CAVE CREEK, AZ--(NewMediaWire - Sep 14, 2016) - High Performance
Beverage Co. (OTC PINK: TBEV) (the "Company") is pleased to announce
confirmation of their meeting with Walmart for distribution of its
High Performance Sports Drink in Mexico.
Walmart de Mexico (WALMEX) represents Walmart's largest division
outside of the U.S. consisting of 2,363 stores around the country,
including 256 Walmart Supercenter stores and 160 Sam's Club
stores.
The meeting is currently set for October 05, 2016 at Walmart's
corporate headquarters in Bentonville, AK and will include
executive buyers from WALMEX and U.S. representatives. Any
distribution into Mexico will be handled by Pro Prom, High
Performance Beverages Licensee for Mexico, Central & South
America. The Company also expects to start preliminary discussions
on North American distribution in Sam's Clubs which has been
initiated by Joey Girardin of Girardin International Marketing and
Consulting Group.
Toby McBride, High Performance Beverage CEO, stated, "We are
extremely grateful for the work that has been done by both Pro Prom
and Girardin International Marketing and Consulting Group for the
meetings set up with Walmart executives. While optimistic, we
realize that with fast potential growth come many challenges that
will need to be addressed. With that in mind, I would like to
briefly address the Company's recent decision to increase its
authorized shares. While we understand our shareholders concern,
the increase is not necessarily reflective of the Company's intent
to dramatically increase its outstanding shares. Rather, we felt it
necessary to be proactive and prepared in the event of our decision
to utilize our previously announced $5 million credit facility.
Should that become necessary, it would be related to significant
progress with our operations, inventory controls, distribution and
sales. We would view that as a significant positive for our
company. Our only other alternative would have been to do a reverse
split in order to create reserve shares and that was not an option.
We are hopeful that eventual royalties from sales through Pro Prom
will allow us to eliminate our remaining notes, fuel growth and
procure more conventional forms of financing. Taking this proactive
approach is our best option to ensure our abilities to meet
potential supply and demand needs. Additionally, unlike a stock
split that is irreversible, we can always modify and reduce our
authorized shares at a later date."
To purchase High Performance Sports Drink on Amazon Go to:
https://www.amazon.com/Performance-Punch-16-Ounce-Pack/dp/B014Q64HEI
About Pro Prom
ProProm Mexico with offices in Mexico City DF, Monterrey Mexico
and Guadalajara Mexico, is a 20 year old company specializing in
the deployment and marketing of new products through the aggressive
market penetration of new brands through their abilities to elevate
brands with dedication, intensity, professionalism and the overall
synergy they create when bringing a product to market. Most
notably, ProProm was instrumental with the introduction and success
of the Gatorade brand in Mexico. To date, ProProm has successfully
completed 450 projects with over 200 satisfied clients netting 30
award winning campaigns. Currently, ProProm represents 200 brands
including Jelly Belly, Canada Beef, Oleico, Unifoods and Perfect
Choice.
Pro Prom Corporate Website:
www.proprom.com
About High Performance Beverage Company
High Performance Beverage Company has created a new beverage
segment under the trade name High Performance Beverages which
manufactures and distributes a line of sport performance drinks.
High Performance Beverage Company's sport performance drinks are
carefully formulated to support mental focus and help increase
blood flow, thereby giving the body the necessary fuel to power
through a specific event or throughout the day. Our unique blends
are designed to bridge the gap between supplements, energy and
hydration drinks, ultimately broadening our appeal and providing
access to an expanding target market. High Performance beverages
are sugar free and extremely low in calories and caffeine. This
positioning makes High Performance Beverage Co. sport drinks first
to market with a sustainable competitive advantage.
High Performance Beverage Corporate Website:
bev.highperformancebeverage.com
www.hpbev.net
Safe Harbor
This release contains statements that constitute forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. These statements appear in a number of places
in this release and include all statements that are not statements
of historical fact regarding the intent, belief or current
expectations of High Performance Beverage Company, its directors or
its officers with respect to, among other things: (i) financing
plans; (ii) trends affecting its financial condition or results of
operations; (iii) growth strategy and operating strategy. The words
"may," "would," "will," "expect," "estimate," "can," "believe,"
"potential" and similar expressions and variations thereof are
intended to identify forward-looking statements. Investors are
cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and
uncertainties, many of which are beyond High Performance Beverage
Company's ability to control, and that actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors. More information about the
potential factors that could affect the business and financial
results is and will be included in High Performance Beverage
Company's filings with the Securities and Exchange Commission.