Top Shelf Brands Featuring Besado Tequila, Will Begin Taking Orders at Special Release Party Tastings Prior to Summer Launch
HOUSTON, TX --(Marketwired - June 09, 2014) - Top Shelf Brands Holdings, Inc. (a Nevada Corporation) (PINKSHEETS: TEMN) announced that it will be featuring Besado Tequila at special event tastings this summer prior to the official launch. Distributors will be taking orders in anticipation of making shipments this summer.
CEO Alonzo Pierce said, "These tastings will give us some initial demand feedback on the product in some of our key markets so we can determine proper stocking levels throughout the distribution area limiting shortages as much as possible. We will be setting the schedule and alerting all of our shareholder partners of the locations and times of the sampling to be sure that our followers have the first opportunity to try Besado. Our first run is limited to 25,000 bottles that we believe will sell out quickly. The risk of our business has been greatly reduced due to the primary use of an outsourcing model that allows for production runs with no overhead and minimal lead times. The initial run for both the Silver and Anejo Besado Tequila is valued at of $1.3 million dollars with 45% gross profit margins. We anticipate this margin rate for all or our products." In addition, Top Shelf Brands has secured priceless support and placements in future music videos, radio, and release party sponsorships to help us market our products. We will continue to update our shareholders to the many significant events we have planned as the launch of our products is rolled out.
About TSB: www.drinktopshelf.com
Top Shelf Brands Holdings incubates, creates, markets, and supplies branded alcoholic beverages with an initial offering of Tequila, Liqueur, and Bourbon. Being a federally licensed importer and supplier of alcoholic beverages gives us a competitive edge. Top Shelf Brands is dedicated to "Incubating and Creating Brands People Talk About". Top Shelf Brands is positioned to capitalize on the $1 trillion spirits industry. Strong growth in the industry is anticipated primarily in the premium category.
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," "forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, no guarantees of Top Shelf Brands Holdings, Inc.'s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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