WHAM Inc (OTCPINK: WFMC, the "Company"), Woodman Holdings (WHAM Inc), announced today it has entered into an agreement to acquire Nevada based R3 Sport LLC for $2.5 USD million in WHAM Inc. stock, effective May 15th, 2012.

We are thrilled to add R3 Sport LLC to our growing family of companies and we have great expectations for its future,” said Israel Vasquez, President and COO of WHAM Inc. As part of the transaction, all existing relationships are expected to continue in the future. “The current management team at R3 Sport LLC, led by Sid Saldanha, has done a commendable job of developing this company, and we look forward to working with his team to carry our combined business to the next level”, said Abigail Peurifoy, CEO and Chairwoman. Mr. Saldanha and his team have in excess of 25 years experience and expertise with various apparel groups.

As part of the transition Sid Saldanha, will become Vice President of Merchandising/Sales and Simone Adams Mathis will become Assistant Vice President if Design & Marketing of WHAM Inc.

About WHAM Inc

WHAM Inc is a diversified holdings company established for the purpose of investing in or acquiring businesses and distressed asset classes. Our mission is to seek global investments and explore innovative financial solutions that provides value and creates wealth for our shareholders and the communities that we operate in. We have a long-term investments horizon and align our engagements to the values of our mission.

About R3 Sports LLC

R3 Sports LLC is a Nevada based designer, manufacturer and distributor of corporate apparel. R3 Sport specialize in designing, producing and servicing brand labels, import companies and retailers both in the US, Canada and Europe.

Forward-Looking Statement

This Press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the forward-looking events and circumstances discussed in this press release might not occur, and actual results could differ materially from those anticipated or implied in the forward-looking statements.

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