High Performance Beverages Comp. (TBEV)

[Trth4Sail]

FINRA is a different entity than the SEC, but FINRAS reason for not approving RS is possibly connected to SEC questions but also probably had to do with less than a year ago the AS was 500 million, OS and float nearly maxed out.

Then they increase the AS a and immediately OS was near maxed out and subsequently since then the float has been FULLY DILUTED.

THEN all of a sudden Toby and Mike give themselves Preferred shares and request a RS of the common?

Well FINRA just got done INCREASING their AS less than a YEAR earlier.

That combined with SEC issues that I'm sure are coming to a close was enough to deny a RS.

So simplified.

Raise the AS from 500 million to 2.5 billion
MAX out the OS within months
Issue management preferred shares
Request FINRA to reduce the OS (not AS) to 250 million
All within LESS than a year???

Yeah nice try Toby!

$TBEV