Monday, August 31, 2009

Liquor Group Wholesale, Inc. Announces Profitable Fiscal 2009 Operating Results

Jacksonville, Florida – August 31, 2009 – Liquor Group Wholesale, Inc. (OTCBB: LIQR) announced its unaudited results for fiscal fourth quarter of 2009, prior to the annual shareholder conference.

Fiscal year net income (before expensing non-cash transactions of $256,000) was $729,828, or $0.0682 basic weighted earnings per share before non-cash expenses. The Company enjoys all profits through the use of a $25 million net operating tax loss captured in the merger of August 2007, an asset utilized to offset tax due on net profits every quarter.

Key Financials:

Key financial highlights for fiscal 2009 include:

Gross margin of 38.8%
Net income of 40.2%
Current liquid ratio of +1.85

C. J. Eiras, President and CEO commented, “Liquor Group Wholesale, which represents approximately 8% of Liquor Group associated worldwide operations continued to see positive developments in operations again this year, as evidenced by strong performance in the final quarter of our fiscal year. Once again our profitability demonstrates that even in this tough economy our operational system works. Our continued portfolio expansion of high-margin brands coupled with increased market presence has again led to positive results for our shareholders.”

Eiras continued “Our core business operations were again positively impacted by the advantages of our patent-pending business model. Increased sales are partly attributed to some new additions to our brand portfolio as well as the expansion of our sales force and territories, which continued to outpace supplies of products due to our buying power and leverage. Some of the leading premium products in the market have begun taking advantage of our growing operation; and our business model is increasingly becoming more accepted by the alcohol beverage industry.”

Many other challenges and successes are more completely described in the document entitled: LiquorGroup Wholesale Year End Financial Statement 8-31-2009 available at:  

The Company provides these results to investors so that they might gain better insight into its underlying business trends from continuing operations.

Patent-Pending Business Model:

Liquor Group Wholesale does not utilize any form of bank financing, floor plans or other credit facilities in its’ business operations. The Liquor Group uses a patent-pending business model that provides the company insulation from the credit market squeeze. Distributors following "traditional" business models for spirits distribution must have access to credit markets 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 funds used to finance the purchase. This Patent-Pending Bailment system allows us to pay only for the product sold once collected, using only a portion of the collected funds, eliminating the need to go to increasingly expensive and tight credit sources for funding. This essential difference between "traditional distributors" and Liquor Group’s Innovative Distribution business model increases our access to many specialty and mid-level mass market brands for our portfolio while 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.

Friday, August 14, 2009

Liquor Group Wholesale Adds “Big Guns” For Expansion Plans

Chicago, Il - Liquor Group Wholesale, Inc. (OTCBB:LIQR) continues to add more “firepower” to our team as we pick up steam during this final quarter of our fiscal year. Liquor Group companies have continued to hire new sales and marketing personnel during the past 12 months; however there is a recent addition to the team that is truly noteworthy:

Fred Rosen, a long-time major shareholder in LIQR.ob and a career alcohol-beverage retailer best known for his ownership in Sam’s of Chicago, the largest liquor volume retailer in the world, began consulting last month assisting with distribution company acquisition strategies and brand portfolio development for Liquor Group Wholesale. Mr. Rosen was later unanimously approved by the company Board of Directors to join Liquor Group Wholesale’s Board of Advisors with a focus on assisting the development of a large-scale retailer outreach strategy.

“We’re still accepting resumes…” proclaims C. J. Eiras, President of Liquor Group “…and they are still flowing in on a regular basis. The pool of talent in the alcohol industry is large and we intend to continue drawing from it. However, ‘industry moguls’ such as Fred Rosen are few and far between, and we are very pleased to welcome him aboard. He is a legend.”

“Liquor Group’s Innovative Distribution system is the first and only major new development in the liquor distribution business that I am aware of from the past 50 years…” says Rosen “…and I’m glad to be a part of their plan for continued success!”

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Thursday, August 6, 2009

Liquor Group Announces Annual Shareholder Conference

Jacksonville, FL – Liquor Group Wholesale, Inc. (OTCBB:LIQR) announced the schedule for our Annual Shareholder Conference for August 31, 2009 at 4:30 PM EST to provide an overview of the operations of the company during the past year, the strategy for continued success of the company and the potential for growth in the future based on current and proposed operational models. Topics to be discussed will include our Distributor Acquisition Vesting Agreement Strategy, Vendor/Brand Supplier Shareholder Programs and the dramatic metamorphosis of the alcohol beverage distribution industry as a whole.

All current shareholders of record are welcome to attend, however we request the courtesy of an RSVP. Be advised that all shareholders will need to provide a current broker's statement or a copy of a valid stock certificate along with a picture ID to attend. This is required prior to entry to the meeting due to the 200 person maximum occupancy capacity of our media/presentation room. Advanced notice of attendance is suggested, and electronic versions of the materials to be presented can be obtained after the meeting. Members of the Press are also welcome to attend, however we request that such attendance also be scheduled in advance with the company to coordinate camera positioning and microphone placement.

Time: August 31, 2009 at 4:30 PM EST
Simulcast Dial-In Number: 1-605-475-6333 Access Code: 26803
Location: 4600 Touchton Road, Building 100, Suite 150, Jacksonville, FL 32246

Requests for Reservations or Meeting Materials: Subject Line: “2009 Shareholder Meeting”

A private shareholder-only reception will be held afterwards at a nearby location as a “thank you” for all the shareholder support that has been garnered for the company over the past year, and to build camaraderie amongst our shareholders.

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