ROCHESTER, NEW YORK, January 26, 2014. Michael P. Grande and Randolph S. Hudson are pleased to announce their acquisition of Hall of Fame Beverages, Inc., a Delaware corporation (US.HFBG.PK) ("Fame"). While there are certain agreements that remain to be exchanged among Mr. Grande, Mr. Hudson, and Alexander S. Johnson, Fame's Chairman, President, and Chief Executive Officer, the acquisition of Fame has been completed.
Mr. Johnson said, "I think Mr. Grande and Mr. Hudson will be able to revive our brands and pick up where we left off. If we work together, I think we can see some positive results by mid-year."
Mr. Johnson comes to The Hudson and Grande Organization with impressive credentials. Mr. Johnson is an entrepreneur who specializes in the consumable products market and nutritional supplement market. Mr. Johnson helped to launch the "Top Dogg" brand during the summer of 2012. Before stepping into the consumable products and nutritional supplements markets, Mr. Johnson began his career in the government services industry in 2006 with CACI International, Inc. as a Program Control Analyst. Over the past seven years, Mr. Johnson held various finance related positions as a Senior Consultant for Booz Allen Hamilton in Mclean, Virginia, managing the budgets of multiple governments with funded amounts of over $35 million dollars annually. Mr. Johnson?s work experience with two of the world?s leading providers of government consulting services proves that he understands what it takes to lead and manage a business. Mr. Johnson holds a BS in Accounting from Old Dominion University and a MS in Accounting and Information Systems from the University of Maryland's University College.
Fame is principally known for the distribution of its energy drink named "Atomic Dogg", which it manufactured under license from Primo Products, LLC, a Delaware limited liability company, and "Grand Ma Ma's Sweet Tea", which it manufactured under license from Larry Johnson Beverage Group, Inc., a Delaware corporation.
Mr. Grande said, "The acquisition of Hall of Fame, and our subsequent marketing of its products later this year, will help to round-out the product line by adding a premium tea and energy drink to the other brands that Randy [Hudson] and I have acquired for our holding company and for the benefit of our shareholders. Moreover, I am very eager to work with Mr. Johnson and with Hall of Fame's co-founder and the developer of the Atomic Dogg product, not only in this company, but in some of the other companies that Randy and I control. As we have tried in past to make clear, with this company, and with our other companies, the administrative clean-up of the companies is essential before we can move on to marketing the company's products, and, in the case of some of the companies, their services. This will only serve to build a strong foundation from which we can build and to avoid the mistakes made by each company's former senior executive management."
Mr. Hudson said, "Mike [Grande] and I have our work cut out for us; particularly, to bring Hall of Fame current in its administrative obligations with OTC Markets and Depository Trust Company. Once our administrative tasks are complete, we can begin to focus on the reintroduction of Hall of Fame's products. In addition, we expect to have Hall of Fame's interim website up-and-running by 7 February."
Fame intends to reintroduce its products on a limited basis in Upstate New York and Las Vegas by the end of the third calendar quarter of 2014, and, thereafter, to offer its products in select U. S. markets by mid-year 2015.
Mr. Grande will serve as the company's Chairman, President, and Chief Executive Officer, and Mr. Hudson will serve as its Vice-Chairman. In addition to the other officers and directors, Mr. Johnson will remain on Fame's Board of Directors, and, Mr. Johnson will also serve on the Board of Directors of Hudson and Grande, Fame's parent company.
Fame's shareholders and investors are welcome to inquire of the company's development by calling Mr. Grande at (585) 967-3198 or Mr. Hudson at (585) 329-3581.
(The senior executive management of Hall of Fame Beverages (US.HFBG.PK), Encounter Development Technologies, Inc. (US.ENTI.PK), Real American Capital Corporation (US.RLAB.PK), Oncology Medical, Inc. (US.ONCO.PK), Apple Rush Company, Inc. (US.APRU.PK), Central Wireless, Inc. (US.CWIR.PK) seek safe harbor for their forward-looking statements as permitted under the Private Securities Litigation Reform Act of 1995.)