International Spirit & Beverage Group, Inc. (OTCPK:ISBG) made an offer to acquire 75% stake in Besado Tequila and Dziaq Brands of Top Shelf Brands Holdings Corp. (OTCPK:DKTS) on May 14, 2015. As consideration, ISBG will issue 1 share of its common stock for 15 shares held in DKTS and will assume certain DKTS notes. The distribution for ISBG common shares to Top Shelf Brands Holdings, Inc., shareholders of record on May 26, 2015 will be done shortly and the company will announce the date of distribution in a press release to be disseminated on June 16, 2015.

International Spirit & Beverage Group, Inc. (OTCPK:ISBG) completed the acquisition of 75% stake in Besado Tequila and Dziaq Brands of Top Shelf Brands Holdings Corp. (OTCPK:DKTS) on July 30, 2015.