{"id":6743,"date":"2015-09-03T13:13:25","date_gmt":"2015-09-03T13:13:25","guid":{"rendered":"\/?p=6743"},"modified":"2015-09-03T13:39:26","modified_gmt":"2015-09-03T13:39:26","slug":"high-performance-otcmktstbev-finally-stumbles","status":"publish","type":"post","link":"\/articles\/high-performance-otcmktstbev-finally-stumbles\/","title":{"rendered":"High Performance (OTCMKTS:TBEV) Finally Stumbles"},"content":{"rendered":"\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: right;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91219\/fasd.png\" border=\"0\" width=\"442\" height=\"197\" \/>High Performance (OTCMKTS:<a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TBEV\">TBEV<\/a>) managed an amazing jump on Monday, but unfortunately for its supporters, it failed to maintain its market cap gains. Yesterday&#8217;s session cost it 7.41% of its market value, and by the look of things, the ticker may suffer further corrections in the sessions to come. Why? <\/p>\n<p>In spite of Mr. McBride&#8217;s ridiculously boastful and obviously unrealistic claims that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TBEV\">TBEV<\/a> <\/strong>is about to &ldquo;<em>flip our industry upside down<\/em>&rdquo;, <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TBEV\">TBEV<\/a> <\/strong>doesn&#8217;t seem to have much to its name. The quarterly report for the period ended April 30, 2015 showed as much:<\/p>\n<ul>\n<li>Total assets &#8211; $308 thousand in cash<\/li>\n<li>Current liabilities &#8211; $4.1 million<\/li>\n<li>NO QUARTERLY REVENUES<\/li>\n<li>Quarterly net loss &#8211; $283 thousand<\/li>\n<\/ul>\n<p>How Mr. McBride intends to run down and tackle mega-corporations such as The Coca-Cola Co (NYSE:KO), PepsiCo, Inc. (NYSE:PEP), and Monster Beverage Corporation (NASDAQ:MNST) with <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TBEV\">TBEV<\/a>&#8216;s <\/strong>balance sheets looking that horrible is a mystery.<\/p>\n<p>And while on the subject of horrible things &ndash; <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TBEV\">TBEV<\/a>&#8216;s <\/strong>share structure definitely deserves special notice. Some basic due diligence reveals that the company performed a 1 for 10 reverse split at the end of February 2015, reducing its O\/S count to approximately 212 million. Well, as of June 18 that number had ballooned all the way to 2.2 BILLION.<\/p>\n<p>88% of that 2.2 billion shares was issued as a result of conversions of highly toxic debt, and fully half of those 2.2 billion were converted an average rate of just $0.0005 per share. And if at this point you think that things can&#8217;t get any worse, you&#8217;d be wrong. The company has just upped its number of authorized shares from 2.5 billion to 5 billion, which can be taken as a sure-tell sign that even more dilution is on its way.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" style=\"float: left;\" src=\"\/\/s.hotstocked.com\/hotstocked.com\/repository\/articles\/91\/91219\/fasdfsa.png\" border=\"0\" width=\"118\" height=\"118\" \/>This being the case, is it really any wonder that <strong><a href=\"http:\/\/www.thehotpennystocks.com\/Stock-Quotes\/?stock=TBEV\">TBEV<\/a> <\/strong>is currently stumbling, and that it may well continue to do so in the foreseeable future?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>High Performance (OTCMKTS:TBEV) managed an amazing jump on Monday, but unfortunately for its supporters, it failed to maintain its market cap gains. Yesterday&#8217;s session cost it 7.41% of its market value, and by the&#46;&#46;&#46;<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1413],"class_list":["post-6743","post","type-post","status-publish","format-standard","hentry","category-news","tag-tbev"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6743","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=6743"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/6743\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=6743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=6743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=6743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}