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Replies to post #52596 on BlockQuarry Corp (BLQC)
Date: 05/04/2015
Time: 1:00pm Eastern Time
Source: ACCESSWIRE
Houston, Texas
Houston, TX, May 04, 2015 / ACCESSWIRE - Top Shelf Brands Holdings Corp., Inc. (a Nev. Corp.) (OTCBB: DKTS)
Alonzo Pierce, CEO of Top Shelf Brands Holdings, Inc. (a Nevada Corporation) (OTCPK: DKTS), is pleased
to inform its current Shareholders that the Company's Management has received an Offer from International
Spirit and Beverage Group, Inc. (OTCPK:ISBG), to purchase certain Assets.
This transaction includes but is not limited to all Properties, Trademarks, Distribution Rights, Licenses, and Copyrights
pertaining to the Besado Tequilas and Dziaq Spirits Brands.
The Offer includes issuance of International Spirits and Beverage Group, Inc. (ISBG) Common Stock, a number
as yet not agreed upon, which shall be proportionally distributed to the Common Shareholders of Top Shelf
Brands Holdings, Inc.
If the offer is accepted, DKTS Shareholders will retain all their current Shares in DKTS in addition to receiving
the Issued ISBG Shares.
"At this point we are looking at all options before we accept this Letter of Intent," Mr. Pierce said. "I have the
responsibility of not only doing what is best for the Company, but for all of the Shareholders as well. There are not
many clear-cut decisions when it comes to something of this magnitude."
Pierce's frustrations with the DKTS Corporate Shell stem from issues that began long before he took over the helm
at Top Shelf Brands (TSB).
"I knew there would be obstacles to overcome, but never dreamed the issues with the Corporate Shell would turn
out as they did," Pierce said. "Regardless of the decision on the Letter of Intent, the Company will work diligently
to resolve these problems and move to clean-up this Shell so that we will have a much smoother path to success
when subsequent Assets are acquired," Pierce continued.
Issues with the Corporate Shell aside, Pierce is extremely happy with the model used to bring about the Besado Brand.
"This is the culmination of what a Holding Company does - acquire Assets below Market Value, develop those Assets,
and sell them for a profit," said Top Shelf Brands CEO, Alonzo Pierce.
"If it is in the best interest of the Company and its Shareholders to accept the offer, we will.
"Regardless, I do want to stress this model worked for DKTS, and we will continue to use and develop this
model in the future to purchase new Assets and therefore continue to increase Shareholder value for DKTS
Shareholders."
