LOS ANGELES, May 17, 2017 /PRNewswire/ -- By way of vote, James P. Lay has been named the new CEO of iBrands Corporation Inc. (OTC: IBRC), which is now Dreamlife Technology. James will retain the role of CFO. New officers and the remaining positions as well as the Board of Director will be elected in the days ahead. Dreamlife Technology is located in Los Angeles, California. You may contact us info@DreamlifeTechnology.com or (424) 281.4663.
Dreamlife is currently working to bring its OTCMarket status to "current." It is expected to be current and reflected on OTCMarkets.com as listed "Pink Current" in the coming weeks. Dreamlife will be retaining new corporate counsel, as well as a new CPA Firm. Dreamlife has also filed for a new ticker symbol.
Simultaneously with the above happening, Dreamlife will be changing its core business from CBD oil to a proprietary technology that only Dreamlife holds. Dreamlife is a holographic media platform which provides a three-dimensional experience for the user without any visible projection screen or special 3D glasses. The result is a revolutionary experience that blurs the lines of reality and illusion. "My father was a scientist at the NOAA (National Oceanic Atmosphere Administration) for over 38 years. He would instill in me from a very early age that everything was here 4 million years ago to build the Apollo 11 spacecraft, it is my job to travel into the future now in my mind and bring back the great ideas from the future and make them today's reality. That is our focus everyday at Dreamlife Technology," says James Lay CEO of Dreamlife Technology.
Dreamlife will continue selling CBD oil and maintaining the same iBrand accounts it has been working on over the last year. There is a large deal valued at $13 million that is not complete yet, but still active. The revenue and potential profits will stay with Dreamlife from this day forward and any other CBD contract Dreamlife recently has begun developing. Dreamlife is working on a new brand name and website, streamlined with new CBD products and offerings soon to come.
About Dreamlife Technology
Dreamlife Technology is focused on two primary technologies; one is an artificially intelligent holographic being that can interact with you, have a conversation with you, as well as recognize you and physically touch you. All from a "ghost like" three-dimensional stand alone position where no visible screen can be seen based on Dreamlife's proprietary invisible screen technology.
A derivative of our root technology, Global Shield is hardware, software, ultrasonic, laser and weapon deployment platform that may be installed in airports, concert halls, schools, shopping malls, even at the border. Designed to greatly reduce the potential for a terrorist attack. Both technologies are in development stages and Dreamlife looks to Q3 2018 to introduce marketable products. Both of these technologies have massive long-term market space that is brand new and wide open for this company, potentially an untapped $80 Billion market place. Keep track of our progress on our social media like twitter @DreamlifeTech or Facebook @DreamlifeTechnology.
Forward Looking Statement: This press release, and those statements regarding iBrands and the Company, contain forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events and similar expressions.Forward-looking statements may be identified by use of words such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," or "potential" or similar words or phrases which are predictions of or indicate future events or trends.Statements such as those concerning potential acquisition activity, investment objectives, strategies, opportunities, other plans and objectives for future operations or economic performance are based on the Company's current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties.You are cautioned not to place undue reliance on any forward-looking statements and the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, new information, future events or other changes.Please refer to Company's filings with the OTC Markets for further information.
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SOURCE Dreamlife Technology