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Disclosure Statement Pursuant to the Pink Basic Disclosure Guidelines
1st Prestige Wealth Management
A Nevada State Corporation
2831 St. Rose Parkway, #200 – 240, Henderson, Nevada 89052
www.1stPrestige.com
SIC Code - 6799
Quarterly Report
For the Period Ending: September 30, 2019
(the “Reporting Period”)
As of September 30, 2019, the number of shares outstanding of our Common Stock was:
35,463,303
As of June 30, 2019, the number of shares outstanding of our Common Stock was:
463,303
Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933
and Rule 12b-2 of the Exchange Act of 1934):
Yes: No:
Indicate by check mark whether the company’s shell status has changed since the previous reporting period:
Yes: No:
Indicate by check mark whether a Change in Control1 of the company has occurred over this reporting period:
Yes: No:
1) Name of the issuer and its predecessors (if any)
1
“Change in Control” shall mean any events resulting in:
(i) Any “person” (as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becoming the “beneficial owner” (as defined in Rule 13d-3 of the
Exchange Act), directly or indirectly, of securities of the Company representing fifty percent (50%) or more of the total voting power represented by the
Company’s then outstanding voting securities;
(ii) The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets;
(iii) A change in the composition of the Board occurring within a two (2)-year period, as a result of which fewer than a majority of the directors are
directors immediately prior to such change; or
(iv) The consummation of a merger or consolidation of the Company with any other corporation, other than a merger or consolidation which would result
in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting
securities of the Company or such surviving entity or its parent outstanding immediately after such merger or consolidation.
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 2 of 17
In answering this item, please also provide any names used by predecessor entities in the past five years and the dates of the name
changes.
Power Technology, Inc – 08/03/2011
1
st Prestige Wealth Management – 07/31/2014
Date and state (or jurisdiction) of incorporation (also describe any changes to incorporation since inception, if applicable) Please also
include the issuer’s current standing in its state of incorporation (e.g. active, default, inactive):
Nevada, June 3, 1996 - Active
Has the issuer or any of its predecessors ever been in bankruptcy, receivership, or any similar proceeding in the past five years?
Yes: No:
2) Security Information
Trading symbol: FPWM
Exact title and class of securities outstanding: Common
CUSIP: 33612Y106
Par or stated value: 0.00001
Total shares authorized: 500,000,000 as of date: September 30, 2019
Total shares outstanding: 35,463,303 as of date: September 30, 2019
Number of shares in the Public Float2
: 157,593 as of date: September 30, 2019
Total number of shareholders of record: 168 as of date: September 30, 2019
Additional class of securities (if any):
Trading symbol:
Exact title and class of securities outstanding:
CUSIP:
Par or stated value:
Total shares authorized: as of date:
Total shares outstanding: as of date:
Transfer Agent
Name: Pacific Stock Transfer
Phone: [phone]
Email: [e-mail]
Is the Transfer Agent registered under the Exchange Act?3
Yes: No:
Describe any trading suspension orders issued by the SEC concerning the issuer or its predecessors:
None
List any stock split, stock dividend, recapitalization, merger, acquisition, spin-off, or reorganization either currently anticipated or that
occurred within the past 12 months:
2
“Public Float” shall mean the total number of unrestricted shares not held directly or indirectly by an officer, director, any person who is the beneficial
owner of more than 10 percent of the total shares outstanding (a “control person”), or any affiliates thereof, or any immediate family members of officers,
directors and control persons.
3 To be included in the Pink Current Information tier, the transfer agent must be registered under the Exchange Act.

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 3 of 17
On January 1, 2019, the company acquired Charlestown Premium Spirits LLC.
3) Issuance History
The goal of this section is to provide disclosure with respect to each event that resulted in any direct changes to the total shares
outstanding of any class of the issuer’s securities in the past two completed fiscal years and any subsequent interim period.
Disclosure under this item shall include, in chronological order, all offerings and issuances of securities, including debt convertible
into equity securities, whether private or public, and all shares or any other securities or options to acquire such securities issued for
services. Using the tabular format below, please describe these events.
A. Changes to the Number of Outstanding Shares
Check this box to indicate there were no changes to the number of outstanding shares within the past two completed fiscal years and
any subsequent periods:
Example: A company with a fiscal year end of December 31st, in addressing this item for its quarter ended September 30, 2018, would include any
events that resulted in changes to any class of its outstanding shares from the period beginning on January 1, 2016 through September 30, 2018
pursuant to the tabular format above.
