Atlanta, GA / November 7, 2013 / ACCESSWIRE / iBrands Corporation (IBRC), http://www.ibrandscorporation.com/, a holding company targeting the merger and acquisition of niche Internet-based brands positioned for rapid growth through proven products, today released an update to its shareholders.
IBRC has recently completed a re-organization as preparation to initiate an acquisition program. IBRC has elevated its status to "Current Information" on Pink Sheets and intends to maintain this status with a goal to elevate to a reporting status.
IBRC's immediate focus will be acquiring a new brand for the Company. Management believes an acquisition with an existing revenue base having a unique market positioning with substantial upside will accelerate the Company's plans to move to a reporting status. A potential acquisition has been identified.
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.
SAFE HARBOR STATEMENT: Except for historical information contained herein, the statements in this release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause a company's actual results in the future to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition and risk inherent in the operations of a company.
Paul Smith, 1-866-595-1081
Source: iBrands Corporation