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Eric A. Liepins ERIC A. LIEPINS, P.C. 12770 Coit Road Suite 1100 Dallas, Texas 75251 Ph. (972) 991-5591 Fax (972) 991-5788 ATTORNEYS FOR DEBTOR IN THE UNITED STATES BANKRUPTCY COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION

IN RE REPUBLIC OF TEXAS BRANDS, INC DEBTOR

Case No. 13-36434

AMENDED DISCLOSURE STATEMENT OF REPUBLIC OF TEXAS BRANDS, INC. PURSUANT TO SECTION 1125 OF THE BANKRUPTCY CODE DATED APRIL 16, 2014 TO: ALL PARTIES-IN-INTEREST, THEIR ATTORNEYS OF RECORD AND TO THE HONORABLE UNITED STATES BANKRUPTCY JUDGE: I INTRODUCTION Identity of the Debtors Republic of Texas Brands, Inc. is a Texas corporation (Debtor) which filed a voluntary Chapter 11 case on December 16, 2013, in the United States Bankruptcy Court for the Northern District of Texas, Dallas Division ("Court"). The Debtor purpose to restructure its current indebtedness and continue its operations to provide a dividend to the unsecured creditors of Debtor. Purpose of Disclosure Statement; Source of Information

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Debtor submits this Disclosure Statement pursuant to Section 1125 of the Code to all known Claimants of Debtor for the purpose of disclosing that information which the Court has determined is material, important, and necessary for Creditors of Debtor in order to arrive at an intelligent, reasonably informed decision in exercising the right to vote for acceptance or rejection of the Debtors Plan. This Disclosure Statement describes the operations of the Debtor contemplated under the Plan. You are urged to study the Plan in full and to consult with your counsel about the Plan and its impact upon your legal rights. Any accounting information contained herein has been provided by the Debtor. Explanation of Chapter 11 Chapter 11 is the principal reorganization chapter of the Code. Pursuant to Chapter 11, a debtor is authorized to reorganize its business for its own benefit and that of its creditors and equity interest holders. Formulation of a plan of reorganization is the principal purpose of a Chapter 11 reorganization case. A plan of reorganization sets forth the means for satisfying claims against and interests in the debtor. After a plan of reorganization has been filed, it must be accepted by holders of claims against, or interests in, the debtor. Section 1125 of the Code requires full disclosure before solicitation of acceptances of a plan of reorganization. This Disclosure Statement is presented to Claimants to satisfy the requirements of Section 1125 of the Code. Explanation of the Process of Confirmation Even if all Classes of Claims accept the plan, its confirmation may be refused by the Court. Section 1129 of the Code sets forth the requirements for confirmation and, among other things, requires that a plan of reorganization be in the best interests of Claimants. It generally requires that the value to be distributed to Claimants may not be less than such parties would receive if the debtor were liquidated under Chapter 7 of the Code. Acceptance of the plan by the Creditors and Equity Interest Holders is important. In order for the plan to be accepted by each class of claims, the creditors that hold at least two thirds (2/3) in amount and more than one-half () in number of the allowed claims actually voting on the plan in such class must vote for the plan and the equity interest holders that hold at least two-thirds (2/3) in amount of the allowed interests actually voting on the plan in such class must vote for the plan. Chapter 11 of the Code does not require that each holder of a claim against, or interest in, the debtor vote in favor of the plan in order for it to be confirmed by the Court. The plan, however, must be accepted by: (I) at least the holder of one (1) class of claims by a majority in number and two-thirds (2/3) in amount of those claims of such class actually voting; or (ii) at least the holders of one (1) class of allowed interests by two-thirds (2/3) in amount of the allowed interests of such class actually voting. The Court may confirm the plan even though less than all of the classes of claims and interests accept it. The requirements for confirmation of a plan over the objection of one or more classes of claims or interests are set forth in Section 1129(b) of the Code. Confirmation of the plan discharges the debtors from all of their pre-confirmation debts and liabilities except as expressly provided for in the plan and Section 1141(d) of the Code. Confirmation makes the plan binding upon the debtors and all claimants, equity interest holders and other parties-in-interest, regardless of whether or not they have accepted the plan.

