High Performance Beverage Co. (OTCPK:TBEV) announced that it has entered into a binding term sheet and definitive agreements for a private placement of an equity line for gross proceeds of $5,000,000 with new investor GHS Capital LLC on October 9, 2015. The company will issue shares to the investor, subject to certain limitations and conditions.

The company will issue shares over a 24 month period after the registration statement is declared effective by Securities and Exchange Commission.