(OTCQB: FBEC) Frontier Beverage Company subsidiary 22 Social Club Productions has today announced the signing of a Production Partnership agreement with Vinyl Groove Productions for the production of Live Concert Events.
22 Social Club Productions has signed a Production Partnership agreement with Live Event Production Company Vinyl Groove Productions for the production of 13 live event shows through 2015. The terms of the contract include 22 Social Club Productions participation as an Executive Producer and Investor and will receive between 50% - 70% of the profits (to be determined on a deal by deal basis). The company will produce 10 small to mid-size events and 3 medium to larger events. The first event is slated for June 14 at the Westhill High School Auditorium in Stamford, CT, featuring Britishmania (Beatles Tribute Band) and Empty Sky (Elton John Tribute). Additional details are available at www.STAMFORDCONCERTS.COM.
The contract calls for shows every 90-120 days as the partners will hire local event producers to join their network and are currently in discussions with potential event sponsors.
In other news... Frontier Beverage has offered William Coogan a management contract to remain with the company until August 31, 2014 and to assume the titles of CEO, COO and Board Member. Mr. Coogan has agreed to a salary of $1.00 and a stock bonus.
"Frontier Beverage is a great company with great potential and I believe we can all be successful if we get aggressive and work hard to achieve our goals! This June 14 date is the first step towards making that happen," stated William Coogan, CEO/COO of Frontier Beverage.
22 Social Club Productions, Blue 22 Entertainment - Continued growth through live event production, artist booking/management services, merchandising, publishing and licensing services, music and film distribution and the development of broadcast programming products, as they seek new acquisitions and partnerships in the Entertainment, Technology and Beverage industries.
This press release contains forward-looking statements. Such forward-looking statements are subject to a number of risks, assumptions and uncertainties that could cause the Company's actual results to differ materially from those projected in such statements. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly revise any forward-looking statements.
#FRONTIERBEVERAGE - TWIITTER
SOURCE: Frontier Beverage Company, Inc.