Endovia Health Sciences, Inc 8-K, filed Aug 5, 2020
Endovia Health Sciences, Inc. (EDVA)
About this 8-K
Endovia Health Sciences, Inc filed this 8-K on August 5, 2020, reporting on events of July 31, 2020.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported): July 31, 2020
| SPLASH BEVERAGE GROUP, INC. |
| (Exact Name of Registrant as Specified in Its Charter) |
| Colorado |
| (State or Other Jurisdiction of Incorporation) |
| 000-55114 | 34-1720075 | |||||
| (Commission File Number) | (IRS Employer Identification No.) | |||||
|
4120 Boardman-Canfield Road Canfield, Ohio 44406 |
||
| (Address of Principal Executive Offices) | ||
| (330) 533-1914 | ||
| (Registrant’s Telephone Number, Including Area Code) | ||
|
CANFIELD MEDICAL SUPPLY, INC. | ||
| (Former Name or Former Address, if Changed Since Last Report) | ||
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 7.01 Regulation FD Disclosure.
On August 3, 2020, Splash Beverage Group, Inc. (the “Company”) issued a press release announcing that the Company’s name change from “Canfield Medical Supply, Inc.” to “Splash Beverage Group, Inc.” (the “Name Change”) had been approved by the Financial Industry Regulatory Authority (“FINRA”). As previously reported, the Name Change was approved by the Board of Directors and a majority of the shareholders of the Company.
In connection with the Name Change, the Company’s common stock began trading on the OTC Pink under the new ticker symbol “SBEV,” effective July 31, 2020.
A copy of the press release is furnished as Exhibit 99.1 of this report.
As of August 5, 2020, the Company has prepared an investor presentation that the Company expects to use, or portions, with possible modifications, in connection with presentations to investors, analysts and others during the fiscal year ending December 31, 2020. The presentation materials (the “Investor Presentation”) are attached as Exhibit 99.2 to this report.
By furnishing this Current Report on Form 8-K and furnishing the Investor Presentation, the Company makes no admission as to the materiality of any information in this Report, including without limitation the Investor Presentation. The Investor Presentation contains forward-looking statements. See Page 2 of the Investor Presentation for a discussion of certain forward-looking statements that are included therein and the risks and uncertainties related thereto.
The information in this Form 8-K and the Exhibit 99.1 and Exhibit 99.2 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.
Item 8.01 Other Events
On August 5, 2020, the Company issued a press release announcing the appointment of William Meissner as President and Chief of Marketing. Mr. Meissner has over 20 years of multi-faceted experience in executive leadership, marketing, sales and supply-chain with both public and private companies. Prior to joining the Company ,Mr. Meissner served as President and Chief Executive Officer for Sweet Leaf and Tradewinds Tea, a premium beverage vertical designed to build emerging brands. A copy of the press release is attached hereto as Exhibit 99.3.
Item 9.01 Financial Statements and Exhibits
| Exhibit No. | Description |
| 99.1 | Press Release dated August 3, 2020 |
| 99.2 | Splash Beverage Group Investor Presentation, July 2020 |
| 99.3 | Press Release dated August 5, 2020 |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 5, 2020
| SPLASH BEVERAGE GROUP, INC. | |
| /s/ Dean Huge | |
| Dean Huge |
|
| Chief Financial Officer | |
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Exhibit 99.1
Splash Beverage Group Finalizes Merger Initiatives; FINRA Approves Name and Ticker Change
Ft. Lauderdale, Florida--(Newsfile Corp. - August 3, 2020) - Splash Beverage Group, Inc. (OTC PINK: SBEV), a holding company with a leading portfolio of beverage brands, formerly known as Canfield Medical Supply, Inc. (CNMF) announced on April 4th that it had completed a merger on March 31, 2020 with Splash Beverage Group, Inc. ("Splash") (https://www.SplashBeverageGroup.com), an innovative beverage company that markets naturally flavored tequilas under the "SALT Naturally Flavored Tequila" brand as well as performance drinks, under the "TapouT" brand, containing a proprietary blend of essential vitamins, minerals and electrolytes.