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Voting Procedures Unimpaired Class. Claimants in Class 1 is not impaired under the Plan. Such Class, therefore, are deemed to have accepted the Plan. Impaired Classes. The Class 2 through 5. Claimants are impaired as defined by Section 1124 of the Code. The Debtor is seeking the acceptance of the Plan by Claimants in Classes 2 through 5. Each holder of an Allowed Claim or Interest in Classes 2 through 5 may vote on the Plan by completing, dating and signing the ballot sent to each holder and filing the ballot as set forth below. The Debtor is seeking acceptance of the Plan by the (i) the Allowed Claims of General Unsecured Creditors and (ii) the Allowed Claims of the Equity Interest Holders. Accordingly, this Disclosure Statement together with the accompanying ballot and master ballot and all related materials are being furnished to the above creditors for the purpose of determining whether or not to vote to accept or reject the Plan. Except to the extent permitted by the Bankruptcy Court pursuant to Rule 3018 of the Bankruptcy Rules, ballots or master ballots that are received after the Voting Deadline will not be accepted or used by the Debtor in connection with the Debtors request for confirmation of the Plan. Consistent with the provisions of Rule 3018 of the Bankruptcy Rules, the Bankruptcy Court has fixed the Voting Record Date as the time and date for the determination of holders or record of claims and equity interests who are entitled to vote on the Plan. If the holder of record of any claim or equity interest is not also the beneficial owner of that claim or equity interest, the vote to accept or reject the Plan must be cast by the beneficial owner of the claim. Unless otherwise directed by the Bankruptcy Court, all questions as to the validity, form, eligibility (including time of receipt) acceptance and revocation or withdrawal of ballots or master ballots will be determined by the Debtor in its sole discretion, whose determination will be final and binding. For all Classes, the ballot must be returned to Eric A. Liepins, 12770 Coit Road, Suite 1100, Dallas, Texas 75251. In order to be counted, ballots must be RECEIVED no later than at the time and on the date stated on the ballot.

Best Interests of Creditors Test Section 1129(a)(7) of the Code requires that each impaired class of claims or interests accept the Plan or receive or retain under the Plan on account of such claim or interest, property of a value as of the Effective Date of the Plan, that is not less than the amount that such holder

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would so receive or retain if the Debtor was liquidated under Chapter 7 of the Bankruptcy Code. If Section 1111(b)(2) of the Bankruptcy Code applies to the claims of such class, each holder of a claim of such class will receive or retain under the Plan, on account of such claim, property of a value, as of the Effective Date of the Plan, that is not less than the value of such holder's interest in the estate's interest in the property that secures such claims. In order for the Plan to be confirmed, the Bankruptcy Court must determine that the Plan is in the best interests of the Debtors creditors. Accordingly, the proposed Plan must provide the Debtors creditors with more than they would receive in a Chapter 7 liquidation. It is anticipated that in a Chapter 7 liquidation, the Debtor's creditors, other than the secured creditors, would receive nothing. Accordingly, since the Plan proposes a substantial dividend to all creditors, such creditors are receiving more than they would receive in a Chapter 7 liquidation. Accordingly, the Plan satisfies the requirements of Section 1129(a)(7). Cramdown The Court may confirm the Plan even though less than all of the classes of claims and interests accept it. The requirements for confirmation of a plan over the objection of one or more classes of claims or interests are set forth in Section 1129(b) of the Code. II REPRESENTATIONS

