WII article prompts Triumph Wine Group to amend SEC filings & web site, but lacks vital state permit to legally make wine

January 17, 2018

Wine Industry Insight’s Jan. 15 article has prompted Triumph Wine Group to quickly amend its Securities and Exchange Commission (SEC) filings and FlashFunders web site. However, an offering statement in English still is not easy to find on that site, and many statements remain incomplete, unverified, or misleading. What’s more, TWG lacks a key state […]

The Triumph code. There actually is an offering statement, but it is deliberately hidden and inaccessible

January 15, 2018

The absence of an offering statement seemed like the most boneheaded mistake a company could possibly make. As a business founder and someone who has raised funds in a variety of ways including partnerships and as a CEO of a NASDAQ traded public company, transparency, disclosure and the offering statement are fundamental. The lack of […]

Triumph National Sales wines among many processed at three custom crush facilities

Labels for all wines sold must have a Certificate of Label Approval (COLA) from the U.S. Alcohol and Tobacco Tax and Trade Bureau (TTB) These three label approvals for Triumph Cellars wines tell the Bonded Winery Number (BWN) where the grapes were crushed and fermented. TTB COLA – 2017 Approval Chardonnay BWN-CA-21424 TOP IT OFF […]

14 Reasons the new NIH/industry-funded moderate alcohol & health study is on track to be a $100 Million CREDIBILITYflop

November 29, 2017

Click here for an editorial on the issues raised by this article: Alcohol science versus public credibility – Why MACH15 must correct its protocol in order to be worthwhile This full premium article has been updated with comments from Dr. Kenneth Mukamal, the Principal Investigator of the study. By Lewis Perdue, Publisher and Executive Editor […]

Bankruptcy Court to Consider Formal Motion For Sullivan Vineyards Sale on Dec. 11

November 13, 2017

A formal hearing on a proposal to sell Sullivan Vineyards will be held at 10:30 a.m. Dec. 11 in the Santa Rosa courtroom U.S. Bankruptcy Court for the Northern District of California. The hearing follows an oral discussion during a hearing on Oct. 30, (previously reported by Wine Industry Insight) at which the Bankruptcy Trustee […]

Sullivan Bankruptcy Trustee Hits The Ground Running, But Secured Creditors Losing Patience

September 22, 2017

JUST FILED: Late Sept 21: Trustee Operating Reports for Sullivan Vineyards Corporation & Partnership. Full documents for premium subscribers available in links at bottom of this article. The newly appointed Sullivan Vineyards bankruptcy Trustee, Timothy Hoffman has charged full speed into sorting out the winery’s Chapter 11 process and says he has gotten the support […]

Sullivan Vineyards bankruptcy: Napa Valley’s Chapter 11 from Hell

September 14, 2017

The wildest Falcon Crest episode ever made pales by comparison with Napa Valley’s Sullivan Vineyards bankruptcy. The Chapter 11 proceeding is one of the messiest, most convoluted, and personally vicious winery insolvencies ever to hit a financial rock bottom in Napa Valley without ending in murder suicide. The Sullivan saga features corporate boardroom skullduggery, a […]

The Mystery of Jeffry Hill’s Secret Federal Court Files Continues. Is Grape Fraud OK With Feds?

September 6, 2017

If anyone at the U.S. District Court in San Francisco knows anything about grape fraudster Jeffry Hill’s federal wiretapping case, they are saying nothing. The court records have been sealed for more than 3-1/2 months now in a case that has lingered without federal sanctions for more than three years. Neither court officials, the prosecution […]