Going Concern	6 Months Ended
Jun. 30, 2011
Notes to Financial Statements
Going Concern	2. Going Concern The Company has a history of recurring losses from continuing operations, deficiencies in working capital and limited cash on hand. As of June 30, 2011, it has also been unable to generate sustainable cash flows from operating activities. In addition, the Company has $1,825,381 in debt and related party obligations payable within the next twelve months including an obligation which is currently in default (see Note 8). For the three and six months ended June 30, 2011, the Company’s loss from continuing operations were $ 665,063 and $2,281,212, respectively. As of June 30, 2011, the Company’s cash and cash equivalents and working capital deficiency were $3,947 and $3,621,076, respectively. Collectively, these factors raise substantial doubt about the Company’s ability to continue as a going concern. The Company is dependent upon its ability to obtain the necessary financing. The Company believes that its existing cash resources, combined with projected cash flows from operations, will not be sufficient to execute its business plan and continue operations for the next twelve months without additional funding. The Company intends to continue to explore various strategic alternatives, including asset sales and private placements of debt and equity securities to raise additional capital. In July 2011, the Company raised additional gross proceeds of $150,000 pursuant to Original Issue Discount notes (see Note 14). Management believes that its existing beverage business can eventually achieve profitability and positive cash flow. In addition to paying down and restructuring its debt, management is actively taking steps to reduce the Company’s future operating expenses and increase future sales. However, the Company cannot provide any assurance that operating results will generate sufficient cash flow to meet its working capital needs and service its existing debt or that it will be able to raise additional capital as needed. The consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result should the Company be unable to continue as a going concern.

Going Concern

6 Months Ended

Jun. 30, 2011

2. Going Concern

The Company has a history of recurring losses from continuing operations, deficiencies in working capital and limited cash on hand. As of June 30, 2011, it has also been unable to generate sustainable cash flows from operating activities. In addition, the Company has $1,825,381 in debt and related party obligations payable within the next twelve months including an obligation which is currently in default (see Note 8). For the three and six months ended June 30, 2011, the Company’s loss from continuing operations were $ 665,063 and $2,281,212, respectively. As of June 30, 2011, the Company’s cash and cash equivalents and working capital deficiency were $3,947 and $3,621,076, respectively. Collectively, these factors raise substantial doubt about the Company’s ability to continue as a going concern.

The Company is dependent upon its ability to obtain the necessary financing. The Company believes that its existing cash resources, combined with projected cash flows from operations, will not be sufficient to execute its business plan and continue operations for the next twelve months without additional funding. The Company intends to continue to explore various strategic alternatives, including asset sales and private placements of debt and equity securities to raise additional capital. In July 2011, the Company raised additional gross proceeds of $150,000 pursuant to Original Issue Discount notes (see Note 14). Management believes that its existing beverage business can eventually achieve profitability and positive cash flow. In addition to paying down and restructuring its debt, management is actively taking steps to reduce the Company’s future operating expenses and increase future sales. However, the Company cannot provide any assurance that operating results will generate sufficient cash flow to meet its working capital needs and service its existing debt or that it will be able to raise additional capital as needed.

The consolidated financial statements do not include any adjustments relating to the recoverability and classification of asset carrying amounts or the amount and classification of liabilities that might result should the Company be unable to continue as a going concern.

- Definition

Disclosure of accounting policy for reporting when there is a substantial doubt about an entity's ability to continue as a going concern for a reasonable period of time (generally a year from the balance sheet date). Disclose: (a) pertinent conditions and events giving rise to the assessment of substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time, (b) the possible effects of such conditions and events, (c) management's evaluation of the significance of those conditions and events and any mitigating factors, (d) possible discontinuance of operations, (e) management's plans (including relevant prospective financial information), and (f) information about the recoverability or classification of recorded asset amounts or the amounts or classification of liabilities. If management's plans alleviate the substantial doubt about the entity's ability to continue as a going concern, disclosure of the principal conditions and events that initially raised the substantial doubt about the entity's ability to continue as a going concern would be expected to be considered. Disclose whether operations for the current or prior years generated sufficient cash to cover current obligations, whether waivers were obtained from creditors relating to the company's default under the provisions of debt agreements and possible effects of such conditions and events, such as: whether there is a possible need to obtain additional financing (debt or equity) or to liquidate certain holdings to offset future cash flow deficiencies. Disclose appropriate parent company information when parent is dependent upon remittances from subsidiaries to satisfy its obligations.

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