[Note: Paragraphs in brackets to be included after the Bankruptcy Court approves this Disclosure Statement.] [This Disclosure Statement is provided pursuant to Section 1125 of the Code to all of the Debtor known Creditors and other parties in interest in connection with the solicitation of acceptance of its Plan of Reorganization, as amended or modified. The purpose of this Disclosure Statement is to provide such information as will enable a hypothetical, reasonable investor, typical of the holders of Claims, to make an informed judgment in exercising its rights either to accept or reject the Plan. A copy of the Plan is attached hereto as Exhibit "A".] [After a hearing on notice, the Court approved this Disclosure Statement as containing information of the kind and in sufficient detail adequate to enable a hypothetical, reasonable investor typical of the classes being solicited to make an informed judgment about the Plan.] The information contained in this Disclosure Statement has been derived from the Debtor, unless specifically stated to be from other sources. All initially capitalized and bolded words used in this Disclosure Statement have the same definitions provided for in Article I of the Plan. NO REPRESENTATIONS CONCERNING THE DEBTOR IS AUTHORIZED BY THE DEBTOR OTHER THAN THOSE SET FORTH IN THIS DISCLOSURE STATEMENT. THE DEBTOR RECOMMENDS THAT ANY REPRESENTATION OR INDUCEMENT MADE TO SECURE YOUR ACCEPTANCE OR REJECTION OF THE PLAN WHICH IS NOT CONTAINED IN THIS DISCLOSURE STATEMENT SHOULD NOT BE RELIED UPON BY YOU IN REACHING YOUR DECISION ON HOW TO

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VOTE ON THE PLAN. ANY REPRESENTATION OR INDUCEMENT MADE TO YOU NOT CONTAINED HEREIN SHOULD BE REPORTED TO THE ATTORNEYS FOR DEBTOR WHO SHALL DELIVER SUCH INFORMATION TO THE COURT FOR SUCH ACTION AS MAY BE APPROPRIATE. ANY BENEFITS OFFERED TO THE CREDITORS ACCORDING TO THE PLAN WHICH MAY CONSTITUTE "SECURITIES" HAVE NOT BEEN APPROVED OR DISAPPROVED BY THE FEDERAL SECURITIES AND EXCHANGE COMMISSION ("SEC"), THE TEXAS SECURITIES BOARD, OR ANY OTHER RELEVANT GOVERNMENTAL AUTHORITY IN ANY STATE OF THE UNITED STATES. IN ADDITION, NEITHER THE SEC, NOR ANY OTHER GOVERNMENTAL AUTHORITY HAS PASSED UPON THE ACCURACY OR ADEQUACY OF THIS DISCLOSURE STATEMENT OR UPON THE MERITS OF THE PLAN. ANY REPRESENTATIONS TO THE CONTRARY MAY BE A CRIMINAL OFFENSE. THE INFORMATION CONTAINED HEREIN HAS NOT BEEN SUBJECT TO A CERTIFIED AUDIT. FOR THE FOREGOING REASON, AS WELL AS BECAUSE OF THE IMPOSSIBILITY OF MAKING ASSUMPTIONS, ESTIMATES AND PROJECTIONS INTO THE FUTURE WITH ACCURACY, THE DEBTORS ARE UNABLE TO WARRANT OR REPRESENT THAT THE INFORMATION CONTAINED HEREIN IS COMPLETELY ACCURATE, ALTHOUGH EVERY REASONABLE EFFORT HAS BEEN MADE TO ENSURE THAT SUCH INFORMATION IS ACCURATE. THE APPROVAL BY THE COURT OF THIS DISCLOSURE STATEMENT DOES NOT CONSTITUTE AN ENDORSEMENT BY THE COURT OF THE PLAN OR GUARANTEE THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN. THE DEBTOR BELIEVES THAT THE PLAN WILL PROVIDE CLAIMANTS WITH AN OPPORTUNITY ULTIMATELY TO RECEIVE MORE THAN THEY WOULD RECEIVE IN A LIQUIDATION OF THE DEBTORS ASSETS, AND SHOULD BE ACCEPTED. CONSEQUENTLY, THE DEBTOR URGES THAT CLAIMANTS VOTE FOR THE PLAN. DEBTOR DOES NOT WARRANT OR REPRESENT THAT THE INFORMATION CONTAINED HEREIN IS CORRECT, ALTHOUGH GREAT EFFORT HAS BEEN MADE TO BE ACCURATE. THE STATEMENTS CONTAINED IN THIS DISCLOSURE STATEMENT ARE MADE AS OF THE DATE HEREOF UNLESS ANOTHER TIME IS SPECIFIED HEREIN. THIS DISCLOSURE STATEMENT CONTAINS ONLY A SUMMARY OF THE PLAN. THE PLAN WHICH ACCOMPANIES THIS DISCLOSURE STATEMENT IS AN INTEGRAL PART OF THIS DISCLOSURE STATEMENT, AND EACH CREDITOR AND INTEREST HOLDER IS URGED TO CAREFULLY REVIEW THE PLAN PRIOR TO VOTING ON IT. III

