Liquor Group Wholesale, Inc.(fka LIQRQ)

[Toxic Avenger]

Hey, don't hate me for being right

[Toxic Avenger]

By "sitting there" do you mean that since only 200 shares have traded in the last 7 weeks, the price is stable?
Because the 52 week low of $1.05 with a bid of 14.9 cents doesn't look too good to me.

[BCInvestor]

TA says 380+ but that includes the 1 share holders from the split.

Price still sitting there, so no worries yet.

[Toxic Avenger]

???? It looks like LIQR has no outside shareholders (with the possible exception of you), so who would complain?

5,600 shares traded the entire year of 2011?

[Toxic Avenger]

LOL, you mean the 85% held by insiders? No, never fell for the LIQR scam or the DKAM one. I just like pointing them out for others to avoid. Not necessary in LIQR's case since it died with that screwing.

[BCInvestor]

Screwing the shareholders? More than 85% voted to approve the reverse split, so who got screwed?

Sounds like sour grapes to me.

You must be investing in DSCAM again, which is pathetic since it is less than a penny and will have to reverse again very soon.

[Toxic Avenger]

Certainly not the shareholders. If you mean the company, it's impossible to tell since they no longer file financials. Based on the screwing they gave shareholders, and apparently the same to DKAM, I would guess their stock is not likely to recover. It appears to me that at least some of their earlier gains were simply appropriating DKAMS's product without paying for it.

[BCInvestor]

From the look of things, they are still making money...

[Toxic Avenger]

Yeah, hard to believe the stock has only traded 900 shares in the last 3 months on a total of 4 days.

Oh wait, no it's not.

[BCInvestor]

Nice announcement yesterday about expanding with DEO.

[Johnnymangoes]

WHY?...

[BCInvestor]

I'm here almost every day...

[Johnnymangoes]

No..where have you been hiding????....

[BCInvestor]

I heard that the industry is in dissaray. Republic National both at risk of going under due to debt. Southern unable to repay Bank of America $2BN loan. What is going on out there?

[wannacitrun]

I hear good things came of it !

[wannacitrun]

Even funnier...they still haven't tried to purchase. The "last laughs" will be from the back of a yacht somewhere in the Atlantic Ocean.

[BCInvestor]

WSWA Convention started yesterday, it will be interesting to see who is in attendance this year...

[BCInvestor]

Where have you been hiding?

[BCInvestor]

Diageo New $2.1 BN Purchase Launched in the US by Liquor Group

April 4, 2011 – Jacksonville, FL – In late February 2011, Diageo (NYSE:DEO) the world's largest spirits maker, agreed to buy Mey Icki Distillery, Turkey's biggest spirits company, that holds an 80 percent share of the country's top-selling spirit categories. London-based Diageo, maker of leading alcohol brands including Johnnie Walker whisky and Smirnoff vodka to name a few, acquired Mey Icki and their entire portfolio of products from the private equity firms TPG Capital and Actera for $2.1 billion in cash. TPG Capital manages $48BN in assets with operations worldwide, while Actera is a Turkish Based fund operating in excess of $500 million.

Liquor Group Wholesale (Publicly Traded: LIQR) and it’s privately held state level distribution network was chosen to implement the initial 2 year US distribution strategy for Diageo’s Mey Icki Portfolio, which is lead by Binboa Vodka; the first containers of the vodka the have already landed on US shores at Liquor Group distribution hubs. Binboa comes in award winning bold flavors including: Red Apple, Satsuma, Red Orange and Strawberry, to suit the palates of the new “Daring Taste Aware Consumer”. These products are already funneling through the State Level Customer Distribution Channels of Liquor Group, are being registered for sale in various states and are moving towards end consumers.

“Liquor Group is very pleased to be selected among all of the larger distributors commonly used by major portfolios like Diageo to launch and develop these important brands throughout the US.” says C. J. Eiras, CEO of Liquor Group Wholesale “Our unique abilities and flexibility-to-market allows Liquor Group to achieve distribution success for smaller and larger brands; Binboa will see immediate results at the cash registers due to our Patent-Pending Bailment Distribution Model.”

Binboa’s successful marketing approach is based on a Cerebral Mid-Twenties Survey Style Advertising Campaign; including such slogans as: “On a Night Out, 95% of Party Goers Meet New People, 5% Remember Their Names Afterwards…” and “On a Friday Afternoon, 4% of People Work, 96% Pretend To Work.” High quality spirits coupled with this catchy marketing approach has earned Binboa Vodka the largest market share in segments of Europe and Asia, and will appeal to hip, market savvy US consumers as well. Eiras summarized: “Since Diageo has spent more on this acquisition than Bacardi spent on the purchase of Grey Goose Vodka, we at Liquor Group are confident that this Portfolio is well positioned for success.”

[BCInvestor]

Somebody just filed something in the public records that is going to be huge...

[BCInvestor]

Cool. Glad we have that understanding.

