CAVE CREEK, AZ--(NewMediaWire - Sep 7, 2016) - High
Performance Beverage Co. (OTC
PINK: TBEV) (the "Company") is pleased to announce
additional shipments of their High Performance Sports Drink to
Amazon.com and the settlement of its litigation with Overtime
Marketing SE, LLC.
Over the last several weeks the Company has experienced peek
interest in their sports drink resulting in additional cases being
sent to Amazon.com in order to meet anticipated order demands. An
additional 500 cases has been sent out this week representing the
maximum amount that Amazon.com will hold in their warehouses for
inventory purposes. However, the Company is currently seeking to
have Amazon.com expand their inventory allowance to several
thousand cases in order to keep better inventory levels available
at all times and prevent them from selling out, as they have
previously done before. This will also help to reduce shipping
costs for the Company since the product is distributed to several
regional Amazon warehouses spread throughout the country.
To purchase High Performance Sports Drink on Amazon Go to:
www.amazon.com/Performance-Punch-16-Ounce-Pack/dp/B014Q64HEI
Additionally, as reported, High Performance Beverages signed an
exclusive License Agreement with Pro Prom Mexico for Mexico,
Central & South America. The Company and Pro Prom are working
on finalizing documentation with Pro Proms bottling company in
order to initiate their first production run.
Upon the initiation of Mexico's first production run in
September, the Company plans to re-focus its efforts into the
distribution and sales of their High Performance Sports Drink in
retail outlets throughout the United States.
The Company is also pleased to report that is has settled its
litigation with Overtime Marketing SE, LLC for an undisclosed
amount. To date, all terms of the Settlement Agreement have been
met and the settlement amount has been paid in full to Overtime
Marketing SE, LLC.
Toby McBride, High Performance Beverage CEO, stated, "These are
very exciting times for our company. Since the announcement of our
exclusive License Agreement with Pro Prom, we have sparked
additional interests for our product and look forward to exploring
additional opportunities that will get our product on to retail
shelves in the U.S. and abroad." He also stated, "We are also
extremely pleased to announce the end of our litigation with
Overtime Marketing SE and in our ability to settle the matter in
full with no further obligations."
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.
