Replies to post #59073 on BlockQuarry Corp (BLQC)

[hedge_fun]

4B shares needed to pay the divvy.......

Just sayin'

If I'm wrong I'm sure the audit filed this week will explain it all.

[Carini]

No they were informed just 2 short years ago...

HOUSTON, TX / ACCESSWIRE / May 14, 2015 / Top Shelf Brands Holdings, Inc., a Nevada Corporation (DKTS), is pleased to announce the company has accepted an offer from International Spirit and Beverage Group, Inc. (ISBG), to purchase a 75% stake in the Dziaq and Besado Tequila brands in exchange for shares of ISBG common stock and assumption of certain DKTS debt notes.

Top Shelf Brands Holdings, Inc., has agreed to distribute the shares of ISBG to the DKTS common shareholders of record as of 5:00 p.m., Eastern Daylight time on May 26, 2015, the record date for the distribution. The DKTS shareholders will receive one (1) share of International Spirit and Beverage Group, Inc., common stock for every fifteen (15) shares of Top Shelf Brands Holdings, Inc., held on the record date. A registration statement for the distribution of the International Spirit and Beverage Group shares shall be filed with the Securities and Exchange Commission within 30 days of the record date.

That "assumption of certain DKTS debt notes" seems to be the source of the current dilution, assuming those are the $760k in defaulted notes listed in the last financials.

Still waiting on that registration statement though.

The audit coming this week as promised will explain everything IMO.

[pb_trading]

The only thing I don't like is the share selling part here by ISBG, the story, the product is great. Hoping for the audited financials, on time or late, as long as the come. If they do come I'll add back more shares.

Clearly number one issue for me now was saying no dilution and then lowering the hammer here and continued denial kind of left me feeling a bit sour about Mr. Pierce.

Honest reasoning and explanation for the share selling would have helped sustain the price and give the shareholders some credit to accept and buy into your "business plan" directly at Mr. Pierce.

If it's for ISBG long term success shareholders here would have bought into the plan I believe.

$ISBG

[HombreMuerto]

"The biggest part"? Wow. How much of the 2 billion shares are going to satisfy this debt?

I hate language that is so imprecise. Can they work with numbers here for those of us following the game at home?

[loanranger]

Still bottling with the expired label???

ISBG? @DrinkISBG
Live run
Production 2017
https://twitter.com/DrinkISBG
https://www.periscope.tv/w/1YqGoWdXemgGv?t=3

Blow up the bottle frame at 00:54.


"Premium 100% Agave Tequila"
On the cartons, too.

"When new labels are printed, the statement "100% agave" must be removed from label. This statement is only allowed on finished products bottled in Mexico."
https://www.ttbonline.gov/colasonline/viewColaDetails.do?action=publicDisplaySearchBasic&ttbid=16082001000363