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CBEV 88k shares held at DTC, 10k out, says reverse merger Monogram Global Inc

CAPITAL BEVERAGE CORPORATIONNotes to the Unaudited CondensedFinancial StatementsFor the Years ended December 31, 2019 and 2018NOTE 1–BASIS OF FINANCIAL STATEMENT PRESENTATIONOrganization and Description of BusinessCapital Beverage Corporation (“Capital Beverage”) was incorporated under the laws of the State of Delaware on December 5, 1995. On December 30, 2019, Monogram Global Inc. a Delaware corporation (“Monogram”)and (the “Company”) merged with and into Capital Beverage Corporation.

Monogram is a platform providing secured purchase of premium American Whiskey while maturing.The objectives of the company development was a vision to create an open, safe and secure marketplace for value hunters who want to capitalize on the strong and promising future of this spirit. The Company has since developed a blockchain marketplace focusing on safe, responsible blockchain transactions with a high degree of transparency and assurance in certifying the underpinning value of its tokens. The Company integrates whiskey industry experts and blockchain technology experts to bring our customers the finest premium product and value through secure and transparent contract transaction.

On December 30, 2019, Capital Beverage entered into a Share Exchange Agreement (the “Agreement”or the (“Merger”)involving Capital Beverageas the surviving parent corporation and acquiring a privately held Delawarecorporation known as Monogram Global Inc.With the change of control of the Company, the Merger is being be accounted for as a recapitalization in a manner similar to a reverse acquisition

https://backend.otcmarkets.com/otcapi/company/financial-report/240624/content