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Replies to post #150 on Harrison Vickers & Waterman Inc (HVCW)
NORTH PALM BEACH, FL, Oct 27, 2015 (Marketwired via COMTEX) -- Harrison, Vickers and Waterman, Inc. HVCW, +52.94% : Attitude Drinks, Inc. (otc pink:ATTD) announced today that its JV partner, New England WOB LLC, has signed a definitive lease agreement for a location in the prestigious CambridgeSide Galleria in the Cambridge/Boston, Massachusetts area. As with previous agreements in West Hartford and Milford, Connecticut, the Company has agreed to fund this new venture whereby HVCW will own 51% of the tavern while the restaurant will be operated by New England WOB LLC.
This CambridgeSide Galleria location enjoys a number of extraordinary attributes including a 4,300 square foot location with internal and external access. The Galleria represents a total of one million square feet, has over seven million visitors annually, 2,500 parking spaces and 630 adjacent hotel rooms. There are 250,000 college students in the Cambridge/Boston area and the Galleria is surrounded by twenty million square feet of office and R&D space. Construction will begin in January and operations should commence by spring 2016.
Roy G. Warren, CEO of HVCW, commented, "We continue to be delighted to invest in this exciting new concept with our great partners at New England WOB LLC. The West Hartford tavern that began operation in January continues to outperform our forecasts and we are increasingly confident that the WOB concept, combined with the managerial expertise of our JV partners and the geographic locations sourced for our business is proving to be an exciting prospect for all stake holders."
About HVCW Harrison, Vickers and Waterman, Inc. is the owner of Attitude Beer, Inc. Attitude Beer has a joint venture agreement with New England WOB LLC to develop select World of Beer franchised locations in the State of Connecticut and greater Boston areas. Together we opened a 4,000 sq. foot WOB tavern in West Hartford, CT in January 2015 that sells a selection of over 500 craft and imported beers along with tavern food and other spirits and cocktails. New England WOB LLC holds franchise rights for all of Connecticut and the greater Boston area. Recently, Attitude Beer announced an agreement with New England WOB LLC to develop new taverns in Milford, CT and Boston, MA. The Company is seeking additional opportunities in the craft beer industry. For additional World of Beer locations that are developed through the joint venture, Attitude Beer Holding Co. plans to hold a 51% interest and New England WOB LLC will hold a 49% interest in the joint venture's new World of Beer locations. For more about HVCW: visit: www.attitudebeer.com
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