LAS VEGAS, March 7, 2017 /PRNewswire/ -- International Spirit & Beverage Group, Inc., (a Nevada Corporation) (OTCPK:ISBG) is pleased to announce that it has reached an agreement with Passion Spirits, LLC to build, operate, and maintain an industry leading e-commerce platform for Besado Platinum Tequila™, providing direct-to-consumer delivery.
"Online sales is very much the future for the Wine and Spirit industry," stated Alain Scheiman, President of Passion Spirits, LLC. "With Besado's innovative and unique offering and eye-catching packaging, the potential online is extremely promising."
"We are excited to be re-launching our Besado website to incorporate our new online sales platform, that will further illustrate our dynamic brand as we grow in the marketplace. Our new e-commerce platform will enable us to reach up to 80% of the country including all of the major markets. We will have our new website and online store live by March 24th and available for pre-orders of our latest production of Besado Platinum. Our new website will further detail both our Besado Platinum and our upcoming limited release Besado ORO, both crafted with premium tequila and carefully blended with our natural herbal infusions," said Terry Williams, CEO of International Spirit & Beverage Group.
"I'm pleased to further announce we will be releasing details of our new back-of-house national supply chain deal shortly as minor details are being finalized. The combination of our new online sales platform, along with our soon to be announced national supply chain and logistics provider gives International Spirit & Beverage the foundation we need to properly grow our brands. We will also continue working alongside our current distributor RNDC, and other select distributors, as we expand in the current markets," Williams noted.
"Our initial order of 2,000 cases of Besado Platinum has been depleted, bringing revenues of $300,000 with an additional 2,000 cases slated for shipment imminently. In process, is an additional production run of 10,000 cases which will be used toward fulfillment of expected orders coming from Passion Spirits, LLC and our soon to be named national supply chain and logistics provider. This is an exciting time in the evolution of the company, as we are now at the outset of a major expansion set to commence over the weeks and months ahead."
"I'd like to address our recent share structure changes. The authorized share count was indeed increased, and I want to assure our shareholders past, present, and future, of all our associated businesses, that the increase was necessary to accommodate a critical move by the company that will greatly benefit our investors and be detailed in upcoming press releases and audits. We very much value our loyal investors and plan to demonstrate that appreciation with a tangible return to those who have believed in our mission to make Besado one of the top selling Tequilas on the market."
In closing, Williams stated, "We are extremely excited about the distribution channels we've currently secured, in addition to the one we will be announcing within several days, and within the time frame initially projected in our February 9th, 2017 press release. We thank our shareholders for their continued support and patience as we remain focused on expanding and growing our innovative Besado brand across the country." Stay tuned for additional guidance from the company on some exciting developments.
Besado Platinum Tequila™ is currently available in Texas, New York, New Jersey, Florida, Louisiana and Maryland, as well as online commencing March 24, 2017.
About ISBG: ISBG is a Nevada-based alcoholic beverage company specializing in the development, marketing and global sales of innovative wine and spirits brands. The Company's expertise lies in the strategic development and aggressive early growth of its brands and establishing these brands as viable and profitable. ISBG intends to build its own brands while seeking out individual acquisition candidates to continue to develop its pipeline of new brands into the ISBG portfolio. For more information visit: www.isbg.global
Forward Looking Statements: The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
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SOURCE International Spirit & Beverage Group, Inc.