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afterhours news NEW YORK, June 7 /PRNewswire-FirstCall/ -- H3 Enterprises, Inc. (OTCBB: "HTRE"), the first publicly traded Hip-Hop company, announced today the unanimous decision of its Board of Directors to appoint Dr. Benjamin F. Chavis as the company's Chief Executive Officer (CEO). Over the past 40 years, Dr. Chavis has become one of the world's most effective leaders and strategists, having served previously as the Executive Director and CEO of the NAACP and currently working with Russell Simmons as Co-founder and President of the Hip-Hop Summit Action Network (HSAN), the worlds largest coalition of Hip-Hop artists and recording industry executives. ADVERTISEMENT
Dr. Chavis comes to the leadership of H3 Enterprises, Inc., as part of an executive management services contract between H3 Enterprises, Inc. and CEF Management, LLC (CEF), a New York City based management firm, in which Dr. Chavis is a principal, along with New York attorney and developer Joseph Fleming, and entrepreneur and restauranteur Leon Ellis. One of CEF's major roles will be the future development and international roll out of HipHopSodaShops.
H3 has developed a unique niche in the fastest growing and most profitable segments in three of today's exploding youth related markets: Hip-Hop music, video gaming, and energy drinks. These high margin sectors have all been vertically integrated into the award winning HipHopSodaShops franchise concept that may well become the leading destination point for today's Hip-Hop Generation, the most sought after demographic in the world.
H3 Enterprise's primary revenue stream will emanate from the HipHopSodaShops, a cutting edge concept featuring a unique combination of healthy foods and beverages, competitive cyber-gaming, and a wide array of celebrity merchandising, as well as giant high definition flat screen entertainment. "The HipHopSodaShops can quickly become one of the single greatest forces for job creation, inner city revitalization, and equal access to quality education. It also will provide investment opportunities for every generation, and a productive combination of entrepreneurship, cyber entertainment, and youth leadership development the world over," stated Dr. Chavis.
While Dr. Chavis continues to champion the plight of inner city youth, he has emerged as one of the strongest advocates of the positive attributes of Hip-Hop culture. "H3 and the development of HipHopSodaShops will be the culmination of what I hope will be remembered as a lifetime of service to the betterment of our communities," said Chavis. "I feel truly blessed to be given the opportunity to create concrete avenues for equal access and economic empowerment for all of our youth and for generations to come."
"My vision for H3 is to lead the company forward to become the most profitable, community conscious brand in the world," continued Chavis. "We will utilize the magnificent talents of some of our greatest athletes, artists, and entertainers to fulfill the economic aspirations of the Hip-Hop Generation. We will educate our youth about the benefits and power of investment and ownership, and about the tremendous economic opportunities that lie ahead for all of us." "Everything that Dr. Ben stands for and every cause that he undertakes is amazingly similar to what H3 Enterprises is all about," said Keith Chutjian, H3's Chairman. "With our first HipHopSodaShop under construction in St. Petersburg, Florida, and our new energy drink, Ben Gordon's BG7 White Tea Energy Blast, being successfully test marketed in Chicago, the timing for bringing in Dr. Ben and his talented CEF executive management team, couldn't be better."
"The fact that we are all truly united in cause and purpose will make the execution of our business model that much more rewarding and fulfilling," said H3's Founder, Brian Peters. "Dr. Ben's lifelong dedication to the growth of business and social opportunities within the inner cities and throughout the Hip-Hop community falls into perfect alignment with H3's mission, and I am very excited about our future as we ascend to new levels with such a universally respected leader in command."
For information concerning H3 Enterprises, HipHopSodaShops, purchase of H3 (OTBB: "HTRE") stock and BG7 Energy Drink, contact H3 Enterprises, Inc., c/o CEF at 212-385-8039. CEF Management, LLC is headquartered in the Wall Street area at 116 John Street, Suite 2830, New York, NY. 10038.
-------------------------------------------------------------------------------- Source: H3 Enterprises, Inc.
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this been running lately it took a breather in the afternoon profit taking i supposed from the recent run up , last time i played this i made a 100% gain on it
-------------------- a huge fortune will arrive to you once again! Posts: 657 | From: brooklyn | Registered: Jun 2006
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