High Performance Beverages Comp. (TBEV)

[Wolfofukraine]

The Company plans to issue 263,816,300 shares of Common Stock that would be newly available for issuance as a result of the increase in authorized shares to satisfy conversion of convertible notes in the aggregate principal amount of $21,764.00. Other than disclosed herein, the Company currently has no specific agreements or plans with respect to the additional authorized but unissued shares of Common Stock. The general purpose of the Increase of Authorized Common Stock is to enhance the Company’s ability to finance the development and operation of its business. Further, the Company believes that the decrease in the par value of its Common Stock from $0.001 per share to $0.00001 per share will provide lower filing fees in jurisdictions where foreign qualifications base their fees on the par value of an applicant’s shares.

That's gonna happen tomorrow! Lol mark this post.