AB Partners LLC Corporate Update

LOS ANGELES - Aug. 18, 2013 - PRLog -- Los Angeles, August 18^th 2013

AB Partners, LLC (ABP), owners of BadBoy Vodka, are pleased to announce that Dennis Rodman will be joining Melissa Lee on CNBC’s “Fast Money” show on August 29^th, to discuss amongst other things, BadBoy Vodka.

We would also like to clear up some confusion that has been brought to our attention.

At the beginning of this year, we enlisted Premier Brands Inc. of San Diego, CA to consult us on the creation of the product, and to assist us in getting BadBoy Vodka to market. At the expiration of that service agreement, we did also enlist Premier Brands Inc. to serve as our Brand Manager, which was done under a monthly service contract between the companies.

As of last Thursday, August 15^th, Premier Brands Inc will no longer be representing us in the capacity of Brand Manager, and will have no exclusive rights to represent ABP or the product going forward. We have communicated our agreement to enter into a non-exclusive sales role for Premier Brands Inc., subject to them receiving all necessary approvals needed to sell liquor.

It is also important to point out that at no point did Premier Brands Inc. own stock in ABP, or any other rights to equity in Bad Boy Vodka, nor have there been any revenue share agreements entered into between the two companies.
Likewise, I would also like to clarify that at no point has ABP, our Members, Managers or employees owned, traded, or otherwise benefited from trading Premier Brands stock.

We would like to point out that we have continuously been referring Premier Brands investors, when asked, to communicate directly with Investor Relations at Premier Brands Inc. as to not spread any information that could be considered proprietary.

We sincerely hope this will clear up any misunderstandings that exist, and we thank you for your continued support of our company and our brand.

 

Andreas B. Johansson

CEO

AB Partners, LLC
http://www.abp-corporate.com