ASCC to Bring a Second Vodka Brand to Market

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ASCC to Bring a Second Vodka Brand to Market

MIRAMAR BEACH, Fla.–(BUSINESS WIRE)– Even as the Aristocrat Group Corp. (OTCBB: ASCC) prepares for the launch of its debut ultra-premium vodka, the company isn’t slowing down on its ambitious release schedule. Today, ASCC announced that it’s already begun work formulating the next spirit to hit store shelves from its brand management division, Luxuria Brands.

“While the product label for our debut vodka is awaiting approval by the Alcohol and Tobacco Tax and Trade Bureau (TTB), all of our creative energy is being put into the second brand of vodka that we plan to release this year,” said ASCC CEO Robert Federowicz. “This new spirit will stand out in the marketplace thanks to its innovative packaging and the characteristically high quality of spirits distilled by Distilled Resources.”

Distilled Resources, Inc. (DRinc) will be responsible for distilling and packaging both forthcoming vodkas, which will be delivered to TOP Shelf Distributing, a wholly owned subsidiary of ASCC. The company looks forward to announcing more details about both products very soon, Federowicz said.

According to Forbes magazine quoting Noah Rothbaum, author of the book The Business of Spirits, “Vodka is head and shoulders the No. 1 category in the U.S.,” he says. “Americans’ thirst for vodka is crazy.”

ASCC sees vodka, America’s best-selling spirit, as the key element to growing its brand management division, Luxuria Brands. The success of the endeavor will allow the company to compete in a highly profitable sector alongside Limited Brands, Inc. (NYS: LTD) , Proctor & Gamble (NYS: PG) , New York & Company, Inc. (NYS: NWY) and Chico’s FAS, Inc. (NYS: CHS) .

For more information on this initiative, please visit www.aristocratgroupcorp.com/investors.html.

Follow ASCC on Twitter at www.twitter.com/AristocratGroup.

About the Aristocrat Group Corp.

Through its brand management division, Aristocrat Brands, the Aristocrat Group Corp. (www.aristocratgroupcorp.com) is on the path to becoming a provider of premiere luxury goods, including top-shelf distilled spirits. The company targeted the growing market for quality domestic liquor in order to deliver maximum returns to our shareholders.

The Aristocrat Group Corp. is also exploring smart growth initiatives to position itself as the premier resource for women’s lifestyle products and services, including motherhood resources. For more information, please visit www.aristocratgroupcorp.com/investors.html.

Notice Regarding Forward-Looking Statements

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words “believes,” “expects,” “anticipate” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone’s past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

The Aristocrat Group Corp.
Robert Federowicz, 850-269-6801
President and CEO
info@aristocratgroupcorp.com

KEYWORDS:   United States  North America  Florida

INDUSTRY KEYWORDS:

The article ASCC to Bring a Second Vodka Brand to Market originally appeared on Fool.com.


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The Last-Minute Tax Move That Could Be Worth $100,000

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Filing taxes online
Alamy

The 2012 tax filing deadline is less than a month away and if you haven’t filed yet, don’t worry — you’re not alone. H&R Block (HRB) estimates that on average, Americans are about two weeks behind last year’s filing pace, with about 60 million yet to file as of the beginning of March.

A big part of the delay is driven by the last-minute tax law changes and new reporting requirements that were so complex that even the IRS was forced to delay its typical starting date for accepting returns.

If you’ve got all the paperwork and are just dreading the effort or the bill you might have to pay, here’s something that might motivate you to get moving: There’s a last-minute tax move you can make for 2012 that could potentially be worth over $100,000.

The move that can be worth so much? It’s simple: Fund your IRA for 2012.

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And exactly how do we come up with the tasty $100,000 carrot to get you to act? Like this: The money you contribute to an IRA (traditional or Roth) grows tax deferred. And if the IRA you fund is a Roth IRA, that growth may even end up being completely tax free.

People under age 50 can contribute up to $5,000 for 2012. If that $5,000 contribution compounds at 8 percent annually for the next 40 years, your savvy tax move you make in the next month winds up being worth $108,623.

That’s not a bad haul for a one-time investment, but you’ve got to get moving.

While the IRS will automatically let you extend the deadline to file your 2012 taxes , the window slams shut on 2012 IRA contributions after April 15. In short, filing extensions do not apply to IRA contributions.

What If You Don’t?

