InvestorsHub Logo
Followers 813
Posts 71326
Boards Moderated 2
Alias Born 01/30/2003

Re: None

Tuesday, 06/07/2016 3:07:21 PM

Tuesday, June 07, 2016 3:07:21 PM

Post# of 17485
$ISBG Newsletter Members Banking From .0004 x .0006 Area. pennystockprophecy.com <pennybuster@pennybuster.com>




To pennybuster@yahoo.com Jun 2 at 8:14 AM
(Mailing list information, including unsubscription instructions,
is located at the end of this message.)
__

International Spirit & Beverage Group, Board of Directors Agree to Restrictive Covenant Agreement and Stock Buy-Back Program to Reduce Shares of Company's Common Stock



Jun 02, 2016
OTC Disclosure & News Service

-

International Spirit & Beverage Group, Board of Directors Agree to Restrictive Covenant Agreement and Stock Buy-Back Program to Reduce Shares of Company's Common Stock

PR Newswire

NEW YORK, June 2, 2016

NEW YORK, June 2, 2016 /PRNewswire/ - International Spirit & Beverage Group, Inc. (OTC PINK: ISBG) has announced that the company's Board of Directors have approved a stock buyback program to reduce the company's common stock float. The company is in the process of establishing a brokerage account to execute the plan to buy-back shares of its common stock from the public market, and reduce the float by approximately 25%. The Board of directors have agreed that a percentage of revenues derived from several projects that the company is working on will be used for buyback program.

The company Board has also agreed to a restrictive covenant agreement that no stock will be converted through new note holder debt conversions to dilute the stock for the next six months. The company no longer needs to raise monies through toxic debt instruments that dilute the stock as revenues are increasing. The company is currently negotiating with all third party note holders to buy back their debt. The company is making these moves to increase the share value of the company for its shareholders and believes that the deals forthcoming will create greater value for the company. If the company chooses to increase the authorized shares it will be for the purpose of acquisitions, restricted dividends owed or for management services. The goal of the company is to reduce the amount of the shares in the actual float dramatically through stock buy back program.

As the company buys back stock in the open market it will have the shares pulled from the float in certificate form and thus have them removed from the float and the outstanding share total of the company. The decision to approve a stock buyback program by the company was made because the Board of Directors feels that the shares are undervalued and that the company is being shorted by market makers. The company will announce to the public when shares have been purchased and retired and expects to start the program as soon as brokerage account is opened and funded by the company.

ISBG President, Mr. Williams stated. "We are focused on creating long-term stability and growth of our company and feel that the next 24 months of projected revenues presents an opportunity for us to improve our company and shareholder value."

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. For more information visit: www.isbg.global

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.

SOURCE International Spirit and Beverage Group (ISBG)


Copyright © 2016 PR Newswire. All Rights Reserved


The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.







$ISBG Should Run Out Of The Gate Then Dip After The First Hour Or So Providing Opportunities 4 Those Interested.







Happy Trading!


:)


