BlockQuarry Corp (BLQC)

[Carini]

Here are some $ISBG facts:

International Spirit and Beverage Group, Inc. ($ISBG) was formed on September 12, 2014, as a Texas Corporation with Alonzo Pierce as Director. It has the same corporate address as most of Pierce’s other businesses. (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111229147)

September 12, 2014, oddly enough, was also the same day that a settlement was reached in the lawsuit filed against Pierce and Top Shelf Brands ($DKTS) (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111229392).

In that settlement, Pierce admitted that certain stock certificates representing a billion shares of DKTS (formerly TEMN) were valid, and thus apparently invalidated his majority control of the company while also apparently making all the debt notes he had written to TEMN/DKTS lenders invalid for conversion/sale under Rule 144 because he didn't have the corporate authority to write them.

In any case, Pierce also set up a number of other private LLC’s and holding companies around that time, beginning as early as June 2014. By Thanksgiving 2014, then, Pierce was the registered owner/director of six companies:

1. Top Shelf Brands Holdings (Nevada)

2. International Spirit and Beverage Group (Nevada/Texas, formed Sep. 2014)
3. Watr-Baak Holdings LLC (Texas, formed June 2014)

4. Besado Tequila LLC (Louisiana, formed 11/14/2014)
5. Dziaq LLC (Louisiana, formed 11/14/2014)
6. Kentucky Tequila LLC (Louisiana, formed 11/14/2014)

Then, in February 2015, a PR was released by a company called Fima, Inc., stating that it was going to be merging with ISBG. That PR did not mention Alonzo Pierce at all, but it did say this:

“Fima, through ISBG's contract with Watr-Baak Holdings, also secures ownership of certain intellectual property rights and brand licensing. Watr-Baak operates and licenses the brands, manages underlying proprietary formulas and branding related trademarks for a number of products.”

finance.yahoo.com/news/fima-inc-merges-international-spirits-140400841.html

It's not clear exactly what assets Alonzo Pierce's Watr-Baak holdings owned or acquired since its inception in June 2014, and/or what kind of contracts the Alonzo-Pierce-owned Watr-Baak Holdings had with the Alonzo-Pierce-controlled ISBG, but I'm sure all this will be disclosed in ISBG's audited financials soon right?

Anyway, to sum all that up, it appears that Alonzo Pierce, as President and CEO of Top Shelf Brands (DKTS), set up a series of private LLC’s to hold DKTS’s assets, including Besado and Dziaq, all while still putting out PRs at DKTS promising that label approval/launch/great things were coming soon for DKTS shareholders.

And yet, while saying all that out of one side of his mouth, at the same time Pierce managed to reverse-merger ISBG into Fima, Inc. (with Terry Williams as CEO), and then suddenly and totally "unexpectedly" he “sold” Besado/Dziaq from DKTS (where he was president and CEO) to ISBG (where he is Chairman of the Board of Directors and majority shareholder), in the neat little LLC packages that had been set up in Fall 2014.

Meanwhile, Pierce put out a PR on March 31 stating that DKTS’s lenders were totally cool with his business plan and had in fact agreed to extend their notes another year before conversion because “every single debt holder unequivocally supports the direction of the company by their agreement to the term extension” (http://finance.yahoo.com/news/top-shelf-ceo-announces-agreement-122800574.html). As several of those debt holders have since made clear, there in fact never was any such agreement.

As a result of that, and the whole Rule 144 ineligibility thing and the failure to hit a single announced deadline or bring a product to market for over a year even though "most of the work was complete" (according to Pierce) for launch back in June 2014, not to mention all Pierce’s various other lies and deceptions over the past year and a half, it also now appears based on what’s been going on over at DKTS that a bunch of those lenders are going to sue Pierce if ISBG doesn’t somehow pay them back for the money they lost by investing with Pierce in the first place. Hence, the ISBG/DKTS share-exchange/purchase/something-or-other deal that was announced and will purportedly happen by the end of this month.

And now, lo and behold, there’s been another long-awaited PR about a “huge deal” full of promises but containing no actual details regarding the terms, and the stock made a 25% drop today on massive selling in the wake of that announcement.

All this from a company that is way overdue in its financials (and has a “STOP” sign as a result), whose chairman and majority shareholder just negotiated a deal with another company he is CEO of, which also has a STOP sign and delinquent financials, and which also was announced with precious little details about how the deal will actually happen. Oh, and he ran that stock from a penny down to .0002 last year.

But don’t worry, I’m sure the details will come right?

Just like when Top Shelf Brands, under Alonzo Pierce, acquired Dziaq back in April 2014 right? And then they released that PR about the deal that said this:

financial terms of the agreement with OTR will be disclosed through an 8k filing.

www.marketwired.com/press-release/top-shelf-brand-holdings-corp-finalizes-acquisition-of-dziaq-and-besado-pinksheets-temn-1903575.htm

Oh wait, that 8k was never filed, and those terms were never disclosed.

And now ISBG supposedly owns Dziaq after Pierce’s deal with himself.

The saga continues…