Of course, there’s nothing forcing you to contribute to your IRA. If you can’t come up with the cash or otherwise choose to not contribute, that’s fine. But understand what you miss out on:

  • Tax-deferred compounding: You can still invest money outside of your IRA, but you’ll likely owe taxes on dividends and capital gains on the returns that money makes, even years before you need to spend it.
  • Creditor protection: Many states shield some or all of your IRA assets from creditors, protecting that money from being seized to satisfy most common debts. Money in an ordinary brokerage account does not enjoy that kind of protection.
  • College financial aid: Money held in an IRA is not counted as an asset for calculating a family’s expected financial contribution when calculating federal financial aid for college. Investments in ordinary brokerage accounts reduce the amount of aid a student can receive, whether those investments are held by the student or that student’s parents.
  • Penalty enforced retirement focus: With few exceptions, tapping your IRA prior to retirement is a very expensive proposition. Most early withdrawals are subject to being taxed at your marginal income tax rate plus a 10 percent penalty for taking the money out early. If you’ve ever been tempted to spend a chunk of money just because it’s there, that penalty can help you avoid that temptation, giving your cash the opportunity to truly compound for decades on your behalf.

There’s Always Next Year (or Is There?)

If you don’t fund your 2012 IRA now, of course you can always “wait until next year.” Of course, then you’ll miss out on the benefits of starting the all-powerful compounding clock right now. Plus, unless you make the commitment to yourself to fund your plan, you may well wind up in the same situation next year, too.

If you wait long enough, the opportunity to invest a little now and let compounding turn it into a comfortable retirement will pass you by. And that would truly be a tragedy.

Making the right financial decisions today makes a world of difference in your golden years, but with most people chronically under-saving for retirement it’s clear not enough is being done. Don’t make the same mistakes as the masses. Learn about The Shocking Can’t-Miss Truth about Your Retirement in this free report.

 

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Despite Stock Market Gains, Workers Worry About Retirement

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workers worry about retirement savings
Alamy

The stock market has climbed back to a record high, but workers remain pessimistic about having enough money for retirement. The Employee Benefit Research Institute’s annual retirement confidence survey shows nearly half of workers have little or no confidence that they’ll have a financially comfortable retirement.

Here’s a look at some of the findings from the 23rd annual survey released Tuesday:

Respondents who are very confident about having enough money for a comfortable retirement: 13 percent

  • Somewhat confident: 38 percent
  • Not too confident: 21 percent
  • Not at all confident: 28 percent

Percentage of workers identifying the following issues as the most pressing concerns that most Americans face, followed by the percentage of retirees identifying that issue:

  • Job uncertainty: 30 percent, 27 percent
  • Making ends meet: 12 percent for both groups
  • The budget deficit and government spending: 8 percent, 14 percent
  • Paying for health insurance and medical expenses: 9 percent, 10 percent
  • The economy: 8 percent, 6 percent
  • Taxes: 8 percent, 5 percent
  • Making mortgage payments: 8 percent, 4 percent
  • Saving for retirement: 2 percent, 4 percent

Percentage of workers reporting that they could definitely come up with $2,000 if an unexpected need arose within the next month, followed by the percentage of retirees:

  • 50 percent, 52 percent

Percentage who could probably come up with $2,000:

  • 20 percent, 17 percent

Percentage who could probably or definitely not come up with $2,000:

  • 28 percent for each group

 

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Bill Gates Was Right: Green Energy Wasn’t Ready for Prime Time

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MIcrosoft chairman Bill Gates. (Elaine Thompson, AP)
Elaine Thompson, AP

It’s been nearly two years since Bill Gates came out with his famous dismissal of “green energy” in general, and solar power in particular, as “cute” but too inefficient, too expensive, and too small in scale to actually make a dent in global warming. And once again, it appears the founder and chairman of Microsoft (MSFT) was ahead of the curve.

In an article in this month’s edition of The Wall Street Journal’s WSJ.Money magazine, the newspaper outlined a swelling backlash against solar, wind, and biofuels — among investors at least: “Burdened by global overcapacity, slowing demand and the resurgence of fossil fuel production, clean-tech investments have fallen heavily out of favor” on Wall Street, lamented the Journal.

Wind and Sun and Batteries, Oh Well!

And no wonder. While energy experts predict that wind power contributions to global energy production will continue rising, and may account for more than 30 percent of global energy production by the year 2050, the pace of growth in other green energy sectors is already showing some slack.

Take solar power systems installations, for example. After growing nearly six-fold from 2007 to 2012, growth in the solar power market is expected to slow in the coming years, and to barely double in size from 2011 through 2016.

Other green-energy niches are encountering headwinds as well. While electric cars saw sales spike 26 percent last year as Tesla (TSLA) and Nissan, and even Ford (F) and General Motors (GM) brought e-cars to market, sales are expected to grow only 6 percent this year. After rapidly burning through their supply of early adopters — and as the vehicles’ limited driving range and high sticker prices, plus the lack of charging infrastructure along major transportation routes becomes more clear — automakers are hitting a wall as they seek further growth.

The Fallout

Meanwhile, a surge in investment in shale gas and oil is helping ignite a boom among traditional energy companies, expanding supply, driving down prices, and making green energy look all the more expensive in comparison.

