Thursday, August 02, 2018 12:37:51 PM
Did While On Summer Vacation list.
Why is this stupid crap still shocking to me? It's all throughout the S-1, but this is from page 11.
https://www.sec.gov/Archives/edgar/data/1647894/000118518518001270/isbg-s1_071218.htm
On May 11, 2015, we acquired rights to Besado Tequila™ and Dziaq Liqueur™ from Top Shelf in exchange for the agreement to issue 507,059 shares of our common stock and Top Shelf will distribute all of our common stock acquired to Top Shelf’s stockholders on a pro rata basis.
Then he files this as an exhibit....
3. Consideration. As consideration for the assignment by Assignor of the Intellectual Property to Assignee, Assignee will deliver to Assignor 129,300,000 restricted shares of common stock of Assignee.
https://www.sec.gov/Archives/edgar/data/1647894/000118518518001270/ex2-2.htm
And this says DKTS already owned the shares on 5/11/15, 3 days before Alonzo "allegedly" made an offer to himself for the brands, and 3 days before he accepted the offer from himself.
THIS AGREEMENT AND PLAN OF DISTRIBUTION (the “Distribution Agreement”) dated as of May 11, 2015 by and between Top Shelf Brands Holdings Corp., a Nevada corporation (“Top Shelf”) and International Spirit and Beverage Group, Inc. a Nevada corporation (“International Spirit”).
WHEREAS, Top Shelf, is the owner of 126,790,151 shares of common stock, $.00001 par value per share, of International Spirit;
https://www.sec.gov/Archives/edgar/data/1647894/000118518518001270/ex2-3.htm
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