Cascade Dairy Holdings Inc., Formerly High Performance Beverages,
Announces the Completion of Its Acquisition of Columbia Basin Dairy
Holdings
OTHELLO, WA--(NewMediaWire - Sep 21, 2017) - Cascade Dairy
Holdings Inc. (OTC PINK: TBEV) (the "Company"), formerly known
as High Performance Beverages Co, is pleased to announce the
completion of its previously announced plans to acquire 51%
controlling interest of Columbia Basin Dairy Holdings, LLC with an
initial 60 cow dairy herd. The Company has also changed its name to
Cascade Dairy Holdings Inc. which has been approved through filings
with the Nevada Secretary of State.
The Company will begin to sell the milk produced by a 60 cow
dairy herd immediately. Monthly revenue is expected to be
approximately $22,032 or $264,384 per annum.
Ryan Coulston, CEO & President, stated, "Our acquisition of
the controlling interest of Columbia Basin Dairy Holdings and the
60 cow dairy herd is positive progress for Cascade Dairy Holdings.
Our herd will now be contracted to another milking operation, while
we currently work on plans to acquire our own dairy operation." He
also stated, "I am also glad to report that within a very short
period of time, we have demonstrated our ability to acquire revenue
producing assets. However, this is just the first of a series of
acquisitions we have targeted, which we believe, if completed, will
allow us to substantiate Cascade Dairy Holdings, Inc. as a
competitive player in the multi-billion dollar dairy industry. We
also want shareholders to have confidence that we are not
contemplating any type of changes to the share structure of the
Company in the form of any stock splits at this time. Our sole
primary focus is to build our core operations through strategic
acquisitions, the development of those operations, and multiple
revenue streams."
The Company expects to keep shareholders updated through a
series of press releases as events continue to progress. We urge
all shareholders and prospective investors to contact our
shareholder communications dept. in order to receive accurate
information pertaining to the Company.
About Cascade Dairy Holdings Inc.
Cascade Dairy Holdings, Inc. is a value-adding dairy company
producing high-quality products that exceed industry standards. The
Company adds value to its dairy operations, customers, and
employees, while generating value for its operators and
shareholders alike. Cascade Dairy Holdings brings innovation and
long-term competitive advantage to the dairy farming sector.
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Cascade Dairy Holdings Twitter: @CascadeHldg
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 Cascade Dairy Holdings Inc. formerly 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
Cascade Dairy Holdings Inc. formerly 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 Cascade Dairy Holdings Inc.
formerly High Performance Beverage Company's filings with the
Securities and Exchange Commission.