SOURCE: Hall of Fame Beverages Inc.

Hall of Fame Beverages Inc.

May 17, 2010 09:20 ET

Hall of Fame Beverages, Inc. Is Ready to Say Goodbye to Caveat Emptor

LOS ANGELES, CA--(Marketwire - May 17, 2010) -  Hall of Fame Beverages (PINKSHEETS: HFBG) is anxious to update current and future shareholders as well as the general public to the status of the "Caveat Emptor" associated with the Company in relationship to Pink Sheets Llc. The Company has successfully completed all relative filings and said filings have been uploaded by Pink Sheets. On Monday, May 17th, 2010, the company's legal representative plans to submit the completed legal opinion letter stating that all relative information is true and correct to the best of the knowledge of everyone involved. The said opinion letter is necessary to have the "Caveat Emptor" removed by Pink Sheets. "The Company has been informed that once the legal opinion is accepted by Pink Sheets Llc., the 'Caveat Emptor' should be removed within a few working days," states Larry Twombly (CEO, Hall of Fame Beverages). Mr. Twombly goes on to state: "We realize that this process has been a long and arduous one and has taken longer than anticipated. Throughout this whole process we felt it far more important to the well being of the shareholders to be thorough and correct rather than quick and hasty. I am finally comfortable saying that I feel the removal of the 'Caveat Emptor' is imminent."

The Company continues to commit to the public that we will perform to the best of the Company's ability in creating value for the shareholders. This commitment includes, but is not limited to, keeping information updated as well as communication as readily available as possible. The Company will continue to keep the public informed of its many exciting developments as they become material.

The Company would like to thank the shareholders and investors for their patience and their commitment to the Company. 

About Hall of Fame Beverages

Hall of Fame Beverages, Inc. is a new lifestyle company dedicated to building long-term success through the creation, manufacture, distribution, and marketing of innovative non-alcoholic beverages recognized for their fresh, standout brand identities that rise above the plethora of average products. Hall of Fame Beverages along with its strategic V-Group partners is a team of visionary and seasoned beverage industry executives who intend to leverage their expertise and their established resources in beverage commerce to make Hall of Fame Beverages one of the industry's big winners via its signature brand product line called A.N.D. (Antioxidant Nutritional Drinks) as well as through multiple innovations just on the horizon.

"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.

Contact Information