Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Or for the last two prs multiple sources out of now where start posting news tomorrow and viola news!! I would say that's because of information put out by nitwits at tbev
Connect the dots
Too bad insider information only got 500 mil shares traded and required a 10k Picasso paint job to close at 0003 lmao
Can't wait for as increase to come next
GL!
Or does it mean they will start having the bottles molded? Or start the designing of the bottles or labels? Where exactly does "PRODUCTION" start at? The labels, bottle design, flavors, filling the bottles, etc???
Spot on 100% on everything here. Also very curious on the multiple lawsuits. Tobys lawyer must be pulling out his hair with all this fraud floating around. 800mil shares to the athletes. Lmao like that's accurate. Wonder if these athletes are aware of receiving 100 million shares each or so. One bs explanation leads to more bs. Go figure.
GL
Toby clownshoes Mcbride couldn't even put dethrone in the hands of Johnny Quick when he won the Stanley Cup!!
This press is just another bs forward looking statement protected by the Safe Harbour
Keep slapping that ask the bid has been getting bigger all day!!! Lmao
Saying that and seeing it on paper in audited financials are two completely different things. Compensation has been absurd for three years and to just now after all this time act like its no big deal and was just a mistake is ludicrous. Why not just file the amendment instead of talking about it in more bs press. Who does that? If there are known mistakes they are fixed and amended asap not just talked about. Sounds even more fraudulent because of this. Whoever working for company that wrote this press needs to go back to school
How many months have gone by with this being known and nothing being amended?????
And as far as SS, shares don't get sold by shareholders under the value they were bought at even before shares are unlocked after a RS. So yes THE OS is INSANELY over the reported 212 million. Over a billion plus has been diluted here in a couple short months.
Part 1 page 3 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=10422991
so explain how the same filing shows two massively different compensation numbers?????
So is it $42,237 or $833,561??? And let's not even ask about what any endorsers actually ENDORSED.
Does this sound familiar???
http://www.marketwired.com/press-release/high-performance-beverage-co-plans-dual-coast-launch-while-negotiating-international-pinksheets-tbev-1918111.htm
http://globenewswire.com/news-release/2013/03/21/532588/10026008/en/Dethrone-Beverages-Currently-Being-Sold-in-100-Stores-in-Northern-California-and-Growing-to-750-Stores-by-End-of-April-2013.html
http://dmnnewswire.digitalmedianet.com/article/Dethrone-Royalty-Holdings-Inc-to-Launch-Dethrone-Beverage-on-March-9-2013-in-San-Francisco-Bay-Area-With-Aldon-Smith-of-the-49ers-and-UFC-Lightweight-Champ-Ben-Henderson-2464672
http://globenewswire.com/news-release/2013/01/29/519160/10019614/en/Dethrone-Royalty-Holdings-Inc-Announces-Completion-of-Production-of-Two-Flavors-of-Their-Dethrone-Beverage.html
Ohh and for the compensation BS, athletes were paid in stock, and not very much. So more lies coming from these frauds. Lmao how many accountants quit this Pos already!? Tbev to the moon!!! Lmao more like the boy who cried wolf
Mr mike Holley been informing all sorts of shareholders about news coming this week. Go ahead give it a try already got confirmation myself
What a joke these scammers are
I will leave it up to Joe Vasquez to relay my concerns.
As I hold no common stock and only worthless paper certs I'm not concerned about being lied to anymore, I dealt with that for two years and am more than happy to see this burn to the ground.
Good luck!
Ps nice paint job Picasso!!!
Pps get that to mike and Toby will yA
Errors of not 1 number entry or 2 number entries, but 5 SEPARATE numerical entries in just that one paragraph. Accounting and thus MATH is based on numbers and therefore STATISTICALLY one error in a paragraph of an audited document may be possible BUT FIVE???? No way was this an error. It's just not statistically possible. This was audited and signed off on, that's a triple checked financial. No way FIVE numerical entries were made in error in the entire financial much less a single section.
Toby has some serious questions that need answering and quickly.
Think it's time to ask Joseph Vasquez for an answer to this in that case.
So the ACCOUNTANT is going to amend and admit they put all this paragraph together on their own without knowledge from Toby McBride or mike Holley?
