intend to complete the three production runs in the same month. Big things are ahead of us. This is only the first step in a long and rewarding journey," states Larry Twombly, Hall of Fame Beverages CEO.
The initial run of the A.N.D. products are on schedule to be produced mid-May and will be shipped to the North East region for immediate distribution. The Company is currently working to secure additional funding that would be utilized in additional productions that would allow for an earlier West Coast launch than was previously discussed. The Company will continue to keep the shareholders informed as it proceeds and progresses with many future developments.
It has come to the Company's attention that some confusion among the shareholders exists concerning the relationship between Hall of Fame Beverages, Inc. and Party Dogg Llc. Party Dogg Llc is a broker and marketing company that was established to aid in the relationships between Hall of Fame Beverages and other distribution sources. Party Dogg Llc does not have ownership in any of the Hall of Fame Beverages products. They are purely a facilitator.
We welcome the relationship between Party Dogg Llc and Hall of Fame Beverages and feel this will enhance our business efforts with a long term association.