News out this morning should once again push HFBV toward $.03. Solid support at $.0185 and some resistance at $.025. After .024 a .03 break would be decidedly bullish.
Hall of Fame Beverages Announces First of Several New Distribution AgreementsBusiness Wire "US Press Releases "
LOS ANGELES--(BUSINESS WIRE)--
Hall of Fame Beverages, Inc. (Pink Sheets:HFBV) is happy to announce the first of several distribution agreements. BevCo. Distributors, Inc., based in Elkin, Pennsylvania, services over 2,000 accounts located in the 5 Boroughs in New York City, Long Island, NY, Philadelphia, PA, Montgomery County, PA and exports to the Caribbean. Mr. Newton Simpson, President/CEO of BevCo., said, "We are excited to add Hydro Power Functional Water and Atomic Dogg Energy Drinks to our product line. We know our customers will be thrilled with these beverages." CEO Robert Rosario said, "We are happy to welcome BevCo. Distribution, Inc. to our family of distributors." Calvin Ross, COO, noted that "The BevCo. agreement is the first of several distribution agreements that will be concluded within the next few weeks."
Mr. Rosario and Mr. Ross also stated, "Distributors around the country continue to contact us regarding handling our products." www.halloffamebeverages.com
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. Words such as "anticipate," "believe," "estimate," "expect," "intend" and similar expressions, as they relate to the Company or its management, identify 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, the amount of sales of the Company's products, the competitive environment within the industry, the ability of the Company to continue to expand its operations, the level of costs incurred in connection with the Company's expansion efforts, economic conditions in the industry and the financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.
Source: Hall of Fame Beverages, Inc.
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