This isn't a huge secret...everyone eats and this makes for a HUGE industry. But what our newest feature Italian Food & Beverage Corp. (IFBC) has focused on is a niche space with a very authentic and "Old world" appeal. And what the company has been able to accomplish in just a year has the financials screaming with growth numbers.
And we aren't taking penny stocks or trading lightly! CLICK HERE and get the full picture of why attention to detail is the most important when talking turkey on trading!
IFBC establishes and develops brands committed to fulfill customer needs throughout the world while providing the finest experiences based on the Italian wine and food culture. IFBC operates as an importer, exporter, merchant, distributor and dealer of fine wine and food products. The Company and its subsidiaries have established wholesale distribution headquarters, offices and warehouses in several countries including Italy, Singapore, Austria, Hungary and the UK.
As for the near future,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. Through Campagna Amica, the company is currently engaged in negotiations with The Italian Farmers Group in London.
According to the company, this opportunity will allowIFBC 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 By The Numbers
These developments have been to the tune of strong corporate growth too! IFBC's revenues for the Three Months Ended, March 31, 2016, amounted to $336,121, which represents almost 40% of the $864,616 of revenues amassed during the entire year of 2015. The Gross Income for the Three Months Ended, March 31, 2016, totaled $249,786, for a Percentage Gross Profit of 74.3%. This is in comparison to $563,937 of Gross Income for the entire year of 2015, for which the Percentage Gross Profit amounted to 65.1%.
The 1st Quarter of 2016 showed a Net Income of $22,790 compared to a ($455,165) Net Loss for the entire year of 2015. IFBC is improving both its profitability and its percentage gross profits via an emphasis on higher margin food products, the sales of which are eclipsing those of the wine segment of the business...and with new initiative on the horizon after realizing such strong growth numbers, NOW could be the time to start paying attention!
IFBC's 2016 First Quarter Results Overview
"Over the past 18 months, operations have been streamlined and improved, new strategies calling for the emphasis on the sale of street food have been implemented, and specific financial goals and objectives have been firmly established."
-Andrea Di Gregorio, Vice President of IFBC
Click Here For Full IFBC Brand Portfolio
TEXT BOOK DESCENDING WEDGE CHART? From the beginning of April it managed to run to nearly $0.02 and made a nice move for those who were paying attention to the timing of that move. Now it looks like the chart has seen a bit of consolidation but a closer look shows that the higher lows have formed a wedge pattern on the chart and the consolidated highs are further suggesting the potential reversal off of a descending wedge. This could indicate that IFBC may be on the verge of a big move!
These kinds of BULLISH REVERSALS can be explosive especially when aggressive volume is at hand! Just look back over the last few months and you'll already see that IFBC has managed to run strong on days of bullish action!
So what does all this tell us? The name of the game: “Preparation is Key”…. A number of times just as we’ve witnessed from these kinds of potential "reversal alerts" is that they can be extremely active right from the opening bell with some of the LARGEST PERCENTAGE GAINS! A run back to or even higher than those previous $0.02 highs could make for some SERIOUS UPSIDE POTENTIAL heading into this week!
IMPORTANT KEY: outside of the chart pattern and unlike our last alert, IFBC is NOT trading in the $0.30+ range, the $0.10+ range, or anywhere near the $0.05 level for that matter. IFBC is sitting nearly at $0.01 as of Friday's close! That means that even if IFBC ONLY manages to climb by a single PENNY, we're looking at an alert that could have 100%+ potential written all over it. When was the last time you saw that kind of upside from just a single penny?
THIS is why we look to alerts at these levels and why we continue to emphasize the huge appeal that penny stocks have in the market today!
IFBC is coming HOT off of a record quarter and the chart has some EXTRA SPICY bullish indicators. In our opinion if these indicators for growth and technical trend are any view at the REAL POTENTIAL here, then IFBC could become the target for this week's first breakout candidate!
This having been said, we’ve got IFBC pulled up for Monday (7/18). We’ve been on the hunt for our next BIG MOVER and IFBC could be have that potential heading into this week. So if you choose, pull up IFBC right now and be ready to trade Monday morning July 18th at the opening bell!
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