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Hat Trick Beverage (HKBV.PK) announces letter of intent to acquire Tango Cafe

ENCINITAS, CA, April 18 /PRNewswire-FirstCall/ - Hat Trick Beverages is pleased to announce that it has signed a Letter of Intent to acquire 100% of Tango Cafe Inc. in an all stock transaction. Tango Cafe offers retail, residential and commercial espresso and Cappuccino coffee services to clients in theUSA, UK andCanada.

More information about Tango Cafe can be found by visiting their corporate web site at and . The agreement is subject to appropriate due diligence and shareholder approval of the acquisition.

The acquisition will broaden the Company's product portfolio in a complimentary and synergistic manner, resulting in both a cold and hot beverage division in key growth markets.

CEO Larry Twombly will step down as the CEO of the Company, after appointing a new CEO to guide the Company through this expansion service. The company also intends to appoint a new board of directors, and team of officers. CEO Larry Twombly will remain with the company as a director of the cold drink division. The company will be issuing further updates on this and other matters shortly.

Twombly was quoted as saying; "This is exactly the type of growth opportunity our shareholders were asking for. The management resources at Tango Cafe that can take our cold drink brands Internationally toCanada, the UK,South America and evenChina. In anticipation of a successful transaction the company is pleased to announce that it has launched it's new corporate web site ".

In other company news, the company has retained the services of Mina Mar Group to assist in an advisory capacity with this transaction, as well as providing investor relations services for the expanded Company. One of the core objectives will be to achieve 'Pink Checkmark' designation from the Pink Sheets, LLC. indicating full disclosure of Company operations and corporate governance.

About Hat Trick Beverages, Inc.

Hat trick trades on the pink sheets symbol HKBV.PK. Hat Trick Beverage, Inc., located inEncinitas, CA. develops, markets and distributes high quality and uniquely functional beverage products. These products include Pumped Fitness (which features a high impact packaging design in the shape of weight training dumb-bells), as well as youth oriented Road Kill beverages and other products in growth oriented sectors of the non-carbonated cold beverage market.

Safe Harbor Statement:

Except for historical information contained herein, the matters set forth may be forward-looking statements that involve certain risks and uncertainties that could cause actual results to differ from those in forward-looking statements. Words such as "anticipate," "intend" and similar expressions, as they relate to the Company or its management, identify forward looking statements. Such statements are based on current beliefs of management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors such as the level of business and consumer spending, the amount of sales of the company's products, the competitive environment of the industry, the ability of the Company to continue to expand its operations, the level of costs incurring in the connection with the Company's expansion efforts, economic conditions in the industry and financial strength of the Company's customers and suppliers. The Company does not undertake any obligation to update such forward-looking statements. Investors are also directed to consider all other risks and uncertainties.

SOURCE Hat Trick Beverages, Inc.