SOURCE: Hall of Fame Beverages

November 18, 2010 09:45 ET

Hall of Fame Beverages Leaving Pink Sheets & No Reverse Split in 2011

LOS ANGELES, CA--(Marketwire - November 18, 2010) - Hall of Fame Beverages, Inc. (PINKSHEETS: HFBG) -- In an effort to move into the new year and toward the 2011 beverage season, Hall of Fame Beverages announces several corporate moves that shareholders can expect to see in the coming weeks and months. The company is working with its CPA and securities attorney to audit Hall of Fame's financials and begin the process to become SEC reporting in order to move up from the Pink Sheets to the OTCQB Market.

With this move, the company will have in place an extremely qualified and highly experienced list of officers for 2011.

As the company prepares itself for the new year, CEO Steve Hendricks would like to announce to all of the company's shareholders there will not be a reverse split in 2011. Hendricks says, "Many shareholders have expressed concern that the company made it clear there would be no such move in 2010, but felt the New Year would bring an immediate reverse split. This is not true and we expressed that not only was there no reverse split planned for 2010, but such a move was not even in the plans, and we'll honor the latter by stating there will be no reverse split in 2011."

As per legal advice, Hall of Fame Beverages has filed for dissolution with the Secretary of State in Nevada and has made a domicile move to the state of Delaware. 

The company is continuing a theme of everything being new in 2011, and in that direction, Hall of Fame will be working with The Stock House Group to improve its current website. A new design will be implemented to go along with the new product, Grand Ma Ma's Sweet Southern Tea, the new distributors, the new OTCQB Market, the new Grand Ma Ma's animated television advertising campaign, and many other new changes to be reported soon. 

Hall of Fame's Distribution is progressing and announcements will be made as they are completed. 

Please direct all questions to the company's investment relations firm, The Stock House Group. The email is investors@thestockhousegroup.com; please include HFBG in the subject line.

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 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 brands Atomic Dogg Super Soda and Grand Ma Ma's Sweet Southern Tea.

"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 Company intends that such statements about the Company's future expectations, including future revenues and earnings, and all other forward-looking statements be subject to the Safe Harbors created thereby. Since these statements (future operational results and sales) involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results. 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

  • Contact:

    The Stock House Group
    Investment Relations
    Email: Email Contact
    Phone: (646) 397-4020