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Result: One pioneer of green energy investing, Sun Microsystems co-founder and green energy investor Vinod Khosla, has seen the value of his green-energy investments fall by half.

And that’s the good news.

The bad news is that many ventures in the industry have done much, much worse. Solar panel maker Solyndra was only the highest profile of these failures. More recently, we’ve also seen bankruptcy filings of battery makers A123 Systems and EnerDel parent Ener1. The death of automotive start-up Th!nk Global. The slow fade of Pacific Ethanol and its peers.

What Does It Mean to You?

The good news among all this doom and gloom, of course, is that as the hot air rushes out of the overinflated green energy balloon, what remains should be a more solid core. Once the unprofitable dross have been cleared away, any profitable companies that remain should be easier to spot — and considerably cheaper, should you still feel inclined to invest in them.

Meanwhile, the future for investments in oil and gas companies like ExxonMobil (XOM) is looking shinier than ever.

Motley Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends Ford, General Motors, and Tesla Motors. The Motley Fool owns shares of Ford, Microsoft, and Tesla Motors. Try any of our newsletter services free for 30 days.

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World of Leggings Calls Its "Made in the USA" Manufacturing Strategy Advantageous Compared to Asian

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World of Leggings Calls Its “Made in the USA” Manufacturing Strategy Advantageous Compared to Asian Manufacturing Citing Recent Issues and Product Recalls by Lululemon and Others

LOS ANGELES–(BUSINESS WIRE)– BRAVADA International Ltd. (www.WorldofLeggings.com) (Pink Sheets:BRAV) – World of Leggings announced today that it calls its “Made in the USA” strategy advantageous over companies that use Asian based manufacturing of women’s fashion citing recent quality control issues and product recalls by Lululemon and others. World of Leggings® maintains a strict policy of “Made in the USA” women’s fashion with over 95% of its women’s leg fashion and leggings, manufactured in Los Angeles, California. World of Leggings cites multiple advantages to its “Made in the USA” manufacturing policy which include same day and real time quality control, “Just in Time” inventory management, superior overall quality, reduced capital and shipping costs as well as economic benefit to the United States through job creation and capital flows.

Recently, Lululemon Athletica announced a large recall of its Asian made black Luon women’s bottoms from their stores, showrooms and e-commerce site that affected approximately 17% of all its women’s bottoms. Additionally, products manufactured in China accounted for 67% of consumer product recalls in 2007, as cited by the February 2008 NERA.com Study.

“I always employ a contrarian way of thinking when it comes to implementing macro elements of our Company’s overall business strategy,” replied Danny Alex, CEO of BRAVADA International – World of Leggings. “When the phenomenon of overseas manufacturing began to manifest itself in large scale some 10 years ago, I was of the opinion that the right thing would have to be to manufacture products in the United States and moreover, when you look at the massive benefits of manufacturing domestically, you come to a quick and easy decision that Made in the USA is a stronger overall policy in maintaining inventory as well as quality control.”

All of BRAVADA International’s major business entities, World of Leggings retail stores, WorldofLeggings.com and OnlyLeggings.com employ a “Made in the USA” manufacturing policy.

About BRAVADA International Ltd.

BRAVADA International owns and operates World of Leggings, WorldofLeggings.com, and OnlyLeggings.com. World of Leggings® is a real world leggings superstore that specializes in all styles of Made in the USA leggings, tights and bodysuits. OnlyLeggings.com is the largest online leggings superstore for leggings such as faux leather leggings, galaxy leggings, tribal leggings, bodysuits, cotton basic leggings and more.

www.WorldofLeggings.com

www.Facebook.com/WorldofLeggings
www.OnlyLeggings.com
www.BasicallyCotton.com

This news release may contain statements about future expectations, plans, prospects or performance of BRAVADA International Ltd. that constitute forward-looking statements for purposes of the safe harbor Provisions within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by phrases such as BRAVADA “believes,” “intends,” “expects,” “anticipates,” “foresees,” “forecasts,” “estimates” or other words or phrases of similar import. All such forward-looking statements are subject to certain risks and uncertainties that could cause actual results to differ materially from those in forward-looking statements.

World of Leggings is a Registered Trademark of BRAVADA International Ltd.
Lululemon Athletica is a Registered Trademark of Lululemon Athletica Canada Inc.

BRAVADA International Ltd.
Danny Alex, CEO
323-424-4195
Bravada@BravadaLtd.com

KEYWORDS:   United States  North America  California

INDUSTRY KEYWORDS:

The article World of Leggings Calls Its “Made in the USA” Manufacturing Strategy Advantageous Compared to Asian Manufacturing Citing Recent Issues and Product Recalls by Lululemon and Others originally appeared on Fool.com.


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Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.




 

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