Liquor Group Holding, LLC. Award Notice Received

March 7, 2011 – Ponte Vedra Beach, FL – Liquor Group Holding, LLC., a privately owned Limited Liability Company based in Ponte Vedra Beach, FL received notice of Award today in the case of Liquor Group Holding, LLC. vs. Drinks Americas, Inc., American Arbitration Case number: 33 154  00283 09 held in Jacksonville, FL. 

Liquor Group Holding, LLC., a contracted brand supplier of Liquor Group Wholesale, Inc. (Publicly Traded: LIQR) has been involved in the arbitration against publicly traded Drinks Americas, Inc. (DKAM) for nearly two years, with multiple claims made on both sides of the arbitration.  In the end, all claims by both parties were denied and only the remaining value of inventory was considered in damages.

Publicly traded Liquor Group Wholesale, Inc., a Colorado Corporation remains unaffected by the ruling, as well as privately owned Liquor Group Florida, LLC. a Florida Limited Liability Corporation, and Liquor Group Michigan, LLC. a Florida Limited Liability Corporation, each of which were unsuccessfully attempted to be attached to the Arbitration proceedings and none of which were listed in the final, incontestable award.  All other Privately owned Liquor Group entities in other US states not related to the arbitration were also wholly unaffected by today’s ruling.      

About Liquor Group Wholesale

Liquor Group Wholesale, Inc. (Publicly Traded: LIQR) is an emerging alcohol distribution/brokerage organization representing thousands of brands with operations in 33 US States.  Our Manufacturer to State level conveyance utilizes a Patent-Pending business model focused on providing unique trade channels for many of the world’s leading & emerging alcohol beverage brands.  Current/historical financial information at: www.LiquorGroup.com and www.SEC.gov

CONTACT:  Liquor Group Wholesale / Jason Bandy 904-285-5885