Harrison Vickers and Waterman Releases Analysis of Craft Beer Industry
November 02 2015 - 6:53AM
InvestorsHub NewsWire
"The New Opportunity, a Fast Growing $20 Billion Market
in America"
NORTH PALM BEACH, FL--(NewMediaWire - Nov 2, 2015) -
Harrison, Vickers and Waterman, Inc. (OTCBB: HVCW):
Attitude Drinks, Inc. (OTCBB: ATTD)
released today an analysis of the Craft Beer Industry prepared for
the company and its stakeholders. Roy Warren, CEO of the
company commented, "Having seen the industry report prepared by the
American Craft Brewers Association outlining the results by the
craft beer segment for 2014, we feel the attached analyses may be
helpful. Bart Watson, Chief Economist of the Brewers
Association said in his 2014 update that in 2014 the retail dollar
volume of craft beer grew 22 percent to $19.6 billion. He went
on to say that the craft segment achieved 11 percent share of beer
sales by volume in 2014 growing 18 percent for the year. Mr.
Watson further commented that this growth demonstrates a profound
shift in the American Beer culture." The "New Opportunity"
report may be viewed at: www.attitudebeer.com/investors
About HVCW
Harrison, Vickers and Waterman, Inc. is the owner of Attitude
Beer Holding Co. Attitude Beer has a joint venture agreement
with New England WOB LLC to develop select World of Beer franchised
locations in the State of Connecticut and greater Boston
areas. Together we opened a 4,000 sq. foot WOB tavern in West
Hartford, CT in January 2015 that sells a selection of over 500
craft and imported beers along with tavern food and other spirits
and drinks. New England WOB LLC holds franchise rights for all
of Connecticut and the greater Boston area. Recently, Attitude
Beer announced an agreement with New England WOB LLC to develop new
taverns in Milford CT and Boston MA. The Company is seeking
additional opportunities in the craft beer industry. For
additional World of Beer locations that are developed through the
joint venture, Attitude Beer Holding Co. plans to hold a 51%
interest, and New England WOB LLC will hold a 49% interest in the
joint venture's new World of Beer locations. For more about
HVCW: visit: www.attitudebeer.com
Disclaimer
This press release contains forward-looking statements within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. The
forward-looking statements are based on current expectations,
estimates and projections made by management. The Company
intends for the forward-looking statements to be covered by the
safe harbor provisions for forward-looking statements. Words
such as "anticipates," "expects," "intends," "plans," "believes,"
"seeks," "estimates," or variations of such words are intended to
identify such forward-looking statements. The forward-looking
statements contained in this press release include statements
regarding the prospects of improving the results in the West
Hartford WOB tavern and continuing to refine this business concept
in more taverns, and the timing of the renovation and commencement
of operations of the new taverns. All forward-looking
statements in this press release are made as of the date of this
press release, and the Company assumes no obligation to update
these forward-looking statements other than as required by
law. The forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially
from those set forth or implied by any forward-looking statements
and include the Company's ability to improve its results and
accelerate its growth, open new taverns, exploit this niche in the
craft beer industry and the other risk factors discussed in the
Business and Management's Discussion and Analysis sections in our
Annual Report on Form 10-K for the year ended March 31, 2015 and
subsequent Quarterly Reports on Form 10-Q and Current Reports on
Form 8-K.
Harrison Vickers and Wat... (CE) (USOTC:HVCW)
Historical Stock Chart
From Oct 2024 to Nov 2024
Harrison Vickers and Wat... (CE) (USOTC:HVCW)
Historical Stock Chart
From Nov 2023 to Nov 2024