ISBG CEO Issues Letter to Shareholders on the Road Ahead
August 08 2018 - 9:49AM
InvestorsHub NewsWire
Las Vegas, NV -- August 08, 2018 -- InvestorsHub NewsWire --
International Spirits and Beverage Group Inc. (OTCQB:ISBG) (“ISBG”
or the “Company”), a top-tier brand incubator in the Global Wine
& Spirits market, issues the following letter to shareholders
on the behalf of CEO Terry Williams:
Dear Valued Shareholder,
The past year has been one of profound evolution at ISBG. A year
ago, we were searching for a better financial foundation and a more
coherent operational identity. Today, we are riding a wave of
sustainable growth on a foundation of financial strength that we
owe to our brand incubation model, our committed shareholder base,
a ton of hard work, and an improved operating environment.
I wanted to take this opportunity today to provide some insight
into what’s behind our turnaround at ISBG and where this story is
headed from here.
The heart of this turnaround lies in our commitment, forged last
year, to focus on credibility above all else. As you can see from
our recent communications, we have reduced debt and streamlined the
cap table by reducing outstanding and authorized shares, undergone
a full audit of all financial records spanning two years of
operations, added governance talent to our Board of Directors, and
uplisted shares off the pink sheets and onto the far more credible
OTCQB Venture Exchange, thus gaining better access to institutional
investors, a broader shareholder base, and greater credibility with
our partners, clients, and customers, as well as with the wider
investment community.
All of these steps amount to one core objective: to signal to
the world in no uncertain terms that we are absolutely committed to
building something on top of a rock solid foundation.
With that in place – and we will continue to maintain that
commitment – our emerging focus will be on growth and innovation.
There are two parts to this story: Our brand incubation strategy
and our new strategic initiatives.
The first part of this story is something you have already
started to see with our landmark development of our thriving Besado
brand. We have some extremely exciting announcements on the way
with regards to these projects as well as our plans to continue to
add to this stable of brands. We will continue to provide new
details in the weeks to come.
The next part of this story is the birth of an extremely
interesting new chapter for ISBG.
Last week, we announced that we had forged a dynamic partnership
with leading blockchain engineering firm, Bengala Technologies,
LLC. To understand why this is such an interesting development,
it’s important to understand that ISBG represents an intersection
between Branding and Supply Chain Logistics. We operate in the
adult beverage space because that’s our area of expertise where
brand development is concerned. But our cost side is all about
logistics.
There are two avenues through which we can increase our level of
success: 1. Developing better brands and nurturing their exposure,
and 2. Engineering more efficient processes for taking things from
the farm to the store shelf across multiple markets.
Our new partnership with Bengala promises to give rise to a
world of potential in terms of extraordinary streamlining in costs
through the creation and adoption of a blockchain-based supply
chain management system. The technology is already functional and
will be implemented over coming quarters. This partnership, and its
blockchain/IoT IP, will also be operationalized in the form of a
separate unit, funded through a Token Generation Event, to drive
revenues in the B2B supply chain management marketplace.
In summary, we have set into place a rock solid new foundation
at ISBG. And we are in the process of building something extremely
exciting on top of it.
We will continue to focus on tightening up the balance sheet and
widening our sales footprint on our existing brands. But that won’t
stop us from aggressively moving into new high-growth markets over
coming months.
We have some extraordinary new talent set to come on board. As a
result, our range of expertise will expand to include markets as
diverse as CBD-infused beverages and partnerships that allow us to
diversify into enterprise sales in the internet-of-things
marketplace.
Stay tuned. Big things are on the way!
Best Regards,
Terry Williams, CEO
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: This press release may contain
forward-looking statements that involve risks and uncertainties.
These statements relate to future events or our future financial
performance. In some cases, you can identify forward-looking
statements by terminology including "could", "may", "will",
"should", "expect", "plan", "anticipate", "believe", "estimate",
"predict", "potential" and the negative of these terms or other
comparable terminology. While these forward-looking statements, and
any assumptions upon which they are based, are made in good faith
and reflect our current judgment regarding the direction of our
business, actual results will almost always vary, sometimes
materially, from any estimates, predictions, projections,
assumptions or other future performance suggested in this report.
Except as required by applicable law, we do not intend to update
any of the forward-looking statements so as to conform these
statements to actual results. Investors should refer to the risks
disclosed in the Company's reports filed from time to time with OTC
Markets (www.otcmarkets.com).
Contact: For Additional Investor Information: International Spirit & Beverage Group, Inc. info@isbg.global