LONDON, Jan. 15 /PRNewswire-FirstCall/ -- GuestTek International, Inc. (Pink Sheets: GESM) is pleased to announce that its Board of Directors has approved a dividend of restricted common stock of Shot Spirits Corporation (Pink Sheets: SSPT) for shareholders of record as of today, January 15, 2010. GuestTek shareholders are to receive 2 shares of Shot Spirits Corporation stock for every 3 shares they own of GuestTek International stock as of the Record Date; no fractional shares shall be issued. Shot Spirits Corporation is currently trading at approximately $.004 per share.
GuestTek recently completed the sale of its GuestMetrics subsidiary to Shot Spirits in return for $5 Million, paid in the form of restricted common shares of Shot Spirits stock to GuestTek in November 2009. The Company retained the right to market and sell GuestMetrics' software products, for which GuestTek will receive a commission on all net revenue generated from software sales.
"This dividend is to thank our shareholders for their loyalty as GuestTek International continues to fulfill its business strategy," stated David Lovatt, Chairman and CEO of GuestTek International, Inc.
For more details on GuestTek International accomplishments in 2009 and expectations for 2010 read the Company's "President's Letter" posted on: www.guesttek-inc.com
About Shot Spirits Corporation:
Shot Spirits Corporation has operations through its two wholly owned subsidiaries, Shot Spirits International, Inc. and GuestMetrics, Inc. Shot Spirits International, Inc. is a beverage company focused on products for the on premise and off premise market place. GuestMetrics, Inc. (www.guestmetrics.com) is a leading provider of customer insight solutions for the hospitality industry, its suppliers and distributors. The GuestMetrics software is fully integrated with the leading point of sale (POS) systems and allows hospitality providers at every level of the market to improve business operations.
About GuestTek International:
GuestTek International specializes in cloud based technologies that use the Internet to deliver business critical applications via a global network of partners. GuestTek International plans to grow via strategic acquisition over the coming 12 months as well as strong sales through its subsidiary,
Enable Software Ltd.
Enable Software Ltd., a European based email management software solutions company, works exclusively with IT Service Providers to furnish them with the very latest in email management solutions for the modern market place. Their solution covers everything from Archiving, Anti-Spam, Disaster Recovery and Business Continuity.
For more information, please visit www.guesttek-inc.com
Safe Harbor Statement:
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, competition, changes in technology and methods of marketing, delays in completing various engineering and manufacturing programs, changes in customer order patterns, changes in product mix, continued success in technological advances and delivering technological innovations, shortages in components, production delays due to performance quality issues with outsourced components, and various other factors beyond the Company's control.
SOURCE GuestTek International, Inc.