Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Consilium Investment Management, LLC

2. Date of Event Requiring Statement (MM/DD/YYYY) 6/11/2014

3. Issuer Name and Ticker or Trading Symbol

Panache Beverage, Inc. [WDKA]

(Last) (First) (Middle)

3101 N. FEDERAL HIGHWAY, SUITE 502

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director ___ X ___ 10% Owner
_____ Officer (give title below) _____ Other (specify below)

(Street)

FT. LAUDERDALE, FL 33306

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

___ Form filed by One Reporting Person
_ X _ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	16629876	I	See footnote ⁽¹⁾
Common Stock	120000	I	See footnote ⁽²⁾

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock Purchase Warrant	6/21/2013 ⁽³⁾	12/21/2017	Common Stock	2760000	$0.50	I	See footnote ⁽⁴⁾
Common Stock Purchase Warrant	8/14/2013 ⁽⁵⁾	2/14/2018	Common Stock	1840000	$0.50	I	See footnote ⁽⁴⁾
Common Stock Purchase Warrant	12/11/2014 ⁽⁶⁾	6/11/2017	Common Stock	2500000	$0.15	I	See footnote ⁽⁷⁾

Explanation of Responses:
( 1)	Represents shares held of record by CCRF-Panache, LLC. These shares may be deemed to be indirectly beneficially owned by Consilium Investment Management, LLC, investment adviser to CCRF-Panache, LLC.
( 2)	Represents shares held of record by Charles T. Cassel III, managing director of Consilium Investment Management, LLC.
( 3)	The warrant vests and becomes exercisable in eight equal installments every six months, beginning on June 21, 2013.
( 4)	The warrant is owned directly by Consilium Investment Management, LLC. Charles T. Cassel III and Jonathan Binder are the managing directors of Consilium Investment Management, LLC and each has voting and dispositive power over the warrant. Each of Mr. Cassel and Mr. Binder disclaim beneficial ownership of the warrant held by Consilium Investment Management, LLC, except to the extent of their pecuniary interest therein.
( 5)	The warrant vests and becomes exercisable in eight equal installments every six months, beginning on August 14, 2013.
( 6)	The warrant vests and becomes exercisable in four equal installments every six months, beginning on December 11, 2014.
( 7)	The warrant is owned directly by Consilium Investment Partners, LLC. Mr. Cassel and Mr. Binder are the managing directors of Consilium Investment Partners, LLC and each has voting and dispositive power over the warrant. Each of Mr. Cassel and Mr. Binder disclaim beneficial ownership of the warrant held by Consilium Investment Partners, LLC, except to the extent of their pecuniary interest therein.

Remarks:
Exhibit - Joint Filer Statement

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Consilium Investment Management, LLC 3101 N. FEDERAL HIGHWAY SUITE 502 FT. LAUDERDALE, FL 33306		X
CCRF-Panache, LLC 3101 N. FEDERAL HIGHWAY, SUITE 502 FT. LAUDERDALE, FL 33306		X
Consilium Investment Partners, LLC 3101 N. FEDERAL HIGHWAY, SUITE 502 FT. LAUDERDALE, FL 33306		X
Cassel Charles T. III 3101 N. FEDERAL HIGHWAY, SUITE 502 FT. LAUDERDALE, FL 33306		X
Binder Jonathan 3101 N. FEDERAL HIGHWAY, SUITE 502 FT. LAUDERDALE, FL 33306		X

Signatures
/s/ Charles T. Cassel III, as managing director		6/20/2014
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.