Use the space below to provide any additional details, including footnotes to the table above:
B. Debt Securities, Including Promissory and Convertible Notes
Use the chart and additional space below to list and describe any issuance of promissory notes, convertible notes or convertible
debentures in the past two completed fiscal years and any subsequent interim period.
Check this box if there are no outstanding promissory, convertible notes or debt arrangements:
Number of Shares
outstanding as of
March 31, 2019
Opening Balance:
Common: 463,303
Preferred:
*Right-click the rows below and select “Insert” to add rows as needed.
Date of
Transaction
Transaction
type (e.g.
new
issuance,
cancellation
, shares
returned to
treasury)
Number of
Shares Issued
(or cancelled)
Class of
Securities
Value of
shares
issued ($/per
share) at
Issuance
Were the
shares
issued at a
discount to
market
price at the
time of
issuance?
(Yes/No)
Individual/ Entity
Shares were issued
to (entities must
have individual
with voting /
investment control
disclosed).
Reason for share
issuance (e.g. for
cash or debt
conversion) OR
Nature of Services
Provided (if
applica-le)
Restricted or
Unrestricted as
of this filing?
Exemption
or
Registration
Type?
September 4,
2019
New 35,000,000 Common $0.00001 Yes Martin Ustin
(CEO)
Long-Term
Compensation
Restricted Exempt
Shares Outstanding
on
Sept 30, 2019:
Ending Balance:
Common: 35,463,303
Preferred:
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 4 of 17
Date of Note
Issuance
Outstandi
ng Balance
($)
Principal
Amount at
Issuance
($)
Interest Accrued
($)
Maturity
Date
Conversion Terms (e.g.
pricing mechanism for
determining conversion of
instrument to shares)
Name of Noteholder Reason for
Issuance (e.g.
Loan, Services,
etc.)
December 1,
2015
75,000 75,000 37,570.82 December
1, 2016
No conversion terms set 0980092 BC
LTD
Loan
January 3,
2016
100,000 100,000 48,585.77 January 3,
2017
No conversion terms set Ticino Capital
LTD
Loan
June 15,
2016
50,000 50,000 20,578.89 June 15,
2017
No conversion terms set Ticino Capital
LTD
Loan
Use the space below to provide any additional details, including footnotes to the table above:
4) Financial Statements
A. The following financial statements were prepared in accordance with:
U.S. GAAP
IFRS
B. The financial statements for this reporting period were prepared by (name of individual)4
:
Name: Martin Ustin
Title: CEO
Provide the financial statements described below for the most recent fiscal year or quarter. For the initial disclosure statement
(qualifying for Pink Current Information for the first time) please provide reports for the two previous fiscal years and any subsequent
interim periods.
C. Balance sheet;
D. Statement of income;
E. Statement of cash flows;
F. Financial notes; and
G. Audit letter, if audited

You may either (i) attach/append the financial statements to this disclosure statement or (ii) file the financial statements through
OTCIQ as a separate report using the appropriate report name for the applicable period end. (“Annual Report,” “Quarterly Report” or
“Interim Report”).
If you choose to publish the financial statements in a separate report as described above, you must state in the accompanying
disclosure statement that such financial statements are incorporated by reference. You may reference the document(s) containing the
required financial statements by indicating the document name, period end date, and the date that it was posted to OTCIQ in the field
below.
N/A
Financial statement information is considered current until the due date for the subsequent report (as set forth in the qualifications section
4 The financial statements requested pursuant to this item must be prepared in accordance with US GAAP or IFRS by persons with sufficient financial
skills.

OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 5 of 17
above). To remain qualified for Current Information, a company must post its Annual Report within 90 days from its fiscal year-end date
and Quarterly Reports within 45 days of each fiscal quarter-end date.
5) Issuer’s Business, Products and Services
The purpose of this section is to provide a clear description of the issuer’s current operations. In answering this item, please include the
following:
A. Summarize the issuer’s business operations (If the issuer does not have current operations, state “no operations”)
1st Prestige Wealth Management, Inc. (OTC Pink: FPWM) was focused on building a “FinTech” (Financial Technology) and
branded financial services enterprise to connect middle and upper-middle income Chinese consumers and businesses to financial
services and products. The Company uses technology, social media and other innovation to market and sell insurance, financial
planning and wealth management products and services through and to B2B clients, B2C clients and additionally offers a Business
Opportunity.
On January 1, 2019, the Company agreed in principle to acquire 100% of Charlestowne Premium Spirits LLC (CPS), a South
Carolina company, as a wholly owned subsidiary. Martin Ustin, CEO of CPS, has been retained as a consultant to oversee and
finalize the transaction.
