TBEV baby! new news today... High Performance Beverage Co. Completes $1.5 Million Dollar Private Placement
Company Revamps Corporate Website As It Prepares For Dual Coast Distribution
Sep 10, 2014 (eTeligis.com via COMTEX) -- CAVE CREEK, AZ, United States, via ETELIGIS INC., 09/10/2014 - - High Performance Beverage Co. (OTC Pink: TBEV) (PINKSHEETS: TBEV) (the "Company") is pleased to announce it has closed its $1.5 million dollar Private Placement financing.
The $1.5 million will come in the form of three separate tranches of $500,000 over the next several months as the company implements its core business model which will also include the introduction of additional beverage flavors and potential "trend" beverage mixtures throughout the year.
The Company still anticipates putting its Throwdown High Performance drink into full production for a dual coast distribution during the month of October 2014.
Toby McBride, High Performance Beverage Company CEO, stated, "We are very pleased to announce the closing of our Private Placement. We are currently awaiting the first initial $500,000 as we draw closer to putting Throwdown High Performance Beverages into full production. Distributors on both east and west coasts are prepared to put TBEV's product line on retailer shelves. "
The Company is also pleased to announce it has completed the revamping of its Company website. Upon initial distribution of TBEV's product lines all beverages will be available for retail purchase on the website.