r/s AVENTURA, Fla.--(BUSINESS WIRE)----
XStream Beverage Network, Inc. (OTCBB:XSBV) (OTCBB:XBVG) announced
today that its Board of Directors and the holder of a majority of its
issued and outstanding voting securities has approved a one for 400
reverse stock split of the company's outstanding common stock. The
split will be effective at close of business today and the stock will
trade on a post-split basis at market open on Tuesday, August 7, 2007.
Effective with the reverse stock split the company's trading symbol on
the OTC Bulletin Board will change to "XBVG" and the new CUSIP number
for its common stock will be 98415K306. XStream Beverage has
approximately 78,167,341 shares of common stock outstanding before the
stock split which will be reduced to approximately 195,418 shares
giving effect to the split. Any fractional shares which might result
from the split will be rounded up to the nearest whole share.
Stockholders of XStream Beverage are not required to exchange their
stock certificates representing the number of shares pre-split for new
certificates representing the number of shares owned by the
stockholder post-split as the company's transfer records will be
automatically adjusted for the stock split by InterWest Stock
Transfer, XStream Beverage's transfer agent.