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FINANCIAL PICTURE OF THE DEBTOR Financial History and Background of the Debtor Republic Brands of Texas, Inc. is a Nevada Corporation. Originally, the Debtor was known as Stealth Industries, Inc and was formed in the 1980's. In 2009, the name was changed to Precious Metals Exchange Corporation. In 2011, the name was changed to Legends Foods Corporation and began operating as a seller of food products over the internet. Later in 2011, the name was changed to Republic Brands of Texas, Inc to better reflect the market for Debtors products. In early 2013, the Debtor sought to acquire the Soulmans Barbeque company. The Debtor actively sought to raise capital for this acquisition and increased the number of available share dramatically. The Company also entered into an agreement with Empire Capital LLC (Empire) to assist in the raising of capital for the acquisition. A large number of shares were issued to various individuals and companies, including Empire in anticipation of the acquisition. By late 2013, the acquisition has fallen through due to the inability to obtain the needed financing. Empire then sued the Debtor claiming it was owed approximately $200,000 for its services the Debtor along with additional damages. The Debtor has disputed these claims. The Debtor filed this bankruptcy to restructure its current indebtedness and to provide a framework for moving forward.

Major Post-Petition Operations and Actions After the filing of the bankruptcy, the Debtor demanded return of the shares of stock issued in anticipation of the acquisition. All the shares were returned except 500,000,000 shares issued to the Debtors former CFO Michael Welch. In February 2014, the Debtor sued Welch in Bankruptcy Court for a return of those shares. In March 2014, the Debtor sued Empire, Scott Forsyth and Matthew Nicoletti for damages associated with fraud the failure to consummate the acquisition. Future Income and Expenses Under the Plan The Debtor currently maintains its internet food sales operation, however the Debtor has determined a new business model provides the best opportunity to grow the company. Upon confirmation of this Plan, the Debtor will acquire the company Chill Texas, Inc. for the exclusive distribution rights to Chillo Hemp Energy Drink in Texas. The Debtor believes this new avenue will provide sufficient income to pay the plan payments and provide the Debtor inroads into the new hemp based products market. Post-Confirmation Management Jerry Grisaffi is currently the President of the Debtor. Mr. Grisaffi does not receive a salary. Mr. Grisaffi will continue ion this position post bankruptcy and will not receive any salary until such time as the board of directors provides for a salary in the future.

IV. ANALYSIS AND VALUATION OF PROPERTY

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Liquidation Value of Assets The Debtor currently owns a website and trademark logos. The Debtors future assets consist of the distribution agreement and its value as a publicly traded stock.

V. SUMMARY OF PLAN OF REORGANIZATION The Debtors Plan will break the existing claims into 5 categories of Claimants. These claimants will receive cash payments and/or stock in the Debtor. The Plan contemplates a total of 3,778,410 shares of the Debtor will be issued on the Confirmation Date. All current shareholders will maintain their existing stock in the Debtor. Satisfaction of Claims and Debts: The treatment of and consideration to be received by holders of Allowed Claims or interests pursuant to this Articles 5 and 6 of the Plan shall be the sole an exclusive means for full settlement, release and discharge of their respective Claims, Debts, or interests. On the Confirmation Date, the Debtor shall assume all duties, responsibilities and obligations for the implementation of this Plan. Class 1 Claimants (Allowed Administrative Claims) are unimpaired and will be paid in cash and in full on the Effective Date of this Plan. Professional fees are subject to approval by the Court as reasonable. Debtors attorney's fees approved by the Court and payable to the law firm of Eric Liepins, P.C. will be paid immediately following the later of Confirmation or approval by the Court out of the available cash. This case will not be closed until all allowed Administrative Claims are paid in full. Class 1 Creditor Allowed Claims are estimated as of the date of the filing of this Plan to not exceed the amount of $20,000 including Section 1930 fees. Section 1930 fees shall be paid in full prior to the Effective Date. The Debtor is required to continue to make quarterly payments to the U.S. Trustee and maybe required to file postconfirmation operating reports until this case is closed. The Class 1 Claimants are not impaired under this Plan. Class 2 Claimants(Allowed Non-insider General Unsecured Claims) are impaired and shall be satisfied as follows: The Allowed Claims of the General Unsecured Creditors shall be paid in full their Allowed Claims as follows, the Class 2 creditors will receive 5% of their Allow Claim on the Effective Date and the balance of their of their Allowed Claims in 60 equal monthly payments. The Debtor believes the Class 2 Claimants will total $110,000. The Class 2 Claimants are impaired under the Plan. Class 3 Claimants (Allowed Insider General Unsecured Claims) are impaired and shall be satisfied as follows: All Allowed Insider Claims including claims by current or former officers and directors of the Debtor, except Michael Welch, shall receive no payment on their

