Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines

Performance Drink Group, Inc.

[PDPG]

11427 WI70 Frontage Road N.

Wheat Ridge, CO. 80033

_______________________________

719-752-8459

www.performancedrinkgroup.com

info@performancedrinkgroup.com

2086

(AMENDED) QuarterlyReport

For the Period Ending: March 31 2022

(the "Reporting Period")

As of March 31, 2022, the number of shares outstanding of our Common Stock was: 393,466,242

As of December 31, 2021, the number of shares outstanding of our Common Stock was: 380,966,242

As of December 31, 2020the number of shares outstanding of our Common Stock was: 80,966,242

Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 and Rule 12b-2 of the Exchange Act of 1934):

Yes: No:

Indicate by check mark whether the company's shell status has changed since the previous reporting period:

Yes: No:

Indicate by check mark whether a Change in Control5 of the company has occurred over this reporting period:

  • "Change in Control" shall mean any events resulting in:
  1. Any "person" (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the "beneficial owner" (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the Company's then outstanding voting securities;
  2. The consummation of the sale or disposition by the Company of all or substantially all of the Company's assets;
  3. A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are directors immediately prior to such change; or
  4. The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting securities of the

OTC Markets Group Inc.

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

Page 4 of 13

Yes:

No:

  1. Name and address(es) of the issuer and its predecessors (if any)

In answering this item, provide the current name of the issuer any names used by predecessor entities, along with the dates of the name changes.

Liberty International Holding Corporation. On March 23, 2021 the Company amended its articles of incorporation to change its name to Performance Drink Group, Inc.

The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):

The state of incorporation or registration of the issuer and of each of its predecessors (if any) during the past five years; Please also include the issuer's current standing in its state of incorporation (e.g. active, default, inactive):

The Company was registered in the state of Florida in June 1997, and was re-instated on January 22, 2021. On March 18, 2021 the Company was re-domiciled to the state of Colorado, and is currently in good standing with the state.

Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors since inception:

None

List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that occurred within the past 12 months:

On January 11, 2021 the Company added a Convertible Preferred B series of stock. The Convertible Preferred B stock has 10,000,000 authorized shares at $0.0001 par value. Each share of Series B stock shall be convertible, at the option of the holder, into 4 times the sum of all shares of Common Stock outstanding and all other preferred shares outstanding, divided by the outstanding number of shares of Series B Stock.

Effective at the close of business on March 23, 2021 (the "Record Date"), the Company effected a 10:1 reverse stock split, this was subsequently canceled by the Company prior to taking effect.

The Company also approved for a Name & Symbol change to Performance Drink Group, Inc. with the symbol PDPG with FINRA on 4/22/2021.

The address(es) of the issuer's principal executive office:

11427 West I-70 Frontage Road North, Wheat Ridge. CO. 80033

The address(es) of the issuer's principal place of business:

Check box if principal executive office and principal place of business are the same address:

Has the issuer or any of its predecessors been in bankruptcy, receivership, or any similar proceeding in the past five years?

surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.

OTC Markets Group Inc.

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

Page 5 of 13

Yes:

No:

If this issuer or any of its predecessors have been the subject of such proceedings, please provide additional details in the space below:

On April14, 2020, the 2nd Judicial District Court in Denver County entered an order appointing Small Cap Compliance, LLC, as custodian for CDRL. On April 15, 2020, Rhonda Keaveney was appointed as interim officer and director.

2)

Security Information

Trading symbol:

PDPG

Exact title and class of securities outstanding:

COMMON STOCK

CUSIP:

530615103

Par or stated value:

0.001

Total shares authorized:

2,000,000,000as of date: 3/31/2022

Total shares outstanding:

393,466,242as of date: 3/31/2022

Number of shares in the Public Float6:

12,879,271

as of date: 3/31/2022

Total number of shareholders of record:

557

as of date: 3/31/2022

All additional class(es) of publicly traded securities (if any):

Trading symbol:

Exact title and class of securities outstanding:

CUSIP:

Par or stated value:

Total shares authorized:

as of date:

Total shares outstanding:

as of date:

Transfer Agent

Name: Direct Transfer

Phone: 919-744-2722

Email: info@issuerdirect.com

Address: 1 Glenwood Ave, Suite 1001, Raleigh, NC 27603

Is the Transfer Agent registered under the Exchange Act?7 Yes:

No:

  1. Issuance History

The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares outstanding of any class of the issuer's securities in the past two completed fiscal years and any subsequent interim period.

  • "Public Float" shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial owner of more than 10 percent of the total shares outstanding (a "control person"), or any affiliates thereof, or any immediate family members of officers, directors and control persons.
  • To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.

OTC Markets Group Inc.

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

Page 6 of 13

Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible into equity securities, whether private or public, and all shares, or any other securities or options to acquire such securities, issued for services. Using the tabular format below, please describe these events.

A. Changes to the Number of Outstanding Shares

Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and any subsequent periods:

Joseph C. Canouse

OTC Markets Group Inc.

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

Page 7 of 13

Example: A company with a fiscal year end of December 31st, in addressing this item for its quarter ended June 30, 2021, would include any events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2019 through June 30, 2021 pursuant to the tabular format above.

Use the space below to provide any additional details, including footnotes to the table above:

B. Debt Securities, Including Promissory and Convertible Notes

Use the chart and additional space below to list and describe all outstanding promissory notes, convertible notes, convertible debentures, or any other debt instruments that may be converted into a class of the issuer's equity securities.

Check this box if there are no outstanding promissory, convertible notes or debt arrangements:

Date of

Outstanding

Principal

Interest

Maturity

Conversion Terms (e.g.

Name of Noteholder

Reason for

Note

Balance ($)

Amount

Accrued

Date

pricing mechanism for

(entities must have

Issuance (e.g.

Issuance

at

($)

determining conversion of

individual with voting

Loan, Services,

Issuance

instrument to shares)

/ investment control

etc.)

($)

disclosed).

3/24/21

$75,000

$75,000

N/A

3/23/22

Registered in Reg A Offering.

Elliott Polatoff

Loan

2/16/22

$220,000

$200,000

$5,364

3/23/22

A discount rate of 40%,of the lowest

Carpathia LLC,

Loan

Trading Price of the preceding 10

market days

Joseph Canouse

2/16/22

$220,000

$200,000

$5,364

3/23/22

A discount rate of 40%,of the lowest

Trading Price of the preceding 10

market days

Use the space below to provide any additional details, including footnotes to the table above:

  1. Financial Statements

A. The following financial statements were prepared in accordance with:

  • U.S. GAAP IFRS

Trillium Partners,

Loan

Stephen Hicks

B. The financial statements for this reporting period were prepared by (name of individual)8:

Name:

David Lovatt

Title:

CEO / CFO

Relationship to Issuer:

CEO

Provide the financial statements described below for the most recent fiscal year or quarter. For the initial disclosure statement (qualifying for Pink Current Information for the first time) please provide reports for the two previous fiscal years and any subsequent interim periods.

  1. Balance Sheet;
  2. Statement of Income;
  • The financial statements requested pursuant to this item must be prepared in accordance with US GAAP or IFRS by persons with sufficient financial skills.

OTC Markets Group Inc.

OTC Pink Basic Disclosure Guidelines (v3.1 June 24, 2021)

Page 8 of 13

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Liberty International Holding Corp. published this content on 09 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2022 22:53:01 UTC.