IBRC Company Description
About iBrands Corporation
iBRANDS CORPORATION ~ IBRC, http://www.ibrandscorporation.com/ is a publicly traded holding company that acquires and operates niche market brands having unique market positioning with substantial upside. Our strategy is executed through the acquisition of proprietary brands having unique market niches with substantial upside growth and providing strong management. A common thread throughout our acquisitions is the application of Internet technology to enhance revenues and optimize margins.
IBRC Products and Services
Currently, the Company has operating divisions, those being; (1) iSoftware, Inc. and (2) iMenu24/7, Inc. iMenu24/7 is a marketing and services provider of consumer online ordering and related technologies for the worldwide restaurant industry. iMenu24/7's primary target is the restaurateur, whether they are a single unit owner or a multi-unit chain.
The industry in North America has over 1.1 million restaurants generating $600 Billion in annual revenues comprising of 40.6 billion meals ordered for off-premises ("take out" orders). According to the National Restaurant Association, less than 5% of restaurants in North America currently have online order capabilities. iSoftware, Inc. owns all of the proprietary software for online ordering. iSoftware has been organized to provide the Company economies of scale of Internet technology, programmers, web designers and related technical services as the Company grows through brand acquisition and development.
IBRC Key Company Management
Mr. Paul R. Smith, HBA, has been the Chief Executive Officer of iBrands Corp. (formerly Medspas of America, Inc., PDC Innovative Industries Inc. and Ragin' Ribs, Inc.) since July 2006 and also serves as its President. Mr. Smith is responsible for developing the Virtuoso Medical Spa concept across the United States at iBrands Corp. Mr. Smith serves as the President and Chief Executive Officer of Foodvision.com Inc. Since 1988, he has been Owner/President of PRS Hospitality, Inc. He served as the Chief Executive Officer of PDC Innovative Industries Inc., Prior to its acqusition by Ragin' Ribs, Inc. since December 28, 2004 and also served as its President since February 2004. Mr. Smith served as the Chief Executive Officer of an OTCBB hospitality company; and President of a boutique hospitality consulting company with clients worldwide. During this period, he developed and implemented a strategic plan for Grandma Lee's International, a 100-unit Bakery/Restaurant chain from Canada, to finance and franchise their 20-year-old concept into the US market. PRS Hospitality, Inc., also provided development and marketing services to international clients in Japan, Taiwan, South Korea, Singapore, Thailand, Malaysia, Australia, New Zealand, Great Britain, Germany, France, Canada and the United States. From 1980 to 1987, he served as President and Chief Operating Officer of York Hannover Amusements, Ltd. During his service at York Hannover, Mr. Smith supervised: 1) a 1,200 room resort property; 2) 100 restaurants including casual dining, fast food and fine dining establishments; 3) entertainment facilities including large amphitheater productions to intimate dinner theater; 4) the Toronto Blizzard Soccer Club, a professional team in the North American Soccer League; 4) theme parks in Vancouver and Niagara Falls; and 5) boat and bus tour companies and a travel agency. Mr. Smith has over 30 years experience as a senior executive managing private and public corporations in franchise management in restaurants, soft drink manufacturing and hotels. He serves as the Chairman of Foodvision.com Inc. He also acted as Co-Chairman of York Hannover Hotels, Ltd. He serves as Director of Foodvision.com Inc. He serves as a Director of iBrands Corp. Mr. Smith holds an honors business degree from the Richard Ivey School of Business Administration, a Harvard affiliate and Canada's most prestigious business school.
IBRC Contact Info
iBRANDS CORPORATION ~ IBRC
2406 Macy Drive
Roswell, GA 30076
Website: http://www.ibrandscorporation.com
Phone: 866-595-1081
Email: info@ibrands.com
IBRC SEC Filings
http://www.otcmarkets.com/stock/IBRC/filings
IBRC Headlines
http://finance.yahoo.com/q/h?s=IBRC+Headlines
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$IBRC news -- iBrands Announces New Acquisition 11/13/13 http://finance.yahoo.com/news/ibrands-corporation-announces-acquisition-133000444.html?soc_src=mediacontentstory
ReplyDelete$IBRC - iBrands Corporation Signs Agreement to Acquire Hatchbrands Ventures
ReplyDelete2014-03-10 08:01 ET - News Release ATLANTA, GA(eTeligis.com) iBrands Corporation (OTC Pink: IBRC), www.ibrandscorporation.com, a holding company targeting the merger and acquisition of niche Internet-based brands positioned for rapid growth through proven products, today announces the signing of Agreement to acquire Hatchbrands Ventures.
The company plans to use Hatchbrands and its unique startup, financial and venture capital expertise to acquire and invest in leading high quality startup companies developed in accelerators and incubators found in university/college environments.
"We believe a public vehicle such as Hatchbrands will change the way investments are made in accelerator-backed startups, and will give an alternative way for individuals and investors that today are not able to participate in accelerator-backed startups due to the accredited investor status, an alternative way to invest. Hatchbrands is forming strategic alliances with leading corporations, corporate venture arms, technology accelerators and startups," states Marco Janeczek, Venture Partner of Hatchbrands Ventures.
About Hatchbrands Ventures Hatchbrands Ventures, www.hatchbrands.com, is a fund that specializes in making startup technology pre-IPO investments in high quality startup companies developed in accelerators and incubators found in university/college environments. Hatchbrands unique opportunity is to provide investors the ability to participate along with leading venture capital firms and corporate venture arms in startups investments. Hatchbrands focuses on several themes including: (i) SaaS / Cloud Infrastructure; (ii) Online Finance; (iii) Data Pipeline and Data Science; (iv) New Advertising Battlegrounds; and (v) Reinvention of (Online/Offline) Retail.
Hatchbrands is located in Ottawa Canada adjacent to Kanata which is Canada's Silicon Valley.The acquisition of Hatchbrands will establish the company's business model similar to that of GSV Capital, one of the world's preeminent voices on growth investing.
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