XSTREAM BEVERAGE NETWORK INC (fka XSBV)

[ammobox]

Good Morning tazzo, Do you mind changing the Ticker symbol from
(OTCBB:XSBV - News; OTCBB:XBVG)

XStream To Complete A Reverse Split
one for 400 reverse stock split
Monday August 6, 5:47 pm ET
http://biz.yahoo.com/bw/070806/20070806006241.html?.v=1

I was wondering why I couldn't find it anymore. Updating my watch lists and this one fell between the cracks LOL

Thanks in Advance

ammobox

[strongstock]

XStream Beverage Network, Inc. Announces Restructuring Program
Company Appoints Interim CEO

In an effort to improve its short- and long-term financial condition and create greater shareholder value, XStream Beverage Network, Inc. (OTCBB:XBVG), formerly (OTCBB:XSBV), today announced a comprehensive restructuring program.

The Company further announced it has named Ron Ratner as interim president and CEO of the Company and a member of its board of directors. Most recently Ratner served as Executive Vice President of Networth Acquisitions Inc.

“The recent sale by XStream of it’s Maryland distribution center, Xstream Beverage Network of Maryland, Inc., is a step in the right direction in changing the company's focus. By not having to worry about distribution we can now concentrate on our brands,” said Ratner.

Ratner went on to say, “I am very optimistic about this new direction and will continue to work with our debt holders, the majority of which have been very cooperative in our efforts to bring about an effective and mutually agreeable resolution of any outstanding matters.”

XStream is also currently involved in discussions with several companies, as possible acquisition or merger candidates.

This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors include failure to complete successfully the development of new or enhanced products, the successful implementation of acquisition program, the Company’s future capital needs, the success of competitive products, fluctuations in costs, changes in consumer preferences and other items described in the Company’s Securities and Exchange Commission filings. The Company undertakes no obligation to update any statements in this press release.

XStream Beverage Network, Inc., Aventura
Ron Ratner, 786-787-0441
[e-mail]


Source: Business Wire (August 6, 2007 - 5:17 PM EST)

News by QuoteMedia
www.quotemedia.com

[john wayne]

O/S will be 195,000? Wow. Any idea if A/S remains unchanged?

[bUrRpPPP!]

r/s AVENTURA, Fla.--(BUSINESS WIRE)----
XStream Beverage Network, Inc. (OTCBB:XSBV) (OTCBB:XBVG) announced
today that its Board of Directors and the holder of a majority of its
issued and outstanding voting securities has approved a one for 400
reverse stock split of the company's outstanding common stock. The
split will be effective at close of business today and the stock will
trade on a post-split basis at market open on Tuesday, August 7, 2007.
Effective with the reverse stock split the company's trading symbol on
the OTC Bulletin Board will change to "XBVG" and the new CUSIP number
for its common stock will be 98415K306. XStream Beverage has
approximately 78,167,341 shares of common stock outstanding before the
stock split which will be reduced to approximately 195,418 shares
giving effect to the split. Any fractional shares which might result
from the split will be rounded up to the nearest whole share.
Stockholders of XStream Beverage are not required to exchange their
stock certificates representing the number of shares pre-split for new
certificates representing the number of shares owned by the
stockholder post-split as the company's transfer records will be
automatically adjusted for the stock split by InterWest Stock
Transfer, XStream Beverage's transfer agent.

[Drugdoctor]

XSBV a bargain at .03?

[kristianw]

Charts not lookin bad.
http://stockcharts.com/h-sc/ui?s=XSBV&p=D&b=5&g=0&id=p36424326655

[Drugdoctor]

Yea, they have used some shares to pay some expenses, it's in the 10K filing... However, they have suspended all their operations, so they are now a GBVS holding company with 25k income per month and some debts... WE need a nice rally in GBVS and this one flies!

[kristianw]

It appears they have diluted a little also.. with the Outstanding up to 56 million.

[strongstock]

I'm Holding still. Thanks for the update :)

[Drugdoctor]

The 10K filing is out... I read the whole thing and their financials were a mess... So basically they replaced all their operations with 60.5 million shares of GBVS stock, and got a cash infusion of 229,000 dollars, and will get 25,000 per month to maintain the company with, while they hold the GBVS shares as their main asset. If GBVS shares run to $1 a share in the next 9 months, XSBV will be an extremely valuable company, because they will be able to pay off all their debts, and the stock would be worth 60 million dollars to XSBV as a company. With about 12 million dollars in debt, a liquidation now of the GBVS shares would result in about nil for shareholders, thus, the .04 value of XSBV shares now.

However, if the GBVS stock rallies to about .50, I estimate the value of XSBV shares will be worth at .least .20 to .25 per share OVER THE DEBT that GBVS owes!

So they won't get my XSBV shares at .04... NO WAY... Go GBVS!!!! Use those assets from XSBV and grow those REVENUES!

