IFBC Update http://money.cnn.com/news/newsfeeds/a
Post# of 446
http://money.cnn.com/news/newsfeeds/articles/...208560.htm
[24.07.2015 23:16:17] CAP: PLAINVIEW, NY--(Marketwired - Jul 24, 2015) - Italian Food & Beverage Corp. (OTC PINK: IFBC) (IFBC) is in the process of filing its consolidated financial results for the period of January 2014 through June 30, 2015, on or before August 15, 2015. We have satisfactorily completed the reverse merger with Blast Applications, Inc. (BLAP), achieved both our financial and operational goals, integrated our management and financial teams, and are on target to meet future expectations in all respects.
In addition to its existing distribution centers in Italy, Austria, Hungary and Singapore, IFBC is proud to announce that it has expanded its wine distribution centers to include the United Kingdom. Moreover, IFBC has expanded its core of business to include the sale of food by way of the circulation of food trucks known as "Ape." We are greatly encouraged by this venture, for the first "Ape" was recently introduced to much acclaim. Please see http://www.expo2015.org/it. At present, we are in negotiations with Campagna Amica to provide up to 3000 "Ape" trucks in each of their locations.
IFBC has entered into an agreement with www.italianhalalfood.net, owned by Videl Web Store S.r.l.s. This company is a renowned purveyor ofHalal food, which is certified Halal byThe HIA -- HalalInternational Authority. Consequently, IFBC will be the first Italian website that specializes in the online sale of Italian Halal certified food products.
Dino Luzzi, CEO, stated that he is extremely pleased by both the operational and financial progress brought about by the merger. He went on to say that the corporate cultures of the two merging entities have dove-tailed in a manner better than expected. "We foresee our future progress reflecting the synergies of our management teams."