High Performance Beverages Comp. (TBEV)

[bigfish1972]

Interesting 8-K filed after hours:

http://biz.yahoo.com/e/130108/drhc8-k.html

On January 4, 2013 the Company entered into an agreement to be the 2013 Title Sponsor of Texas vs. The Nation to be held on February 2, 2013 at Eagle Stadium in Allen, Texas. Texas vs. The Nation pits top collegiate football players originally from Texas or who played college football in Texas against top players from around the nation.

Sponsorship includes commercials for Company products on TV coverage of the game, mention of the Company name before and after commercial breaks, and the Company logo being placed on game ads and promotional material and billboards. The Company will also participate in various promotional activities organized by the sponsored event.

In consideration for its sponsorship, the Company has given Overtime Marketing SE, LLC the right to purchase 5,000,000 restricted shares of its common stock at a price per share equal to 125% of par value ($.001) to be paid in US currency at time of acquisition. The shares will be made available for sale upon the following schedule:

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1,250,000 shares at the time of execution of the formal Sponsorship Contract;

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1,250,000 shares 180 days after execution of Sponsorship Contract;'

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1,250,000 shares 360 days after execution of Sponsorship Contract; and

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1,250,000 shares 540 days after execution of Sponsorship Contract.

The Company will record an expense equal to all the shares covered by the Sponsorship Contract based on the price of Company shares on the date of the Game.