Hat Trick (HKBV) Announces Termination of Proposed Cold Beverages Division Project

TORONTO, Dec. 9  /PRNewswire-FirstCall/ -- Hat Trick Beverages, Inc. (HKBV) has announced the termination of its agreement for a "Cold Beverages Division" and association with Mr. Lawrence Twombly, of Encinitas, California.

The Company had previously entered into a certain agreement with Mr. Twombly, where amongst other things, Twombly would operate Pumped Fitness, Road Kill, Dos Lagos, Super Buzz and Buzzy's Coffee on a profit type arrangement

The company was very forward thinking and upward mobile in its hopes and aspirations that this profit sharing arrangement would exceed $200,000.00 per annum. However, because of economic and other circumstances, and because no profits had been generated under the agreement, on November 10, 2008, Hat Trick by letter to Mr. Twombly terminated its association with him.

"Things did not work out as expected," Hat Trick CEO Sender Vaiser said in a prepared statement. "We had hoped to take advantage of the association with Mr. Twombly to develop a Cold Beverages Division for Hat Trick. However, we have undergone a change of direction and Hat Trick at this time has decided not to move forward in the marketing of cold beverages. We have informed Mr. Twombly that he is free to market these cold beverages on his own, but Hat Trick will not be a part of those efforts and will not in any way be associated with those efforts. We wish Mr. Twombly all the best, but our immediate focus at Hat Trick, at least for the time being, will be to move in another direction."

Safe Harbor statement under the 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

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DATASOURCE: Hat Trick Beverages, Inc.



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