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Tuesday, 03/14/2017 8:46:06 PM

Tuesday, March 14, 2017 8:46:06 PM

Post# of 81742
Interesting article on the CEO here. This is from May, 2016, which you will recall was right around the time that ISBG emerged from months of silence and no bid, and when Mr. Williams was saying things like this:

We will shortly be releasing our financials to become current, and are in the final stages of our audit and quarterly review says CEO Terry Williams. In addition an announcement regarding ISBG share distributions will be forthcoming. All related matters are being handled expeditiously and in accordance to proper regulatory policies and procedures.

...

ISBG has secured domestic distribution with a top US national distributor and has also procured a dynamic export partnership. We will be announcing the details of these partnerships shortly," Williams continued.

http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Inc--Letter-to-Shareholders?id=131808&b=y


Isn't that the same thing they said they would be announcing by last Saturday? Does 10 months qualify as "shortly"?

Anyway, the article was also 3 days before Mr. Williams said this:

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 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.

http://www.otcmarkets.com/stock/ISBG/news/International-Spirit--amp--Beverage-Group--Board-of-Directors-Agree-to-Restrictive-Covenant-Agreement-and-Stock-Buy-Back-Program-to-Reduce-Shares-of-Company-s-Common-Stock?id=133237&b=y


Sounds great! Of course, that was also 10 months ago, back when the O/S was over a billion shares lower and the A/S was only 2 billion, before they later raised it to 3 billion (but never did any of those "acquisitions" they mentioned), and before they recently raised it to 5 billion shares last week...

But anyway, here's that article. The weird thing is, that with all that great stuff going on at the company where Mr. Williams was issuing press releases as CEO, neither ISBG nor any of its products are mentioned even once in the article among all the talk of Mr. Williams' logistics company and his past accounting job at UPS.

I know, weird right?

http://ladatanews.com/news/2016/may/30/making-great-things-happen-terry-williams/