[Johnnymangoes]

Same here...peace

[BCInvestor]

I just researched the wines LIQR PR'ed. They are really high dollar juice!

[BCInvestor]

Oh I wish you well Johnny, I really don't wish you or any others Ill Will. Good luck with the flips.

[Johnnymangoes]

Pleeease...made $4800 on a quik flip..and you? watch very close your're gonna wish you bought

[BCInvestor]

Nice close today for you guys. HA HA HA!

[Johnnymangoes]

Thx for making your presents over at DKAM again..very EXCITING day over there unlike HERE!!!...wait till the next few days..you're gonna wish you added when everyone else was at .0014's...GLTU with this TURD...

[BCInvestor]

Tequila has gotten so expensive that you need a rebate to pay for it!

[BCInvestor]

Sonny, I don't expect you to understand this, but DKAM did not win against LIQR. DKAM won against Liquor Group Holding, LLC. This is a company that LIQR did not own, they just had a contract with them.

LIQR lost nothing and will have to pay nothing. DKAM will get nothing from Liquor Group Holding, LLC because it has been out of business for several years from what I can tell.

If you go to SUNBIZ.org and look it up, you will see what I am talking about.

Good luck with DKAM, I think it will go much lower then reverse again.

[sonnyman]

Guess that couch best have lots more coin

Liqr vs DKAM = DKAM WIN


DKAM I WAS BUYING IT TODAY. liqr lost so i dunno maybe its time to close there doors or just gift over the company to DKAM save on paper work and tax .

WHAT u think B.C.

I mean DKAM was a steal At 0.0017 imo now that they won the court case dont u think ?

[Orenthal]

"Now consider that every other pink out there blames Naked Canadian Illuminati Caribbean Short Traders..."

Don't talk about Kez like that.

I think many things become obvious once you survive an investment in a company like DKAM. IMO no better education in a free market then that!

[BCInvestor]

Think about this, LIQR trading at 0 but at a value of $3 with a bid over $1.00. Obviously shareholders don't want to sell at $1 and new blood does not want to buy at $3. Shareholders holding tight for many months now, wonder why?

Now consider that every other pink out there blames Naked Canadian Illuminati Caribbean Short Traders for the downfall of their stock, yet LIQR does not drop, and if it ever does, it bounces up literally with 100 shares...

Must be something to it, right?

[Orenthal]

Ah another trader who is batting a thousand. You guys never miss.

[BCInvestor]

Interesting that there has been no selling off of LIQR after the news, even though it actually had no effect on LIQR itself once you read the SEC document. The shareholders are firm about their commitment to this company!

[BCInvestor]

Devil is in the details...

[Toxic Avenger]

Thanks. I still don't understand how LIQR, the public company took credit for significant DKAM revenues (back when they were a filing entity).
This is from LIQR's own filing and sure doesn't sound like the deal was with an unaffiliated 3rd party.
"Breach of Contract Claims Against Drinks Americas:

On June 30, 2009, Liquor Group Wholesale, Inc. OTCBB:LIQR (Liquor Group) filed
claims exceeding $1,000,000.00 of damages against Drinks Americas Holdings, LTD.
OTCBB:DKAM (Drinks America), Case Number 002-JWM-CHT, in Duval County, FL, and
is seeking additional damages including but not limited to:

o Breach of Contract
o Loss of Contractual Rights
o Loss of Future Commissions & Gross Sales
o Shareholder Value Damages
o Tortuous Interference With a Business

History:

In April 2008, the Liquor Group contracted and commenced representation of
Drinks Americas' products in the State of Michigan, an agreement which was
swiftly amended to include Florida and subsequently Sixteen (16) additional
states (all NABCA.org listed Control States except MS) for a total
representation in 18 US States. The contracts are for exclusive representation
of brands marketed by Drinks Americas including: Trump Vodka & Trump Flavored
Vodkas, Willie Nelson's Old Whisky River Bourbon, Damiana Liqueur, Bo Dietl's
Casa BoMargo Wines, Cohete Rum & Aguilla Tequila, and other Drinks Products as
they become available. These agreements utilize Liquor Group's patent pending
Bailment method for the sale of alcohol products to the state level. Once
delivered at the state level, the privately owned Liquor Group companies or
affiliated companies take over the operations representing the goods to
bar/restaurant/liquor store customers.

On or about December 19, 2008, Liquor Group notified Drinks Americas of their
numerous contract violations, including but not limited to overdue marketing
funding and insufficient inventory to fill customer orders in excess of
$300,000.00. At this time Liquor Group suspended further depletion payments per
the agreement procedures, and declared a six month notification for liquidation
of Drinks Americas all remaining inventory in the possession and control of
Liquor Group under the contractual agreements for re-payment of monies due.
Drinks Americas' representatives only responded that they would be able to bring
the agreement into compliance soon.

