Monday, October 27, 2008

Liquor Group Supports Hospitalized Veterans and Their Families

Liquor Group Wholesale, Inc, (LIQR) the publicly traded innovative wine and spirits distribution company; in conjunction with Drinks Americas and Trump Super Premium Vodka is pleased to extend a charitable hand to the Walter Reed Society. As of November 2008 through July 4, 2009 a portion of the proceeds from Trump Super Premium Vodka and Trump Premium Flavored Vodkas sales made by Liquor Group in any of the 17 states where it represents Trump Vodka will be donated to help provide housing and resources to returning hospitalize veterans and their families while the veteran are recovering.

The Walter Reed Society contributes and supports the servicemen and women being treated at the Walter Reed Medical Center due to service in Iraq, Afghanistan, and surrounding areas. The Operation Iraqi Freedom / Operation Enduring Freedom Support Fund are used to assist service members and/or their families when support provided through Invitational Travel Orders do not meet the immediate needs during the patient’s treatment at the Walter Reed Army Medical Center.

Funding is approved for assistance on a case by case review of the applications and a personal meeting with a Walter Reed Society representative and it is considered a grant. All direct efforts of the fundraising by The Trump Organization, Drink Americas and Liquor Group Wholesale will be a direct contribution made when a consumer buys Trump Super Premium Vodka or Trump Premium Flavored Vodkas. When one purchases any of the line of Trump Vodkas, they should feel proud knowing, not only are they supporting disabled veterans, but their loved ones as well. Donald Trump, himself went on record stating, “I am pleased that the launching of this holiday program for Trump Vodka is geared toward giving support to such a noble cause, our American heroes. Our wounded servicemen and women and their families deserve our support and gratitude. When a consumer purchases Trump Vodka, they should also know they in some small way are participating in supporting our wounded veterans and their families.” Every dollar counts.

The Trump Organization will make a donation from mail in proof of purchase (receipts) from any 750ml, 1 liter, or 1.75 liter of Trump Super Premium Vodka or Trump Premium Flavored Vodka. Liquor Group Wholesale is proud to be participating in the support of the Country’s wounded servicemen and women who have sacrificed themselves so that freedom may live on for all of us.

Contributions are greatly appreciated and can be mailed to:

Trump Vodka Holiday Veterans Program
Walter Reed Society/ Dorcia Fulfillment
372 Danbury Road, Suite163
Wilton, CT 06877

For more information on the Walter Reed Army Medical Center please visit: www.wramc.amedd.army.mil. For the latest on Trump Super Premium Vodka or Trump Premium Flavored Vodka visit the Drink Americas website. If you would like more information regarding Liquor Group Wholesale or brands represented by Liquor Group Wholesale visit Liquor Group's website or call 1-866- REACH-LG (1-866-732-2454)

Wednesday, October 22, 2008

Liquor Group Wholesale and Southern Wine & Spirits Enter a Working Relationship

Florida based publicly owned specialty spirits and wine distributor Liquor Group Wholesale Inc. (LIQR) has entered a working partnership with Southern Wine & Spirits of America in the western liquor control states. With operations in 31 states, Liquor Group Wholesale distributes more than 1700 products including brands such as Happy Vodka, Trump Super Premium Vodka, Pendleton’s Canadian Whisky, Damiana, Willie Nelson’s Old Whiskey River Bourbon to name just a few in the 18 National Alcohol Beverage Control States of America (NABCA).

“We have been looking closely at the performance of brokerage operations in control states with boots on the ground that can manage large portfolios such as ours, and we were pleased with the progress in the Western United States represented by Southern Wine and Spirits Western Division.” says Steven Dodge, Vice President and Director of Liquor Group Wholesale’s 18 Control States.

Both corporate structures have been working together seamlessly in Washington, Montana, Wyoming, Idaho, Oregon and Utah and have completed the first cycle of order and sales operations.

For more information on Liquor Group Wholesale and brands represented by Liquor Group Whole go to the Liquor Group website or call 1-866-REACH-LG (1-866-732-2454).

Friday, October 17, 2008

Liquor Group Helps a Good Cause

Liquor Group takes time to help raise the awareness and the spirits of a worthy cause at this year’s Boy’s and Girl’s Clubs of America annual fundraiser luau. Liquor Group Wholesale donated Happy Rum, Happy Tequila, Party a Go-Go among other donations for the evening’s festivities.

