Sunset Brands, Inc., Announces Reverse Stock Split/Acquires HAF/Names New Executive Officers Effective January 26, 2012

Sunset Brands, Inc., (SSBND), a Nevada corporation, announced today that it has filed a Certificate of Amendment to the Company’s Certificate of Incorporation with the Secretary of State of the State of Nevada to effect a 1-for-500 reverse stock split of its common stock that will become effective at 12:01 a.m. Eastern Standard Time on January 26, 2012.

The reverse stock split will reduce the number of shares of the Company’s outstanding common stock, par value $0.0001 per share, from approximately 2.8 billion to approximately 5.6 million. The reverse stock split-adjusted shares of the Company’s common stock will continue to trade on the Over the Counter (OTC) markets “pink sheets” as SSBND for approximately 20 trading days, after which point it will revert to SSBN.

Fractional values will be rounded up. Stockholders entitled to fractional shares as a result of the reverse split will receive whole shares.

On January 18, 2012, Sunset acquired 100% interest in HAF Investment Holdings, LLC, a Delaware Limited Liability Company. HAF has over $1 billion in assets under management.

The company has new appointments of Officers of the Corporation as follows:

SSBN CEO Alan L. Speck stated, “This acquisition and the reverse split are important steps to help position us going forward, for the company’s growth, and to increase shareholder value. They will also help us to effectively pursue our business plan of acquisitions and investments. We will have additional announcements in the near future as we work to grow our businesses.”

Sunset Brands, Inc., is a diversified financial services firm focusing on acquisition and investment in federally insured banks, mortgage companies, real estate, title insurance, insurance, and management and consulting service primarily in the Southeast United States.

Sunset Brands, Inc., is headquartered in Jacksonville, Florida.

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