IBRANDS CORPORATION INC CEO HAS STATED TO MULTIPLE SHAREHOLDERS THERE WILL BE NO REVERSE SPLIT
THEY ARE DISCUSSING EITHER A BUYBACK OR RETIREMENT OF A PORTION OF THE OS AND AN AS REDUCTION NEW CEO Michael Ogburn
About iBrands Corporation, Inc.:
Headquartered in Irvine, California, iBrands Corporation, Inc. engages in the manufacturing and distribution of Ultra-Premium Vapor and Beverage products. The company offers a wide variety of Vapor Products, E-Liquids and Natural Beverages that are made in the USA.
IRVINE, CA / ACCESSWIRE / March 29, 2016 / iBrands Corporation Inc. (IBRC) today announced that it has completed the acquisition of Green Tree Syndicate Inc. ("Green Tree"), a leading provider of E-Juice and vapor devices to the C Store industry. The acquisition complements iBrands' leading-edge product portfolio and enables a new channel for distribution in the high-volume C Store industry.
"Green Tree is now part of iBrands, and together we will make their next generation of vaping products not only better, but able to distribute them to a much broader market," said Michael Ogburn, iBrands CEO. Bashar Ballos, former CEO of Green Tree, will come on board as the National Sales Director. He has over 20 years in the C Store distribution market and has many relationships that iBrands weren't able to get before.
Ogburn went on to state, "This acquisition is the first of three companies we have under contract to purchase right now. Many look at the E-Cigarette market as a "has been" and that it's tired now. To an extent, this is true. Many e cigarettes that are in C Stores now are the same disposable devises that were in there five years ago. But because the E Cig industry is growing at 30% annually, we see this as a goldmine. Introducing our state of the art devices and E Juice will allow our distribution model be a "first to market" event. Consider that the average "Vaper" consumes $15-$30 per day in E Juice, swapping out the old disposable devices with new devices that require the separate juice, allows the user to enjoy a broader range, and a more enjoyable experience. Having it available in a C Store will also make the purchase much easier."
iBrands expects the acquisition to pay for itself in the first quarter of operation, and bring over $6 million in new revenue by the end of 2016.
Investor Contact: (949) 440-3232
2 Additional Aquisitions Under Contract
6 Million In Annual Revenue Expected from the First Aquisition Alone
Profitable In the First Year
Filings Expected Within Days
Full Audited Financials in the Works
Green Tree Syndicate, Inc. in 12620 Sabre Springs Parkway , San Diego, CA, 92128. The AGENT 009 is a product related to electronic cigarettes, electronic hookahs and electronic cigarette refill cartridges sold empty; electronic hookah accessories, namely, substitutes for hookah tobacco not for medical purposes. The AGENT 009 product is now rendering their services in U.S. commerce. The AGENT 009 is in the category of Smoker's Products .
We decided to see what expert medical doctors and product users had to say about electronic cigarettes, and the results were surprising. In fact, Joel Niztkin, Chair of the Tobacco Control Task Force for the American Association of Public Health Physicians concluded that “…if we get all tobacco smokers to switch from regular cigarettes to electronic cigarettes, we would eventually reduce the US death toll from more than 400,000 a year to less than 4,000, maybe as low as 400.” (1)
It has even been suggested that while utilizing electronic cigarettes, there is virtually no risk of getting cancer. These conclusions come from studies which show that nicotine may only be as harmful to your health as caffeine. The real harm in traditional cigarettes comes from the tobacco smoke and the hundreds of additional added chemicals.
Four very well known doctors, from the popular TV show “The Doctors”, have also studied the electronic cigarette and was featured as one of their top 10 key health trends.
“If you’re one of the millions of people out there, you’re addicted to smoking, there may finally be some hope for you..the electronic cigarette. It gives you nicotine but it doesnt give you any of the other 4000 chemicals that can cause cancer among other problems.”" - Dr. Travis Stork from “The Doctors” (3)
We also learned that the electronic cigarette is not encompassed by most smoking bans and regulations. With the lack of second-hand smoke, smokers are excited to find that many businesses, bars, and even air planes allow them to smoke e-cigarettes indoors. Many electronic cigarette users have also received special permission from their employers to smoke e-cigarettes in the work place.
In the United States alone, over 700,000 smokers have already switched to electronic cigarettes. The Doctors also interviewed Beverly, one of the many whose life has dramatically changed thanks to the electronic cigarette. She said that she smoked for over 15 years, and she thought that she would never quit. To her surprise though, when she tried electronic cigarettes she was able to quit smoking regular cigarettes two days later. “I was suspicious at first…but I have to say I am convinced, it’s very good. Its a great alternative. it still gives you the action of smoking. I would as a smoker, recommend it to smokers that are trying to give up (smoking).” – Beverly (4)
Green Tree's Agent 009 Product Recieves an average rating of 4.6 out of 5 Stars on Major Vendor Sites!!!!