BlockQuarry Corp (BLQC)

[Carini]

Depends who you ask. The *announcement* of the deal probably helped note holders dump a few hundred million more shares at .0001, so it was worthwhile for them I suppose.

The deal itself never happened, unless you know of a Form S-1 that ISBG filed that nobody else has seen:

LAS VEGAS, June 27, 2017 (GLOBE NEWSWIRE) -- International Spirit and Beverage Group Inc., (a Nevada Corporation) (OTCPK:ISBG) is pleased to announce that the Company has agreed to terms with Blackbridge Capital, LLC and GPL Ventures, LLC to fund up to $10 million upon filing a registration statement on Form S-1 to be submitted to the Securities & Exchange Commission (SEC).

It's a little like this deal that also apparently never happened:

NEW YORK, NY, June 10, 2016 /PRNewswire/ - International Spirit & Beverage Group, Inc. (OTC PINK: ISBG) has announced that the company's has signed agreements to deliver up to four containers per quarter of its flagship brand Besado. This means that the company will have sustainable revenues per quarter of up to $400,000 from its agreements already agreed to. This begins the company's strategy to sell its Brands both domestically and globally and gives ISBG a foundation for long term sustainable growth. The company will begin its first shipment of its first containers sold overseas by the end of the month.

Here are their reported sales numbers following that "$400k/quarter sustained revenues" deal announcement:

Q2 2016 - $6840
Q3 2016 - about $130k (not clear where from or what happened to it)
Q4 2016 - $4600 (yes, four thousand and six hundred dollars)
Q1 2017 - $3500 in sales (again, not a typo)
Q2 2017 - $27,620
Q3 2017 - "$ - "

It's also worth noting they put out a PR saying this in January 2017:

New production is underway with expansion into additional markets scheduled for Q2 along with a six-figure integrated social and digital campaign to support and build brand awareness. The Company projects 2017 revenues of $2M-$3M USD and 2018 revenue projections of $10M USD supported by our full complimentary line extensions entering the marketplace.

https://www.prnewswire.com/news-releases/isbg-reports-record-revenue-as-besado-platinum-tequila-sales-soar-globally-610665115.html

Now to be fair, we haven't seen the 2017 annual report yet, so they could still have reached their minimum stated revenue projection for the year if they sold a mere $1,968,880 of product in the big OND season. Some say OND is like the Super Bowl of liquor sales, so who knows really?