H3+125 = Harlem's HipHopHome
17 November 2005 - 1:42AM
PR Newswire (US)
H3's HipHopSodaShop Signs Agreement to Lease on Historic 125th
Street NEW YORK, Nov. 16 /PRNewswire-FirstCall/ -- H3Enterprises,
Inc. (OTC: "HTRE") has announced the signing of an Agreement to
lease with an option to purchase a large commercial building on
Harlem's booming 125th Street to house its flagship HipHopSodaShop
as well as its new corporate offices. Located less than a block
from the legendary Apollo Theater, this Company owned location will
showcase H3's "community conscious" approach to Hip Hop, starting
with a breakthrough "good4u" menu with price points suitable for
every age and income group, along with the latest and greatest in
Hip Hop entertainment, media, apparel, merchandise, and competitive
CyberSports action (for details visit h3inc.com). H3's Harlem site,
along with the units expected to open second quarter in Times
Square and on Las Vegas' "Strip", will likely be the only
HipHopSodaShops owned by HTRE, with the focus for growth squarely
on H3's Area Development and Master Franchising programs. Some of
the biggest names in Hip Hop and the NBA (both past and present)
have already signed on to become Area Developers of the
HipHopSodaShops in their home market, with many more celebrity
deals being negotiated. The first Las Vegas location will be opened
in partnership with former NBA Champion and Las Vegas legend Jackie
Robinson, who is also H3's Area Developer for Las Vegas. Jackie is
currently in the process of coordinating H3's inaugural WorldSeries
of CyberSports, where "H3Players" the world over will be converging
on Vegas in January 2007 to compete for millions in cash and
prizes. ODBN (odbn.net) and Video Visions (video-visions.com) have
recently signed on with HTRE to bring cutting edge plasma, LED,
LCD, and HD screen technology, as well as multi-media broadband
applications to the SodaShops. ODBN's Digital Narrowcasting Network
technology will be utilized to create "Channel H3", a unique
promotional, entertainment and information resource for the
SodaShops and other H3 enterprises. TheSyphonGroup
(thesyphongroup.com) and Galaxy Visions (galaxyvisions.com) have
also joined TeamH3 to provide complete IT support for the
HipHopSodaShops and H3 websites, including Point of Sale systems,
data tracking and replication systems, and "Smart Card" technology
for H3CyberSports competitive play, both in-store and online.
H3Enterprises is the first publicly traded company devoted to the
Hip Hop culture and community. Despite being in business for less
than a year, the Company has made significant charitable donations
to Jim Brown's Amer-I-Can, Kurk Lee's Children Charity, and Greg
Marius' EBC Children's Foundation, among others. H3's
HipHopSodaShops are expected to create thousands of jobs and
scholarship opportunities throughout communities across America. H3
has recently created the RE-JUVE-NATION "Home-Aid" Hip Hop tour
along with New Orleans rap legend and H3 Area Developer, Juvenile,
in an effort to raise funds for the "Adopt-a-Family" program. This
unique charity gives donors the opportunity to interact with and
give their funds directly to the people they choose to "adopt". The
development of the HipHopSodaShops across the South will become a
further extension of H3 and Juve's ongoing relief, rebuilding, and
rejuvenation efforts for the people and places devastated by
Katrina, Rita, and Wilma. This press release may contain
forward-looking information within the meaning of Section 27A of
the Securities Act of 1933 or Section 21E of the Securities and
Exchange Act of 1934 and is subject to the safe harbor created by
these sections. Certain information included herein may contain
statements that are forward-looking, such as statements relating to
plans for future expansion and other business development
activities. Such forward-looking information is subject to changes
and variations which are not reasonably predictable and which could
significantly affect future results Contact: Heather Elliot
cjonesconsulting 727 785 5397 DATASOURCE: H3Enterprises, Inc.
CONTACT: Heather Elliot, cjonesconsulting, +1-727-785-5397, for
H3Enterprises, Inc. Web site: http://www.hiphopsodashop.com/
http://h3inc.com/
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