On December 31, 2019, Canfield Medical Supply, Inc., entered into an Agreement and Plan of Merger with SBG Acquisition Inc., a Nevada Corporation wholly-owned by the Company, and Splash Beverage Group, Inc. a Nevada corporation pursuant to which Merger Sub shall be merged with and into Splash with Splash as the surviving company and a wholly-owned subsidiary of the Company. The closing of the Merger shall take place on the first business day following satisfaction or waiver of the closing terms and conditions set forth in the Merger Agreement. Based on the Merger, each of the Parent Directors and officers of Parent shall have resigned as a director of Parent and tendered his or her resignation as an officer of Parent, and the replacement Parent Directors and officers designated by the Company shall have been appointed.

Robert Nistico shall be appointed Chief Executive Officer and President of Parent and Dean Huge shall be appointed the Chief Financial Officer of Parent.