Pink sheets stock iBrands Corp. (OTC: IBRC.PK) is up 100% at $0.0006 so far today and leading all OTC stocks in share volume currently with 213,384,029 traded. IBRC announced yesterday conditional funding of $10 million to complete its revolutionary iMenu24/7 software and acquisitions. The funding IBRC announced is conditional on completion of a due diligence procedure.
IBRC is planning that its iMenu24/7, an online ordering platform for restaurants, to test its software platform with over 1.5 million orders. Completion of the iMenu24/7 software and a successful test would allow for a national and international roll-out of the penny stock’s product.
Subscribe today and get our next stock alert delivered to your inbox FREE.
IBRC has a 52-Week High (4/4/2011) of $0.0027. Currently the market capitalization for IBRC is $520.35K. There are 867.25 million shares outstanding on the hot penny stock and a 396.49 million share float.
IBRC is banking on launching its online ordering system into a U.S. market which consists of over 1 million restaurant locations. Roughly$617 Billion annually is recorded in sales of over 78 Billion meal occasions each year.