Thursday, June 22, 2017 3:52:40 PM
First Press Release:
International Spirit & Beverage Group Enters Into Letter of Intent to Import New Ultra Premium Rum Brand
28 days 7 hours 20 minutes ago - DJNF
International Spirit & Beverage Group Enters Into Letter of Intent to Import New Ultra Premium Rum Brand
LAS VEGAS, May 25, 2017 (GLOBE NEWSWIRE) -- International Spirit and Beverage Group Inc. (OTCPK:ISBG), a Nevada based alcoholic beverage company specializing in the development, marketing and global sales of innovative wine and spirits brands, is pleased to announce that it has entered into a Letter of Intent to import the Caribbean based Tiger Reef(R) brand of ultra premium rums into the United States
"We are thrilled to add the Tiger Reef(R) brand of ultra premium rums to our growing portfolio of top-shelf spirits," said Alonzo Pierce, President and Chairman of ISBG. "This is a tremendous opportunity for ISBG to make its mark on the very exciting and rapidly growing top-shelf rum segment of the distilled spirits market."
CLARIFICATION RELEASE:
Statement of Clarification with Regards to Tiger Reef, Inc. Letter of Intent
6 hours 1 minute ago - DJNF
Statement of Clarification with Regards to Tiger Reef, Inc. Letter of Intent
LAS VEGAS, June 22, 2017 (GLOBE NEWSWIRE) -- On May 25, 2017 International Spirits & Beverage Group (ISBG) and Tiger Reef, Inc. (TGRR) executed a Letter of Intent (LOI). The purpose of this LOI is to provide the framework for which the two companies can finalize negotiations and conclude a formal definitive Compliance and Import Agreement (Agreement), which is presently being negotiated and drafted.
Under no circumstances will TGRR have any rights to ISBG's product line and vice versa. There will not be (nor have there been any discussions or even a hint of such) any type of business combination, merger, acquisition, takeover, or rights thereto, by either party. ISBG and TGRR are looking forward to finalizing the Agreement and enjoying a long and mutually beneficial working relationship.
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