Compensation increased by $872,627, from $364,004 during the year ended July 31, 2013 to $1,236,631 during the year ended July 31, 2014. The increase was primarily due to $375,946 in share based in the current period and none in the prior year and an increase in cash compensation expense of $740,432. All cash compensation was paid to Messrs. Holley and McBride and one sales manager.
Just seems odd they would make such a massive mistake and then separate themselves from the company almost immediately afterwards. Maybe Toby can blame them and say they had a vendetta?
What do YOU think?
We will? And how would a shareholder know this? Or even assume it after 7 months of it not happening?
And what to the stock price manipulation if it was stated incorrectly and left without a retraction for so many months as people sold or bought due to the official filing with the salary increase showing? And why ammend it now? Maybe to cover it up for a legal deposition answer? Texas lawsuit?
Please tell us...
Hahaha like mike and or Toby would ever respond to me. I'm well aware as are you with how that conversation will go. I would much rather reach conclusions with the given information already available in press and filings.
Also, this is not publicly known knowledge so I wonder how you know this to be factual..
Also, By Throwdown not ordering them to stop using their name in email correspondences it places Throwdown as the parent company in liability for the fraud committed by officers of the license holder whether past or present considering they continue to allow the deception to commence with the use of the throwdown name on emails by mike Holley and or Toby McBride
Uhoh! Wonder if they are even aware of this?! Don't worry il make sure they are
Good luck!!
Your welcome. So where did the 1,300,000$ go then? Why only showing 200,000$ odd thousand in cash?? What happened to all that money????travel expenses? Fine cigars?
And with this happening about a year ago wouldn't the revised filing already have been put out???
SHADY
Care to explain the outrageous salaries?? That were supposedly according to mr joe Vasquez a misprint in the filings, or how about the blatant insider information being sent via email by mike Holley to anyone and everyone who decides to send him a message?
I fully believe now that the 800k loan does not even exist. Wouldn't be the first time with Toby. Where are loan terms? Haven't been in any 8k or Q. Nowhere to be found
Cannot believe anything from this one. People will makeup whatever they can to get out without loosing money. Stuckholders trying to bail and it ain't gunna happen!!
Wonder if Joe still trying to convince people that the OS hasn't changed lmao good luck with that one!!! Haha
Yep once a year looking to clear 1.00$ shortly. Good news flowing down the pipeline and with summer coming hopefully more fire ice being sold and used to save lives and property.
GL all
Agreed got a few limit orders myself will take a few mil before cc
No rush here tho attempt to bring it into teens is in full swing
Patience pays
Thanks! Will be lurking til then
Bull out
When is cc here? Looking to take a sizable position
Looking like you may just see that today
What a mover last few weeks
Could be time to get back over a dollar here
20,000$ is a lot of money for an otc, but considering there's over a half Mil in cds converting I'm quite positive orca just turned to bait fish.. Learn to cut your losses. Or one tic flip only way anyone will ever make money here. Bid getting big enough at one to get wiped out quickly
Be careful!
Big news soon!!!
That is hilarious!!!! How bout level2 and seeing it's all DILUTION!!! All vfin selling his CDs for huge gains!!! Wowow cannot believe that is viewed as a good thing!!' Unreal
What a laugh
After all the years tjx2 you actually believe this? After a rs and being worse off and lower than ever??with unlimited shares still coming and CDs holding hundreds of millions??Nothing to show but insane debt. The last pr wasn't even news!!! A beverage company that signed a bottler/co packer?? Like seriously what is a beverage company without that??! What a joke. Greed is one thing we have all been there before but there will never be anything positive with this company but more lies and deceit. Toby played me worse than most and when I came to the realization of the fraud that was being committed and the blatant lies being told I sold and ran for the hills. I lost a lot of thousands here and hate to see others loose money but at this point? Anyone who looses here deserves it for not doing the proper research into these scambags and believing the bs when so many others know and say otherwise.
Definition of insanity: doing the same thing over and over again expecting different results. Pretty much tbev and anyone who continues to have any sort of faith or belief in this scam
GL
0001 and down to 00001. Pretty funny actually
Billions of shares on the way here. Been trying to tell you this. Filings are clear as day
And so far seems like only one sometimes two converters selling stock. Wait for the 3rd to join the party and its game over. And that 800k note will 100% convert anyone saying otherwise has no knowledge in how the otc operates with CDs
GL!
