High Performance Beverages Announces the Signing of Letter of Intent to Acquire Columbia Basin Dairy Holdings
OTHELLO, WA--(Marketwired - Sep 7, 2017) - High Performance Beverages Co. (OTC PINK: TBEV) (the "Company") is pleased to announce the signing of a letter of intent to acquire Columbia Basin Dairy Holdings, LLC with an initial 60 cow dairy herd.
The Company will begin to sell the milk produced by a 60 cow dairy herd immediately. Monthly revenue is expected to be $22,032. The Company will seek to close the transaction by executing a definitive agreement within 15 days.
Ryan Coulston, CEO & President, stated, "The letter of intent to acquire Columbia Basin Dairy Holdings and their 60 cow dairy herd is the first step in our strategy. This herd will be contracted to another milking operation while we work on plans to acquire our own dairy operation."
About High Performance Beverage Company
High Performance Beverage Company is a beverage company in the process of transitioning itself into the dairy production and value-added dairy processing industry.
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.
High Performance Beverage Co.
Public Relations and Shareholder Information
Joseph M. Vazquez III
Phone: (800) 767-9396