$SBEV FORT LAUDERDALE, FLORIDA April 6, 2020
/EINPresswire.com/ -- FORT LAUDERDALE, FLORIDA, UNITED
STATES, April 6, 2020 /EINPresswire.com/ -- CANFIELD, OH /
ACCESSWIRE / April 4, 2020 / Canfield Medical Supply, Inc.
(OTCQB:CNMF) (the "Company"), a provider of home medical
equipment and supplies to patients, announced that it has
completed a merger on March 31, 2020 with Splash Beverage
Group, Inc. ("Splash"), an innovative beverage company that
markets naturally flavored tequilas under the "SALT" brand as well
as performance drinks, under the "TapouT" brand, containing a
proprietary blend of essential vitamins, minerals and electrolytes.
Pursuant to the merger, Splash merged into a wholly owned
subsidiary of the Company resulting in Splash becoming a wholly
owned subsidiary of the Company. In connection with the merger,
the Company will issue to Splash’s equity holders common stock
equaling approximately 85% of the Company on a fully diluted basis
in exchange for the common stock of Splash.
About Splash Beverage Group, Inc.
Splash Beverage Group specializes in manufacturing, distributing,
selling and marketing of various beverages across multiple
channels. SBG operates in both the non-alcoholic and alcoholic
beverage segments which SBG believes leverages efficiencies and
dilutes risk.
SBG believes its business model may be unique as SBG intends
ONLY to develop/accelerate brands it perceives to have highly
visible pre-existing brand awareness or pure category innovation.
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