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Wednesday, 06/07/2023 9:03:42 AM

Wednesday, June 07, 2023 9:03:42 AM

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https://www.otcmarkets.com/stock/IBGR/news?id=403548
OTC DISCLOSURE & NEWS SERVICE
DRYWORLD 5X’s Q2 Revenues with Malibu Triathlon Order
Press Release | 06/07/2023
DRYWORLD Brands Inc. (OTC:IBGR) is pleased to announce it has achieved a growth in revenue over Q2 2023 with over $50,000 in revenue recorded to date for the Quarter, surpassing 2022s annual revenue.



With the Arena Games Triathlon London event processing 90 orders to realize over $5,000 in sales and the Malibu Triathlon having just placed an order for over $35,000, the Company is starting to realize a return on the investment in Super League Triathlon. With Super League Triathlons recent acquisition of the iconic Chicago and New York Triathlons earlier this year (), the outlook for revenue growth and return on investment in the Triathlon category is starting to take shape. The remaining $10k+ revenue comes from the D Online Shop, Triton World Series and D Teamwear sales



With DRYWORLDs recent announcement of the intent to acquire Brio Holding Group Inc, which provides contracted LATAM retail distribution throughout Colombia, Peru, Ecuador, Costa Rica, and Panama will provide the DRYWORLD and Ronaldinho Collections access to retail locations as well as online distribution through some of the most powerful online platforms in Central and South America. With Ronaldinhos immense popularity in this market, the groups believe the sales potential is significant.



Co-CEO Brian McKenzie The groundwork we have laid over the last 18 months since we re-launched our eCommerce platform and signed our initial brand partnerships are now starting to turn revenues in the right direction. It has been a monumental task with many obstacles that we have had to overcome. We sincerely appreciate the patience from all shareholders who have invested and believe in us. Now is the time to realize all the hard work and continue to increase company value with strong fundamentals.



Additional revenue results will be communicated when available.



Sign up for DRYWORLDs latest announcements: https://www.dryworldshop.com/pages/contact



DRYWORLD Shop| DRYWORLD Instagram | DRYWORLD Facebook | DRYWORLD Twitter



Contact: info@thedryworld.com


ABOUT DRYWORLD

DRYWORLD is a premium performance sports brand offering innovative, superior quality apparel and gear for the athlete in all of us. We build purpose-driven products that give all athletes the edge. Engineered by athletes, proven by science. Visit www.dryworldshop.com




Safe Harbor for Forward Looking Statements

This press release contains forward-looking statements and is subject to risks and uncertainties. All statements other than statements of historical fact or relating to present facts or current conditions included in this press release are forward-looking statements. Forward-looking statements give our current reasonable expectations and projections relating to our financial condition, results of operations, plans, objectives, future performance and business. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate," "estimate," "expect," "project," "plan," "intend," "believe," "may," "should," "can have," "likely" and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events.



The forward-looking statements contained in this press release are based on reasonable assumptions we have made in light of our industry experience, perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you read and consider this press release you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond our control) and assumptions. Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance anticipated in the forward-looking statements. Should one or more of these risks or uncertainties materialize, or should any of these assumptions prove incorrect or change, our actual operating and financial performance may vary in material respects from the performance projected in these forward-looking statements.



Any forward-looking statement made by us in this press release speaks only as of the date of this press release. Factors or events that could cause our actual operating and financial performance to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise.
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