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claims but shall receive ten shares of stock for each dollar of Allowed Claim. The Share shall be subject to the restrictions imposed the Securities Act of 1933. The Class 3 creditors are impaired under this plan. Class 4 Claimants (Allowed Claims of Empire, Scott Forsyth, Michael Welch and Matthew Nicoletti) are impaired and shall be satisfied as follows: As set froth above, the Debtor has instituted litigation against Empire, Scott Forsyth, Michael Welch and Matthew Nicoletti (the Empire Group). The Empire Group has denied the claims asserted against them and has asserted claims back against the Debtor. Upon confirmation of the Plan, all claims by the Debtor against the Empire Group and all claims of the Empire Group against the Debtor shall be settled and released. Specifically, the Debtor and the Empire Group (the Debtor and Empire Group collectively shall be referred to in this paragraph 5.5 as the Parties) upon the Final Confirmation Date, shall fully and finally waive, discharge, and irrevocably release each other from and against any and all past and present claims, counterclaims, actions, defenses, affirmative defenses, suits, rights, causes of action, set-offs, costs, losses, controversies, or liabilities, of whatever kind or character made or which could have been made by the Parties in Adversary Proceeding No. 14-03015 pending in this Court, Adversary Proceeding No. 14-03021 pending in this Court, or Case No. 3:13-cv-00628 pending in United States District Court for the Western District of North Carolina (these three cases are referred to collectively in this paragraph 5.5 as the Litigation). The Parties and their current and future officers and directors, will not, directly or indirectly, make any negative or disparaging statements against the each other maligning, ridiculing, defaming, or otherwise speaking ill of each other, and their business affairs, practices or policies, standards, or reputation (including but not limited to statements or postings harmful to each others business interests, reputation or good will) in any form (including but not limited to orally, in writing, on social media, internet, to the media, persons and entities engaged in radio, television or Internet broadcasting, or to persons and entities that gather or report information on trade and business practices or reliability) that relate to this Plan and the factual allegations made in the Litigation or any matter covered by the Parties mutual release within this Plan. Nothing herein shall, however, be deemed to interfere with each partys obligation to report transactions with appropriate governmental, taxing, and/or registering agencies, or to interfere with each partys testimony that may be necessary to secure confirmation of this Plan. The Debtor shall on the Final Confirmation Date pay the Empire Group $50,000 in cash and shall deliver 2,000,000 shares of freely tradeable stock in the Debtor to the Empire Group. The Debtor agrees that it, and its transfer agent, will cooperate with clearing any stock issued to the Empire Group under this Plan or any stock previously issued to the Empire Group and retained under this Plan. The Debtor further agrees that it, and its transfer agent, will cooperate with all reasonable requests related to the transfer of any shares between members of the Empire Group or their affiliates or assigns. The Empire Group shall be responsible for determining the distribution of the $50,000 and the 2,000,000 shares between the members of the Empire Group. Upon the Final Confirmation Date, Michael Welch shall return the 500,000,000 shares of Debtors stock in his possession or control back to the Debtor. The Debtor agrees to correct the 1099 it sent to Michael Welch for $2,500,000 for the 500,000,000 shares he is returning to the Debtor under this Plan. Further, the Debtor agrees to remove Michael Welchs name from any of its corporate filings, accounts, and the like. The Debtor and the Empire Group shall execute such additional documents as are necessary to effectuate the Plan. The class 4 claims are impaired under this Plan. Class 5 Claimants (Allowed Equity Interest Holder Claims) are impaired and shall be

