ISBG CEO Addresses Strong Momentum and Corporate Evolution
June 25 2019 - 11:28AM
InvestorsHub NewsWire
ISBG CEO Addresses Strong Momentum and Corporate Evolution
Las Vegas, NV -- June 25, 2019 --
InvestorsHub NewsWire -- International Spirits and Beverage Group
Inc. (OTCMKTS: ISBG) (“ISBG” or the “Company”), a top-tier brand
incubator in the Global Wine & Spirits and CBD-Infused Products
markets, issues the following letter to shareholders on the behalf
of CEO Terry Williams:
Dear Valued Shareholder,
As we begin to establish growing momentum in our overall
business model, I wanted to take this opportunity to express our
gratitude for your commitment and loyalty to our long-term value
proposition and to discuss our current opportunities and our
roadmap as we gear up to execute on the opportunities that lie
ahead.
The first point to make here today is the growth that we are
seeing in our new Health and Wellness division. We are in the
process of completing an audit of financial data, which, once
completed, will show over $300k from this new division that went
straight to the bottom line in 2018, and we are supremely confident
that we will sharply exceed that performance in 2019.
As a result of the growing importance of this segment, we are in
the process of officially changing the name of the Company to
reflect the direction we see our business heading in the quarters
and years ahead. The new name will be “International Spirits and
Wellness Holdings”.
We are still very much committed to the promise we see in our
Besado Tequila product line. This is an award-winning premium
tequila that has a very bright future ahead of it. But, beyond
that, we are really doubling down on our strong P19 CBD product
line, which has expanded to include a variety of CBD-based products
and functional beverages.
The growth in these markets is extremely exciting, and we
believe very strongly in our ability to execute on that
opportunity, which will be a major financial growth driver in
calendar Q3 and Q4 of 2019 and through 2020.
I also want to point out our corporate website will be updated
with a sleek design that expresses our vision and our value
proposition. The site will include updated team information with
the names of our key advisors. We encourage you to check it out at
isbg.global.
We will strive to keep you informed as we push forward with all
cylinders firing through the remainder of the year.
Best Regards,
Terry Williams, CEO
About ISBG: International Spirits and Beverage Group (ISBG) is
an authorized importer, licensor, and marketer of premium beverage
brands, with sales of innovative products and brands worldwide.
Based in Nevada, the Company's expertise lies in the strategic
development and aggressive early growth of its brands and the
establishment of these brands as viable and profitable as an
incubator. ISBG intends to nurture emerging brands through critical
stages of market development, including conceptualization,
go-to-market strategy, supply chain and logistics engineering,
integrated marketing, and distribution. In addition, ISBG has now
established itself as a health and wellness company with a focus on
reshaping the CBD products market through state-of-the-art
nanotechnology processes, developing a wide range of nano-infused
CBD gummies and beverages formulations. These products will be sold
through the Company’s website, as well as through established
wholesale and retail distribution channels. The company has also
partnered with Bengala Technologies to develop and commercialize
enterprise and B2B software technology products targeting the
logistics and supply-chain marketplace.
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
- Source: ISBG
-
Industries: Financial, Consumer, Retail, Healthcare