BlockQuarry Corp (BLQC)

[loanranger]

HOUSTON, TX / ACCESSWIRE / May 14, 2015 / Top Shelf Brands Holdings, Inc., a Nevada Corporation (DKTS), is pleased to announce the company has accepted an offer from International Spirit and Beverage Group, Inc. (ISBG), to purchase a 75% stake in the Dziaq and Besado Tequila brands in exchange for shares of ISBG common stock and assumption of certain DKTS debt notes.
Top Shelf Brands Holdings, Inc., has agreed to distribute the shares of ISBG to the DKTS common shareholders of record as of 5:00 p.m., Eastern Daylight time on May 26, 2015, the record date for the distribution.

HOUSTON, TX / ACCESSWIRE / July 30, 2015 / Top Shelf Brands Holdings, Inc.'s (a Nevada Corporation) ("Top Shelf") (OTCPK: DKTS) management is pleased to announce today that International Spirit & Beverage Group (OTCPK: ISBG) has completed the transaction for Besado Tequila and Dziaq Liqueur by issuing roughly 95 million restricted shares of ISBG common stock.
"Inquiries, email or otherwise, about this process should be directed to Top Shelf management as International Spirit & Beverage Group has complied with the terms of the purchase agreement and is no longer able to comment on the share distribution process."
(No mention of any notes was made in the release.)



As of this writing no Top Shelf shareholder has reported the receipt of any of the "roughly 95 million" ISBG shares that were distributed, according to the Top Shelf press release, by ISBG. Top Shelf shareholders have been asked repeatedly if they have received any of those shares in the year since ISBG purportedly issued them and not one has responded positively.

I believe that what should have happened was ISBG's transfer agent or ISBG itself should have transferred a certificate for the 90+M shares to Top Shelf's transfer agent (or Top Shelf itself for forwarding to its transfer agent) so that the shares could be divided among the Top Shelf shareholders and distributed to them.

According to the records of the State of Nevada TOP SHELF BRANDS HOLDINGS CORP. (currently in default status) has only ever had one Officer and Director....Alonzo Pierce. He has failed in his duty to protect the assets of that company and to act in the interests of its shareholders by his failure to assure the proper distribution of those shares. That can't be argued.



So what happened to the shares that the public was told this about a full year ago?
"International Spirit & Beverage Group (OTCPK: ISBG) has completed the transaction for Besado Tequila and Dziaq Liqueur by issuing roughly 95 million restricted shares of ISBG common stock."

The SEC should be asking Alonzo Pierce that question any day now, if they haven't already.

According to the Annual List filed with Nevada two weeks ago Alonzo Pierce is the President and Chairman of the Board of International Spirit and Beverage Group Inc. (ISBG).
Documents filed by both parties to the agreement indicate that Pierce was a control person of both companies at the time of the agreement.