IBRC Comprehensive Due Diligence & Valuation Summary
1. Corporate Identity & Control
- Entity: iBrands Corporation (IBRC)
- Jurisdiction: Wyoming (Domesticated 2013, originally Nevada 1994)
- Control Status: Absolute Control held by NVC Fund Holding Trust.
- CEO/Chairman: Frank Ekejija (Appointed June 4, 2021).
2. Capital Structure & Share Classes
As of the latest certified records, the capital structure is optimized for institutional holding:
| Class | Total Shares | NVC Holding | % Ownership | Purpose |
|---|---|---|---|---|
| Preferred C | 1,000,000,000 | 1,000,000,000 | 100% | Voting Control & Asset Backing |
| Preferred F | 987,791,752 | 912,094,926 | 92.3% | Equity & Dividend Participation |
| Super Voting | 5,000,000 | 5,000,000 | 100% | Governance Override Power |
| Common | ~20.2 Billion | Various | Public Float | Public Trading Liquidity |
3. Asset Backing & Valuation (The "Billions" Foundation)
IBRC is not a typical "penny stock" shell; it is a multi-billion dollar asset holding vehicle.
- Trust Unit Injection (2018):
- Transaction A: 81,831.39 NVC Trust Units (CUSIP: 67074B105) exchanged for Preferred F.
- Transaction B: 511,446.17 NVC Trust Units (CUSIP: 67074B105) exchanged for Preferred C.
- Valuation Metric:
- NAV per Unit: $48,881.00
- Total Backing Value: $28,999,999,999.57 (approx. $29 Billion USD).
- Asset Nature: NVC Fund Holding Trust Units represent court-validated mineral, oil, and institutional cash reserves.
4. SEC Market Status & Positioning
- Regulatory Status: Expert Market (Rule 15c2-11)
- Current Market Cap: ~$44k (Price Distortion)
- Intrinsic Asset Value: ~$29B (Verified Book Value)
- Positioning: The current price distortion reflects the "Expert Market" restriction and does not correlate with the underlying $29B asset base. This provides a stable baseline for institutional consolidation before a formal "Pink Current" restoration and full market normalization.
5. Integration Roadmap for the NVC Ecosystem
- Public Attestation: Use IBRC as the publicly reporting vehicle for NVCT's on-chain reserves.
- NVCT Convertible Debt: Issue IBRC bonds convertible into NVCT stablecoin to attract institutional yield-seekers.
- Institutional Capital Gateway: Position IBRC as the primary public entry point for sovereign wealth integration and institutional capital deployment across global markets.
Verified by NVC Compliance Team January 08, 2026
CONFIDENTIAL INSTITUTIONAL RECORD | NVC BANKING PLATFORM V7.7.7
VERIFIED BY NVC COMPLIANCE TEAM JANUARY 08, 2026