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7319/60942_a86fd13fa492a8d7_002full.jpg
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7319/60942_a86fd13fa492a8d7_003full.jpg
Splash is pleased to announce that On July 30, 2020, FINRA approved the name change to Splash Beverage Group, Inc. and received its new symbol, trading on the OTC Markets, "SBEV".
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7319/60942_a86fd13fa492a8d7_004full.jpg
CEO Robert Nistico states, "We are thrilled to have our branding in place toward increased opportunities in our market. We have much to share with investors in the coming days and look forward to growing shareholder value here in a big way alongside our positioning the company as an industry leader."
Watch OTC PR Wire coverage on Splash Beverage with Exclusive Highlights Here
Cannot view this video? Visit:
https://www.youtube.com/watch?v=lLxz60z_3RI
FOLLOW SPLASH BEVERAGE ON TWITTER: www.twitter.com/SplashBev @splashbev
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About Splash Beverage Group, Inc.:
Splash Beverage Group specializes in manufacturing, distribution, sales & marketing of various beverages across multiple channels. SBG operates in both the non-alcoholic and alcoholic beverage segments which they believe leverages efficiencies and dilutes risk.
SBG believes its business model is unique as it ONLY develops/accelerates brands it perceives to have highly visible pre-existing brand awareness or pure category innovation.
Splash Beverage Group's vision and business model is to grow its existing portfolio and seek strategic acquisitions, ultimately leading individual brands to exit at times that offer attractive multiples. Unlike many other sectors, historically the beverage industry enjoys valuations/exits of 5-7 times topline revenue not EBITA.
SALT Naturally Flavored Tequila is 100% agave, 80 proof naturally flavored tequila. SALT Tequila is remarkably smooth with a clean and delicate taste. Grown, distilled and bottled in the region of Jalisco Mexico, each handcrafted bottle of SALT Tequila is the result of years of hard work, determination and countless blends until they reached perfection. SALT Tequila offers a variety of naturally flavored tequilas including Berry, Citrus and Salted Chocolate.
TapouT is an international lifestyle brand that has been at the forefront of Mixed Martial Arts since its inception in 1997. Now associated with the WWE, TapouT beverages includes a complete line of high-performance sports drinks. TapouT Performance features a 3-in-1 advanced performance formula that delivers energy, hydration and cellular recovery benefits. TapouT performance is natural and restores what the body loses through physical exertion with key vitamins & minerals and all 5 electrolytes.
CONTACT:
Splashbeveragegroup.com
info@splashbeveragegroup.com
Phone: 954-745-5815
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Exhibit 99.2
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Exhibit 99.3
Splash Beverage Group Inc. Announces the Appointment Of William Meissner as President and CMO
Ft. Lauderdale, Florida--(Newsfile Corp. - August 5, 2020) - Splash Beverage Group, Inc. (OTC PINK: SBEV), a holding company with a leading portfolio of beverage brands, today announced the appointment of William Meissner as SBEV's President and Chief of Marketing (CMO).
Mr. Meissner has over 20 years of multi-faceted experience in executive leadership, marketing, sales and supply-chain with both public and private companies. Prior to joining SBEV, Meissner served as President and Chief Executive Officer for Sweet Leaf and Tradewinds Tea, a premium beverage vertical designed to build emerging brands.
<img
class="Maw(100%)" src="https://s.yimg.com/ny/api/res/1.2/3c0u1yCSDGVd3od2R_mV.A--~A/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAw/https://media.zenfs.com/en-us/newsfile_64/9a7b9358609ea208bb40a6474d14ea0a"
itemprop="url"/>
To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/7319/61097_a1db5750d468d8e2_002full.jpg
Prior to the Sweet Leaf and Tradewinds role, he served as the President and Chief Executive Officer for Genesis Today, Inc. a leader in the organic nutritional supplements category. Mr. Meissner was also the President and Chief Executive Officer of Tazza Pronto, served as President and Chief Executive Officer of Jones Soda, President of Talking Rain Beverages, Chief Marketing Officer of Fuze & NOS Beverages (Coca-Cola), Brand Director of SoBe Beverages (Pepsi-Co).
