Italian Food and Beverage Corporation (OTC: $IFBC) is the owner and direct importer of Dino Luzzi Energy Drink, a premium, FDA-approved beverage crafted in Italy and imported to the U.S. In 2022, it made a strategic move to expand its presence in Italy by acquiring 51% of Can International to increase our revenue and further establish its brand in Spain and Switzerland. Key Investment Factors
Growing – Dino Luzzi grew revenues from $38,137 in 2021 to $128,430 in 2022. That’s a 238% increase YoY. This shows the product is in demand, and that demand is growing.
Taste – Dino Luzzi beats out the big guys in blind taste tests. That’s no small feat. While brand recognition remains strong
Expansion Plans – IFBC has developed a significant prime retail space in Western Beef, a New-York based grocer. With 22 warehouse style stores and locations across the Northeastern US (and a few Florida outlets), Dino Luzzi has plenty of shelves to grow into. Additionally, the company has recently partnered with Key Food Fresh and Iavarone Bros. Made in Italy, IFBC’s Energy Drink sets itself apart from the competition by being light, crisp, smooth and refreshing. Most of all, No Metallic After-taste. https://microcaps.com/a-ground-floor-opportunity-in-a-growing-energy-drink-company/
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