“We are proud of our companies’ community involvement and care a great deal about important organizations such as the Boy’s and Girl’s Clubs of America…” says CEO of Liquor Group Wholesale, C.J. Eiras “…the future is in their hearts and hands. It is up to all of us, to do everything we can to nurture and guide our future men and women. We need to ensure that the future of this country has all the hope and opportunities possible.”

he Boy’s and Girl’s Club with thanks to the donations, and sponsors like Liquor Group were able to raise more than prior years at the event in charitable contributions, making the luau a huge success. Please visit www.bgca.org or just pick up the phone and call the nearest Boy’s and Girl’s Clubs of America’s office to find out what you can do in your community.

Contact:
Liquor Group Wholesale, Inc.
www.LiquorGroup.com
904-285-5885

Tuesday, October 14, 2008

Liquor Group Wholesale, Inc. Announces Fiscal 2008 Results

Liquor Group Wholesale, Inc. Announces Fiscal 2008 Results; Operating Income at 22% - Profitable for the year, Unaffected by the Credit Crunch

Liquor Group Wholesale, Inc. (OTCBB: LIQR) today announced its results for their fiscal fourth quarter of 2008. Form 8K filed with the SEC as follows:

The Company announced unaudited net income on a U.S. GAAP basis of $324,923 or $0.037 per share, for the fourth quarter of its fiscal year and overall unaudited results of fiscal 2008. These figures include the costs of the merger with North American Food & Beverage including the time consuming and costly process of bringing the newly merged Company back into full reporting compliance with the Securities and Exchange Commission to allow it to trade again on the public markets.
Some of the Company’s key financial highlights for the fiscal year of 2008 include the following:
  • Gross margin of 30%
  • Operating income of 22.6%
  • Cash Flow from Operations of $0.034 pershare (9.5 Million weighted average in Q4)
  • $19,025,702 Market Capitalization ($2.00 per share S1 price)
  • 33.5% Net Income
  • Current Ratio of +1.21 (Liquidity)
C. J. Eiras, President and CEO commented, “The Company has continued to see positive developments in its operations as evidenced by the strong performance in the final quarter of our fiscal year. The Net Income of $324,923 from fourth quarter operations demonstrates that even in this tough economy our Company was still profitable. The continued expansion of high margin brand sales coupled with increased market presence and continued growth of our portfolio has led to positive sales.”

Mr. Eiras continued, “The areas of our core business operations that have been positively impacted by our current business practices are increased sales in Control States due to new additions to our brand representation portfolio as well as the expansion of our sales force selling products with increased margins due to our buying power leverage. We believe that with some of the US’s leading premium products we can take advantage of the growing trends in the spirit and wine market as well as the value priced products that are increasingly becoming more main stream.”

The Company earned net income per share of $0.038 for the quarter which would be higher except for the one-time costs of the merger with North American Food and Beverage Corp. The Company provides these results to investors so that they might gain better insight into its underlying business trends from continuing operations. The Company also enjoys the use of a $22 million dollar net operating tax loss captured from North American Food and Beverage in the merger in August of 2007, an asset that has already come in handy every quarter this year to offset tax due on net profits.

Liquor Group Wholesale does not utilize any form of bank financing, floor plans or other credit facilities in its’ business operations. The Liquor Group business model provides us insulation from the current credit market squeeze. Distributors following the "traditional" business model for spirits distribution must have access to the credit market in order to pay for the large supplies of products that they buy for distribution over many months and they count on proceeds from their sales to re-pay the funds that were used to finance the purchase. The Patent Pending Bailment system allows us to pay only for the product sold with collected funds, eliminating the need to go to increasingly expensive and tight credit sources for funding. This essential difference between the "traditional" and Liquor Group’s Innovative Distribution business model increases our access to many specialty and mid-level mass market brands for our portfolio as other distributors following the "traditional" model are forced to eliminate brands in their portfolios as the credit crunch makes it increasingly difficult for them to find backing to floor plan their product purchases.

