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Tuesday, March 07, 2017 3:16:39 PM
"Our initial order of 2,000 cases of Besado Platinum has been depleted, bringing revenues of $300,000...."
That would be $25 a bottle, and that doesn't even include the numerous samples they gave away.
Now they claimed they had over $310K in "deferred" revenues, whatever that is and additional revenues of $137,460 year to date.
http://www.otcmarkets.com/financialReportViewer?symbol=ISBG&id=165142
And who could forget....
ISBG's generated $439,740 in total 2016 sales, with balance sheet reflecting $310,680 in deferred receivables for the final quarter of 2016 in accordance to proper GAAP reporting.
http://www.otcmarkets.com/stock/ISBG/news/ISBG-Reports-Record-Revenue-as-Besado-Platinum-Tequila-Sales-Soar-Globally?id=148593&b=y
I guess this deal fell through, huh?
International Spirit & Beverage Group, Signs Agreements to Deliver Approximately $400,000 of Its Flagship Tequila Brand Besado per Quarter
http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Signs-Agreements-to-Deliver-Approximately--400-000-of-Its-Flagship-Tequila-Brand-Besado-per-Quarter?id=133736&b=y
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