Once the transaction is complete, the Company intends to begin transitioning into a beverage company that develops, produces,
markets and distributes lifestyle beverages worldwide, based on a model developed by CPS, The brands range from spirits to energy
drinks to organic hemp extract of CBD-infused beverages. CPS also has Distiller, Wholesaler and Import permits from the Alcohol
and Tobacco Tax and Trade Bureau (commonly referred to by its shortened acronym, TTB), https://www.ttb.gov, which is the
governing body for spirits in the U.S. under the Department of the Treasury.
CPS has developed a process to fully understand the elements of bringing new beverage brands to market, analyze the costs
associated with the development and manufacture therein, explain and manage the regulatory and permitting processes, select
manufacturing facilities, develop marketing programs and identify distribution channels.
On August 1, 2019, James T. Edwards resigned as the President and Director of the Company. On August 1, 2019, Martin Ustin was
appointed as CEO and Director of the Company.
On August 2, 2019, Martin Ustin signed an employment agreement with the Company. This granted 35 Million common restricted
shares as consideration in the completion of the CPS acquisition transaction and for long-term salary compensation to implement the
company’s new business strategy.
On September 1, 2019, the company filed with the State of Nevada for a name change to Charlestowne Premium Beverages Inc.
Formal closure of said name change is pending and expected imminently. At such time, the company will change its SIC code to
reflect this.
B. Describe any subsidiaries, parents, or affiliated companies, if applicable, and a description of their business contact information for
the business, officers, directors, managers or control persons. Subsidiary information may be included by reference.
Charlestowne Premium Spirits Inc. (CPS above); wholly owned subsidiary; alcoholic beverages and related distribution
C. Describe the issuers’ principal products or services, and their markets
Past: Business Advisory Services, China, Hong Kong (SAR), S.E. Asia, Overseas Chinese
Transitioning to: Beverage production and distribution, USA
6) Issuer’s Facilities
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 6 of 17
The goal of this section is to provide a potential investor with a clear understanding of all assets, properties or facilities owned, used or
leased by the issuer.
In responding to this item, please clearly describe the assets, properties or facilities of the issuer, give the location of the principal plants
and other property of the issuer and describe the condition of the properties. If the issuer does not have complete ownership or control of
the property (for example, if others also own the property or if there is a mortgage on the property), describe the limitations on the
ownership.
If the issuer leases any assets, properties or facilities, clearly describe them as above and the terms of their leases.
498 Albemarle Rd, Suite 507, Charleston, S.C. 29407
7) Officers, Directors, and Control Persons
The goal of this section is to provide an investor with a clear understanding of the identity of all the persons or entities that are involved
in managing, controlling or advising the operations, business development and disclosure of the issuer, as well as the identity of any
significant or beneficial shareholders.
Using the tabular format below, please provide information regarding any person or entity owning 5% of more of the issuer, as well as
any officer, and any director of the company, regardless of the number of shares they own. If any listed are corporate shareholders or
entities, provide the name and address of the person(s) beneficially owning or controlling such corporate shareholders, or the
name and contact information of an individual representing the corporation or entity in the note section.
The Company confirms that John Adams Westover, was never hired in any Officer, Director or Treasurer capacity.
8) Legal/Disciplinary History
A. Please identify whether any of the persons listed above have, in the past 10 years, been the subject of:
1. A conviction in a criminal proceeding or named as a defendant in a pending criminal proceeding (excluding traffic
violations and other minor offenses);
None
2. The entry of an order, judgment, or decree, not subsequently reversed, suspended or vacated, by a court of competent
jurisdiction that permanently or temporarily enjoined, barred, suspended or otherwise limited such person’s involvement in
any type of business, securities, commodities, or banking activities;
None
Name of
Officer/Director
and Control Person
Affiliation with
Company (e.g.
Officer/Director/Owner
of more than 5%)
Residential Address
(City / State Only)
Number of
shares owned
Share type/class Ownership
Percentage of
Class
Outstanding
Note
James Edwards Shareholder Henderson, Nevada 300,000 Common/Restricted 0.8%
Martin Ustin CEO, Director,
Majority Shareholder
Charleston, South
Carolina
35,000,000 Common/Restricted 98.7%
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 7 of 17
3. A finding or judgment by a court of competent jurisdiction (in a civil action), the Securities and Exchange Commission, the
Commodity Futures Trading Commission, or a state securities regulator of a violation of federal or state securities or
commodities law, which finding or judgment has not been reversed, suspended, or vacated; or
None
4. The entry of an order by a self-regulatory organization that permanently or temporarily barred, suspended, or otherwise
limited such person’s involvement in any type of business or securities activities.