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satisfied as follows: The Allowed Equity Interest Holder Claims shall retain their stock in the Debtor, but their interest shall be diluted by the issuance of additional shares as contemplated by the Plan. Class 5 Claimants are impaired under the Plan.

ARTICLE VI MECHANICS/IMPLEMENTATION OF PLAN Upon confirmation of the Plan, the Debtor shall receive a cash infusion of $100,000 from Jerry Grisaffi. These funds will be used to cover overhead and to operate the company and make any Plan payments, if needed. This cash infusion will be repaid without interest in 36 equal monthly payments commencing 180 days after the Effective Date (New Note). The New Note can be converted at anytime to shares of stock. In the event of conversion into stock, the New Note holder will receive 50% of the outstanding balance on the New Note at time of conversion in stock. To be converted at 50% of the bid price over a ten day average. The Debtor shall issue stock under 11 U.S.C. section 1145 to the Class 3 creditors. Additionally, the Debtor shall purchase Chill Texas, Inc. In exchange for 5,000,000 shares of stock in the Debtor. The Debtor currently has 702,433,700 shares outstanding. Of these 500,000,000 are subject to the pending Adversary proceeding against Welch. After the purchase of Chill Texas, Inc and the issuance of shares for insider debt the Debtor (assuming a return of the Welsh shares) will have 207,811,541 shares outstanding before the Plan shares are issued. All payments to be paid by the Debtor shall be made by the Disbursing Agent. The Disbursing Agent shall also be responsible for supervising the issuance of stock as proposed under the Plan. The Debtor shall select the Disbursing Agent prior to confirmation of the Plan. The Disbursing Agent shall receive a reasonable fee for his/her services. The Court shall retain jurisdiction to determine the amount of the Disbursing Agents fee if necessary.

It is an integral and essential element of this Plan that all securities to be the issued to the holders of Allowed Claims Debtor, shall be exempt from registration under the Securities Act of 1933, as amended, pursuant to section 1145 of the Code. It is the expressed intent of the Debtor to file with a Securities Broker Dealer to sponsor these securities to the over the counter pink sheets or bulletin board, if qualified. In the event a market develops for the securities of the Debtor, any party receiving securities under this Plan (or a transferee of any securities issued under this Plan), unless otherwise restricted, shall be limited in pledging, shorting, hypothecating or selling, more than 25% of the holders securities in any three month period during the first 12 months from the date the Debtors securities become tradeable. The confirmation of this Plan shall serve as a settlement pursuant to Bankruptcy Rule

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9019 of the current litigation in the cases of Republic of Texas Brands, Inc v. Empire Capital, LLC, Scott Forsyth, and Matthew Nicoletti, Adversary number 14-03021-BJH (Adversary No. 1") and Republic of Texas Brands, inc., v. Michael Welch, Adversary number 14-00315-BJH (Adversary No. 2"). The Empire Group and the Debtor shall take all steps necessary to dismiss Adversary No. 1 and Adversary No. 2 upon the Final Confirmation Date. The dismissal of Adversary No. 1 and Adversary No. 2 is an intricate part of the treatment of the Class 4 creditors under this Plan. As specified in Section 1125(e) of the Bankruptcy Code, persons that solicit acceptances or rejections of this Plan and/or that participate in the offer, issuance, sale or purchase of securities offered or sold under this Plan, in good faith and in compliance with the applicable provisions of the Bankruptcy Code, are not liable on account of such solicitation or participation for violation of any applicable law, rule, or regulation governing the solicitation of acceptances or rejection of this Plan or the offer, issuance, sale or purchase of securities. The Debtor, the Debtor-in-possession, nor any of their employees, officers, directors, agents or representatives, nor any professionals employed by them or any of their members, agents, representatives or professional advisors, shall have or incur any liability to any person or entity for any act taken or omission made in good faith in connection with or related to formulating, implementing, confirming or consummating this Plan, the Disclosure Statement or any contract, instrument, release or other agreement or document created in connection with this Plan.

