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Elite Performance Holding Corp

CIK: 17536813 Annual ReportsLatest: 2026-09-04
Revenue: N/ANet Income: -$1,197,600Source 10-K
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.