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***1st Qtr REVENUES $500,000-$750,000***
That's more than all of 2016 revenues!
REVENUES
"ISBG's generated $439,740 in total 2016 sales."
$500,000-$750,000 can be expected for 1st Quarter revenues as stated in PR.
"The Company projects 2017 revenues of $2M-$3M USD."
COST REDUCTION
Cost reductions are always a great way to grow a company and become profitable!
"At the same time ISBG has renegotiated supplier and manufacturer pricing effectively reducing units costs by over 40% ensuring greater efficiencies, quality and scalability."
EXPANSION/MARKETING
Product is on the shelf. Besado is in Spec's Wine, Spirits, and Finer Foods! As of 2013 Spec's has over 165 stores. This alone can cause revenues to raise exponentially! Could this be the expansion within existing markets they are talking about?
"Expansion within existing markets, including new retail and on-premise programs with integrated digital support marketing commences February 1st."
DISTRIBUTION
ISBG entered into both a domestic and Asian distribution deal! They are also working on a 47 state distribution contract currently! On top of that they are working on an online sales platform.
ISBG ?@DrinkISBG
47 State Wholesale and Distribution Contract in the works. This means more feet in the street more sales and more revenues.
"we will soon be announcing an industry leading national online sales platform, providing our ISBG brands with a progressive home order and fulfillment capability to over 40 states."
DEBT RESTRUCTURE AND RETIREMENT
ISGB has restructured over 75% of the debt and retired 65% of a $295,000 note!
"Our purpose in restructuring debt was to give the company room to grow and we have exceeded that goal," CEO Terry Williams said. "Almost half the debt was restructured and extended out 18 months and the remainder of the debt was extended out 12 months. This will provide the company with the financial flexibility to properly execute our key brand initiatives for 2017."
"Management is pleased to announce that the Company has reached an agreement to settle a $294,000 legacy note for $100,000 with the remainder of the debt to be retired."
Agree
Never go broke taking profit. This is expected as a lot bought in the .0002-.0004 range.
Good day lots of churning going on. Ready for the next level! Can't wait for more news to drop!
Who says they were dumped? Maybe it was a profit take while holding millions of more shares? ;)
Time to buy!
It sure got quite around here! Lol
Still hitting higher highs and higher lows on a daily basis. It's all good!
It did go up pre news. Was a big day yesterday! Not everything can rock a stock. Time and patience will reward!
Relax.... retreats are normal. People take profits. This is poised to explode on news of distribution, financial, and other terrific news.
Sell off triggered right after a 100 share purchase. That tells me a MM needed shares.
They have been upholding their end and communicating openly. I'm sure we'll get the news.
They never said when news would come out. Just that it would.
You can't have a bag! We are .0001 from HOD.
Nice support on the bid.
Please provide link. I'm not seeing news out yet.
Patience
100% agree! PR expected today per company tweet. They came through last time.
I hope they drop the PR before power hour.
Almost 100 mil traded in an hour with no PR. Can't wait for the news!
100% agree, news drop maybe we test .003
When the PR drops we are shooting over .002!
Peeps Best Buy before the news drops! Cheap pps right now!
Don't worry .10 will turn into .0001 in no time with Bill dumping!
Here's to hoping the news busts us through .002!
Go ISBG $$$$
It must be 47 states total as I've searched all over and can't find a wholesale distributor named 47 State.
New tweet! 1.25 million value projected!
ISBG ?@DrinkISBG
60k bottles. 10,000 6 pack cases. Projected street value $1.25 million. Cases to the trade will give us a solid market presence.
It was corrected in a timely manner.
100% agree! Why sell at the beginning stages of massive growth potential.
That's a large run for a small company. Plus we have PREMIUM shelf space in retailers!
Go ISBG $$$$
Still a nice size production run.
They corrected the tweet!
ISBG ?@DrinkISBG
Correction 60k bottles. 10,000 / 6 pack cases
Yes, hopefully another PR soon!
Nice tweet! Production of 60,000 cases!
ISBG ?@DrinkISBG
Positive goals. Q4 fins, Audit, Production 60k cases, QB. If you can believe, you can and will achieve!
Agreed. We are ready to move upward shortly.
This tweet is a GAME CHANGER! Can't wait for the PR!
ISBG ?@DrinkISBG
47 State Wholesale and Distribution Contract in the works. This means more feet in the street more sales and more revenues.
Lol. A Nevada corporation in Houston, Tx. Like that doesn't happen all the time!
Why pick just one! Let's get Besado in all 48!
Power hour this will explode!
Can't wait for them to release news about distribution deals!
Massive ask slap on 12s!