Meihua Xu acquired majority stake in South Beach Spirits, Inc. (OTCPK:SBES) from Mina Mar Group Inc., Asset Management Arm on March 14, 2019. Daniel Sobolewski as the Interim Chief Executive Officer of South Beach Spirits Inc., resigned as Interim Chief Executive Officer of South Beach Spirits Inc. Meihua Xu completed the acquisition of majority stake in South Beach Spirits, Inc. (OTCPK:SBES) from Mina Mar Group Inc., Asset Management Arm on March 14, 2019.