[Drugdoctor]

Nice close of XSBV at .06 - maybe there is hope after all! The 10K filing is due out Friday I believe, should answer a lot of questions here!

[Drugdoctor]

XSBV - I stole some shares at .025 today, bid .025/ ask .06 lol, so I decided to bid for 56,000 shares... I got em! I guess someone just got tired of waiting, lol...

I'm already holding to see what shakes here, so why not hold cheap shares too?

[Drugdoctor]

XSBV will discuss the GBVS transaction in the 10K filing...

PART III - NARRATIVE

State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR or N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

REGISTRANT'S PREPARATION OF THE FINANCIAL DATA WAS DELAYED THROUGH THE NECESSARY INCORPORATION OF INFORMATION RELATING TO SUBSEQUENT EVENTS, PARTICULARLY THE GLOBAL BEVERAGE SOLUTIONS TRANSACTION. CONSEQUENTLY, WE WERE UNABLE TO FILE ON THE CUSTOMARY FILING DATE.

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001116502%2D07%2D000711%2Etxt&FilePath...

[strongstock]

I XSTREAMly hope we get some news soon
Give us word!

[Drugdoctor]

The chart certainly looks like the bottom is in here... It appears that everyone is willing to wait for more info now before selling... I think the CEO should tell his shareholders his intentions as to dividends, future plans, etc.

[avinanyc]

According to terms of the merger agreement, XStream Beverage will receive 60,500,000 shares of Global Beverage common stock..

GVBS 0.32 ==== $19,360,000

[kristianw]

Check out this chart..

http://stockcharts.com/h-sc/ui?s=XSBV&p=D&yr=0&mn=3&dy=0&id=p30801243674

[Drugdoctor]

GBVS is back to where it was when XSBV was trading at about .10!

Any more rally in GBVS and XSBV will have to rise, just because of the rise in 60.5 million GBVS shares it is holding, imo...

I can easily see GBVS running to .50 and XSBV running to .15 or .20 when that happens... Fasten your seat belts folks!

[kristianw]

Slow day today.. no trades

[avinanyc]

Rudy Beverage Taking Sales a Mile High at King Soopers Markets Throughout Colorado
Thursday March 15, 9:29 am ET


SCOTTSDALE, AZ--(MARKET WIRE)--Mar 15, 2007 -- Rudy Beverage, Inc. (RBI), a portfolio company of Global Beverage Solutions, Inc. (OTC BB:GBVS.OB - News), today announced that all New Age Beverage Distributors servicing King Soopers, a Kroger Company grocery store chain, in the state of Colorado have agreed to carry Rudy Beverage's 32-ounce Rudy Revolution(TM) healthy alternative sports drink formulated with the sugar supplement natural sweetener Xylitol. Over 100 Kroger Company stores in Colorado, including select City Market supermarkets -- another Kroger Company grocery store chain serviced by New Age Beverage Distributors -- will participate in the new product placement.
It is anticipated that "Rudy" Ruettiger, University of Notre Dame football legend and cofounder of Rudy Beverage, Inc., will make special guest appearances in support of the Colorado rollout later this month.

"Our company is exceedingly pleased to have King Soopers throughout the state of Colorado carrying Rudy Beverage's new 32-ounce healthier sports drinks with Xylitol, Rudy Revolution(TM). We are proud to be working with a company that shares our commitment to offering their customers products that promote health and better nutrition," commented Drew Carver, President of Rudy Beverage, Inc. He continued, "Reception to our Rudy Beverage lines has been tremendous lately. Since the availability of the 32-ounce bottles we have seen a significant increase in orders placed. We are also pleased to note that Arcadia Farms, our bottling partner, has implemented improvements to the production lines that have optimized and increased their manufacturing capacity to meet the expected demand. It is fantastic to see the excellent progress being made with the new bottling and distribution systems."

If you would like to receive e-mail announcements about Rudy Beverage, Inc., additional information, or contact a representative directly, please visit us on the web at: http://www.avcg.net/profile/gbvs.

[avinanyc]

Investorstockalert.com Announces Profile Launch of Global Beverage Solutions, Inc.
Monday March 12, 8:00 am ET


WELLINGTON, Fla., March 12, 2007 (PRIME NEWSWIRE) -- Ken Weiner, Publisher of Investorstockalert.com, today announced profile coverage of Global Beverage Solutions, Inc. (OTC BB:GBVS.OB - News). The profile is a comprehensive look at the company's growth initiative. You can view the complete profile at http://www.investorstockalert.com/investor-stock/profiles/gbvs/index.php
About Global Beverage Solutions, Inc.

Global Beverage Solutions, Inc. (OTC BB:GBVS.OB - News) invests in a portfolio of companies in the beverage industry. Its portfolio companies include EON Beverage Group, Inc. and Rudy Beverage, Inc. For additional information, please visit http://www.globalbeveragesolutions.com

[strongstock]

Looks like we're comming back a bit :)
They walked this down on nothing!