The Company currently represents more than 1700 spirit and wind brands in 31 US States and is one of the top emerging national distributors of alcoholic beverages in the US. The Company uses 31 state level customer distribution centers to make available many of the world’s leading alcohol beverage brands, including Happy Vodka, Happy Tequila, Happy Rum and Happy Gin, Trump Vodka and Trump Flavored Vodkas, Pendleton’s Canadian Whisky, Pravda Vodka, Old St. Andrews Scotch, Azzaro Wines, Willie Nelson’s Old Whisky River ranging from value priced to super premium. Liquor Group’s Single Malt Scotch selection is among the largest in the United States representing many top Scotch Specialists with offerings from all major Scotch Distillers including: Macallan, Highland Park, Glenlivet, Ardmore, Bowmore, Bruichladdich, Cao Isla, Longmorn, Edradour, Rosebank, Mortlach, Glen Elgin, Old Pulteney and Craiganmore.

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance, achievements expressed or implied by forward-looking statements. Investors are cautioned that forward-looking statements are not guarantees of future performance and that undue reliance should not be placed on such statements. The Company undertakes no obligation to publicly update, revise or restate any other forward-looking statements, whether as a result of new information, future events or otherwise, unless required to do so by securities laws. Investors are referred to the full discussion of risks and uncertainties included in the Company’s registration statement on Form S-1, and in other documents filed by the Company with the Securities and Exchange Commission.




Many other challenges and successes are more completely described in the document entitled: LiquorGroup Wholesale Year End Financial Statement 8-31-2008 available at: LiquorGroup.com  


Contact:
Liquor Group Wholesale, Inc.
www.LiquorGroup.com
904-285-5885

Sunday, October 12, 2008

Copied from Wall Street Journal’s Market Watch Community: Jacksonville Company breaks into the public market

Liquor Group Wholesale (LIQR) has reached the milestone final stage before trading after their take over of North American Food & Beverage Company (NAFB) and East Coast Beverage (ECBV) of Colorado. Founded in 1986, NAFB was a publicly held corporation with hundreds of individual and institutional shareholders, whose common stock share price on the NASDAQ trading system has topped $11 per share and whose market cap has reached an excess of $220 million dollars. Liquor Group negotiated the conversion of the almost all of the multi million dollar debt of NAFB at closing to stock at a rate of $24.50 per share, and were able to capture roughly $22 Million in NOL Tax carry forward credits as part of the announced deal. The SEC granted Liquor Group Wholesale their Notice of Effectiveness on September 9, 2008.

Founded in 2002 in a home garage in Ponte Vedra Beach with only one product to sell (Happy Vodka) with sales in only the State of Florida, the company grew slowly and organically until March 2005, at which time the decision was made to distribute other brands and expand to new markets. By March of 2006 the company represented more than 600 products in 7 states and by March of 2007 the company had more than 1200 products in their portfolio with sales in 31 states. At their fiscal year end Liquor Group Wholesale represented more than 1700 products including well known brands such as Trump Vodka and Flavored Vodkas, Pravda Vodka, Pendleton’s Canadian Whisky, Willie Nelson’s Old Whisky River, and Old St. Andrews Scotch just to name a few. Liquor Group’s Single Malt Scotch selection is among the largest in the United States representing many top Scotch Specialists with offerings from all major Scotch Distillers including: Macallan, Highland Park, Glenlivet, Ardmore, Bowmore, Bruichladdich, Cao Isla, Longmorn, Edradour, Rosebank, Mortlach, Glen Elgin, Old Pulteney and Craiganmore.

C. J. Eiras, President of Happy Vodka Corporation, managing member of Urban Brands and Spirits as well as owner of the Wild Orchid Vineyards worldwide made the announcement to the financial press which included a glimpse of the new direction of the company: “This brings more than just a new name as NAFB became ‘Liquor Group Wholesale’, it brings a whole new level of opportunity for our shareholders and gives Liquor Group a competitive edge in the liquor distribution industry…” says Eiras “…at this time there are no other liquor distribution companies operating in the US that are publicly traded to our knowledge, which puts us in a unique position to capitalize upon.” The NASDAQ traded Central European Distributing (CEDC) is a close match to Liquor Group Wholesale, and it holds a hefty P/E ratio; however their only markets are Poland and parts of the Eastern Block in Europe so they do not compare with the potential market share here in the US. Diageo (DEO) is an ADR traded on the NYSE, however its operations are mainly that of a brand owner and marketer of beverages with no declared distribution ownership in the US. LIQR is a unique trade as it offers full service distribution, consulting and importation to brands in the Liquor industry on a multi state basis.