PSP










DISCLAIMER: pennystockprophecy.com (PSP) is an independent, membership-based E-mail and website providing information for momentum investors on selected public companies that in the opinion of (PSP) have investment potential. (PSP) may have positions in some of the stocks mentioned on this website or in the E0mails in the form of restricted shares, and will disclose its holdings in a company if the stock is profiled. This Research Report is being made available to the general public through access to the (PSP) website. (PSP), its employees and affiliates are not associated with any NASD or NYSE member firm. Be aware that the Self-Regulatory rules concerning "trading ahead of research reports" (NASD Conduct Rule 2110-4; NYSE Rule 472) prohibit member firms from making an inventory in securities is inapplicable to non-members who do not make markets in securities. The recommendation of securities on the OTCBB (Over the Counter Bulletin Board) often involve low-priced, thinly-tr
aded stocks. It is possible or even likely that moderate subscriber activity can artificially increase the price of the stocks selected. (PSP) trading intention with respect to these stocks is short term to mid term and (PSP) reserves the right to immediately liquidate or purchase additional positions of the securities recommended. Additionally the purpose of this report is to present investment ideas to the investing public from which the author may have established an inventory of restricted or free-trading shares and intends to make a short-term to mid-term profit on a portion or all of its holdings. (PSP) also reserves the right to hold a security for long term gain. In many instances this free newsletter could influence the market price movement initiated by subscribers purchasing the recommended stock. This market price movement could result in creating increased prices greater than the real value of the security and (PSP) may sell a portion or all of its holdings at any time before or immediately following his stock recommendation. Each individual investor must determine for his or herself how much profit or loss they feel comfortable with. The information contained within was obtained from sources believed to be reliable, but its accuracy cannot be guaranteed. The information contained is not intended to be nor should it be relied upon as a complete record or analysis and should not be the only source relied on when making an investment decision. Investing in small companies or low priced securities is extremely risky and investors should be prepared to lose all of their capital when making speculative investments. Investors are encouraged to read "Avoiding Online Investment Scams: Tips for Investors" - the information contained herein is not based on any privileged or insider information. Nor does this report constitute an offer or solicitation to buy or sell any security. (PSP) is not a licensed broker-dealer and does not make markets in securities. (PSP) may have received cash, free-trading shares, or restricted shares from the companies profiled as payment for such profile. This information and expressions or the opinion contained herein are subject to change without further notice. Furthermore, securities under $5.00 sold on the OTCBB traditionally fall within the designated securities rule if a broker were to recommend the stock triggering mandatory disclosures concerning the risk of such investing. Such disclosures are available for viewing on the OTCBB website. Lastly, many states have established rules requiring the approval of a security by a state security administrator for securities sold on the NASDAQ Small Cap Market and the OTCBB market. These rules are referred to as "blue sky laws' and the first modern state blue sky law was adopted in 1911 in Kansas. The term "blue sky" referred to speculative schemes that, in the words of a judge of the period, had no more substance than so many feet of "blue sky". The Kansas law served as the nationwide model for state regulation of securities offerings and the licensing of broker dealers and their agents. Check with www.nasaa.org/bluesky/ and call your State security administrator to determine whether a particular security is licensed for sale in your state. (PSP) does not advise investors to buy or sell securities, instead it alerts investors to stocks whose price (PSP) believes may rise as a result of momentum, volume, rumor, or other factors. (PSP) and its writers may receive compensation from companies mentioned on this website or discussed in any E-mails. All statements to and expressions of opinion made by (PSP) are opinion and are not meant to be a solicitation or recommendation to buy, sell, or hold securities. (PSP) makes no representations, warranties, or guarantees as to the accuracy or completeness of the statements made regarding the companies or stock purchases mentioned on this website. The ideas and information provided her do not necessarily represent those of (PSP). (PSP) does not warrant that the information on this website will be uninterrupted or error-free or that any mistakes regarding that information will be corrected. (PSP) is not a registered investment advisor or broker dealer. While it is (PSP) goal to locate and research equity investments in companies that have the potential for appreciation, investments in equity securities are risky and use of the information provided by (PSP) is at the investor's sole risk. Investors should not solely rely on the information provided by (PSP). Rather, investors should use the information appearing on (PSP) as the starting point for doing additional independent research on the companies mentioned in order to allow the investor to form his or her own opinion regarding investing in the companies mentioned. (PSP) does not warrant or make any representations regarding the use of or the results of the use of the materials on this website in terms of their correctness, accuracy, reliability, profit or otherwise. Past performance is not necessarily an indication of future performance. (PSP) makes no representation that any account will, or is likely to, achieve profits or losses similar to those shown. Day trading or momentum trading has both potential risks and rewards. Trading stocks based on the information provided by (PSP) may not be suitable for all users of this website. You, the investor, not (PSP) assume the entire risk of any trading that you choose to undertake. this message contains "forward looking statements" within the meaning of section 27A of the Securities Act of 1933 and Sections 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as "expects", "will", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur.

1. "There is an element of risk in all investments and trading decisions. Readers of the site should not assume that opinions expressed in the site will be profitable under all circumstances or market conditions PSP assumes no responsibility for any losses incurred as a result of information discussed in the site."

2. Links to third party sites are included only as a convenience to users. Use of any links contained in PSP's site is at the user's own risk. PSP is not responsible for the contents of any linked site or any link contained within a linked site, and does not attest to the accuracy or reliability of any linked sites. Links to other sites from PSP's site does not constitute or imply a site or product endorsement, or recommendation by PSP."

3. "PSP assumes no liability or responsibility for errors or omissions in the content of the site. Reasonable efforts are made to ensure accurate and up to date information, but PSP makes no warranties or representations as to content accuracy."

4. "PSP, nor any other party involved in creating, producing, or delivering the Site is liable for any direct, indirect, punitive, special, incidental, or use or misuse of the information or lack of information on the site or with the delay or inability to use or access the site or for any information, documents, services, software, or other material obtained through this site, or otherwise arising out of the use of the site, whether based on contract, tort, strict liability, or otherwise, even in PSP or any of its employees or affiliates have been advised of the possibility of damages."

5. "Nothing contained in the site should be construed as granting, by implication, estoppels or otherwise, any license or right to use any copyrights or trademarks that may appear in the site." No Compensation.



--
The following information is a reminder of your current mailing
list subscription:

You are subscribed to the following list:
pennystockprophecy.com

using the following email:
pennybuster@yahoo.com

You may automatically unsubscribe from this list at any time by
visiting the following URL:

<http://www.pennybuster.com/cgi-bin/dada/mail.cgi/u/pennyprophecy/>;

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.