Italian Food & Beverage Corp. (Stock Symbol: IFBC) – A Refreshing Stock with a Juicy Breakout
IFBC – Feeding your Appetite for Breakout Stocks
Italian Food & Beverage Corp. establishes specific brands which feed customers domestically and abroad while providing the finest experiences based on the Italian wine and food culture.
IFBC recognizes that the world needs to eat. They are an importer, exporter, merchant, distributor and dealer of fine wine and food products.
IFBC has already established wholesale distribution headquarters, offices and warehouses in several countries including Italy, Singapore, and the UK.
IFBC is expanding a specific niche with consistent business. The global contract catering market is expected to grow significantly in the coming years driven by increasing demand for customized food, rising global middle class population and growing use of technology.
Contract catering businesses provides institutions, schools, hospitals and other businesses with meal programs designed to meet specific needs. It mainly operates in the outsourcing structure by a firm or a collective organization of their restaurant services by a specialized company on a contractual base.
IFBC is trading just over a penny with a ridiculously low market cap of under $9.00 Million dollars, which is baffling when you consider that the company generated over $660,000 in revenue in the prior 9 months on their last consolidated financials.
IFBC has Expanded into Florida & Now Operates on 3 Continents
A key constituent of a company’s viability is Growth and Expansion.
IFBC experienced two very bullish achievements in 2016
A profitable restructuring of its food and beverage operations in Europe and Asia, namely, Singapore, in which several existing locations are now into consideration
The grand opening of IFBC’s first food outlet in the US.
IFBC, operating on 3 continents, has an established base of operations in the US market – one of the fastest growing markets.
Just Wine: pioneers in Italian wines e-commerce
Original Italian Food and Beverage: catering the Italian tastes to the far East
Pizzaria: go East, go big
Just Wine Travel: the Italian way, your way
deGustate: la sélection de haute qualité
This is a proven Industry with Tremendous Upside
The Keys to Growth: EXPANSION
IFBC is seeking to expand its street food stands, which are already in place, with www.brandout.it, and with two new companies www.freetto.it and www.biolee.it.
IFBC is currently engaged in negotiations with The Italian Farmers Group in London. This opportunity will allow IFBC the ability to introduce, into a 30-seat space, named Bottega Italiana, the new offerings of “Freetto,” lightly fried, high-quality Italian fare, and “Biolee,” the genuine article of rich, Italian ice cream in The United Kingdom, as well as in new food stands throughout Europe.
IFBC restructured its business in order to optimize its position in the fast-growing food and beverage market. The company is in the process of forming new subsidiaries throughout Europe, Asia and the US for purposes of expanding its reach.
IFBC recently opened a restaurant located inside The University of Singapore located at Nanyang Technological University http://miapizzaepastaexpress.com/. There are over 23,000 students attending.
IFBC’s gross revenue for last year was just shy of the first goal of one million dollars, with an increase of sales from the previous year of 60%.
IFBC has been trading in a very narrow range for quite some time. There is a clear cut overhead resistance at $0.015 which has been tested several times. Could this be the time that it finally breaks out above it? Only time will tell.
In the meantime – put IFBC on your radar right away as this stock is one glass of wine away from a breakout.
DISCLAIMER PLEASE NOTE: This IFBC stock report, blog, and any reposts on the TRADDR network are part of a commercial advertisement and is for general information purposes only. All content is for informational purposes only and should not be construed as an offer or solicitation of an offer to buy or sell securities. Neither the information presented nor any statement or expression of opinion, or any other matter herein, directly or indirectly constitutes a solicitation of the purchase or sale of any securities. Readers should always consult with a licensed securities professional before making any type of investment decision. Please be aware that TRADDR Affiliates was compensated Two Thousand Five Hundred Dollars from ITALIAN FOOD & BEVERAGE CORP to assist in the creation and dissemination of IFBC media and social network advertisements and/or corporate updates.