UNITED STATES SEC File Number:
SECURITIES AND EXCHANGE COMMISSION 000-28027
Washington, D.C. 20549
CUSIP Number:
FORM 12b-25 378970 10 7
NOTIFICATION OF LATE FILING
(Check One): [X] Form 10-K [_] Form 20-F [_] Form 11-K [_] Form 10-Q
[_] Form 10-D [_] Form N-SAR [_] Form N-CSR
For Period Ended: December 31, 2005
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[_] Transition Report on Form 10-K
[_] Transition Report on Form 20-F
[_] Transition Report on Form 11-K
[_] Transition Report on Form 10-Q
[_] Transition Report on Form N-SAR
For the Transition Period Ended:______________________________________
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Read attached instruction sheet before preparing form. Please print or type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
________________________________________________________________________________
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates: ________________________
PART I - REGISTRANT INFORMATION
Global Beverage Solutions, Inc.
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Full Name of Registrant
Pacific Peak Investments
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Former Name If Applicable
7633 East 63rd Place, Suite 220
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Address of Principal Executive Office
Tulsam OK 74133
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City, State and Zip Code
PART II - RULE 12b-25(b) AND (c)
If the subject report could not be filed without unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate.)
[X] | (a) The reasons described in reasonable detail in Part III of this
| form could not be eliminated without unreasonable effort or
| expense;
[X] | (b) The subject annual report, semi-annual report, transition report
| on Form 10-K, Form 20-F, Form 11-K or Form N-SAR, or Form N-CSR
| or portion thereof will be filed on or before the 15th calendar
| day following the prescribed due date; or the subject quarterly
| report or transition report on Form 10-Q or subject distribution
| report on Form 10-D, or portion thereof will be filed on or
| before the fifth calendar day following the prescribed due date;
| and
| (c) The accountant's statement or other exhibit required by Rule
| 12b-25(c) has been attached if applicable.
PART III
NARRATIVE
State below in reasonable detail why the Form 10-K, 20-F, 11-K, 10-Q, 10-D,
N-SAR or N-CSR the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
The Registrant recently engaged new management and this new management had
hoped to complete its review of both the financial information and the
controls adopted by former management. In connection with the engagement of
new management, the Registrant has also engaged a new audit firm. The
transition associated with these two matters has delayed the audit and
review processes. Additionally, the Registrant recently acquired a
significant asset shortly before the end of its fiscal year and the
valuation of this new asset has taken additional time.
While late filings are suggestive of the inadequacy of controls, new
management felt that a careful review of the controls and financial
information was important to insure that the filing of the subject report,
when made, would be accurate in all respects. New management is also
undertaking the engagement of a new chief compliance officer who will also
participate in this review to insure both the accuracy of the forthcoming
report and adoption of new controls to insure the timeliness of future
reports.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
James A. Reskin 502 561-0500
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(Name) (Area Code) (Telephone Number)
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
of 1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is
no, identify report(s).
[X] Yes [_] No
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(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion
thereof?
[_] Yes [X] No
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If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
Global Beverage Solutions, Inc.
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(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date March 31, 2006 By: /s/ Richard T. Clark
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Richard T. Clark
Chief Executive Officer