Cascade Dairy Holdings (fka High Performance Beverages Co.)
Subsidiary, Columbia Basin Dairy Holdings, Announces Strategic
Acquisition Plan
OTHELLO, WA--(NewMediaWire - Oct 25, 2017) - Cascade Dairy
Holdings Inc. (OTC PINK: TBEV) (the "Company"), fka High
Performance Beverages Co., is pleased to announce its subsidiary,
Columbia Basin Dairy Holdings, LLC, (referred as "CBDH") has
submitted their plan to acquire up to 300 additional dairy cows
over the next several months.
Columbia Basin Dairy Holdings (CBDH) submitted its plan to the
Board of Directors of the Company in order to purchase up to 300
more dairy cows that would add to its existing 60 cow dairy herd.
The Board is now in the process of reviewing the plan for
approval.
CBDH is also reporting they have begun generating revenues from
their 60 cow herd. In the first two weeks of milking, the herd has
generated $11,472.30 in milk sales. Average lbs./head/day is 71
lbs. and on the rise as CBDH works in new feed and comfort for the
cows. The Company will be settling with the dairy facility monthly
to reconcile milk production and milk sales with plans on reporting
sales accordingly.
Ryan Coulston, CEO & President, stated, "Currently with 60
cows milking in Cascade's dairy herd, our business is hard
underway. The dairy where our 60 cows are currently located has the
capacity to milk up to 300 additional cows and we intend to
initially grow our herd at this facility until our previously
announced plans of growth are finalized." He also stated, "Milk
prices are on the rise, and so is the quality of our milk blend.
The high production of the milk will guarantee our company's
profitably and longevity and will increase revenue to help
supplement our herd with continual growth."
The Company intends to keep shareholders updated as events
continue to progress.
About Cascade Dairy Holdings Inc.
Cascade Dairy Holdings, Inc. is a value adding business. Mainly
focused on adding value to dairy products and operations, and in a
close second, creating even more value in their employees and their
business partners. Always leaving dairies, homes, and offices
alike, better than when they found it. Here for the long-haul,
CDHI's plans for innovation will give them reliable competitive
advantage for years to come.
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 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 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 High Performance Beverage
Company's filings with the Securities and Exchange Commission.