Liquor Group Wholesale applied to NASDAQ and the SEC to retire the NAFB stock symbol and obtain the symbol LIQR. Liquor Group Wholesale began the implementation of all US wholesale operations of Liquor Group effective immediately after the September 2007 contract closing date however the approval of the SEC filings and the application for the LIQR symbol are recent events and should be settled prior to the first annual report filing of the new regime.

“This deal has been in the works since early 2006 and we are very pleased to see it come to fruition…” says Arnold Rosen, NAFB shareholder representative and board member “…with the keen business savvy and excellent management team at Liquor Group, the new direction for LIQR is very exciting!” Rosen is well known for his activities in the Real Estate Market, however he became a director of NAFB in 1999 during a former restructuring as he has been a major shareholder in the company for many years and remained on the new board of directors.

The board of directors is a veritable “who’s who” in the Liquor industry, entertainment business and corporate world, including Lou Maggio, a retired long time executive at VENUS Swimwear and CEO of Ring Productions, a motion picture production partnership with construction equipment gurus Ring Power and John Travolta’s attorney Mark Ossi, Esq. Steve Dodge, the control state coordinator for Liquor Group and state manager of Liquor Group Michigan, a 20 year liquor industry veteran, who joined Liquor Group after holding the General Manager position at the multi-million annual case distribution operation of General Wine and Liquor for 12 years. Steve Wang, President of First Coast China, a supplier of beverage bottles manufactured in the Orient is also a long time business consultant on Asian affairs and markets. Jan Phillipe Eiras, CEO of Quadrus, a US Missile Defense Contractor and software development firm, who brings to the board a senior level of corporate management experience as well as software engineering and planning for future IT growth of the organization. Lou Frezza, owner of VORTEX Management, whom manages celebrities and musicians, including the rising starlet Charity Hodges, TV Host of Speed Channel’s #1 rated show NOPI Tuner-Vision. Lowell Newman of Liquor Group rounds out the board; a former archeologist for the Smithsonian Institute and former wine consultant for ABC Fine Wine and Spirits, Newman acts as the “nose” of the company, making brand distribution selection suggestions based on taste profile and overall value and merchantability.

LIQR may use its public trading stock in the future to acquire additional companies within the alcohol beverage industry that can lend an advantage to widening the Liquor Group’s distribution channel and stretch the overall bandwidth of the organization. The management team believes in leveraging shares rather than utilizing cash purchases, doing so through stock swaps with variable trounces while retaining the ownership and management team though the mutual success goals of increased share price greatly increases the likelihood of long term success in these types of transactions. The company intends to open spirits brokerages services in the balance of the 18 US control states within 2008, and will expand additional license state operations during this period as well.

Liquor Group is best described as a consortium of privately held organizations that operate as full service licensed alcohol beverage importation, distribution and brokerages, with activities in 31 US States, the US Military and several International countries. Although LIQR is now publicly traded, the other Liquor Group entities shall remain separate private enterprises.

Monday, October 6, 2008

Liquor Group and Azzaro brings Couture to Wine

Liquor Group Wholesale, Inc, (LIQR) the publicly traded innovative wine and spirits distribution company, has been signed by Quality French Imports to represent their Azzaro Wines line in Florida. Azzaro Wines are being applauded by many as “the new era of French wines.” Third generation Languedoc -Roussillon winemaker Frédéric Roger, collaborated with Paris fashion designer, Loris Azzaro who allowed his name to be used for the brand. Roger, drawing on his long years of experience, has brought together a number of the most talented wine-producers from the most renowned appellations of the Languedoc-Roussillon region for this project. The outcome is an elegant, but accessible line of wines with eye-catching contemporary packaging, that are a pleasure for all of the senses.

The heart of the brand is the affordable Azzaro Classic line that offers six pure varietals in both 750ml and 500 ml bottles.

Azzaro Classic Chardonnay is a festive wine that is 100% chardonnay produced in two types of soil which brings freshness, generosity, full bodied and complexity. It is distinguished by aromas of white flowers and toasted bread, with a well rounded, clean taste.

Azzaro Classic Sauvignon Blanc is 100% sauvignon blanc sourced from several zones of the Languedoc. Each selected zone provides its own characteristics, resulting in a complex and most enjoyable wine. The Sauvignon Blanc is pale yellow with currant aromas. The burst of flavor in mouth offers hints of exotic fruits that charm the palate.

