SOURCE: iBrands Corporation Inc.

iBrands Corporation Inc.

August 12, 2016 06:00 ET

iBrands Corporation Inc.'s (IBRC) Subsidiary, Avita Beverage Company Inc., Secures Funding for Their Relaunch and Expansion

IRVINE, CA--(Marketwired - Aug 12, 2016) - iBrands Corporation Inc.'s (OTC PINK: IBRC) subsidiary, Avita Beverage Company Inc., a leading provider of a Natural Premium Artesian Alkaline Water, is pleased to announce that its CEO, Clinton L. Stokes, III, has garnered attention from close business associates, high net worth individuals, who, based on the growth potential of Avita, have offered to provide as-needed funding for the relaunch and expansion of the Avita brand. Mr. Stokes has also personally provided the initial investment dollars to jump-start Avita's relaunch.

Clinton L. Stokes III states, "This is a great accomplishment for Avita, as it will help us continue our very aggressive marketing and distribution plans. Our team has been working hard resigning contracts as well as gaining new accounts. iBrands has an enormous amount of contacts within the C-Store community, so that's been keeping us very busy. It's been exciting to be able to leverage these contacts and introduce a new product like Avita. The feedback has been very positive, as there is not a natural, premium water product on the market quite like ours."

Mr. Stokes goes on to say, "We are currently working to finalize a distribution contract with a major Indian Tribe Distributor. They distribute to all Indian Reservation Grocery Stores in the U.S. as well as Indian Casinos and Indian Hotels. They also distribute to all Military Stores on bases throughout the United States, which will give us a major footprint in all 50 states."

Avita also has ongoing philanthropy projects, which include:

First Responder Program & Help To Those In Need.

Avita will mobilize and deliver bottled water to domestic areas where crisis has struck and water is urgently needed. Many cities throughout the country have similar issues like the one that affected Flint, Michigan, with the potential for lead exposure in their water supply. Fresh drinking water is needed until those issues can be resolved.

In addition, Avita has the utmost respect for those that have served our country and will continue to sponsor veteran's charities and donate water directly to those veterans in need.

Wells for Wellness.

In low- and middle-income countries, 38% of healthcare facilities lack any water source, 19% do not have improved sanitation and 35% lack water and soap for handwashing. Avita knows that something must be done about this and it must be a permanent, sustainable solution to alleviate the lack of pure drinking water sources throughout so much of the underdeveloped world. That is why Avita will be working in concert with a major philanthropic organization, conscientious celebrities and professional athletes to install numerous wells throughout the world in areas where there is no potable, safe water supply, providing a clean water source for millions of people throughout the world. 

Avita Celebrity Endorsements

The Avita Management Team is working to bring on board key celebrities to serve as Brand Ambassadors. Discussions are evolving with Top Professional Athletes as well as Celebrity Musical Icons who will endorse and promote the brand through a multitude of social media channels, including Facebook, Twitter and Instagram. These key endorsements will put Avita on the radar of millions of their followers, driving brand recognition and product demand. Stay tuned for big announcements coming soon.

ABOUT AVITA:

Avita is sourced from our protected and preserved aquifer located in Michigan's Au Sable Forest. We produce a healthy, eco-socially responsible product that meets the requirements for certification for any state in which the product is to be distributed. Additionally, our Natural Premium Artesian Alkaline Water is a 3-time winner of the prestigious award for taste from Berkeley Springs International Water Tasting Competitions.

About iBrands Corporation Inc.:

iBrands Corporation Inc. ("IBRC"), is a publicly traded holding company that acquires and operates niche market brands having unique market positioning with substantial upside. Our strategy is executed through the acquisition of proprietary brands having unique market niches with substantial upside growth and providing strong management. For further information, please contact the Company at: www.iBrandscorporation.com

Safe Harbor Statement:

This press release may contain forward looking statements and or observations which are based on current expectations, forecasts, and assumptions that involve risks as well as uncertainties that could cause actual outcomes and results to differ materially from those anticipated or expected, including statements related to the amount and timing of expected revenues as well as any payment of dividends on our stock, statements related to our financial performance, expected income, distributions, and future growth for upcoming quarterly and annual periods. These risks and uncertainties include but not limited to information as contained within the Company's most current quarterly reports, annual reports, and or other such filings as may be accessed through the OTCBB website. Furthermore, the Company disclaims any intention or obligation to update or revise any such forward looking statements, whether as a result of new information, future events, or otherwise. We have incurred and will continue to incur significant expenses in our expansion of our existing as well as new product lines noting there is no assurance that we will generate enough revenues to offset those costs. Additional product offerings may expose us to additional legal and regulatory costs and unknown exposure(s) based upon the variables as associated with the general business channel we are operating in, the impact of which cannot be predicted at this time including risks as associated with our product and recent FDA pronouncements. Additionally, our 1-A registration statement will generate additional free trading shares to the marketplace at a pre-determined price which may impact our share pricing within the OTC marketplace in a manner that we cannot predict.

Contact Information

  • Investor Contact:
    iBrands Corporation Inc.
    (949) 440-3232