H3 Enterprises (CE) (USOTC:HTRE)
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From Jul 2019 to Jul 2024
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In a move designed to add to the Company's vertical
integration, as well as community participation, H3Enterprises
announced today the signing of a Purchase Agreement with D Apparel,
Inc., makers of the ultimate apparel for NBA lovers and Hip Hop lovers
alike, including its signature "D Bands" featured on BET.
H3Enterprises ("HTRE") is the first publicly traded company dedicated
exclusively to the Hip Hop Community. H3 is the owner, creator,
franchisor, and licensor of HipHopSodaShops, H3Raps,
H3WhiteTeaBeverages, H3Merchandise, Halls of HipHop, H3CyberSports,
H3's WorldSeries Of CyberSports, H3O (hthreeonline.com) and after
formal closing, H3D Apparel.
H3D Apparel will immediately begin producing all of the apparel
sold out of H3's award winning HipHopSodaShops and will continue to
negotiate Purchase Orders with the world's best known retailers. The
acquisition also gives H3 the opportunity to talk directly with the
brightest stars of the NBA about opening HipHopSodaShops in their own
communities. All stars will be given the chance to participate in the
SodaShops' Area Development Program as well as other H3 activities. H3
recently announced the signing of a 30 store Area Development
Agreement for the booming Las Vegas market with UNLV legend and former
NBA Champion, Jackie Robinson, who was also recently the
owner/operator of 62 Pizza Hut franchises.
Vincent Norment, President of D Apparel, Inc. said "It's a
blessing to become a part of the H3 team and all that it stands for. I
will be speaking directly with my best friends and contacts in the
sports and entertainment worlds to quickly further the development of
the HipHopSodaShops, the biggest thing to happen to Hip Hop since
Biggie. H3D has already become an active participant in several B-Ball
charity events and tournaments featuring the best ballers and rappers
in the world. We're now perfectly positioned to fully capitalize on
what I call the 'Hip Hoop' phenomenon: all ballers want to rap, and
rappers love to ball. The operations of our Company have been designed
to give 'Hip' and 'Hoop' the opportunity to work together for the good
of all our communities."
"It's great to add D Apparel and a man with Vincent's credentials,
convictions and connections to our operations", said Company President
Brian "H3" Peters. "Our Companies seem to fit as perfectly as our
names. Owning every aspect of our franchising and retailing operations
from top to bottom will add considerably to our margins both inside
and outside the HipHopSodaShops, particularly on H3O
(hthreeonline.com). The SodaShops are something the entire Hip Hop
community can't wait to embrace.
"Along with H3 Chairman George Lois, I want to take this
opportunity to publicly thank Charles Barkley, for being the only
major public figure to proudly and repeatedly support Jayson Williams
on National TV." continued Peters. "A real friend is a friend to the
end. Keep your head up Jay; your eternal friends and teammates have
just begun the fight to win back your good name and humanity. Let the
truth be told."