BOOOOOOM what a great few weeks here gltc
So how do you know that notes are clear?? You do know that the endless 50,000 loans they took all convert at 0001 or less??? You understand the amount of actual stock that's coming into the float every day? Converters like vfin can not hold anymore than 4.9% of the total float, hence the constantly increasing amounts of dilution as the share structure gets bigger and bigger he can sell more and more stock at a time.
Lmao obviously the float is not 220m jus de pomme. Prolly already over a billion considering tbev is trading what 100 mil plus daily!? Would say call/email the transfer agent but they have been GAGGED by the company. Send an email anyone to confirm as I was told by them that ONLY the company is now authorized to issue this information. By end of May os will be MAXED 2.5 BILLION not 6 months after rs and they will be forced to increase, prolly to 5 Billion. And by the way cd conversions are making 2-300% gains selling at these levels as all of their stock is sub 0001 sales. All this right in the filings prepared by the one and only CFO Toby Mcbride. Lmao that has a nice ring to it.
I thought we were supposed to get a pr saying that salary figures in financials were wrong? What happened? Nothing from spin master joey V?? Patiently waiting for Toby to announce a beverage run that in all reality will consist of one or two pallets just to pump out more bs press so CDs can sell their endless supply of stock. Ohh and STILL paying 2,000$ per day for over 2 months on defaulted loan! Unreal!! 2 more toxic loans just to clear that issue! Lmao cheers Toby for the most poorly run company on the otc!!! Still embezzling funds thru bank of Stockton and tasha??
Csk I suggest you jump on investopia and see what they have to say about CD and toxic pennies. GL
Since I know I'm listed on the deposition list, I also know that question number 36 or 37 or around there some where (I'm sure Toby can figure it out though) brought up the names of myself, 2 other shareholders, and Toby McBrides fiancé asking in direct connection to wires and insider communications. I am curious how Toby McBride plans on responding to this and some other very incriminating questions in a formal discovery for federal court. Appears to be time to pay the piper.
LOL this would actually require a real and tangible product which does not even exist. Good luck tho!!!
Really not worth your time. The DD is available for all to see in the financials and the dilution will be never ending. Only ones making money are flippers and mike and Toby. Blatant insider information being posted all over the board daily. Mike emails insiders telling them news coming tomorrow and viola! Bs news hits. Amazing. Toby texts and emails his insiders saying don't worry! That 1.3million in two notes won't convert!!! Haha what a bunch of bull! Like anything he has ever said was ever truthful. And trust me I know, took me two years to finally realize that he is nothing but a fraud with no style in yellow shoes. Wonder how many other investors have wired these fools money lately for cheap shares. Too many sadly
Woot woot DISNEY on the power train! 110$ break coming this week
Hahahaha this is the BIG news???? This isn't even news. So a NEW co packer??? Didn't they already have one of these? So what's the point? Really happy news came out today will just send a few more pieces of info to sec and I'm sure the Texas federal lawsuit that hasn't gotten settled btw because Toby has nothing!
Fools need to bring price up for conversions and that's the only real news. Lmao and it continues too funny Toby. Going to look real good in orange one of these days
In what world would the NFL have anything to do with this scam? Toby and mike can't even authorize the shares to lenders!! Hence being over 100,000$$ in default!! What a laughing matter tbev is.
Private messages stating insider information coming and Mike Holley spreading information to individuals that news is coming tomorrow is just as laughable. I hope it does come will be a nice piece to add to the Texas federal lawsuit, which is 100% real and ongoing. No one will ever lend these fools any more money.
Will laugh real hard when Toby produces one single pallet of beverage and blows it up like he is distributing on both coasts. Lmao
And note is 100% converting. Over 50mil dumped by vfin yesterday. read loan terms, reason why not 100's of millions of shares just yet is lenders can only hold 4.9% of the float at any given time. DD. It's out there. 24 million plus sold today 4m buy and another 4$ Picasso for close.
