SOURCE: Here To Serve Holding Corp.

Here To Serve Holding Corp.

March 03, 2015 09:15 ET

Here To Serve Holding Corp.: "A New Direction for the Future"

MILTON, GA--(Marketwired - Mar 3, 2015) - Here To Serve Holding Corp. (OTC PINK: HTSC) (www.htshc.com) today announced the Board of Directors has decided on a new direction for 2015 and beyond. Following the sale of its interests in a technology division and its waste business in November 2014, HTSC has shifted its focus as it begins evaluating several real estate transactions to boost its balance sheet and operations.

Current Value:
HTSC currently owns roughly 3.2M shares of Brooklyn Cheesecake and Dessert Company, Inc. (OTCQB: BCKE), which is the result of selling its Membership Interests of certain LLCs on October 31st, 2014. There is no time horizon when these shares will be distributed as a dividend to the shareholders of HTSC. The current shares are restricted shares and the Company will rely on BCKE to register these shares prior to being distributed. The Company will work with the DTCC for distribution, once the dividend mechanics are established.

Future Business Plan:
As HTSC moves its focus towards real estate, the Company has identified several properties to which it is negotiating both their purchase, as well as long-term leases for the operations on these properties. HTSC's initial opportunities will provide long-term positive cash flow with existing or newly negotiated leases. In addition, the Company is evaluating real estate opportunities that have a mining platform. The properties of interest for HTSC include mining operations for gold, silver and other precious minerals and ores across the US.

This transition will take several steps, months of preparation and invested capital to effectuate this business plan. Current shareholders might benefit from this new direction, as the value of the Company could be increased through balance sheet appreciation and positive operating cash flow.

Next Steps and Administrative Process:
HTSC is preparing for a two-year audit of its financials. Once the audit is complete, the Company will begin work on a Form 10 submission to the SEC to become a fully reporting company. These two administrative processes could take as long as ten to twelve weeks to complete. The Company will not update its shareholders once this process is started until the Form 10 is accepted/effective or a material event is completed. Finally, the Company along with its SEC counsel will re-establish a dialogue with the DTCC, in order to work on having the "chill" removed from its stock. The Company is not optimistic the removal of the chill will be swift, but the Company is focused on having the chill lifted at time in the future. The current situation does not affect in any way the ability of the Company to operate its business plan.

ABOUT HERE TO SERVE HOLDING CORP. Here To Serve is a holding company with a mission to grow shareholder value and demonstrate positive cash flow through the acquisition of strong operational companies and real estate in the US. HTSC will focus on acquiring properties across the US that have established long-term leases of its infrastructure in the environmental industry, as well as mining operations of gold, silver and various other mineral and ore deposits.

Forward-Looking Statements

Comments are based on current management expectations, and are considered "forward-looking statements," generally preceded by words such as "plans," "expects," "believes," "anticipates," or "intends." We cannot promise future returns. Our statements reflect our best judgment at the time they are issued, and we disclaim any obligation to update forward-looking statements as the result of new information or future events. We urge investors to review the risks and uncertainties within its filings with the OTC Markets and/or Securities and Exchange Commission.

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