New CEO Now? Dual CEO's? The History of iBrands for your perusal:
iBrands DD Notes
The company was organized in the state of Nevada on September 7, 1994. On January 22, 1998, a merger was effected between Kenneth C. Garcia, Inc. and the company.
On March 2, 2000, the company exchanged shares with MAS Acquisition XIV Corp. ("MAS"), a reporting company under the Securities Exchange Act of 1934. As a result, the company became the parent company to MAS, its wholly-owned subsidiary.
On July 6, 2000, Sterile-Pro, Inc. was merged into the company.
On February 16, 2004, the company, for financial accounting purposes, was acquired by Ragin' Ribs, Inc. in a transaction treated as a recapitalization of RRI. On December 6, 2005, the company voluntarily filed a Form 15 thereby delisting the company from Nasdaq OTCBB.
On June 1, 2006, the company sold Ragin’ Ribs to a third party and acquired Virtuoso Medspa, Inc. Subsequently, the company changed its name on August 1, 2006 to Medspas of America, Inc.
On March 16, 2009, the Company changed its name to i Brands Corporation reflecting its acquisition of E-Strategic Solutions and Richard Software Services, Inc., companies that own and operate a proprietary Internet software platform providing online ordering for the restaurant industry.
https://backend.otcmarkets.com/otcapi/company/financial-report/21017/content
On March 16, 2009, the Company changed its name to iBrands Corporation reflecting its acquisition of iMenu24/7 and I Software, Inc. that own and operate a proprietary Internet software platform providing online ordering for the restaurant industry.
On August 1, 2013, the company redomiciled to Wyoming with corresponding amendments to its Articles of Incorporation
On March 24, 2014, the company acquired Hatchbrands Ventures, Inc. as a wholly-owned subsidiary.
CEO History
Aaron Tsai 29 Chairman of the Board, President, Chief
Executive Officer, and Treasurer (1999 – 1/31/2000) (Perhaps Sold Company)
March 2000 to PDC Inc. (David Sowers CEO)
(July 6, 2000 merge with sterile pro)
Michael Hiler - 11/2002 CEO
James E. Cheatham 2004 2008 terminated, board member,
CEO Paul Smith 12/28/2008, 2009, 2011, 2012, 2014
James P. Lay has been named the new CEO of iBrands Corporation Inc. (OTC: IBRC), which is now Dreamlife Technology. James will retain the role of CFO. (May 17, 2017) (April 10 2017 replaces Ogburn)
Michael Ogburn – CEO iBrands June 29, 2016-2017 & Lightwave Capital – 2007-present (Linkedin)
Patrick Johnson
Hugh Kelso
Other Names to Cross Reference
2018: Credit Cards Under iBrands
21000.1 · American Express - Gary Fewell
21000.2 · American Express - P Johnson
21000.3 · American Express - Tabitha Hobb
21000.4 · American Express Joey Gillaspy
21000.5 · American Express - Gary Hudson
FROM SEC FILING
Name and Address of Number of Shares Percentage of Outstanding
Beneficial Owner (1) Beneficially Owned (2) Shares of Common Stock (3)
-------------------- ---------------------- --------------------------
James Cheatham (4) 32,618,218(5) 65%
c/o Company
501 South Dakota Avenue
Suite 1
Tampa, Florida 33606
Paul Smith (6) 12,618,218 25%
c/o Company
501 South Dakota Avenue
Suite 1
Tampa, Florida 33606
Jay Ostrow (7) -0- 0%
c/o Company
501 South Dakota Avenue
Suite 1
Tampa, Florida 33606
All officers and directors 45,236,436 90%
as a group(3) persons
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5) Includes 5,000,000 shares owned by the James E. Cheatham Trust, a trust of which Mr. Cheatham is the settler, trustee and sole beneficiary. Does not include 100,000 shares owned by Joanne Cheatham, Mr. Cheatham's wife as Mr. Cheatham does not have voting power of such shares and disclaims beneficial ownership.
(6) Mr. Smith is our President, Secretary, Treasurer and a Director. Mr. Smith filed bankruptcy under Chapter 7 of the U.S. Bankruptcy Court on January 3, 2003 in the U.S. Bankruptcy Court, Northern District of Georgia. An Order of Discharge was issued on April 13, 2003.
(7) Mr. Ostrow is our Chief Financial Officer.
The Company will continue the operations of RRI, a private food service franchising company based in Tampa, Florida, and has relocated its executive offices to RRI's facilities located in Tampa, Florida. The Company is presently considering continuing its efforts to gain U.S. Food & Drug Administration approval for its Hypo-Pro 2000 health field related product, and considering its efforts to commercialize such product; no assurances are given, however, that the Company will in fact continue such efforts for regulatory approval or commercialization of the Hypo-Pro 2000.
While the Company is the legal surviving entity, for accounting p
2000 MANAGEMENT
The following table sets forth the names and ages of the current directors and executive officers of the Company, the principal offices and positions with the Company held by each person and the date such person became a director or executive officer of the Company. The directors and executive officers of the Company as of the date of this report areas follows:
Name Age Position(s)
David Sowers 58 CEO & Director
Sandra Sowers 58 President, Secretary, Treasurer, & Director
Vernon Leroy Sowers 34 Vice-President
Harold Harris 68 Director
Deceased
FERN MARLENE KENNEDY
CORAL SPRINGS, FL 33065