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St. Petersburg Community Celebrates HipHopSodaShop.


ST. PETERSBURG, Fla. -- H3Enterprises, Inc.'s (OTC OTC

See: Over-the-counter.


OTC

See over-the-counter market (OTC).
:HTRE HTRE Heat Transfer Reactor Experiment ) new CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Jackie Robinson Noun 1. Jackie Robinson - United States baseball player; first Black to play in the major leagues (1919-1972)
Jack Roosevelt Robinson, Robinson
 met with several influential members of the St. Petersburg community yesterday to discuss the upcoming opening of Warren Sapp's HipHopSodaShop. Robinson discussed what the SodaShops will mean to the area in terms of job creation, scholarship programs and investment opportunities.

This morning, Robinson announced that a local investment group, led by several prominent community officials, purchased a major interest in the new location. They have joined Warren Sapp Warren Carlos Sapp (born December 19, 1972 in Orlando, Florida) is a professional football player for the NFL's Oakland Raiders. Sapp is known for his intense and aggressive defensive plays.  and H3 as the key investors in the project. The investment group was also given the rights to open four more units in the Tampa/St. Petersburg market along with Sapp.

The meeting was held at the first HipHopSodaShop location at 8901 4th Street North. In attendance were members of the St Petersburg Police and Fire Departments, the Florida State Legislature and Mayor's office, several members of the St.Petersburg City Council and local religious leaders.

H3's corporate partners for the SodaShop program including Verizon were also present. Jim Burke, Specialized Services Manager for Verizon addressed the large gathering stating, "We believe in H3's corporate philosophy and look forward to supporting the development of HipHopSodaShop's nationwide expansion program."

Frank Peterman Pe´ter`man

n. 1. A fisherman; - so called after the apostle Peter.
, Jr., a member of the Florida House of Representatives The Florida House of Representatives, one of the two Chambers of the Florida Legislature, is composed of 120 members, each representing a district.

Representatives are elected to two-year terms during even-numbered years.
, opened the meeting by leading the group in prayer. Robinson then took the podium to talk about how the SodaShops can provide a safe and fun "hang out" for the city's youth, as well as a means for people in the neighborhood to invest in their own culture, in their own communities and in themselves. "Just as HTRE gives everybody an equal opportunity to directly invest in the HipHop revolution and participate in the great wealth being generated by our own culture, so too do the SodaShops. The SodaShops give people of all ages and means the chance to become owners rather than spenders, the chance to invest their money and watch it grow for the future while creating good jobs for themselves and their neighbors."

Brian Peters, founder of H3Enterprises, concluded the meeting by stating, "H3 is a way for young people to understand entrepreneurship and to build wealth in our communities the right way by eating healthy, managing money, employing our own and recycling dollars throughout our communities. H3 will be the beacon of empowerment and employment of African-Americans."

H3 will continue the weekly conference call with CEO Jackie Robinson at 12:00 Noon Eastern Time, 9:00 AM Pacific Time.

H3Enterprises is the first publicly traded company publicly traded company

A company whose shares of common stock are held by the public and are available for purchase by investors. The shares of publicly traded firms are bought and sold on the organized exchanges or in the over-the-counter market.
 dedicated to the hip hop culture Hip hop is a subculture, which is said to have begun with the work of DJ Kool Herc, Grandmaster Flash & the Furious Five, and Afrika Bambaattaa.

The four main aspects, or "elements", of hip hop culture are MCing (rapping), DJing, urban inspired art/tagging (graffiti), and
 and lifestyle. H3 is committed to the positive growth of the entire community through business, educational, and investment opportunities. Management has created a business focused on feeding the worldwide demand for everything hip hop and maximizing returns for its shareholders. H3 Enterprises is the owner, creator, licensor, and franchiser of HipHopSodaShops, neTVizon, H3Raps, H3WhiteTeaBeverages, H3Players.com, H3Merchandising, and H3Players' WorldSeries of CyberSports. For more information, please visit www.h3inc.com.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
: 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.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 11, 2006
Words:542
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