None
B. Describe briefly any material pending legal proceedings, other than ordinary routine litigation incidental to the business, to which
the issuer or any of its subsidiaries is a party or of which any of their property is the subject. Include the name of the court or agency
in which the proceedings are pending, the date instituted, the principal parties thereto, a description of the factual basis alleged to
underlie the proceeding and the relief sought. Include similar information as to any such proceedings known to be contemplated by
governmental authorities.
None
9) Third Party Providers
Please provide the name, address, telephone number and email address of each of the following outside providers:
Securities Counsel
Name:
Firm:
Address 1:
Address 2:
Phone:
Email:
Accountant or Auditor
Name:
Firm:
Address 1:
Address 2:
Phone:
Email:
Investor Relations Consultant
Name:
Firm:
Address 1:
Address 2:
Phone:
Email:
Other Service Providers
Provide the name of any other service provider(s), including, counsel, advisor(s) or consultant(s) that assisted, advised, prepared or
provided information with respect to this disclosure statement, or provided assistance or services to the issuer during the reporting
period.
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 8 of 17
Name:
Firm:
Nature of Services:
Address 1:
Address 2:
Phone:
Email:
Name:
Firm:
Nature of Services:
Address 1:
Address 2:
Phone:
Email:
10) Issuer Certification
Principal Executive Officer:
The issuer shall include certifications by the chief executive officer and chief financial officer of the issuer (or any other persons with
different titles but having the same responsibilities).
The certifications shall follow the format below:
I, Martin Ustin certify that:
1. I have reviewed this Quarterly disclosure statement of 1
st Prestige Wealth Management for the financial period ended
September 30, 2019;
2. Based on my knowledge, this disclosure statement does not contain any untrue statement of a material fact or omit to state a
material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this disclosure statement; and
3. Based on my knowledge, the financial statements, and other financial information included or incorporated by reference in
this disclosure statement, fairly present in all material respects the financial condition, results of operations and cash flows of
the issuer as of, and for, the periods presented in this disclosure statement.
Date: October 15, 2019
By: /s/ Martin Ustin
Chief Executive Officer
(Digital Signatures should appear as “/s/ [OFFICER NAME]”)
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 9 of 17
1st PRESTIGE WEALTH MANAGEMENT
BALANCE SHEET
AS OF SEPTEMBER 30, 2019 AND SEPTEMBER 30, 2018
ASSETS UNAUDITED

UNAUDITED
2019 2018
Current Assets:
Cash And Cash Equivalents $ 5,157 $ 66,886
Intangible Asset 1,927,143 1,927,143
Receivables 184,534 184,534
Technology Development Costs 118,588 118,588
Prepaid Expense 0
Total Current Assets 2,235,422 2,297,151
Total Assets $ 2,235,422 $ 2,297,151
LIABILITIES AND SHAREHOLDER'S EQUITY
Current Liabilities:
Accounts Payable $ 39,480 $ 29,480
Notes Payable 717,354 647,251
Total Current Liabilities 756,834 676,731
Long-term Liabilities: 1,000,000 1,000,000
Total liabilities 1,756,834 1,676,731
Commitments -
Stockholders' Equity:
Prefered stock, $0.00001 par; 1,000,000 authorized:
shares and Series B- 1,000,000 authorized
Series B 1,000,000 issued and outstanding 10
Common stock: 500,000,000 shares authorized, $0.00001 par value
35,463,303 shares issued and outstanding 355 5
Additional paid-in-capital 19,132,390 19,132,750
Accumulated deficits (18,654,168)

(18,512,335)
Total Stockholders' Equity 478,587 620,420
Total Liabilities And Stockholders' Equity $ 2,235,422 $ 2,297,151
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019
) Page 10 of 17 UNAUDITED UNAUDITED
2019 2018
DISTILLED SPIRITS CONSULTING-CTPS 7,500
ON LINE PRODUCT TESTING SALES 3,138