Averaging down is one way I suppose lmao
Toby clown Mcbride gagged the transfer agent. Maybe Joey V knows. Ta said only the company can give out information on the share structure. And for those who won't believe me send an email yourself. With 70-100million volume days you can bet itl be over a billion soon enough. And then the as increase to handle that 1.3 million that's about to hit the market. 3 lawsuits as well as being in default of 2,000$ per day for well over a month now!! More than the actual value of the entire loan!!! Pathetic
And now Toby won't be able to get money from anyone besides the few shareholders who somehow still wire him cash for private placement shares, to his fiances bank account. Truly brilliant. It's coming Toby!!!! Jail that is!!! And yeah yeah you said that already....patience old one it's coming
Ohh they will get filled for certain. In the last Q the note converting Monday and then the following Monday for multiple billions of shares!! Lmao this move down was called before the split too! All the shares will be available for purchase. It's selling that's going to be the tricky part. Retail currently battling conversions to get out.
From green to red in the blink of an eye!! Pump pump pump 02 coming soon!!! Haha Toby really doing a great job! Can't wait for new drinks to launch!!! Bong water must be coming back on the market if 02 is coming. By the way company already diluted 60 MILLION SHARES in first two weeks post split!! And it's just getting started. Holding those gains last week really paying off here!!
AS pre split 2.2 billion, post split 220 million, as of March 11th 280 million, now........PRICELESS!!!!
Toby will never pay any notes off
Don't forget the company is STILL. In default!! Paying 2000$ per day!!! And they are going to pay off notes with what money?? Very ignorant to believe that Toby and co has ANY money left. Audited financials don't lie the only thing Toby knows how to pay is himself. 1.3 million dollars in cash compensation. This is black and white. 20k salary was 2012. Jumped to 350k in 2013 and almost 800k in 2014. There were more than enough notes taken out over this time period to cover these outrageous salaries. The best part is Toby attempting to claim damages, yet it also clearly states in black and white on audited financials that dumb dumb Mcbride started licensing deal with throwdown 4 days before he got out of the dethrone deal. So he just voided his own argument. Will be interesting to see this explained
Straight out of filing
On October 10, 2013, Dethrone Royalty Holdings, Inc. (the “Company”), entered into a license agreement (“License Agreement”) with Throwdown Industries Holdings, LLC, a Delaware limited liability company (“Licensor”), pursuant to which the Licensor granted an exclusive, non-sublicenseable and non-assignable right to the Company to use its trademarks and other intellectual properties (“Trademarks”) solely in connection with the development, manufacture, distribution, marketing and sale of sports performance drinks within the United States and Canada (the “License”) as well as a one-time right of first refusal to license other types of beverages. The Company’s rights under the License Agreement are contingent upon Licensor’s prior written approval of any sports performance drinks developed or proposed by the Company to contain any of the Trademarks (“Licensed Products”).
On October 14, 2013, the licensor in this licensing agreement sent a notice of termination of this license agreement wherein it purposed to terminate this license agreement and demanded licensing fees of $475,000. The Company has asserted that the licensor has repudiated the license agreement and demanded damages of $850,000. This issue has not progressed passed this point and the Company is currently awaiting service of a complaint.
Right in an sec filing. They were signed with Throwdown while still even filing as dethrone beverage on October 10, 2013 and dethrone sent notice of termination 4 days later.
Smoking gun right here
Good luck with coke deal and UA too tho!
Hahaha funniest thing posted yet!!! Coke? Really?? Good luck with pushing that one they would never touch this nor deal with the con artists running the show
Some big court dates coming up this month let's see Toby lie his way out of federal court!! Lmao halt coming soon! GL with those billions in toxic shares coming in two weeks!!!
Pre split price currently 00019 really something to brag about!!!
New high coming today?? Hoping for that split soon! Maybe change in dividend structure as well! Love me some dis!!
This is a flat out lie. In multiple filings it shows salaries over 700k!!! Calling official sec filings false because ir says so?? Because Mcbride still feeding insider information for worthless paper certs
$TBEV shareholders just got screwed twice over here by Toby McBride the OTC CEO SCUMBAG OF THE YEAR!
Now for those that ACTUALLY think they will pay off this upcoming note or that the note holder would ALLOW that to happen The Company may not prepay the principal amount of the Debenture without the prior written consent of the holder of the Debenture.......
