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 or at the Securities and Exchange Commission Website at

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.