IBRC - iBRANDS CORPORATION IBRC Company Descripti
Post# of 63700
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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