Well Id rethink that thought because first off this not is now worth over $1 million dollars ($850,000 in pure profit to the holder) and they and only they have the right to allow payoff prior to conversion.
Then take into account that the ONLY REASON these notes were sold by Toby McBride was to pay their salaries! So if anyone expects them to pay them off think again, they paid themselves off already and the money is gone. Just look at the last financial. Sure cash on hand, barely anything compared to what they received in notes that quarter and yet nothing but salaries to account for the vanishing cash.
Not that this will matter since what's done is done, but with a maturity date of March 27th and terms stating "25 trading days prior" that means the 23rd of February was day one of setting the conversion PPS. The PPS dropped to .0004 at which point that is the lowest standing intra-day trade price in the 25 trading days prior to conversion. This means 60% of .0004 is .00016 and without the consideration of the interest the base $160,000 will convert into 1,000,000,000 shares.
Now this isn't so bad right?
WRONG!
Add into this now the 1:10 RS that will turn about 2.5 billion OS into a mere 250 million OS (NOW according to a recent claim at 280 million, UP 30 million in a week!!!)and leaves the AS at 2.5 billion. Now consider the PPS opens 10x higher from the RS date PPS which was today I believe at .0005 so post RS is .005
Nice right? Got 250 million float and a PPS of .005
EXCEPT there is now a note that converted at .00016 selling 1 BILLION SHARES back into the OS! And this selling will commence POST RS at .005!! This means they START selling a BILLION shares at .005 and are MAKING money until the PPS reaches .00016 (their break even point where they converted)......
So Toby McBride basically just timed this RS in the favor of the converter. And literally managed to give NO ONE but the insiders the heads up to start selling large positions.
$150,000 loan worth $1,000,000 if they only manage to average the dump at .001 - now that's a nice payday!
Also the OS will be back to 1.25 billion before the April note converts so still best get ready for another RS or an AS increase.
Sad these notes were only taken to pay their salaries, what was it in the last quarterly? Like $347,000 in salaries for the quarter ending October 2014? That means ANOTHER annual SALARY INCREASE! That works out to about $1.3 million now in combined annual salaries.
And now no one can bail before the stock trades again in 15-20 days. By which time the pps will be down 50% as usually occurs after a RS on the otc.
And this is the smaller of the notes converting. Still some pretty HEAFTY ones in April and May.
Read it for yourselves, this is not funny, this is Toby McBride at his best screwing his shareholders not only with a RS but one timed perfectly for the note holders conversion!
http://www.sec.gov/Archives/edgar/data/1504222/000121390014006283/f8k082214_highperfomance.htm
Item 1.01. Entry into a Material Definitive Agreement.
On August 27, 2014, High Performance Beverages Company, a Nevada corporation (the “Company”), entered into a securities purchase agreement (the “SPA”) with an investor (“Purchaser”), pursuant to which the Purchaser purchased a debenture (the “Debenture”) with a principal balance of $160,000 for a purchase price of $150,000. The Company agreed to pay $10,000 to the Purchaser for its legal fees and expenses.
The Debenture matures on March 27, 2015 (“Maturity Date”) and bears interest at the rate of 12% per annum, payable on the Maturity Date. All overdue accrued and unpaid interest will entail a late fee at an interest rate equal to the lesser of 18% per annum or the maximum rate permitted by applicable law. The Company may not prepay the principal amount of the Debenture without the prior written consent of the holder of the Debenture.
The Debenture is convertible into shares of the Company’s common stock at the option of the holder at a conversion price equal to the lesser of (i) $0.01, subject to adjustment therein and (ii) 60% of the lowest intra-day trade price during the 25 trading days immediately prior to a conversion date. The Company shall not effect any conversion of the Debenture to the extent that after giving effect to such conversion, the holder would beneficially own in excess of 4.99% of the number of shares of the common stock outstanding. The holder, upon not less than 61 days’ prior notice to the Company, may increase the beneficial ownership limitation to 9.99% of the number of shares of the Company’s common stock outstanding.
Shareholders at $TBEV just got screwed!
And now salt is being added into the losses already there by a P&D crew using a period where MANY of the shares in the float are NOT tradable making it easy to manipulate massive gains, but all an ILLUSION based on the FACT that out of the 280 million OS there are probably 250 million at street level still not settled to trade after the RS.........