IBRC ~ well position for a major break trough:
iBrands Corporation own two operating subsidiaries, i Software, Inc. and iMenu24/7, Inc., both targeted to providing consumer online ordering and related technologies for the worldwide restaurant industry.
iSoftware, Inc. own all of the proprietary software for the Company. i Software has been organized to provide the Company economies of scale of Internet technology, programmers, web designers and related technical services. i Software’s goal is to minimize overhead expenses and attains to outsource most of its technical requirements. Our state-of-the-art server farm is located in Atlanta and is maintain by ThinLine IT Services, www.thinlineit.com, with access to unlimited bandwidth.
iMenu24/7 is the brand name for our consumer online ordering targeted to the worldwide restaurant industry. iMenu24/7 also is our marketing company targeting the restaurateur, whether they are a single unit owner or a multi-unit chain. The industry in North America has over 1.1 million restaurants generating $617 Billion in annual revenues comprising of 45.2 billion meals ordered for off-premises (“take out” orders). According to the National Restaurant Association, less than 5% of restaurants in North America currently have online order capabilities. iMenu24/7 has processed over 1.5 million orders for its customers over the past several years.