Item 1.01 Entry into a Material Definitive Agreement.

On August 27 2020 (the "Effective Date"), Splash Beverage Group, Inc. (formerly known as Canfield Medical Supply, Inc." and referred to herein as the "Company") executed a Subscription Agreement with one accredited investor (the "Subscription Agreement"). Pursuant to the Subscription Agreement the Company received gross proceeds of $500,000 and issued the investor 454,000 shares of the Company's common stock and warrant (the "Warrant") to purchase 227,273 shares of Effective Date. If after six months from the Effective Date there is no effective registration statement registering the shares of common stock issuable upon exercise of the Warrant the warrant may be exercised on a cashless basis as set forth in the Warrant.

In connection with the foregoing, the Company relied upon the exemption from registration provided by Section 4(a)(2) under the Securities Act of 1933, as amended, for transactions not involving a public offering.

The foregoing descriptions of the Subscription Agreement and Warrant are qualified by reference to the full text of such documents which are filed as exhibits to this report.

Item 9.01 Financial Statements and Exhibits.





(d) Exhibits.



Exhibit
Number     Description
  10.1       Form of Subscription Agreement (incorporated by reference to the
           current Report on Form 8-K filed on August 18, 2020)
  10.2       Form of Warrant (incorporated by reference to the current Report on
           Form 8-K filed on August 18, 2020)




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