Top Shelf Brands Update Shareholders on Legal Case with Former Officers and Reiterates Its Focus on Imminent Product Launches
August 15 2014 - 1:34PM
Access Wire
Houston, TX / ACCESSWIRE / Aug 15, 2014 / Top Shelf
Brands Holdings, (a Nevada Corporation) (OTCBB: TEMN), Top Shelf
Brands is pleased to announce today that the long and awaited
summary judgment court case regarding the permanent cancelation of
the 1 Billion shares that we believe to be fraudulent, was
cancelled. The shares in question will continue to be held in
safekeeping with the courts indefinitely until proven
otherwise.
CEO Alonzo Pierce stated, “I am shocked that the opposition has
decided submit affidavits and subject themselves to litigation
which may lead to possible investigation related to alleged
fraudulent activity. We have hired a team of highly experienced
attorneys who are extremely confident that the non-registered
shares in question are not valid and will indeed in time, be
canceled. We will move to the next stage in this matter which will
include “discovery” which we believe will clear this matter up
completely”
Mr. Pierce continued to state, "My main priority is to focus all
of my time on building our brands, increasing top line revenue
growth and profitability which will result in an increase
shareholder value. There is NO REVERSE SPLIT in our plan as we move
forward as we value our loyal shareholders. Our new, highly
anticipated Tequila mark, Besado is currently in production and is
scheduled to launch imminently. The first shipment of 25,000
bottles of Besado and additional inventory of Dziaq will be
dispersed to Florida, Texas, New York, and Georgia. Finally, we are
still on track to successfully achieve our 2015 top line revenue
target of fifteen million dollars".
About TSB:
Top Shelf Brands Holdings incubate, create, markets and supplies
branded alcoholic beverages with an initial offering of Tequila,
Liqueur and Bourbon. Being a federally licensed importer and
supplier of alcoholic beverages gives us a competitive edge. Top
Shelf Brands is dedicated to “Incubating and Creating Brands People
Talk About”. Top Shelf Brands is positioned to capitalize on the $1
trillion spirits industry. Strong growth in the industry is
anticipated primarily in the premium category.
This news release contains "forward-looking statements" within
the meaning of the U.S. Private Securities Litigation Reform Act of
1995. When used in this release, words such as "estimate,"
"expect," "anticipate," "projected," "planned," "forecasted" and
similar expressions are intended to identify forward-looking
statements, which are, by their very nature, no guarantees of Team
Nations Holdings Corporation, Inc.’s future operational or
financial performance, and are subject to risks and uncertainties.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
release. Due to the risks and uncertainties, actual events may
differ materially from current expectations. The Company disclaims
any intention or obligation to update or revise any forward-looking
statements, whether as a result of new information, future events
or otherwise.
Contact:
Top Shelf Brands Holdings Corp.
(832) 390-2787
Source: Top Shelf Brands Holdings Corp.
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