Let's see....
The same people behind Takeover Industries ran High Performance Beverages (TBEV). During this time they raised over $2.8 million in toxic debt through convertible notes. For that $2.8 million they completed ONE $80,000 PRODUCTION RUN!
They put the product on Amazon, and very similar to LTNC "cult" of TBEV shareholder's they developed, started posting the product all over social media. When they started selling on Amazon, they had over 200 positive reviews before anyone had received the product. Shareholders bought so much product they made it an Amazon Best Seller!
Toby McBride has a friend that is a sports agent with NFL players mostly with the New England Patriots (which is how he met Brady's trainer Alex Guerro). The agent got a few NFL and Patriot players to endorse the product at a time when New England had just won a Superbowl.
Then a stream of press releases fed the mob. Distribution agreements for Mexico (that never hapened), record sales, etc., etc. etc.
Stock ran from .0003 to .003 during this time
So.... You would think this was a success, right?
It was until the following happened.....
Their audit firm quit after finding out they were submitting phony invoices.
They started posting pictures on their personal social media accounts showing new trucks, new boats, new motorcycles, etc.
They started posting pictures of vacations to Hawaii and their infatuation with Sasquatch hunting.
McBride created a iHub account to communicate with posters and began selling his personal shares through private stock transactions to posters
And.......
All the toxic notes started converting.
Certainly, had they spent the money the right way, they should have been abe to keep the ball rolling with additional production runs and continued sales, but they spent the monies on themselves and could never do a second production run. They never had any retail distribution only online sales and with convertible notes diluting the hell out of the stock, the stock price declining, and no money to do a second production run.....
The company went down the toilet.
Ultimately, they sold the shell to another company, Cascade Dairy, but as soon as they took over, they were diluged with lawsuits and liens (from the toxic note holders that couldn't convert and creditors) that had never been disclosed to them. Additionally, McBride and Holly refused to turn over the books (wonder why?) making it impossible for Cascade to ever bring the Company current in their filings.
So, TBEV will forever sit in eternal Hell with zero hope for survival.
These are the people that are now the "LTNC Team!" that you are betting is going to make the H2 crap a success!
These are the people that were just paid 6.8 billion shares of LTNC stock for their 2 month old company that has no assets, ZERO revenues and a product that is not backed by science, it's just going to be a hyped fad.
The new CEO? Well, I don't know much about this Joe character but the 3 public companies he was associated with, the last being KGET all FAILED!
So, good luck with this crew!
Feel free to go on the TBEV board and ask them what they think of McBride and Holly!
