High Performance Beverages Comp. (TBEV)

[Highlander_1]

Their annuals have clearly indicated that they rely on outside professional advisors for assistance with management... in fact they recently upgraded their SEC Law Firm, CPAs, packaging, and bottling partnerships as well as established an Advisory Board... and some are speculating that they may be moving to an IR firm...

I'm excited to see who they partner with going forward as they begin national distribution... I'll continue to reserve judgment until I can make an informed opinion... based on actual information rather than exaggerated speculation or cast aspersions... until then, based on their track record over the last seven months I'll give them the benefit of the doubt rather than jump to conclusions and/or assume the worst...

"Toby McBride and Michael Jay Holley, our principal officers, have no significant experience managing a public company and no meaningful accounting or financial reporting education or experience and, accordingly, our ability to meet Exchange Act reporting requirements on a timely basis will be dependent to a significant degree upon others.

Messrs. McBride and Holley have no significant experience managing a public company and no meaningful financial reporting education or experience. They are and will be heavily dependent on engaging and dealing with outside professional advisors, primarily lawyers and financial advisors/accountants who are and will not be affiliated with our independent auditors. We have no formal arrangements with professionals and cannot provide any assurances that we will be able to establish arrangements with professionals on terms or costs that are acceptable or affordable to us."

2014 10-K: http://www.sec.gov/Archives/edgar/data/1504222/000121390015000500/f10k2014_highperformance.htm