LAS VEGAS, April 09, 2019 (GLOBE NEWSWIRE) — via OTC PR WIRE — International Spirits and Beverage Group Inc. (OTCMKTS:ISBG) (“ISBG” or the “Company”), a top-tier brand incubator in the Global Wine & Spirits and CBD-Infused Products markets, is excited to update shareholders on several important developments.
Current Filing Status. The Company wishes to inform its valued shareholders that its financial data has been updated with an attached letter from an attorney. This step serves to bring the Company up to fully current filing and information status.
The Company is also diligently working with the excellent team at OTCmarkets.com (the “OTC”) toward the removal of the caveat emptor designation. Management notes that ISBG is complying with all requests from the OTC to expedite this process.
New Developments. The Company continues to make tremendous strides in its primary strategic focus markets. 2019 is setting up to be ISBG’s best year ever in terms of topline growth and strength of operations in its key segments.
Management continues to see strong signals from both the Adult Beverage segment and its new Health and Wellness segment. ISBG has already released multiple products in its emerging CBD division and plans to augment that offering with several new product lines in coming months.
In addition, the Company just completed a new production run for its Besado Tequila line and is actively increasing its on-premise presence in Texas.
Digital Footprint. Finally, the Company wishes to inform shareholders that its current online e-commerce platform for selling CBD products is a temporary site that will soon be replaced by a state-of-the-art branded sales platform. In addition, the Company is also in the process of fully revamping its corporate site, including a major restructuring to reflect the new and dynamic image ISBG has constructed over the past year.
Management genuinely believes that ISBG is positioned at the base of the proverbial “hockey stick” growth pattern given its strong presence as a brand incubator in multiple high-growth markets with complementary and synergistic overlap, and the Company is looking forward with confidence and excitement as the rest of the year unfolds.
About ISBG: International Spirits and Beverage Group (ISBG) is an authorized importer, licensor, and marketer of premium beverage brands, with sales of innovative products and brands worldwide. Based in Nevada, the Company’s expertise lies in the strategic development and aggressive early growth of its brands and the establishment of these brands as viable and profitable as an incubator. ISBG intends to nurture emerging brands through critical stages of market development, including conceptualization, go-to-market strategy, supply chain and logistics engineering, integrated marketing, and distribution. In addition, ISBG has now established itself as a health and wellness company with a focus on reshaping the CBD products market through state-of-the-art nanotechnology processes, developing a wide range of nano-infused CBD gummies and beverages formulations. These products will be sold through the Company’s website, as well as through established wholesale and retail distribution channels. The company has also partnered with Bengala Technologies to develop and commercialize enterprise and B2B software technology products targeting the logistics and supply-chain marketplace.
Forward Looking Statements: This press release may contain forward-looking statements that involve risks and uncertainties. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology including “could”, “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “estimate”, “predict”, “potential” and the negative of these terms or other comparable terminology. While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggested in this report. Except as required by applicable law, we do not intend to update any of the forward-looking statements so as to conform these statements to actual results. Investors should refer to the risks disclosed in the Company’s reports filed from time to time with OTC Markets (www.otcmarkets.com).
For Additional Investor Information:
International Spirit & Beverage Group, Inc.