The multi-state inventory depletions and marketing fund positions were
reconciled April 1, 2009, showing a balance due by Drinks Americas to Liquor
Group, even after applying all collected funds withheld from sales of Drinks
Americas' products post December 19, 2008. Drinks Americas was given time to
bring their accounts current with Liquor Group and to revise the marketing
agreements at this time, however no action was taken on their part to rectify
the deficiencies.

After a courtesy five day notice sent on June 15, 2009, approximately
$103,524.28 of Drinks Americas' inventory remaining in Liquor Group possession
was declared liquidated per the terms of the contracts, and is now wholly owned
by Liquor Group. The funds from the liquidation have been used to help defray
Drinks Americas' marketing debt obligations to Liquor Group, which will still
remain mostly unanswered.

At the time of this document filing, more than $830,000.00 of orders generated
by Liquor Group remained unfilled by Drinks Americas, a major contract violation
and contributor to the proceedings herein."

[BCInvestor]

Kezz,

To answer you question from the other board, (I only get 3 posts per day there):

Liquor Group Wholesale, Inc., a Colorado Corporation (LIQR) was listed in the Arbitration documents as the "Beneficial Claimant" in the case. I never knew what this meant, but now I think I do.

Essentially the DKAM contract was with Liquor Group Holding, LLC., that is the company that Gray Solomon owned and that contracted LIQR to do coordination of suppliers with. Since the DKAM contract was not with LIQR, LIQR would not be liable in any way, but they could still pay the costs to enforce the contract against DKAM since they were the "Beneficial Claimant".

Imagine if your Dad had a business that had contracts with other companies and was owed money and he suddenly died. If he left you the money due to his company and a limited power of attorney in his will but did not leave you his company, you could try to collect the outstanding monies and you would be the "Beneficial Claimant" in a case you filed against those who owed money to your dads company.

That is the best way I can describe it with my limited legal knowledge.

Liquor Group Holding, LLC. was administratively dissolved some time ago, so DKAM will likely get nothing. If DKAM would have lost, LIQR would have received the "Beneficial Interest" in the claim so they would have been paid by DKAM.

In the end, it seems that it was a no-loose situation for LIQR to attempt to collect under this claim.

The funny thing about it is that Liquor Group OVERPAID the arbitration fees, and DKAM is supposed to refund some fees (about $1700?). This is completely contrary to what others were saying that they had not paid the fees.

Funny how things come out opposite sometimes huh?

[BCInvestor]

I will always admit when I am wrong. This one I got wrong. I will say that even the DKAM PR says Liquor Group Holding, LLC. which is not owned by Eiras, so it will likely have no effect on LIQR.

[Johnnymangoes]

Fair enough ...peace!!!!...

[BCInvestor]

Again, as I posted earlier: I was wrong.

[Johnnymangoes]

You're the one who got on the DKAM and was bashing the hell out of this arbitration that liqr was gonna own DKAM...H*I*S*T*O*R*Y....

[BCInvestor]

That PR was definitely confusing, looks like it was written by a law firm.

[BCInvestor]

Johnny, what is the corporate name of LIQR?

Let me give you a hint: Liquor Group Wholesale, Inc., a Colorado Corporation.

Now, what company is the Arbitration award notice written against?

Here is another hint: Liquor Group Holding, LLC., a Florida Corporation.

Now, can you tell me how DKAM is going to get anything from LIQR?

[Johnnymangoes]

I made a nice profit today..how was your day here??...oh I see 0 volume again...btw if liqr had a tough time paying the arbitrator a few times b4 how are they going to pay DKAM the 600K+..like I said who's gonna own who????????....lmao guess the rumor I heard was not a rumor!!!!!...

[joeCLives]

BCinvestor baby you are starting to look like a!!!!!!!!!!!!!!!!!

[Toxic Avenger]

Wow, LIQR is as good at PRs as DKAM.

"Only the value of the inventory was considered as damages" meant "DKAM got 3 times the amount of inventory we improperly kept and sold".

$650k payment to DKAM has to hurt LIQR.

[BCInvestor]

Yes, that seems to be the proper motto for DKAM'ers, yeah, whatever.

Good luck with that rally, er, I mean, PK feeding frenzy...

[Johnnymangoes]

Yeah yeah ..whatever!!!!

[BCInvestor]

I think you are sadly mistaken as to the end results.

One thing I never realized until yesterday's PR, if you look back at LIQR website, you will see that the LIQR SEC form 211 was not initiated until after Liquor Group was already several months under contract with DKAM. Liquor Group Wholesale had no operations prior to the 211 going active with the SEC. That is why Liquor Group Holding, LLC is listed in the arbitration and PR, not Liquor Group Wholesale, Inc. (LIQR).

Seems that there will be no winners in this deal, since Liquor Group Holding, LLC. was the company that was not run by and never owned by Eiras. It was the predecessor to Eiras' involvement in the organization and has no claim to LIQR or Liquor Group private companies owned by Eiras.

[Johnnymangoes]

DKAM WINS ARBITRATION...WHO OWNS WHO????