NEW YORK, NY, June 10, 2016 /PRNewswire/ - International Spirit & Beverage Group, Inc. (OTC PINK: ISBG) has announced that the company's has signed agreements to deliver up to four containers per quarter of its flagship brand Besado. This means that the company will have sustainable revenues per quarter of up to $400,000 from its agreements already agreed to. This begins the company's strategy to sell its Brands both domestically and globally and gives ISBG a foundation for long term sustainable growth. The company will begin its first shipment of its first containers sold overseas by the end of the month.
"With the commencement of our distribution of products both domestically and internationally we feel comfortable in taking a percentage of revenues from these sales for our stock buyback program," stated Terry Williams CEO of ISBG. "We have also put our self in a position to surpass our goals with our newly formed partnerships. The company's flagship brand Besado is creating a revolution in the world of premium tequilas, as it is very compelling, distinct and relevant to our consumers worldwide".
The company is aggressively marketing its products worldwide and has a solid foundation to improve upon as SBG has already opened up sales of its brands in New York, New jersey, Louisiana and Florida. In addition the company has formed new partnerships and agreements to sell approximately four containers per quarter of Besado overseas which will increase revenues exponentially. These requiring revenues will be the foundation of the company's stock buyback program to reduce the float of the company's common shares. The company is in the process of moving forward to becoming a more transparent company buy becoming audited and QB certified. This gives SBG a strengthened distribution network and additional market opportunities for sales of its products both vertically and horizontally for its consumers. The company will announce new contracts as they are completed.
ISBG, based in Houston, TX, is an alcoholic beverage company specializing in the development, global sales, and marketing of innovative wine & spirits brands. The Company's expertise lies in the strategic development and aggressive early growth of its brands establishing its assets as viable and attractive acquisition candidates for the major global spirits companies. ISBG intends to build its brands as individual acquisition candidates while continuing to develop its pipeline of new brands in to the ISBG portfolio.
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SOURCE International Spirit and Beverage Group (ISBG)