[Drugdoctor]

My impression is that XSBV is basically a shell corp at this time. I don't know how much of the balance sheet of XSBV was acquired in the merger, re- debts and liabilites of the Distribution Network. So I assumed Farnsworth would be assuming most duties as the possibly the distribution was done, then the shell could be merged with some other operating company, imo.

But I am assuming all of this...

GLTY

[kristianw]

From the 8-k filed on the second.. Who's the new president?

As part of the transaction specified in Item 2.01 hereinabove, Jerry Pearring, the Company’s President and a member of the Company’s Board of Directors resigned from his positions with the Company, effective February 23, 2007. Mr. Pearring leaves the Company to become a member of the Board of Directors of Global Beverage and will be Global Beverage’s Chief Executive Officer, both effective February 23, 2007.

[Drugdoctor]

Yep, now that would be a huge coup for shareholders here, declare a spinoff of GBVS shares to XSBV shareholders. 1 GBVS share for each XSBV share, the remaining shares could be used by the company to pay off debt, etc...

That would make the XSBV shares rally... But announce it soon, if that is to happen!

GLTA

[strongstock]

That would be BEAUTIFUL

[kristianw]

I am also hoping for a GBVS share dividend.

[strongstock]

I'll do the same :)

[Drugdoctor]

No, but I might Friday... I'll post anything I find out.

[Drugdoctor]

Don't worry about a $150 trade today at .03.. This is just a ploy for someone to try to get some capitulation shares. If there was big volume dumping, I might be worried, but you have to realize, this company holds 13.3 million dollars in GBVS shares at current undervalued price of GBVS. So I'm sorry, a $150 dollar fake dump just isn't going to shake me, lol...

Let's just pull for GBVS shares... That's why I bought back into this company anyway...I thought it is/was a GBVS play...

GLTA

[strongstock]

Have you tried contacting them? I haven't had any luck yet.

[kristianw]

I'm stuck holding as well.. in at .06 I think this is way oversold and will bounce.

[Drugdoctor]

Well, it's time for Farnsworth to put up or shut up....


"We believe this transaction will enable us to reduce our debt and further enhance value for our shareholders," said XStream Beverage Chairman & CEO Ted Farnsworth. "Once our debt is satisfied, we intend on exploring various options on how we might benefit our shareholders including possible distributions and dividends."


Well, as the stock sinks slowly toward oblivion, no one wants to buy it because there is no compelling reason...

At least give us a game plan!

[strongstock]

Good luck to you too!
Hope CHNW starts rocking to make up for this!!

[Drugdoctor]

I'm a stuckholder here too, lol... If they think selling 5000 shares is going to shake em loose from me at this price, they better think again. Nope, I want to wait for the 10K filing, and see just what the assets and debts were at year end.

Then I will decide what I think I need to do here, but I still think the stock will trade over .10 again based on assets with the GBVS stock. I also think that if GBVS has a nice rally, which it has a history of doing, that XSBV will suddenly take off one day also...

I may try to buy some shares down here, but I bet they sell you 5000 and raise the ask down here, lol.

GLTA

[strongstock]

MAN! They're really walking this thing down! Guess I'll hold and hope... I think the company's got a real shot at doing well.

[Drugdoctor]

Here is the deal - XSBV just acquired 60 million GBVS shares valued at .26 each. XSBV trades for .06 and has 45 million outstanding shares, therefore each XSBV share should be worth .26 at least?

http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001116502%2D07%2D000411%2Etxt&FilePath...

[strongstock]

Interesting... this is along the same lines as what I am thinking. Stock is now very undervalued; but will word get out on the street? This is a patience play for sure! Tried contacting XT with no response yet...
peace

[Drugdoctor]

XSBV as a GBVS "stock option"? Since XSBV is now the largest shareholder of GBVS, wouldn't you consider XSBV shares, basically a warrant of GBVS? So if there is basically 1 GBVS share worth of equity per share of XSBV, imo, wouldn't a .10 rise in GBVS be worth .10 to XSBV?

So a move by GBVS from .28 to .40 may very well be worth .12 per share to XSBV? .07 to .19? Can this be true? Why wouldn't it?

Anyone?

That's why I was astounded when whoever sold late today. They must have really needed the cash. I expect these shares to rebound sharply as the intrinsic value of XSBV is recognized by the market.

jmho

CH

[Drugdoctor]

I just looked at the financials and found about 5 million dollars in total debts. If you divide that debt by .28, it would take 17.8 million GBVS to pay that off. I would assume the 2 million dollars in cash will go to executives as compensation expense.

That still leaves 42 million shares + the drinks XSBV owns, therefore I still believe that the XSBV shares should easily be worth .26 per share or more. The statement is....

