Monday, April 26, 2010

Liquor Group Sponsors Palm Beach International Film Festival & Gala

April 26, 2010 – Palm Beach Island, FL – The opening night gala at the 15th Annual Palm Beach International Film Festival featured several products represented by Liquor Group Wholesale, Inc (Publicly Traded: LIQR), including Fat Ass Tequila, Columbus Rums and wines from Andretti Winery.  This years gala was held The Omphoy Ocean Resort Hotel in Palm Beach following the screening of the festival's opening night films.  Liquor Group CEO C. J. Eiras said that the firm was "Proud to support The Palm Beach International Film Festival and other film industry activities throughout the State of Florida.”


Lou Frezza, a Movie and Television Producer as well as a long standing Board of Adviser Member of Liquor Group presented one of his feature films at the event: “Moonshine to the Finish Line: The Unofficial Beginnings of NASCAR” which premiered at The Cobb Theaters.  Frezza held a “Discover a Fat Ass Movie” after-party, (a word play on Columbus Rum and Fat Ass Tequila) with celebrity guests Evita Edmond and Horizon Award winner Quinton Aaron, however the party celebrating the moonshine & bootlegging days of NASCAR was eventually shut down for being too rambunctious, go figure...

Photos of the event:


Tuesday, April 6, 2010

Liquor Group Enjoys Increases in Control States Sales

Jacksonville, FL – April 5, 2010 – Liquor Group Wholesale (Publicly Traded: LIQR) has watched a trend develop in their territories. Just as shown in recently published data*, spirits case sales overall were up 3.3% compared to last year's same period sales with overall rolling-twelve month volumes growth at 1.7% compared to January's 1.5%.  The portion of sales represented by Liquor Group products from these overall figures has increased into the double digits, with overall growth rates reported by Alabama, Idaho, Iowa, Montgomery County Maryland, Maine, Mississippi, North Carolina, Ohio, Oregon, Pennsylvania, Utah, Virginia, Vermont, Washington, and Wyoming, all of which exceeded their twelve month trends.  Overall wine case sales grew 3.6% in the control states, with Pennsylvania, New Hampshire, Mississippi, Utah, Montgomery County Maryland, and Wyoming reporting growth rates of 4.2%, 1.8%, 4.5%, 3.6%, 11.0%, and 2.5%, respectively, with rolling-twelve month wine volumes growing 2.1%. 

Control state shelf dollars grew at 4.3% during February while trending at 2.3% during the most recent twelve months. Growth rates reported by Alabama, Iowa, Idaho, Montgomery County Maryland, Maine, Mississippi, North Carolina, Ohio, Oregon, Pennsylvania, Utah, Virginia, and Washington exceeded their twelve month trends.

Irish whiskey, with 0.5% share of the control states spirits market, was the fastest growing category with 22.1% reported and a twelve month trend of 12.8%. Vodka, with a 33% share, grew during the same periods at 7.4% and 6.4%. The growth rates of all categories - Brandy/Cognac, Canadian, Cocktails, Cordials, Domestic Whiskey, Gin, Irish Whiskey, Rum, Scotch, Tequila, and Vodka - exceeded their twelve-month trends.  The data concurs with and reinforces the outlook of the overall market by management at Liquor Group, as they continue to enjoy increased sales and distribution depth in both License and Controlled States.

*Source: National Alcohol Beverage Control Association (NABCA)

Thursday, April 1, 2010

Liquor Group Wholesale Shareholders Overwhelmingly Approve Corporate Actions

Jacksonville, FL – April 1, 2010 – Liquor Group Wholesale, Inc. (Publicly Traded: LIQR) held a shareholder meeting today that measured the support of the shareholders for implementation of several corporate actions outlined in Proxy Statements sent out in March of 2010. The overwhelming majority of shareholders voted their shares in approval of the measures, including the re-election of C. J. Eiras, Lowell Newman, Steven Dodge and Jan Philippe Eiras to the Board of Directors, the implementation of a new stock position strategy, and the incorporation of new language in the articles of incorporation delegating additional power to the Board allowing shareholder action by written consent.  With over 75% of shareholders voting their shares today, and of those votes more than 95% were cast for approving the measures, the Board of Directors felt comfortable initiating the plans immediately.

About Liquor Group Wholesale, Inc.

Liquor Group Wholesale, Inc. (Publicly Traded: LIQR) is an emerging liquor and wine distribution company representing more than 1800 brands with varying degrees of operations in 32 US States; utilizing a Patent-Pending Distribution model, focused on providing distribution channels for leading alcohol beverage brands.  Operations include manufacturer to state-level conveyance; focusing on concept to purveyor consolidation and ownership through stock-vesting in alcohol distribution/brokerage firms.  Information on Liquor Group Wholesale financial and business operations is available on our website at LiquorGroup.com or at the Securities and Exchange Commission Website at SEC.gov

Safe Harbor Statement

This press release includes statements of our expectations, intentions, plans and beliefs that constitute "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and are intended to come within the safe harbor protection provided by those sections. These statements, which involve risks and uncertainties, related to the discussion of our business strategies and our expectations concerning future operations, margins, profitability, liquidity and capital resources and to analyze and other information that are based on forecasts of future results and estimates of amounts not yet determinable. We have used words such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "thinks," "estimates," "seeks," "expects," "predicts," "could," "projects," "potential" and other similar terms and phrases, including references to assumptions, in this press release to identify forward looking statements. These forward looking statements are made based on expectations and beliefs concerning future events affecting us and are subject to uncertainties, risks and factors relating to our operations and business environments, all of which are difficult to predict and many of which are beyond our control, that could cause our actual results to differ materially from those matters expressed or implied by these forward looking statements. More information about these and other factors are described under the caption "Risk Factors" in Liquor Group Wholesale's Annual Report filed with the Securities and Exchange Commission.

When considering these forward looking statements, you should keep in mind the cautionary statements in this press release and the documents incorporated by reference. New risks and uncertainties arise from time to time, and we cannot predict those events or how they may affect us. We assume no obligation to update any forward looking statements after the date of this press release as a result of new information, future events or developments, except as required by the Federal securities laws.