iBrands Corp. (IBRC)

[Hazerk]

By reader3..copy and paste

Re: Q7 Post# 17353
my IBRC due dilligence

Per the most recent PR:
http://www.marketwired.com/press-release/ibrands-signs-exclusive-supply-contract-for-their-purest-cbd-product-line-otc-pink-ibrc-2194135.htm

Immediate order for $13K / Kilo, for 1000 Kilos, = $13 Million
Monthly orders of 200 - 250 Kilos, for $2.6 Million to 3.2 Million per month

Annual revenue from this single deal:
13 + (31.2 - 39 Mill) = 44.2 - 52 Million.

Massive distribution via Indian tribes through 3000 stores outside of the control of US Federal government. And this may just be the start!

Also, about the Outstanding shares. Per the most recent quarterly, for 3Q 2016:

15.4 Billion, which is massive, but
Only 2.84 Billion in float; due to tight holding, effective float is lower
10 Billion are held by Lightwave Capital LLC, which is controlled by our CEO, Michael Ogburn. That’s about 66 percent of the OS

The remainder of the restricted would presumably have been issued as part of the purchase of GreenTree vape.

Last Year, shortly after purchase, we had a ‘few’ retail stores selling our Vape liquids, and making 1.2 - 1.4 Million per store per year. We currently have 28 retail stores (Check the company website). Assuming the same per-store revenue, that may be 33 Million in annual revenue, or more. And it’s only going to grow as they plan to franchise!

Take a listen:
https://audioboom.com/posts/4578540-uptick-network-interview-with-ceo-michael-ogburn-with-ibrands-corp?utm_campaign=detailpage&utm_content=retweet&utm_medium=social&utm_source=twitter

And check out the website:
https://www.ibrandscorporation.com/vape--e-juice.html

We also still hold 5,000,000 Shares of CBLY, which is currently worth 0.34, or a little over $1.5 Million. (At closing, the stock price was $0.1. They’ve since made another acquisition, and stock price is up.)

See:
http://www.otcmarkets.com/stock/IBRC/news/China-Bilingual-Technology--amp--Education-Group-Inc--Is-Pleased-to-Announce-That-They-Have-Finalized-the-Acquisition-of-iBrands-Corporation-Inc--s-Stake-in-Avita-Beverage-Company-Inc-?id=141498&b=y

So, very roughly… this company has:

One massive deal with Free Spirit Organics LLC for 44 - 52 Million in one year
33 Million PLUS in vape store sales
And 1.5 Million of another company’s stock, or:
78.5 - 86.5 Million this coming year.

This is already one of the most profitable MJ stocks on the planet.

And there may still be convenience store revenues coming in 2017, per that uptick network interview, with distribution from our retail stores, though we don’t have numbers for that yet, since it hasn’t been finalized or PRd.

Even with the current 15.4 Billion OS, this is worth .005 - 6 EASY, without any multiples. With a modest 10X multiple for growth and sector, we’re looking at .05.

And bear in mind that 12 Billion are restricted. Hopefully we’ll hear from the company about a share retirement or buyback soon, and the stock price will really explode!

At that point, 0.10 + becomes very doable!

Oh, by the way: most of the float appears to have been generated as part of a 3(a)10 lawsuit and share sell in 2014 of 2 Billion shares. The current CEO took control in early 2016. He personally has a 10 Bill share control block, and has reported the same structure on BOTH of the last two quarterlies. Now that revenue is coming in, it’s highly unlikely we’ll see dilution. It’s a lot tighter than it looks, folks!



Replies:
Good for reader3! Its unbelievable we are in
STKS4LYFE on 2/15/2017 10:57:42 PM
Very good post. Stickied!
AvantGarde on 2/16/2017 8:34:07 AM
GREAT POST READER3. #'S LOOK GREAT.
FRAKSTER on 2/16/2017 9:07:10 AM
...wow fantstic DD reader3!: i just shake my
Q7 on 2/16/2017 9:10:04 AM
Many thanks for this awesome DD work brother!!!
Hazerk on 2/16/2017 9:35:42 AM
gave you member mark as well # 45
mymonies on 2/16/2017 9:51:59 AM



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