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Tuesday, 06/07/2016 10:51:26 AM

Tuesday, June 07, 2016 10:51:26 AM

Post# of 14043
ISBG HUGE NEWS!!!****[/b]

NEW YORK, NY, June 7, 2016 /PRNewswire/ - International Spirit & Beverage Group, Inc. (OTC : ISBG) has announced that the company's Board of Directors have agreed to buy up to 300 million shares of common stock in the market of ISBG and pull the certificates from the float. This is an act of confidence in the company's future. When the board of directors buys stock in the market their stock becomes restricted for one year. The Board feels that they have put together a phenomenal plan to bring continual revenues to the company and in an effort to build greater shareholder confidence is buying their own stock. When the board buys stock they will announce their purchases to the public. They expect to start buying common stock in the market this week.

The company has also filled out all the necessary paperwork to establish a brokerage account to execute the plan to buy-back shares of its common stock from the public market, and reduce the float substantially. The company expects the account to be opened this week. The Board of Directors has agreed that a percentage of revenues derived from contracts will be used for buyback program. The company will make announcements on new revenue projects shortly that will enhance the buyback program.

ISBG President, Mr. Williams stated, "We feel that ISBG has a tremendous future with contracts that we have already agreed to and are currently in negotiations. The board is committed to creating greater value in the company with increased revenues and assets. The company stock buyback program along with insider buying is the best way to show our shareholders we are committed to the long-term future for ISBG. It is our goal to reduce the float dramatically in preparation to becoming a fully reporting company and QB certified."

About ISBG

ISBG, based in Houston, TX, is an alcoholic beverage company specializing in the development, global sales, and marketing of innovative wine & spirits brands. The Company's expertise lies in the strategic development and aggressive early growth of its brands establishing its assets as viable and attractive acquisition candidates for the major global spirits companies. ISBG intends to build its brands as individual acquisition candidates while continuing to develop its pipeline of new brands in to the ISBG portfolio.

Safe Harbor Statement

Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.

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