


GuestTek International, Inc. to Issue Shot Spirits Stock Dividend to Shareholders of Record as of January 15, 2010
GuestTek International, Inc. to Issue Shot Spirits Stock Dividend to Shareholders
GuestTek International, Inc. to Issue Shot Spirits Stock Dividend to Shareholders of Record as of January 15, 2010
LONDON, Dec. 17 /PRNewswire-FirstCall/ -- GuestTek International, Inc. (Pink Sheets: GESM) is pleased to announce that its Board of Directors has approved a dividend of restricted common stock of Shot Spirits Corporation for shareholders of record as of January 15, 2010, with a payment date no later than February 15, 2010. GuestTek shareholders are to receive 2 shares of Shot Spirits Corporation (Pink Sheets: SSPT) stock for every 3 shares they own of GuestTek International stock as of the Record Date; no fractional shares shall be issued. Shot Spirits Corporation is currently trading at approximately $.008 per share.
GuestTek recently completed the sale of its GuestMetrics subsidiary to Shot Spirits in return for $5 Million, paid in the form of restricted common shares of Shot Spirits stock to GuestTek in November of this year. The Company retained the right to market and sell GuestMetrics' software products, for which GuestTek shall receive a commission on all net revenue generated from software sales.
"This dividend is a bonus for our loyal shareholders, who will now receive ownership in a dynamic company that is focused on developing and marketing new innovative products and services to the bar and restaurant industry," stated David Lovatt, Chairman and CEO of GuestTek International, Inc.
About Shot Spirits Corporation:
Shot Spirits Corporation has operations through its two wholly owned subsidiaries, Shot Spirits International, Inc. and GuestMetrics, Inc. Shot Spirits International, Inc. is a beverage company focused on products for the on premise and off premise market place. GuestMetrics, Inc. ([ www.guestmetrics.com ]) is a leading provider of customer insight solutions for the hospitality industry, its suppliers and distributors. The GuestMetrics software is fully integrated with the leading point of sale (POS) systems and allows hospitality providers at every level of the market to improve business operations.
About GuestTek International:
GuestTek International specializes in cloud based technologies that use the Internet to deliver business critical applications via a global network of partners. GuestTek International plans to grow via strategic acquisition over the coming 12 months as well as strong sales through its subsidiary, Enable Software Ltd. For more information on GuestTek International, Inc. please visit: [ www.guesttek-inc.com ] Enable Software Ltd., is a wholly owned subsidiary that is based in Europe and develops email management software solutions Company, works exclusively with IT Service Providers to furnish them with the very latest in email management solutions for the modern market place. Their solution covers everything from Archiving, Anti-Spam, Disaster Recovery and Business Continuity.
Safe Harbor Act: This release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involves risks and uncertainties including, but not limited to, the impact of competitive products, the ability to meet customer demand, the ability to manage growth, acquisitions of technology, equipment, or human resources, the effect of economic business conditions, and the ability to attract and retain skilled personnel. The Company is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
SOURCE GuestTek International, Inc.