VII. FEASIBILITY OF PLAN The Debtor believes that the Plan is feasible. A projection of the Debtors income for the next year is attached as Exhibit B. Neither the Debtor, nor any members, officers, directors, employees, agents, or professionals shall have or incur any liability to any holder of a Claim or Equity Interest for any act, event, or omission in connection with, or arising out of, the Chapter 11 Cases, the confirmation of the Plan, the consummation of the Plan, or the administration of the Plan or the property to be distributed under the Plan, except for willful misconduct or gross negligence. VIII. RETENTION OF JURISDICTION The Bankruptcy Court's jurisdiction shall be retained under the Plan as set forth in Article XIV of the Plan. This Plan shall be the sole and exclusive remedy for any Creditor of the Debtor dealt with herein, so long as Debtor is not in default under the Plan. IX. ALTERNATIVES TO DEBTOR'S PLAN If the Debtors Plan is not confirmed, the Debtor's bankruptcy case may be converted to a

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case under Chapter 7 of the Code, in which case a trustee would be appointed to liquidate the assets of the Debtor for distribution to its Creditors in accordance with the priorities of the Code. Generally, a liquidation or forced sale yields a substantially lower amount. The Debtor currently owns no hard assets, although the trademark and logos may have some value the debtor does not believe these assets have a value in excess of the administrative costs incurred in any liquidation, and if the Debtor was forced into a liquidation, there would be no funds to distribute to the creditors. X RISKS TO CREDITORS UNDER THE DEBTOR'S PLAN Claimants and Equity Interest Holders should be aware that there are a number of substantial risks involved in consummation of the Plan. The Plan contemplates that for those creditors not being paid on the Effective Date, there will be a marketplace to trade the stock of the Debtor. Additionally, as set forth above the Debtor intends to take all steps necessary to develop a market for the public trading of the Debtors securities. There is no guarantee that any such market will develop.

The Debtor has no history of operating in the energy drink field and no assurances of developing any future business. The risk of our financial failure is high. The Debtor may also choose to issue equity securities to fund its future operations. If the Debtor elects to raise additional capital by issuing equity securities, there can be no assurance that it will be able to obtain equity financing on satisfactory terms, and the shareholders may be diluted.

The price may not reflect the value of the Debtors shares. The $.10 per share valuation set for the shares does not necessarily bear any relationship to the book value of the Debtors assets, historic or future cash flows, financial condition, recent or historic prices for the Debtors common stock or other established criteria for valuation. You should not consider the price as an indication of the value of the shares. A large amount of the stock could be sold, potentially depressing the stock price. A sale of large numbers of shares by our security holders, whether pursuant to Rule 144 or otherwise, may have a depressing effect upon the price of the common stock in any market that might develop.

XI. TAX CONSEQUENCES TO THE DEBTOR Implementation of the Plan may result in federal income tax consequences to holders of

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Claims, Equity Interest Holders, and to the Debtor. Tax consequences to a particular Creditor or Equity Interest Holder may depend on the particular circumstances or facts regarding the Claim of the Creditor or the interests of the Equity Interest Holder. CLAIMANTS ARE URGED TO CONSULT THEIR OWN TAX ADVISOR AS TO THE CONSEQUENCES OF THE PLAN TO THEM UNDER FEDERAL AND APPLICABLE STATE AND LOCAL TAX LAWS.

XII. PENDING OR ANTICIPATED LITIGATION The Debtors books and records do not reveal any potential cause of action other than the current litigation against Michael Welch and Empire, Forysthe and Nicoletti.

Dated: April 16, 2014. Respectfully submitted, Republic of Texas Brands, Inc __/s/ Jerry Grisaffi___________ By: Jerry Grisaffi Its: President