H3 Enterprises, Inc. (Pink Sheets: HTRE), the world’s first publicly traded Hip-Hop company, announced today that it will be launching the nation’s first HipHopSodaShop in Tampa, Florida on Tuesday December 18, 2007. The HipHopSodaShop franchise is the backbone of the H3 related businesses and encapsulates not only the numerous revenue streams that the company has developed, but also embodies the “community conscious” approach that H3 applies to all of its endeavors.
Dr. Benjamin Chavis, CEO and President, stated, “Tomorrow we are making Hip-Hop history. At the same time, December the 18th will mark the beginning of a new business franchise that will blend the worlds of Hip-Hip and Wall Street. We are about community economic development and the HipHopSodaShop represents the best of the positive attributes of Hip-Hop culture that will provide an entrepreneurial strategy to help our communities overcome poverty. Most record companies and leading artists ‘drop’ albums on a Tuesday. This Tuesday, H3 Enterprises is ‘dropping’ the HipHopSodaShop concept for the whole wide world to enjoy.”
Keith Chutlian, Chairman of the Board, commenting on the historic grand opening tomorrow, stated, “H3 is the only business I have seen that blends culture, profit, and charity by bringing financial empowerment and giving back to H3 communities both on the ground and on the internet. We are creating a real and virtual way to focus the best of hip hop culture into an artistic, interactive, and rewarding experience. Our scalable model encompasses various sectors such as restaurants, entertainment, and technology in the U.S. and abroad to generate phenomenal growth.”
The HipHopSodaShop comes complete with a healthy quick service menu, merchandising, a state of the art recording studio, 30 giant LCD screens, the latest Xbox 360 live video games, and a large area dedicated to competitive on-line video gaming. The first HipHopSodaShop is over 11,000 sq ft and is a modern day cultural arts center where many forms of Hip-Hop can be expressed by patrons and embraced by the community.
It’s a recipe for success: combine popular music with healthful dining options and flavor with socially-responsible capitalism. The eclectic menu includes limited fried foods and no monounsaturated or polyunsaturated (trans) fats. The shop will feature “rap” sandwiches with few carbohydrates and a beverage line made with antioxidant-rich white tea and sweetened with chicory syrup instead of sugar. Clever monikers, sprinkled throughout the menu, are geared to strike a chord with diners while encouraging financial literacy.
The venue, which is less than a mile from the University of South Florida which has over 40,000 students, is located at 1241 East Fowler Avenue, Tampa, Florida. The 11,000-square-foot space has undergone renovations to become a full-service, conceptually-chic restaurant. It is equipped with a recording studio, multiple 4′x 5′ video screens, tableside video-gaming apparatuses and a DJ/MC booth with surround sound. Targeted to a youthful demographic, aged 13-35, the restaurant will hold special events like open mic nights, live HD sportscasts, live outdoor concerts and cyber gaming. The store will also carry clothing, MP3 players and recorded music.

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