Hat Trick Beverages Chinese Milk Company Development
This joint venture will enable us to cross market our products into China and the Milk Company to enter the US Capital markets.
16/07/08 HKBV.PK is pleased to announce that it has reached an agreement in principle with 3 Swordsman Milk Company to engage in a joint venture with the issuer.
The issuer will file a business plan and other relevant documents of the Milk Company on Pink Sheets for its followers to review. Sender Vaiser CEO of Hat Trick said: "This joint venture will enable us to cross market our products into China and the Milk Company to enter the US Capital markets. The terms are still being worked out but the joint venture should not disturb our current share structure as the joint venture will be funded by our subsidiary Tango Cafe with stock already issued to them and cash.
Our corporate advisor is continuing to develop these opportunities on our behalf, and they have proved instrumental in opening the doors to a number of potential strategic partners, suppliers and distributors to quickly establish our presence in this huge marketplace. We expect to make additional announcements soon that will add greater value to Hat Trick."
In other corporate updates the issuer intends to terminate its relationship with its current transfer agent and to appoint a new transfer agent that can provide it with adequate services the issuer's shareholders demand.
