Company obtains two-year funding from GHS Capital through agreement
By Devika Patel
Knoxville, Tenn., Oct. 9 – High Performance Beverages Co. said it negotiated a $5 million two-year equity line that also includes a $450,000 unsecured promissory note. GHS Capital LLC is the investor.
The Cave Creek, Ariz., company manufactures and distributes a line of sport performance beverages.
| Issuer: | High Performance Beverages Co.
|
| Issue: | Equity line
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| Amount: | $5 million
|
| Tenor: | Two years
|
| Warrants: | No
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| Investor: | GHS Capital LLC
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| Pricing date: | Oct. 9
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| Stock symbol: | OTCBB: TBEV
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| Market capitalization: | $2.7 million
|
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