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Innovation Beverage Group Ltd

0.6990
-0.0010-0.14%
Post-market: 0.6984-0.0006-0.09%17:21 EDT
Volume:69.98K
Turnover:48.30K
Market Cap:5.87M
PE:-2.69
High:0.7099
Open:0.6809
Low:0.6704
Close:0.7000
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Company Profile

Company Name:
Innovation Beverage Group Ltd
Exchange:
NASDAQ
Establishment Date:
2018
Employees:
13
Office Location:
29 Anvil Road,Seven Hills,New South Wales,Australia
Website:
- -
Zip Code:
2147
Fax:
- -
Introduction:
Innovation Beverage Group Limited is a developer, manufacturer, marketer, exporter, and retailer of a growing beverage portfolio. The Company has approximately 60 formulations across 13 alcoholic and non-alcoholic brands. Its focus is on premium and super premium brands. The Company's brands include the Australian Bitters Company (ABC), Drummerboy and BitterTales. BitterTales, manufacturers for distribution in the United States. Drummerboy is a non-alcoholic spirit brand that will be offered through its own direct-to-consumer (DTC) Website. The Company's DTC distribution channel is a network of e-commerce platforms: www.bevmart.com.au, www.bevmart.com, www.wiredforwine.com, and www.drummerboy.com. The Company's subsidiaries are IBG USA LLC and Reg Liquors LLC. IBG USA LLC (IBG USA) is engaged in importing, producing via co-packers, marketing, and wholesaling the Company's portfolio of brands in the United States. Reg Liquors LLC is an e-commerce retailer of wines and spirits.

Directors

Name
Position
Sahil Beri
Chief Operating Officer and Chairman
Daniel Lanskey
Director
Sally Cardillo
Director
Shawn Messner
Director

Shareholders

Name
Position
Dean Huge
Chief Executive Officer
Sahil Beri
Chief Operating Officer and Chairman
Eric Yu
Chief Financial Officer