$TBEV is pleased to announce that previous management or controlling persons, Michael Holley and Toby McBride, have sold 100% interest in the preferred shares and all voting rights of High Performance Beverages Inc.
A Trademark & Copyright Assignment for the global rights and privileges to High Performance Beverages Inc.'s name will be transferred concurrently to Toby McBride.
This transaction leaves Michael Holley with 28,125,000 shares of restricted common stock and Toby McBride with 28,125,000 shares of restricted common stock. These amounts both reflect and constitute 100% of all positions held by these two individuals on a fully diluted basis. Furthermore, no other individuals, affiliates, or companies related to Mr. Holley or Mr. McBride are in possession of any shares of High Performance Beverages Inc.
The Company is also pleased to announce their intent to officially change the name of the Company to Cascade Dairy Holdings Inc. The Company also plans on facilitating a symbol change concurrent with the compliance of their fully reporting status and all delinquent financial filings in the upcoming weeks.