XStream Beverage Chairman & CEO Ted Farnsworth said that the sale of its subsidiary will enable XStream Beverage to reduce its debt and further enhance shareholder value.

"Once our debt is satisfied, we intend on exploring various options on how we might benefit our shareholders," said Farnsworth. "This could include possible distributions and dividends."

I'd like to know the timetable for these distributions and dividends, because the company will continue to incur filing expenses and other expenses, and it's only source of income will be possible appreciation of GBVS shares. I will address that in my next post!

[strongstock]

frustrating!!

[Drugdoctor]

I just bought back in today after I did the math again, now I'm a bagholder too. I tried to get those .07's to average down, but they quit selling em when I bid for em

[strongstock]

I've held this long... I ain't about to let go til we see some value!

[Drugdoctor]

They won't get me to sell, I want to see a 10Q filing.. asset value?

[strongstock]

beats me! Maybe mms know its a deal... tryna scare us????

[Drugdoctor]

.07 ? And the stock is worth .34? Why would anyone sell?

[Drugdoctor]

I just think the story is not out there yet.

[Billybob_TX]

They could spin out the shares 1-1 and still have 25M or so in the pocket! NOBRAINER IMO

[Drugdoctor]

I agree timmage - I am buying XSBV because I have maintained all along that XSBV will be worth the same per share after the merger as GBVS! Looks like that is about .37 per share if my numbers are correct!

XSBV + GBVS - Rudy Beverage and Xstream Beverage merger complete- now XSBV is a 60 million share owner of GBVS - and XSBV only has 45 million shares outstanding.. GBVS trades for .28 per share and XSBV trades for .11? So wouldn't XSBV be worth .37 per share since each XSBV share is worth 1.33 GBVS shares?

Is this a NOBRAINER?

XStream Beverage Network, Inc. Completes Sale of Wholly Owned Subsidiary to Global Beverage Solutions, Inc.
Thursday March 1, 8:30 am ET


FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--XStream Beverage Network, Inc. (OTCBB:XSBV - News; "XStream Beverage") an emerging developer, marketer and distributor of new age beverages, today announced it has completed the sale, pursuant to a merger transaction, of its wholly owned subsidiary, Beverage Network of Maryland, Inc., with a subsidiary of Global Beverage Solutions, Inc. (OTCBB:GBVS - News; "Global Beverage"). Global Beverage is a registered business development company (BDC) which invests in a portfolio of companies in the beverage industry. Among its current holdings is Rudy Beverages, Inc., founded by Notre Dame Football player Daniel "Rudy" Ruettiger.
ADVERTISEMENT



According to terms of the merger agreement, XStream Beverage will receive 60,500,000 shares of Global Beverage common stock. In addition, Global Beverage will issue a $2 million note payable to XStream Beverage. The transaction was effected through Global Merger Corp., a wholly owned subsidiary of Global Beverage.

XStream Beverage Chairman & CEO Ted Farnsworth said that the sale of its subsidiary will enable XStream Beverage to reduce its debt and further enhance shareholder value.

"Once our debt is satisfied, we intend on exploring various options on how we might benefit our shareholders," said Farnsworth. "This could include possible distributions and dividends."

XStream Beverage first acquired the assets of Beverage Network of Maryland, Inc. (formally Master Distributors, Inc.) in July 2004. Beverage Network of Maryland, Inc. had revenues of $10.2 million in 2005 with EBITDA of $426,000.

Farnsworth said that XStream Beverage also intends to sell its brands in a separate transaction.

"We feel that with all the interest in the New Age beverage category this is the perfect time to take advantage of the demand for quality products, specifically those that fit growing niche markets such as the energy drink sector," Farnsworth said. "Other entities have already expressed keen interest in our Maui Juice, Chinese Rocket Fuel and Squeeze Soda brands."

Now that the merger is complete Farnsworth will continue to serve on XStream Beverage's board of directors.

XStream Beverage President Jerry Pearring will step down from his executive and board positions at XStream Beverage to serve on the board of directors of Global Beverage and become the Chief Executive Officer of Global Beverage following the transition.

"We want to assure our shareholders that XStream Beverage is a very viable entity which will own a major stake in Global Beverage," said Pearring. "The combined entities create an outstanding platform to further develop our unique branding and distribution strategy."

About XStream Beverage Network, Inc.

XStream Beverage is an emerging brand development and distribution company in the fast growing $21 billion "new age" beverage industry. XStream Beverage develops markets, sells and distributes innovative new age beverage natural sodas, fruit juices, and energy drinks. In addition, XStream Beverage also operates as a wholesale distributor of highly recognized third party new age beverage brands such as Fiji Water, Arizona and Welch's.

[Billybob_TX]

Shouldn't this deal value XSBV closer to GBVS?