SOURCE: Hall of Fame Beverages Inc.

Hall of Fame Beverages Inc.

March 22, 2010 16:04 ET

Hall of Fame Beverages Updates on Conference Call

LOS ANGELES, CA--(Marketwire - March 22, 2010) -  Hall of Fame Beverages (PINKSHEETS: HFBG) is pleased to post updates following last Thursday's conference call (Thursday, March 18, 2010). The call was a success in the company's view point. Mr. Larry Twombly, CEO of the company, went over many issues in detail with many questions from the shareholders. Points gone over are as follows:

1) The Partnership between V Group and Hall of Fame Beverages and the a.n.d. product. The V Group's role in progressing Hall of Fame Beverages, including current management and past management. 

2) The Company spoke about the planned roll out of the a.n.d. product. We had indicated that we are looking for an early May launch on the East Coast and a late June launch on the West Coast.

3) The Company is expecting approximately 5,000 cases a month for the first 3 months and quickly growing to an estimated 25,000 cases a month by the end of summer. 5,000 cases per month = $87,500.00 per month or aprox $1,000,000.00 per year. 25,000 cases per month = $437,500.00 per month or aprox $5,250,000.00 per year.

4) Mr. Twombly next spoke about the launch of a.n.d. energy. We had indicated that the development was completed and we are hoping for a late June production.

5) The Company also spoke about the Atomic Dogg new package. Mr. Twombly indicated why the Company felt a new PET package would be beneficial while explaining that the Company has positioned the product as a "Super Soda" in the attempt to create a new category.

6) Hall of Fame Beverages emphasized the importance of open communications with the shareholder base as HFBG feels they are essential in the grass roots efforts to promote the products.

7) And in closing, the Company spoke of how we wish to have a conference call every quarter to answer any questions they can.

Also the Company, in an effort to become transparent, is currently working on updating all the pinksheets information to take the "caveat emptor" sign down and post limited information up for shareholders to view. The Company has posted the most recent financials and as of Friday, March 19, 2010, needs a couple more documents to make this happen. As well, plans for the update of the Hall of Fame Corporate website have had some slight delays as this problem is attempting to be worked on. The Company hopes to have the website updated within the week as there has been great anticipation of this. The Company apologizes for any inconvenience on time delays of this matter.

About Hall of Fame Beverages
Hall of Fame Beverages, Inc. is an innovative new lifestyle company dedicated to building long-term success both through the creation of a unique and recognizable brand name, and through the integration of commercial success with social awareness. Convinced that "success" in business has long been too narrowly defined, Hall of Fame Beverages was founded by a group of visionary beverage industry executives who shared a common goal of leveraging the power of commerce in a way that was consistent with their desire to foster greater inclusion in the business world. The team of seasoned industry executives have set out to become one of the leaders in the beverage industry through developing, distributing and marketing their signature product lines. Hall of Fame Beverages was formed to take advantage of the tremendous industry expertise and experience of a talented group of beverage industry professionals and create opportunities through the implementation of an exciting and innovative business plan. The Company aims to become a leader in the beverage industry through the creation, manufacture, distribution, and marketing of non-alcoholic beverages under its signature brand.

Safe Harbor Statement:
Except for historical information contained herein, the matters set forth above may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in the forward-looking statements. Such forward-looking statements are based on the current beliefs of management, as well as assumptions made by and information currently available to management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, economic conditions in the industry and the financial strength of the Company's customers and suppliers. HFBG does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

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