XSBV will discuss the GBVS transaction in the 10K filing...
PART III - NARRATIVE
State below in reasonable detail why Forms 10-K, 20-F, 11-K, 10-Q, N-SAR or N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.
REGISTRANT'S PREPARATION OF THE FINANCIAL DATA WAS DELAYED THROUGH THE NECESSARY INCORPORATION OF INFORMATION RELATING TO SUBSEQUENT EVENTS, PARTICULARLY THE GLOBAL BEVERAGE SOLUTIONS TRANSACTION. CONSEQUENTLY, WE WERE UNABLE TO FILE ON THE CUSTOMARY FILING DATE.
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