JACKSONVILLE, Fla., April 16, 2009 (GLOBE NEWSWIRE) -- Liquor Group Wholesale (OTCBB:LIQR) CEO C.J. Eiras is interviewed by Wall Street Reporter as part of its ongoing series of CEO interviews focused on "in the news" publicly traded companies. Over the past several months, Liquor Group has garnered the attention of multiple financial news agencies, including FOX Business, Wall Street Network, CEOcast.com and Wall Street Radio.
Eiras was also recently nominated for the prestigious Ernst & Young "Entrepreneur of the Year 2009" award, gaining attention for his role in leading Liquor Group Wholesale through a recent merger and listing of the firm's stock on the exchange, all the while utilizing it's unique business methodology. The Wall Street Reporter interview is available at www.wallstreetreporter.com beginning April 16, 2009.
The wide ranging interview discusses Liquor Group's patent-pending Bailment business model which gives the firm a decided advantage over more traditional business models employed by other liquor distribution companies. The Innovative Distribution model allowed Liquor Group to undergo rapid expansion without recourse to outside credit facilities, without monthly inventory carrying costs, and without product selection risk, all factors that are particularly important during the recent and continuing credit market restrictions. Eiras also comments on the generally favorable outlook for the liquor industry in general as well as Liquor Group's prospects as the only publicly traded alcohol distribution firm.
About Liquor Group Wholesale
Liquor Group Wholesale (OTCBB:LIQR) is an emerging liquor and wine distribution company representing more than 1700 spirits and wine products with varying degrees of operations in 31 US States. More information available at www.LiquorGroup.com.
The Liquor Group Wholesale, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=5642
Safe Harbor
Except for the historical information contained herein, the matters set forth in this press release, including the description of the company and its product offerings, are forward-looking statements within the meaning of the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including the historical volatility and low trading volume of our stock, the risk and uncertainties inherent in the early stages of growth companies, the company's need to raise substantial additional capital to proceed with its business, risks associated with competitors, and other risks detailed from time to time in the company's most recent filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date hereof. The company disclaims any intent or obligation to update these forward-looking statements.