Affinity Beverage Group Announces the Launch of the Village Tea Company Food Service Program and other Q1-2017 Updates
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Affinity Beverage Group, Inc., Village Tea Distribution Company, Inc.Apr 20, 2017, 09:59 ET
WASHINGTON, April 20, 2017 /PRNewswire/ -- Affinity Beverage Group, Inc. (OTC Pink: ABVG), CEO Janon Costley is proud to announce that its wholly owned subsidiary, Village Tea Company (the Company), is now the official tea and vegan smoothie provider for a new on-campus (Colleges and Universities) food and beverage concept operated by one of the world's largest food service and hospitality companies. The flagship location is slated for an August 2017 launch to coincide with the start of the school year. More details will follow in the coming weeks. The Company continues to expand its hospitality and food-service product lines and is currently working on additional opportunities with other programs, including colleges and universities, hotels, resorts, corporate campuses and other points of distribution.
The Company has also been very busy working on a number of other initiatives that were outlined in the May 2016 update. Including the following:
The Company is happy to announce that it will resume shipments of new orders to new and existing customers in Q2, including Amazon.com, Akins and Chamberlin and others as well as the company e-store, www.villageteaco.com.
The Company has been invited and approved to participate in a pending Carnival Cruise 2017-18 RFP for several food and beverage categories.
Village Tea/On the Move (OTM)/Florida Panthers sales and promo agreement is in place and scheduled to start during the off-season into the 2017/18 season, now slated for all OTM locations across the state of Florida.
Village Tea Company is in the process of completing its annual renewal of its minority owned business certification with the National Minority Supplier Development Council. The Company has been a certified supplier since 2012.
Village Tea Company is currently exploring several funding options, including non-dilutive crowd funding and trade financing to help support the Company's growth and new product development initiatives.
Affinity Beverage Group/Village Tea Company will continue to explore additional opportunities to expand and grow its health and wellness platform in an effort to create maximum value for its shareholders.
Please continue to follow Affinity Beverage Group for further updates.
About Affinity Beverage:
Affinity Beverage Group, Inc. (www.affinitybeverage.com) is a holding company that focuses on branded consumer product acquisition opportunities in the $3.4 trillion health and wellness sector. Affinity primarily targets lifestyle brands, companies, and/or exclusive product distribution rights focusing on traditional and non-traditional, healthy beverage options. Affinity will also seek opportunities involving uniquely positioned young brands specializing in all natural/organic foods, bio-food, supplements and personal care products for strategic partnerships, distribution agreements and potential acquisition.
About Village Tea Company:
Village Tea Distribution Company, Inc. (www.villageteaco.com) sources high-quality, unique teas with distinct flavor combinations and packages them under its Village Tea Company brand name in a variety of creative and earth-friendly ways. The Village Tea Company brand is currently sold in many major retailers throughout North America. The Company is no longer just about tea, as it is also using its unique positioning in the marketplace to create a distribution platform to introduce other complimentary health and wellness lifestyle brands and products to the US market.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above.
Source: Village Tea Company/Affinity Beverage Group
P. 888.406.1138
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SOURCE Affinity Beverage Group, Inc., Village Tea Distribution Company, Inc.
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