High Performance Beverages Comp. (TBEV)

[gassspipe]

"impending spinoff" reported in filing. Under Item 4, Purpose of the transaction, it's reported:
"The shares acquired by the Reporting Person were issued for the purpose of acquiring an interest in the Issuer pursuant to a spinoff transaction, notwithstanding the Reporting Person’s role as an executive and director of the Issuer."

So, the two directors issue themselves 600 million shares prior to an "impending spinoff".

Something is developing.