UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

~~Washington~~WASHINGTON, DCD.C. 20549

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FORM 8-K

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CURRENT REPORT

Pursuant to Section 13 or 15(d) of the ~~Securities Exchange Act of 1934~~

~~Date~~Securities ofExchange ~~Report~~Act ~~(Date~~ of ~~earliest event reported) December 7, 2006~~1934

Date of Report (Date of earliest event reported) June 22, 2007

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XSTREAM BEVERAGE NETWORK, INC.

(Exact ~~name~~Name of ~~registrant~~Registrant as ~~specified~~Specified in ~~its~~Its ~~charter~~Charter)

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Nevada	33-~~30158A~~30158-A	05-0547629
(State or other jurisdiction	(Commission	(IRS Employer
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)
of incorporation)	File Number)	Identification No.)

2450 S.East ~~University~~Las ~~Drive~~Olas Blvd., Suite ~~220~~830, ~~Plantation~~Ft. Lauderdale, ~~Florida 33324~~FL 33301

(Address of ~~principal~~Principal ~~executive~~Executive ~~offices~~Offices) (Zip Code)

~~Registrant’s telephone number, including area code~~ (954) 463-~~473-0850~~9119

~~_______________________________________________________~~(Registrant’s Telephone Number, Including Area Code)

2 South University Drive, Suite 220, Plantation, FL 33324

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions ~~(see General Instruction A.2. below)~~:

¨ ~~Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)~~

~~¨ Soliciting~~Written ~~material~~communications pursuant to Rule ~~14a-12~~425 under the ~~Exchange~~Securities Act (17 CFR ~~240~~230.~~14a-12~~425)

¨ ~~Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))~~

~~¨ Pre-commencement~~Soliciting ~~communications~~material pursuant to Rule ~~13e~~14a-~~4(c)~~12 under the Exchange Act (17 CFR 240.~~13e~~14a-~~4(c~~12))

~~Item 3.02~~¨

~~Unregistered~~Pre-commencement ~~Sales~~communications ofpursuant ~~Equity~~to ~~Securities~~Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

On December 15, 2006, XStream Beverage Network, Inc. (the “Company”) issued 1,100,000 shares of our Series D Convertible Preferred Stock to its Chairman and CEO as compensation for services rendered to the Company in 2006. On this same date, the Company’s Board of Directors resolved to rescind its grant of 1,100,000 shares of the Company’s Series A stock granted to the Chairman and CEO in the resolution of the Company’s Board of Directors dated September 29, 2006. The Series D Convertible Preferred Stock was issued to the Company’s Chairman and CEO under the exemption provided by Section 4(2) of the Securities and Exchange Act of 1933, as amended.¨

OnPre-commencement ~~December~~communications 7,pursuant ~~2006,~~to ~~the~~Rule ~~Company~~133-4(c) ~~filed~~under ~~with~~ the ~~Secretary~~Exchange ofAct ~~State~~(17 ~~for~~CFR ~~the state of Nevada a Certificate of Designation of the Relative Rights and Preferences of the Series D Convertible Preferred Stock~~240. ~~The certificate of designation of the Series D Convertible Preferred Stock, among other rights and obligations, provides for:~~13e-4(c))

~~Designation~~Item ~~and Rank~~5.02

~~The~~Departure ~~Series D Convertible Preferred Stock, has a par value $.001 per share (the “Series D Preferred Stock”). The maximum authorized number~~ of ~~shares~~Directors ofor ~~Series~~Principal DOfficers; ~~Preferred~~Election ~~Stock shall be 4,000,000 shares. Except for the Series A Convertible Preferred Stock and Series B Convertible Preferred Stock~~ of ~~the~~Directors; ~~Company,~~Appointment ~~the Series D Preferred Stock shall rank senior to the common stock, par value $.001 per share (the “Common Stock”), and to all other classes and series~~ of ~~equity~~Principal ~~securities of the Company which by their terms do not rank senior to the Series D Preferred Stock (“Junior Stock”)~~Officers.

~~Dividends~~On June 20, 2007, Mr. Ted Farnsworth resigned as Chief Executive Officer and President, while retaining his position as Chairman of the Board. Mr. Ronald Ratner will succeed Mr. Farnsworth as Chief Executive Officer and President. Mr. Ratner’s compensation remains in negotiations with the Company at this time.

~~The holders of the Series D Preferred Stock will not be entitled to receive cash dividends.~~2

~~Voting Rights.~~SIGNATURES

~~The~~Pursuant ~~holders~~to ~~of Series D Preferred Stock shall vote with~~ the ~~shares~~requirements of ~~Common Stock of~~ the ~~Company~~Securities onExchange anAct ~~as converted basis from time to time, and not as a separate class, at any annual or special meeting~~ of ~~stockholders of the Company~~1934, ~~and may act by written consent in~~ the ~~same~~Registrant ~~manner~~has asduly ~~holders~~caused ofthis ~~Common~~report ~~Stock, in either case upon the following basis: each holder of shares of Series D Preferred Stock shall be entitled~~ to ~~such number of votes as shall~~ be ~~equal~~signed toon ~~two~~its ~~hundred~~behalf ~~(200)~~by ~~times~~ the ~~whole~~undersigned ~~number~~hereunto ofduly shares of Common Stock into which such holder’s aggregate number of shares of Series D Preferred Stock are convertible. While any of the shares of the Series D Preferred Stock are outstanding, the approval of the holders of a majority of the outstanding shares of Series D Preferred Stock will be required in order to amend the Company’s Certificate of Incorporation to affect materially and adversely the rights, preferences or voting power of the holders of the shares of Series D Preferred Stock or to authorize, create, or increase the authorized ~~amount of, any class of stock having rights prior or senior to, or in parity with, the shares of Series D Preferred Stock~~ .

~~Conversion.~~XSTREAM ~~The~~BEVERAGE ~~holder of Series D Preferred Stock shall have the right~~NETWORK, ~~exercisable~~INC. atBy: ~~any time, to convert the Series D Preferred Stock into shares of the Company’~~/s/ ~~Common~~THEODORE ~~Stock~~FARNSWORTH atTheodore aFarnsworth, ~~conversion rate of one share of common stock for each share of Series D Preferred Stock converted.~~Chairman

Liquidation Preference. In the event of any liquidation, dissolution or winding up of the Company, the holders of the Series D Preferred Stock then outstanding will be entitled to receive, in preference to the holders of Common Stock, but subordinate to the holders of the Series A Convertible Preferred Stock and Series B Convertible Preferred Stock, an amount of shares of common stock equal to the number of shares of the Series D Preferred Stock in the holder’s possession upon the occurrenceDATED: ~~of any liquidation~~June 22, ~~dissolution or winding up of the Company, such holders of shares of Series D Preferred Stock will not be entitled to any further participation as such in any distribution of the assets of the Company.~~2007

~~Item 5.03~~3

Amendments to Articles of Incorporation of Bylaws; Change in Fiscal Year.

See Item 3.02 of this Current Report on Form 8-K, which Item is incorporated herein by reference, for a description of the amendment to the Articles of Incorporation of the Company.

Item 9.01

Financial Statements and Exhibits.

(a) – (c)

Not applicable

(d)

Exhibits

Exhibit
Number	Description of Exhibit
3.1	Certificate of Designation of the Relative Rights and Preferences of the Series D Convertible Preferred Stock, filed on December 7, 2006

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: December 22, 2006

XSTREAM BEVERAGE GROUP, INC. By: /s/ TED FARNSWORTH Ted Farnsworth, Chairman and CEO

Filing Compare · Hull Energy, Inc.