Red Robin Restaurants to Serve Hall of Fame Beverage's Sweet Tea
Hall of Fame CEO to Reduce Company's Authorized Shares by One Billion
LAS VEGAS, NV--(Marketwire - Jul 20, 2011) - Hall of Fame Beverages, Inc. (PINKSHEETS: HFBG) CEO and President, Jessica Gutierrez, announces that Grand Ma Ma's Sweet Southern Tea is headed to Red Robin restaurants. The Lehigh Valley Restaurant Group, Inc. will be putting Hall of Fame Beverage's brand tea in 18 of its Red Robin locations with plans to serve the tea to its customers in additional restaurants in the near future. This Red Robin franchise Group covers the Lehigh Valley, Scranton/Wilkes-Barre, Philadelphia and Harrisburg regions in Pennsylvania.
Gutierrez says, "We couldn't have found a better Group to work with in rolling out our bag in a box (BIB) tea product to restaurants than the Lehigh Valley Restaurant Group and Red Robin restaurants. They have welcomed Larry Johnson and our company with open arms and we look forward to a long relationship with them."
Chad Miller, Director of Purchasing for the Lehigh Valley Restaurant Group, says, "We're excited to partner with Larry Johnson and his company, Hall of Fame Beverages. We're always looking to serve our customers the very best, and Grand Ma Ma's Sweet Southern Tea will be a great addition to our menu. We would love to see the tea in every Red Robin restaurant all over America soon."
Hall of Fame Beverage's owner and founder, Larry Johnson, helped the franchise Group open its 18th location in Lancaster, Pennsylvania, back in April, and says Hall of Fame couldn't have found a better partner to highlight the company's new leadership and growth into the future.
"Red Robin Restaurants are a great place for Grand Ma Ma's Sweet Southern Tea to make a home. These guys are such a class act and have made us feel we're doing the right things with the right people, and it's a relationship we're proud of at Hall of Fame." Pictures of the grand opening are on our website.
The Lehigh Valley Restaurant Group opened its first Red Robin in 1993 and will open its 19th restaurant this winter with more breaking ground soon. Our distribution partner US Foodservice, Allentown, will be distributing our bag in a box product to the Red Robin locations. Red Robin started in Colorado back in 1969 and currently has more than 430 Red Robin restaurants nationwide.
Five of the Group's Red Robin locations are outfitted with the bag in a box equipment to serve the tea immediately. To find all of the locations of the Group's Red Robin restaurants that will serve Grand Ma Ma's Sweet Southern Tea, go to their site at http://www.redrobin.com or our site at http://www.halloffamebeverages.com where we'll link you to the locations and highlight the first 5 outfitted restaurants.
Also, Hall of Fame Beverage's CEO has started the process to decrease the company's Authorized Common Shares count by 1-billion shares. Jessica Gutierrez has filed the paperwork with the state of Delaware and the company's Transfer Agent to rid Hall of Fame of any shares that could be added to the share structure.
"I told our shareholders in my recent letter, that things will be done differently at Hall of Fame Beverages, and that I am focused on building this company the right way. I will be doing what is necessary to reduce the share structure and the first step is to decrease the AS. I want to make it clear I have no intention to dilute." Look for more exciting news in the coming week.
About Hall of Fame Beverages, Inc.
Hall of Fame Beverages, Inc. is dedicated to the creation, manufacture, distribution, and marketing of innovative non-alcoholic beverages and baked goods recognized for their fresh and unique brand identity setting themselves apart from the many average products. Hall of Fame Beverages, along with its strategic partners, is a team of creative beverage industry executives who intend to leverage their expertise and established resources in beverage commerce to make Hall of Fame Beverages one of the industry's winners via its signature brand product line Grand Ma Ma.
"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.