Dance Broadcast System Inc. entered into a definitive agreement to acquire Frontier Beverage Company, Inc. (OTCPK:FBEC) in a reverse merger transaction on February 1, 2014. Under the terms, Dance Broadcast System will acquire 10,000 Series A Preferred shares of Frontier Beverage. This transaction will lead to control of 66.67% voting rights of Frontier Beverage being held by Dance Broadcast System irrespective of its outstanding shares. The transaction has been accounted for as a reverse merger where Dance Broadcast Systems, Inc. is deemed to be the acquirer and the surviving entity for accounting purposes.

Dance Broadcast System Inc. completed the acquisition of Frontier Beverage Company, Inc. (OTCPK:FBEC) in a reverse merger transaction on February 3, 2014.