Affinity Beverage Group Announces LOI for New Acquisition

Washngton, DC -- February 24, 2017 -- InvestorsHub NewsWire -- Affinity Beverage Group, Inc., (hereinafter “The Company”) a publicly traded company under the ticker symbol (OTC Pink/ABVG - News,) announced that it has executed a letter of intent to acquire a majority interest in Undone Chocolate, LLC (hereinafter, “Undone"). Undone Chocolate (www.undonechocolate.com), headquartered in Washington, DC, is the owner of the Undone brand of premium 100% organic certified vegan chocolate bars, cacao tea and drinking chocolate. Undone, founded in 2014 was Washington, DC’s first craft chocolate maker. The cacao and other ingredients used in the product is 100% Organic, Vegan, Gluten Free, Soy Free and directly sourced (3x Fair Trade) and handcrafted from scratch (bean to bar) with no added fats or emulsifier. Since its launch in late 2014, Undone Chocolate has sold over 55,000 chocolate bars to retailers such as WholeFoods Market, Mom’s Organic Market, Yes Market and many others, including hotels, restaurants and specialty stores. According to the latest research, the global chocolate market is growing by 5% annually, with increasing popularity of dark artisanal chocolate. The artisanal chocolate market is outpacing mainstream chocolate, growing at a rate of 8.4%, with the overall organic market growing at rate of 20%. The US craft chocolate market alone is over a $100M in sales annually.

“Everyone loves chocolate, especially great tasting Chocolate that is both “better” for you and socially responsible. To date, Undone has done a tremendous job of developing a fantastic product line that we feel fits squarely into our health and wellness platform where there are a lot of potential synergies with other projects and initiatives that Affinity and its subsidiary, Village Tea Company are currently pursuing. In fact, Village Tea Company, already has a working relationship with the Undone as a broker and distribution partner. So it understandable why we are extremely excited about the potential of adding this line of business to our growing portfolio of health and wellness lifestyle brands”, stated Affinity CEO, Janon Costley. The Company is completing final due diligence and anticipates a closing date in the very near future. More details will follow at that time. Please continue to follow Affinity Beverage 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 Undone Chocolate:

Undone Chocolate (www.undonechocolate.com) is a bean to bar craft chocolate maker based in Washington DC. We handcraft small batch chocolate from organic and direct trade cacao sourced from small producers that are packaged in bars, drinking chocolate and tea then sold to grocery, specialty stores, hotels and restaurants across the country under the Undone brand.

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.

Contact:

P. 888.406.1138

Email: info@affinitybeverage.com

Twitter: @affinitybev

IG: @affinitybeverage

FB: @affinitybeverage

Affinity Beverage (CE) (USOTC:ABVG)
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