Hat Trick Beverages (HKBV) Announces Australasia Master Franchiser
October 24 2008 - 7:53AM
PR Newswire (US)
TORONTO, Oct. 24 /PRNewswire-FirstCall/ -- Hat Trick Beverages Inc.
(HKBV.PK) the issuer is pleased to announce that it has secured
interest from a single Master Franchisee for the exclusive
distribution area of Australasia. Australasia is a region of
Oceania: New Zealand, Australia, Papua New Guinea, and neighbouring
islands in the Pacific Ocean. The deal is currently only for the
hot drink beverages division "Tango Cafe". The issuer is confident
that the cold drink division may also be negotiated, and
incorporated into the agreement as well, which the purchaser is
seeking rights to as well. Now that the company is at the doorsteps
and virtually weeks away from becoming its own bottler and a drink
manufacturing facility, with its recently completed Italian
manufacturing facilities infrastructure; finalizing the cold drink
division as well will be the company's next logical step. The
company projects that this agreement when rolled out will produce
additional revenues in the $ 3,000,000 to $5,000,000 dollar range
within the next 15 to 18 months. This sum does not take into
account franchise royalty earnings which could add another 7% to
the gross sum. Get the Facts Right. Hat Trick Beverages works hard
to continue to keep our shareholders informed, and news is updated
frequently via Press Releases, Pink Sheet
http://www.pinksheets.com/ filings, and updates to our websites.
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Private Securities Litigation Reform Act of 1995: Certain forward
information contained in this release contains forward-looking
statements that involve risk and uncertainties, including but not
limited to, those relating to development and expansion activities,
domestic and global conditions, and market competition. DATASOURCE:
Hat Trick Beverages, Inc. CONTACT:
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