High Performance Beverages Comp. (TBEV)

[StocksNcash]

From yesterday's PR it's states Reverse split is NOT AN OPTION!!

Toby McBride, High Performance Beverage CEO, stated, "We are extremely grateful for the work that has been done by both Pro Prom and Girardin International Marketing and Consulting Group for the meetings set up with Walmart executives. While optimistic, we realize that with fast potential growth come many challenges that will need to be addressed. With that in mind, I would like to briefly address the Company's recent decision to increase its authorized shares. While we understand our shareholders concern, the increase is not necessarily reflective of the Company's intent to dramatically increase its outstanding shares. Rather, we felt it necessary to be proactive and prepared in the event of our decision to utilize our previously announced $5 million credit facility. Should that become necessary, it would be related to significant progress with our operations, inventory controls, distribution and sales. We would view that as a significant positive for our company. ((Our only other alternative would have been to do a reverse split in order to create reserve shares and that was not an option. ))

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