Sunday, July 16, 2017 7:20:27 AM
all his ventures winds up with complete FAILURE. Alonzo blamed Craig Huffman and Bruce Klein for the failure, but it would have failed anyway. Huffman and Klein are simply the CONS that got paid in that scam, and Alonzo was left holding the bag along with TEXX shareholders. He called the experience his schooling. In other words.....he graduated from Craig Huffman University. To put it another way, Alonzo has a CON Artist degree.
The fact that he would even mention Distinguido in a promo is rather odd based on how things turned out. But he target novices, so I guess we shouldn't be surprised he did mention that brand, so here's a quick summary.
This is the (ahem) "bidness" plan and had more honest people participated in the venture it may have been doable. Emperial Americas had an agreement to purchase the Distinguido brand and EA became a public company (TEXX).
https://www.scribd.com/document/294043765/Emperial-Americas-Business-Plan-2012
They had a race car sponsorship with Hillenburg that they eventually lost. Sales from Distinguido were suppose to help support the race car.
Here was a PR announcing a sponsorship agreement with Miss GEICO racing.
http://www.marketwired.com/press-release/emperial-americas-signs-sponsorship-with-amf-miss-geico-racing-otcbb-texx-1663846.htm
The debut of the sponsorship didn't go very well. You can see the Distinguido bottle on the back of the boat in the very first picture.
Miss GEICO racing (AMF) obtained a $240K judgment "agin" EA that Alonzo will never attempt to pay. He didn't even show up for court.
https://www.scribd.com/doc/263754756/Miss-GEICO-Judgement
EA lost Distinguido because of non payment to Valle.
https://www.scribd.com/document/283603194/Termination-Letter-From-Valle
ISBG will likely end up just like TEXX, as will DKTS which is well on it's way to being revoked. We'll see.
Suspension
https://www.sec.gov/litigation/admin/2016/34-78073.pdf
Ticker revoked
https://www.sec.gov/litigation/admin/2016/34-78871.pdf
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