Net revenue $ 10,638
Cost of revenue
Gross profit 10,638
Operating expenses
Amortization and depreciation expenses
Rent 3,600
Salaries 37,500
Professional Services
Organizational Costs and exchange costs
General & administrative expenses 13,378 1,015
Total operating expenses 54,478 1,015
Income (Loss) from operations (43,840) (1,015)
Other income (expense):
Other income
Other Expense
Interest expense 18,388 16,354
Total other income (expense) (18,388) (16,354)
Loss before income tax (62,228) (17,369)
Provision for income tax -
Net Profit (loss) $ (62,228) $ (17,369)
1ST PRESTIGE WEALTH MANAGEMENT
STATEMENTS OF OPERATIONS
FOR THE THREE MONTHS ENDING SEPTEMBRER 30, 2019 AND SEPTEMBER 30, 2018
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019) Page 11 of 17
1st PRESTIGE WEALTH MANAGEMENT
STATEMENTS OF CASH FLOWS
FOR THE THREE MONTHS TO DATE ENDED SEPTEMBER 30, 2019 AND 2018
UNAUDITED UNAUDITED
2019 2018
Cash Flows From Operating Activities
Net Income (loss) $ (62,228) (17,369)
Depreciation and amortization
Common stock for Services
(Increase) / decrease in assets:
Accounts Receivable
Inventory/Clinical Trials
Other Assets
Prepaid Expenses
Increase / (decrease) in liabilities:
Other Payable -
Accrued Expenses
Notes Payable
Accrued Interest 18,388 16,354
Accounts Payable
Net cash used in operating activities (43,840) (1,015)
Net cash Increase for period
Cash Flows From Financing Activities
Payments on long-term notes payable
Loans from Stockholder 10,000
Capital
Net Cash Provided by Financing Activities 10,000
Net Increase (Decrease) During the Period (33,840) (1,015)
Cash and cash equivalents, Beginning of the period 38,997 67,901
Cash and cash equivalent, End of the period $ 5,157 66,886
OTC Markets Group Inc.
OTC Pink Basic Disclosure Guidelines (v2.0 February 2019
) Page 12 of 17
CONSOLIDATED STATEMENTS OF EQUITY
FOR PERIODS ENDED SEPTEMBER 30, 2019
Additional Prior Total
Common Stock Preferred B Paid-In Accumulated Period Stockholders'
Shares Amount Shares Amount Capital Deficit Adjustments (Deficit)
Balance June 30, 2011 2,480,600,074 24,806 18,871,758 (17,400,777) 1,495,787
Shares issued for Cash 1,238,100,100 12,381 111,429 123,810
Shares issue for Consulting Services adjustment for prior period 900,000,000 9,000 103,381 112,381 -
Net Loss (68,960) (68,960)
Balance December31, 2011 4,618,700,174 46,187 19,086,568 (17,469,737) 1,663,018
Net Loss (65,567) (65,567)
Balance December 31, 2012 4,618,700,174 46,187 19,086,568 (17,535,304) 1,597,451
Net Loss (6,030) (6,030)
Balance December 31, 2013 4,618,700,174 46,187 19,086,568 (17,541,334) 1,591,421
Net Loss (2,850) (2,850)
Balance June 30, 2014 4,618,700,174 46,187 19,086,568 (17,544,184) 1,588,571
Stock Reverse 10,000:1 463,303 5 19,132,750 (17,544,184) 1,588,571
Net Loss for the Quarter (392,620) (392,620)
Balance as of Sept 30, 2014 463,303 5 19,132,750 (17,936,804) 1,195,951
Net loss as of December 31, 2014 (151,235) (151,235)
Balance December 31, 2014 463,303 5 19,132,750 (18,088,039) 1,044,716
Net loss as of December 31, 2015 (215,089) (215,089)
Balance as of December 31, 2015 463,303 5 19,132,750 (18,303,128) 829,627
Net loss as of December 31, 2016 (78,785) (78,785)
Balance as of December 31, 2016 463,303 5 19,132,750 (18,381,913) 750,842
Net loss as of December 31, 2017 (61,981) (61,981)
Balance as of December 31, 2017 463,303 5 19,132,750 (18,443,894) 688,861
Net loss as of December 31, 2018 (68,404) (68,404)
Balance as of December 31, 2018 463,303 5 19,132,750 (18,512,298) 620,457
Net loss as of March 31, 2019 (40,920) (40,920)
Balance as of March 31, 2019 463,303 5 19,132,750 (18,553,218) 579,537
Net loss as of June 30, 2019 (38,721) (38,721)
Balance as of June 30, 2019 463,303 5 19,132,750 (18,591,939) 540,816
Issued 1,000,000 Preferred B 1,000,000 10 (10) -
Issued 35,000,000 35,000,000 350 (350) -
Net Loss as of Sept 30, 2019 (62,228) (62,228)
Balance as of Sept 30, 2019 35,463,303 355 10 19,132,390 (