"We are extremely excited to have Bill accept the role of President and CMO to lead SBEV's sales, marketing and operations teams into the future," said Robert Nistico, Chairman and Chief Executive Officer of SBEV. "Bill has a proven track record of growing beverage brands and leading teams with both large multinational organizations and startups alike. Through my extensive experience working in the beverage industry, I have been aware of Bill's track record of transforming brands and building retail distribution for them. He has shown himself to be a knowledgeable leader with a broad range of skills perfectly suited for this leadership role at Splash."
"I am deeply honored to join Robert and the Splash team and to build upon the work they have already put in building a portfolio of powerful beverage brands. We are developing the organization needed to support the growth of Salt Tequila and TapouT Performance as well as other brands that will come through our robust deal pipeline." stated Meissner.
Learn more about William Meissner on LinkedIn
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WATCH THE NEWS ON SPLASH BEVERAGE ON YOUTUBE!
Cannot view this video? Visit:
https://www.youtube.com/watch?v=z5NDcvGfkt4
Follow Splash Beverage Group on Twitter: www.twitter.com/SplashBev
<img
class="Maw(100%)" src="https://s.yimg.com/ny/api/res/1.2/IGVZfuF.M9vkmekk7TYb1A--~A/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAw/https://media.zenfs.com/en-us/newsfile_64/17e425e76ad5d224965ec3d1214ee5bf"
itemprop="url"/>
To view an enhanced version of this graphic, please visit:
https://media.zenfs.com/en-us/newsfile_64/17e425e76ad5d224965ec3d1214ee5bf
About Splash Beverage Group, Inc.:
Splash Beverage Group specializes in manufacturing, distribution, sales & marketing of various beverages across multiple channels. SBEV operates in both the non-alcoholic and alcoholic beverage segments which they believe leverages efficiencies and dilutes risk.
SBEV believes its business model is unique as it ONLY develops/accelerates brands it perceives to have highly visible pre-existing brand awareness or pure category innovation.
TapouT is an international lifestyle brand that has been at the forefront of Mixed Martial Arts since its inception in 1997. TapouT beverages include a complete line of high-performance sports drinks. TapouT Performance and TapouT Hybrid both feature a 3-in-1 advanced performance formula that delivers hydration and cellular recovery benefits. TapouT performance drinks restore what the body loses through physical exertion with 12 key vitamins, 68 minerals and all 5 electrolytes.
For more information visit Tapoutdrinks.com
Salt Tequila is naturally flavored 100% blanco agave tequila with a clean and sweet taste. Grown, distilled and bottled in the region of Jalisco Mexico, each pristine bottle of Salt is the result of hard work, determination and countless blends. Salt Tequila offers a variety of naturally flavored tequilas to enhance the pleasure. These include Berry, Citrus and Salted Chocolate varieties.
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For more information visit SaltTequila.com
Forward-Looking Statement
This press release includes "forward-looking statements" within the meaning of U.S. federal securities laws. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results and, consequently, you should not rely on these forward-looking statements as predictions of future events. These forward-looking statements and factors that may cause such differences include, without limitation inability to enter into a definitive agreement with respect to the proposed transaction or to complete the transactions contemplated by the non-binding term sheet, matters discovered by the parties as they complete their respective due diligence investigation of the other. Other factors include the possibility that the proposed transaction does not close, including due to the failure to receive required security holder approvals, or the failure of other closing conditions. The foregoing list of factors is not exclusive. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made.
Contact Information:
Splashbeveragegroup.com
info@splashbeveragegroup.com
954-745-5815
SOURCE: Splash Beverage Group, Inc.
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