SOURCE: Hall of Fame Beverages Inc.

Hall of Fame Beverages Inc.

March 10, 2010 09:25 ET

Hall of Fame Beverages Consummates "a.n.d." Deal With the V Group

LOS ANGELES, CA--(Marketwire - March 10, 2010) -  Hall of Fame Beverage Inc. (PINKSHEETS: HFBG) is very pleased to announce that the Company has acquired a stake in the V Group, makers of a.n.d. (Antioxidant Nutritional Drinks). Negotiations were brief and fruitful as both parties recognized to synergies between the two entities. As part of the agreement, HFBG will be allowed to appoint a member to the Board of Directors of the V Group as well as an equity stake in the Company. In return, the V Group will receive monetary compensation to assist in the production of a.n.d.

The V group is made up of beverage professional as well as a select group of powerful distributors. These distributors include some of the most powerful distributors in the Northeast as well as the Southwest.

"This is a significant cue for Hall of Fame," states Larry Twombly. "We expect a.n.d. to develop into a massive brand with virtually unlimited growth potential. We are excited to be part of the group. Not only will HFBG benefit from the success of a.n.d., but HFBG's existing brands and future brands should also benefit from the alliance with the V Group's distribution. We insisted on having a HFBG person as part of the V Group's Board ensuring transparency between the V Group and Hall of Fame Beverage."

V group is expecting to have products on the shelves by early May in the Northeast and June on the West Coast. Testing has already been completed in the Northeast in 2009 and the response was overwhelming. 

About the V Group

The V Group is an alliance of 5 powerful beverage distributors. These distributors were instrumental in the success of some of the most recognizable brands on the market today. Once a brand became successful, it inevitably was sold to one of the major soda manufacturers and pulled from their distribution. To combat this they united to create a brand that they would own a stake in and control future distribution. a.n.d. is the product of their collaboration.

About Hall Of Fame Beverages Inc.

Contact Information