Analyst Coverage Initiated; International Spirit & Beverage Group, Inc. (OTCMKTS: ISBG)

Date : 06/13/2016 @ 8:00AM
Source :InvestorsHub NewsWire
Stock : International Spirits & Beverage Group, Inc. (PC) (ISBG)
Quote : 0.03824  0.00324 (9.26%) @ 11:31AM

Analyst Coverage Initiated; International Spirit & Beverage Group, Inc. (OTCMKTS: ISBG)

Houston, TX -- June 13th, 2016 -- InvestorsHub NewsWire -- International Spirit & Beverage Group, Inc. (OTCMKTS: ISBG) a real estate acquisition, development, and consulting company, recently announced that the company's Board of Directors have agreed to buy up to 300 million shares of common stock in the market of ISBG and pull the certificates from the float. This is an act of confidence in the company's future. When the board of directors buys stock in the market their stock becomes restricted for one year. The Board feels that they have put together a phenomenal plan to bring continual revenues to the company and in an effort to build greater shareholder confidence is buying their own stock. When the board buys stock they will announce their purchases to the public. They expect to start buying common stock in the market this week. The company has also filled out all the necessary paperwork to establish a brokerage account to execute the plan to buy-back shares of its common stock from the public market, and reduce the float substantially. The company expects the account to be opened this week.  The Board of Directors has agreed that a percentage of revenues derived from contracts will be used for buyback program. The company will make announcements on new revenue projects shortly that will enhance the buyback program.

For a more detailed research report with analyst comments on International Spirit & Beverage Group, Inc. (OTCMKTS: ISBG) please follow the link. There is no cost obligation required to view analyst brief:


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