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Top Shelf Brands Holdings Corp (PK:DKTS)

Business Focus: Beer, Wine & Liquor Stores

Sector:  Consumer Non-Cyclicals Industry:  Food Retail & Distribution
 
Company Contact
Address: Bank Of America Center
700 Louisiana Street, Suite 3950
HOUSTON TX 77002
Tel: N/A
Website: N/A
IR: N/A
Key People
Bruce K. Klein
Chairman of the Board, Chief Operating Officer, Secretary
Alonzo Pierce
Chief Executive Officer, Director
Todd Waggoner
Chief Financial Officer, Treasurer
Business Overview
Top Shelf Brands Holdings Corp. is a marketer and supplier of alcohol beverage brands. The Company markets and supplies boutique wines. The Company develops, imports, markets and supplies branded alcoholic beverages. The Company offers its products either on premise or retail. The Company incubates, creates, markets and supplies branded alcoholic beverages with an initial offering of Tequila, Liqueur and Bourbon. The Company is a federally licensed importer and supplier of alcoholic beverages.
Financial Overview
For the nine months ended 30 September 2011, Top Shelf Brands Holdings Corp revenues decreased 14% to $1.1M. Net income decreased 14% to $323K. Revenues reflect Management Fees Related Party decrease of 16% to $1.1M, Joint Marketing decrease from $2K to $0K. Net income also reflects Management Fees -Related Parties increase from $101K to $440K (expense), Debt forgiveness - related parties decrease from $242K (income) to $0K.