LAS VEGAS, NV--(NewMediaWire - Jan 25, 2017) -
International Spirit and Beverage Group Inc. (a Nevada Corporation)
(OTC
PINK: ISBG) management is pleased to announce that the
Company has reached an agreement to settle a $294,000 legacy note
for $100,000 with the remainder of the debt to be retired.
"When we set out to restructure our current debt, we had no idea
it would generate such a renewed energy and belief in ISBG," CEO
Terry Williams said. "I was happy with the 18-month extension we
signed but I was thrilled when the note holder called back to make
this offer. He did so because he liked the direction in which the
company is headed and wanted to be a part of the solution."
This retirement will have an immediate impact on the balance
sheet as the current liabilities will be significantly reduced and
will subsequently reduce the monthly interest expense as well. The
terms are being finalized by our legal team and recordation of this
will be shown in the first quarter financial statements.
"Increasing sales and building shareholder value is our focus
from this point," Williams added. "Our integrated marketing
campaigns commence this February and we will soon be announcing an
industry leading national online sales platform, providing our ISBG
brands with a progressive home order and fulfillment capability to
over 40 states. All the pieces are starting to fall in place and
2017 is shaping up to be a true breakout year."
Besado Platinum Tequilaâ„¢ is currently available in Texas, New
York, New Jersey, Florida, Louisiana and Maryland.
ISBG Product Placement Recap:
Jermaine Dupri, Bow Wow-
"WYA"
https://www.youtube.com/shared?ci=647GM8PLFvY
Alex Sensation- "Bailame" ft.
Yandel, Shaggy
https://www.youtube.com/shared?ci=doMM-Vj03dQ
T-Pain, Juicey J "Make That Sh*t
Work"
https://www.youtube.com/shared?ci=QXD9NdTW7Nc
K. Camp- "1Hunnid" ft Fetty
Wap
https://www.youtube.com/shared?ci=FPzw13T7IZg
Game Ft. Justin Timberlake &
Pharrell - "Ain't No Doubt
About It"
http://www.hiphopstan.com/the-game-aint-no-doubt-about-it-justin-timberlake-pharrell/
Akon Ft. Lil Wayne & Young Jeezy -
"I'm So Paid"
http://www.youtube.com/watch?v=tnAbKuGss4Y
Black Dada Ft. Rick Ross & Birdman
- "Imma Zoe Remix"
http://www.youtube.com/watch?v=AfTEAnn7Jh4
DJ Khaled - Ft. Young Jeezy, Rick Ross &
Schife - "Put Your Hands Up"
http://vimeo.com/9922009
Ace Hood Ft. Akon & T-Pain -
"Overtime"
http://www.youtube.com/watch?v=Jf_L9TImDUs
Ace Hood Ft. Rick Ross & Jazmine
Sullivan - "Champion"
http://www.youtube.com/watch?v=zp42eBxSdlM
Hustle Holicz - 'I'm So Throwed
Off'
http://www.youtube.com/watch?v=YaiFD6Xcipg
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: http://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.