WHEAT RIDGE, CO / ACCESSWIRE / February 8, 2023 / Performance Drink Group, Inc. (OTC:PDPG) ("PDPG" or the "Company"), is thrilled to announce the engagement of a PCAOB auditing firm to audit 2021, 2022 and to date financials.
The Company continues to develop its beverage line while also seeking cashflow acquisition opportunities. "As I've stated, we are seeking cashflow acquisitions and completing an audit now, I believe will attract even larger opportunities. After cleaning up our share structure, an audit just makes sense to open the door for the biggest and best fit." said Jeffrey M. Canouse, CEO of Performance Drink Group.
The Company appointed a new CEO in the fall of 2022 and since then, new management has been working on an acquisition strategy and eliminating billions of potential shares. The first step was to retire 7,716,219 Series A Preferred shares back to the treasury. Phase two was to retire 300,000,00 Common shares from the previous officers of the Company. The final phase was reducing an existing registration by 950,000,000 shares.
About Performance Drink Group
Performance Drink Group is an emerging force in the development, production, and distribution of unique Sports Nutrition and Energy Drink solutions. The company is currently targeting growth in shareholder value through both organic and strategic channels.
For more information, please visit us at Performancedrinkgroup.com.
Forward-Looking Statements
This press release may contain forward-looking statements, including information about management's view of Performance Drink's future expectations, plans and prospects. In particular, when used in the preceding discussion, the words "believes," "expects," "intends," "plans," "anticipates," or "may," and similar conditional expressions are intended to identify forward-looking statements. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors, which may cause the results of Performance Drink, its subsidiaries and concepts to be materially different than those expressed or implied in such statements. Unknown or unpredictable factors also could have material adverse effects on Performance Drink's future results. The forward-looking statements included in this press release are made only as of the date hereof. Performance Drink cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Performance Drink undertakes no obligation to update these statements after the date of this release, except as required by law, and also takes no obligation to update or correct information prepared by third parties that are not paid for by Performance Drink.
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SOURCE: Performance Drink Group Inc.