- CEO
- Daniel Sobolewski
- Sector
- Consumer Defensive
- Industry
- Beverages - Wineries & Distilleries
- Address
- 224 Datura Street #1015 West Palm Beach FL United States of America 33401
- IPO Date
- Feb 19, 2015
- Business
- South Beach Spirits, Inc. (SBES) focuses on the development, manufacture, marketing, and sale of alcoholic beverages, including traditional and flavored vodkas under the V Georgio Vodka brand; the company operates as a development-stage entity in the beverages industry with limited revenue generation and minimal active operations. Incorporated in 2012 and headquartered at 224 Datura Street #1015, West Palm Beach, Florida, it previously operated as CME Realty, Inc., changing its name in September 2015 to reflect its pivot from real estate services. It serves retail and hospitality channels primarily in Florida and select Caribbean markets, generating trailing twelve-month revenue of approximately $118,750 with ongoing net losses. In recent years, the company pursued a reverse merger with St. Martin Powerboats, LLC, announced in 2016 but later cancelled, marking its last notable strategic initiative amid persistent operational inactivity and no reported new funding, acquisitions, product launches, or expansions within the past 1-2 years.