05 September 2026
Elite Performance Holding Corp
CIK: 1753681•3 Annual Reports•Latest: 2026-09-04
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.
10-K / September 4, 2026
Revenue:N/A
Income:-$1,197,600
10-K / April 15, 2025
Revenue:$681
Income:-$2,393,586
10-K / May 13, 2024
Revenue:$40,210
Income:-$1,447,769
10-K / September 4, 2026
Elite Performance Holding Corp.
Company overview
- Nevada corporation formed in 2018 as a holding company.
- 100% owned subsidiary: Elite Beverage International Corp., the operating subsidiary focused on the BYLT beverage. Elite Beverage was acquired via a stock exchange agreement in February 2018.
Intellectual property
- Owns SmartCarb technology and related patents through Elite Beverage; IP was transferred to Elite Performance Holding via a 2021 agreement (400,000 shares issued, valuation $20,000).
- Patents: US Patent No. 11,103,522 (issued Aug 31, 2021) and Patent-pending Dual Phase SmartCarb System No. 19,724,101.
Product and technology
- BYLT® (Beyond Your Limit Training) sports beverage: a functional beverage formulated for hydration, muscle repair, fat oxidation support, and recovery.
- SmartCarb® technology: combines Palatinose™ (slow-release carbohydrate) with branched-chain amino acids (BCAAs) in a 2:1:1 ratio to provide sustained energy, endurance support, and recovery aid.
- Key ingredients:
- Palatinose™
- BCAAs (L-Leucine, L-Isoleucine, L-Valine) in 2:1:1 ratio
- Senactive® (Rosa roxburghii and Panax notoginseng extracts)
- Betaine Anhydrous
- HydroMax™ (vegetable glycerol for hydration)
- Electrolytes
- Product positioning: designed to combine hydration, performance, and recovery without sugar crashes or caffeine jitters; claims supported by safety certifications.
- Flavors and testing:
- 2020: 4 flavors introduced
- 2022: 3 additional flavors added
- Potential flavor offerings: Blue Raspberry, Tropical Punch, Lemon Lime, Watermelon, Grape, Orange, Fruit Punch
- Variant and packaging focus: ready-to-drink (RTD) multi-ingredient sports beverage.
Market, marketing, and distribution
- Branding-driven marketing strategy aimed at associating the product with health, innovation, and quality.
- Distribution:
- Engaged GBS Growth Partners for nationwide sales and distribution execution.
- GBS leadership includes former Coca-Cola, PepsiCo, and Dr. Pepper executives.
- Initial rollout planned for Florida and California, with expansion to Texas and eventual national distribution.
- Sales and operations:
- Dedicated sales team composed of beverage industry professionals; current engagement is contractor-based with plans to transition to full-time staff.
- Test marketing conducted in California, Florida, Texas, and New York across retail stores, sporting events, and fitness expos.
Manufacturing, compliance, and certifications
- Materials and packaging sourced from manufacturers in Dallas, TX and Dade City, FL.
- Quality and compliance:
- NSF certification (recent health & safety audit passed)
- SQF Level III certification
- Good Manufacturing Practice (GMP) compliance
- FDA-registered food/beverage facility
- HEPA filtration in filling and blending rooms
- Capabilities include production of organic and Kosher products.
Financial snapshot (as of December 31, 2025)
- Liquidity and debt:
- Limited cash on hand
- Approximately $1,275,217 in convertible debt outstanding
- Equity and balance sheet:
- Stockholders’ deficit of approximately $12,381,374
- Selected balances:
- Accounts receivable, net: $0
- Research and development expense in 2025: $0
Public market status and governance
- Common stock had no trading symbol and was not quoted on any exchange; the company was seeking market-maker sponsorship to obtain a trading symbol and a quote on OTC Markets. The risk disclosures reference potential penny stock regulation if/when quoted.
- Governance: CEO Joey Firestone holds substantial influence through ownership of 10,000,000 Series A preferred shares with super voting rights, enabling control over most corporate matters.
Management and personnel
- Key executives: CEO/Director Joey Firestone; COO David Sandler.
- Sales team of beverage professionals in place with plans for staff expansion.
Assets and operations
- Physical assets:
- Three leased delivery cargo vans for distribution (leases initiated May 6, 2022; deposits totaled $19,000; vans have purchase options at lease end).
- Office space leased by the CEO for operations (monthly arrangement).
- Expansion plans:
- Preliminary discussions to lease a larger warehouse; expansion contingent on raising additional capital.
Business focus
- The company positions itself as a holding company focused on niche, first-to-market products in the nutritional and sports beverage industries, with BYLT® and SmartCarb® technology at the center of its strategy.
- The company reports substantial doubt about its ability to continue as a going concern due to losses, limited cash, and the stockholders’ deficit.
