SOURCE: H3 Enterprises, Inc.

December 03, 2007 10:54 ET

Dr. Benjamin Chavis, CEO of H3 Enterprises and the HipHopSodaShops, Asks Hip-Hop Cultural and Economic Empowerment Questions to Presidential Candidates

Dr. Ben Helps Make Hip-Hop a Part of the National Presidential Debate; Obama and Clinton Both Salute Russell Simmons and the Hip-Hop Generation

NEW YORK, NY--(Marketwire - December 3, 2007) - H3 Enterprises, Inc. (PINKSHEETS: HTRE),, the world's first publicly traded Hip-Hop company and parent company of the HipHopSodaShop, announced today that its CEO and President, Dr. Benjamin Chavis, played a key role in the Brown and Black Iowa Presidential Forum this past Saturday night where all t he Democratic Presidential candidates addressed some of the major concerns of African-Americans and Latinos. This was the first time during the entire 2008 US Presidential race that major candidates for President were asked questions from a Hip-Hop perspective.

As the CEO and President of the first publicly traded Hip-Hop company, which is launching its first HipHopSodaShop in Tampa, Florida on December 11, 2007, Dr. Chavis was the prefect panelist to ask the tough questions that would represent Hip-Hop culture and at the same time address the major concerns of African American and Latino youth. The HipHopSodaShop franchise which he is launching on December 11 is the backbone of the H3 Inc. related businesses and encapsulates not only the numerous revenue streams that the company has developed, but also embodies the "entrepreneurial youth conscious" approach that H3 Inc. applies to all of its endeavors.

Questions By Dr. Chavis and Responses by Senators Clinton and Obama:

Dr. Chavis' questions on Saturday were straightforward and spoke from a Hip-Hop voice. His first question to Senator Obama was, "Over 35 years ago, Hip-Hop culture was born in the South Bronx among young African Americans and Latino Americans. The youth of today are the Hip-Hop generation and across America young people want and demand a better quality of life for themselves and their families and communities. Speaking on behalf of Russell Simmons and millions of young Hip-Hop voters who will resolutely go to the polls in 2008, if you are elected President of the United States, how would you take leadership as President to address the issues and concerns of the Hip-Hop generation?"

Senator Obama responded, "I recognize and value the importance of millions of young voters. My candidacy speaks directly, Dr. Chavis, to the issues that you have raised. During the last seven years, more Brown and Black families have gone into poverty. It is not acceptable to me that 37 million Americans now live in poverty. I believe that I am the only candidate that best represents real change."

Dr. Chavis' second question went to Senator Clinton: "The evolution of Hip-Hop culture in America and throughout the world has caused a revival of the entrepreneurial spirit among millions of youth. Hip-Hop is about doing for self, going into business for yourself, owning your own record labels, your own production and distribution companies. I am working now to help build HipHopSodaShops across America. My question is if you are elected President of the United States, how do you intend to specifically provide greater opportunities for youth entrepreneurial development and the overall economic recovery and development of our communities?"

Clinton answered, "Well first let me thank you and Russell Simmons for all that you are doing so well with your Hip-Hop Summits. As President I intend to make it a priority to lead the economic recovery of cities and communities and I will reach out to young business leaders as well as to make sure that the SBA is much more effective than it has been during the Bush Administration. The economic development of not only Brown and Black communities but all communities will be a priority of my Administration."

Dr. Chavis stated today, "This historical Forum was the first time in this Presidential race where the positive attributes of Hip-Hop were discussed by both the panelists and the candidates themselves. It is critical as this race continues that the concerns and issues of the Hip-Hop generation such as poverty and economic empowerment remain front and center."

The hour-long Iowa Brown and Black Presidential Forum was held Saturday, December 1 and was broadcast live nationally in high-definition on HDNet, the network owned and founded by Mark Cuban. The forum was moderated by Michele Norris, host of National Public Radio's "All Things Considered," and Ray Suarez, senior correspondent for PBS's "The NewsHour with Jim Lehrer." The forum was also covered by NBC, ABC, CBS, CNN, C-Span, FOX, BET, MSNBC, NPR, Los Angeles Times, The New York Times, and other major publications across the country.

About H3 Enterprises, Inc. and the HipHopSodaShop:

H3 Enterprises, Inc. is the parent company of the HipHopSodaShop, a Florida corporation with its corporate headquarters located at 116, John Street, New York, NY 10036. As the first publicly traded Hip-Hop company, H3 Enterprises, Inc. is dedicated to the mission of empowering young people through investment, education and economic development.

About The Iowa Brown & Black Presidential Forum:

The Iowa Brown & Black Presidential Forum is an element of Urban Dreams' non-partisan Project V.O.T.E. (Voting Opportunities Through Education). Urban Dreams is a 501 (c)(3) charitable organization. It is the nation's only presidential forum in which all candidates have the opportunity to answer essential concerns of African-Americans and Latinos. The non-partisan event began with U.S. Presidential candidate debates in 1984 and has figured prominently in the Iowa caucuses. It is recognized as the oldest, continuous minority forum for presidential candidates in America and one of the longest-running presidential debates in the nation. For further information, visit

Safe Harbor: Certain information included herein may contain statements that are forward looking, such as statements relating to plans for future expansion and other business development activities. Such forward-looking information is subject to changes and variations which are not reasonably predictable and which could significantly affect future results.

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