Azzaro Classic Cinsault made with 100% cinsault, one of the oldest grape varieties in the South of France. Cinsault is mainly used for Rosé wine. This wine bursts with aromas of wild roses blended with raspberry and sour cherry notes. Azzaro Classic Cinsault is the perfect wine for poolside sipping and elegant meals of lighter fare.

Azzaro Classic Syrah is 100% syrah from the vines planted in several zones of the Languedoc, producing exuberant wine dominated by fruit. This is a richly flavored, concentrated, red garnet and purple wine with a nose of red fruits: raspberry, currants, red flowers and vanilla. Round in mouth, the taste is ample and supple, with long silky tannins.

Azzaro Classic Cabernet-Sauvignon offers a harmonious blending of the many facets of Languedoc- Roussillon region. This 100% Cabernet Sauvignon wine reflects the freshness and elegance of the region’s cooler zones combined with the full bodied exuberance of the coastal areas. The wine has beautiful red-purple lights with a nose that is rich with black currant, strawberry, pepper, and liquorices. The tongue is smooth with notes of red fruits, and mint. The finish is long with silky tannins.

Azzaro Classic Merlot is made with 100% merlot. This is a dark red wine with aromas of poppies, cherry and black currants. Smooth and delicious, its silky tannins will enchant all palates.

Passion by Azzaro is a collection inspired by the varietals mosaic from the Mediterranean area. It is the result of proper blending of the grapes, carefully calculation of aging and the Passion of the winemaker. Passion by Azzaro, as with the Classic line, is elegantly packaged with a necktie printed label. A contemporary look that is immediately eye-catching.

Azzaro Passion White is a sophisticated blend of chardonnay, viognier and maccabeu grapes, an atypical wine that will please both new and the more experienced wine enthusiast alike. A beautiful golden yellow wine with aromas of fennel and linden flowers followed by white peaches and ripe apricots. Some of the grape varieties are aged for six months in new oak casks from the forests of Nevers and Tronais in France to ensure optimal harmony between the wood and the grapes. The aging in oak produces full, rounded tannins giving a toasted touch to the fruit and flower aromas.

Azzaro Passion Red is a velvety smooth blend of syrah, cabernet sauvignon, and Grenache. With a ripe cherry color, this wine reflects its Mediterranean origins with voluptuous aromas of violet and blackcurrants combined with ripe fruits, spices, pepper, and cinnamon. The richly flavored wine has an elegant nose with a long finish confirming its potential. The syrah and cabernet sauvignon are aged for 10 months in new oak casks from the Nevers and Tronáais forests of France, ensuring optimal harmony between the wood and the grape variety. This is the ideal wine for that special romantic evening.

The newest addition to the Azzaro line are the Azzaro Champagnes. This collaboration between Abel Lepitre, a renowned champagne houses founded in 1924, and Loris Azzaro has created two exceptional non-vintage cuvées .

Cuvée Brut Rosé, a blend of 50% Pinot Noir, 30% Chardonnay and 20% Pinot Meunier, was recently awarded 94 points by the Beverage Tasting Institute of Chicago at the 2008 World Wine Championships. Intense, pleasantly fruity and very fashionable Brut Rosé is exceptionally harmonious on the palate. Brut Rosé has delicious red fruit aromas and delicate, subtle flavors.

Cuvée Blanc de Blancs is produced from 100% Chardonnay. It is truly a champagne that embodies refinement, and exceptionally balance. On the palate, the Blanc de Blanc has a fresh, clean aroma of citrus and white flowers, and offers delicate, subtle flavors.

For additional information regarding Azzaro Wines please visit their website at www.AzzaroWine.com To find out more about Azzaro Wine or any of the other quality products represented by Liquor Group Wholesale visit www.LiquorGroup.com or call
1-866-REACH-LG (1-866-732-2454)

Liquor Group Wholesale's successful and innovative approach to spirits distribution has been a key element in the growth and development of many mid sized, small and emerging spirits brands and has now made the transition to the wine industry. The Liquor Group corporate model and culture are now finding success with larger, better known brands and is expanding with Liquor Group into additional states and markets. Liquor Group's ideology and business model offer brands the versatility and flexibility needed in order to both grow and meet the compliance requirements unique to each state's laws and regulations.