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Share Name | Share Symbol | Market | Type |
---|---|---|---|
South Beach Spirits Inc (CE) | USOTC:SBES | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.0002 | 100.00% | 0.0004 | 0.0004 | 0.0004 | 0.0004 | 3,000,000 | 14:31:42 |
U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Earliest Event Reported: March 23, 2016
SOUTH BEACH SPIRITS, INC.
(Exact name of registrant as specified in its charter)
Nevada 001-36549 46-2084743 (State of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) |
1411 Sawgrass Parkway, Suite B, Sunrise, FL 33323
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (800) 670-3879
(Former name or 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 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 (17CFR 240-14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))
As used in this Current Report on Form 8-K and unless otherwise indicated, the terms "SBES," "THE COMPANY," "WE," "US" and "OUR" refer to South Beach Spirits, Inc.
ITEM 8.01. OTHER EVENTS.
On March 23, 2016, the Company entered into an amended and restated letter of intent with respect to its earlier announced intention to acquire a 50% equity interest in Striped Pig Distillery, LLC ("STRIPED PIG DISTILLERY").
Striped Pig Distillery, based in North Charleston, South Carolina, launched in 2013 and was Charleston's first distillery since Prohibition. It specializes in small-batch, handcrafted spirits made from the freshest, local ingredients. Striped Pig Distillery has two operating divisions, the first being the distillation of its own brands of `Shine, Vodka, Gin, Rum, Spiced Rum, Whiskey and Bourbon; the second producing private label spirits for outside companies.
The closing of the transaction is subject to the completion of due diligence, execution of definitive transaction documents between the parties and preparation of audited and unaudited financial statements for Striped Pig.
SIGNATURE
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.
SOUTH BEACH SPIRITS, INC.
Dated: March 30, 2016 By: /s/ Vincent Prince --------------------------------------- Vincent Prince, Chief Financial Officer |
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