DKTS Provides Update on ISBG Share Distribution
HOUSTON, TX / ACCESSWIRE / July 30, 2015 / Top Shelf Brands Holdings, Inc.’s (a Nevada Corporation) (“Top Shelf”) (OTCPK: DKTS) management is pleased to announce today that International Spirit & Beverage Group (OTCPK: ISBG) has completed the transaction for Besado Tequila and Dziaq Liqueur by issuing roughly 95 million restricted shares of ISBG common stock.
As a result of the completion of the transaction, the issuance of restricted shares will first be made to Top Shelf. Top Shelf will subsequently disperse the issued restricted shares to its shareholders of record as of 5:00 pm EST on May 26, 2015.
An announcement on this subsequent distribution process will be made by management to shareholders of record only.
Inquiries, email or otherwise, about this process should be directed to Top Shelf management as International Spirit & Beverage Group has complied with the terms of the purchase agreement and is no longer able to comment on the share distribution process.
About TSB: www.drinktopshelf.com
Top Shelf Brands Holdings incubates, creates, markets and supplies branded alcoholic beverages with an initial offering of Tequila, Liqueur and Bourbon. Being a federally licensed importer and supplier of alcoholic beverages gives us a competitive edge. Top Shelf Brands is dedicated to “Incubating and Creating Brands People Talk About.” Top Shelf Brands is positioned to capitalize on the $1 trillion spirits industry. Strong growth in the industry is anticipated primarily in the premium category.
This news release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as “estimate,” “expect,” “anticipate,” “projected,” “planned,” “forecasted” and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Top Shelf Brands Holdings, Inc.’s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE: Top Shelf Brands Holdings, Inc.
ReleaseID: 430960