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Friday, December 2, 2022

Nexus Energy Services Inc (OTCMKTS: IBGR) Steady Move Northbound as Dryworld Athletic Gear Gains Traction

Nexus Energy Services Inc (OTCMKTS: IBGR) soon to be renamed Dryworld is making a steady run up the charts in recent trading on growing volume. The stock got a boost on Monday after the Company tweeted, they will be releasing big news tomorrow. Dryworld is followed by a significant number of athletes on Facebook and some fairly well-known social media influencers. The stock is getting noticed after reversing off $0.0521 lows earlier this year and has been moving steadily northbound since. 

Dryworld is is opening its flagship store in Edmonton, Alberta at the new state of the art A1 Athletic Facility estimated to open in November of 2022. The A1 Athletic Facility will be Canadas largest indoor, dual sports dome providing every tool necessary to optimize athletes’ performance in Soccer, Football and other sports. A1 has a mission to open three locations in a few short years, with DRYWORLD securing the right to open flagship stores in all locations opened for the next ten years. The Company also just launched its partnership with Modell’s Sporting Goods–the longest operating sports retailer in the USA.  The retailer has released Dryworld’s CoreD and HauteD product lines, as well as the brand’s flagship product DRYFEET, through their e-commerce store here.  


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Nexus Energy Services Inc (OTCMKTS: IBGR) operating as Dryworld is a premium performance sports brand offering innovative, superior quality apparel and gear for the athlete in all of us. The Company builds purpose-driven products that give all athletes the edge. Engineered by athletes, proven by science.  

Dryworld began when two professional rugby players needed to keep their feet dry in the wet coastal climate. No existing product provided the solution, so they created their own: DRYFEET Performance Footwear. From this original innovation, DRYWORLD continues to revolutionize the market. Founded in Victoria, British Columbia, Canada in 2010, DRYWORLD is a performance athletic brand offering innovative, superior quality apparel and gear for the athlete in all of us. Innovative, purpose-driven products that give athletes the edge. The Company is in the process of changing its name and ticker symbol to DryWorld Brands Inc (OTCMKTS: DRYW)   

Dryworld has produced several lines of clothing, such as HauteD, Aggression, BioSkyn Apparel and Barefuta. In 2016 the Company signed several deals with Brazilian football clubs, such as Atletico Mineiro and Fluminense and operates four manufacturing factories in Brazil. 

IBGR is led by CEO Matt Weingart an ex Canadian rugby union player. His playing position was scrum-half. He was named in the Canada squad for the 2007 Rugby World Cup, although he did not make any appearances in the tournament. He though did make 7 international appearances for Canada between 2004 and 2007, before starting the sports clothing brand Dryworld. Brian McKenzie is a former international rep level rugby player. Originally from Scotland and now a Canadian citizen who has spent more than 20 years as an entrepreneur, holds a degree in engineering and has a broad range of expertise in finance, technology, real estate development and retail.  The new co CEOs were joined by Barrett Evans as CFO and Director and Ron Minsky as dire 

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Dryworld is opening its flagship store in Edmonton, Alberta at the new state of the art A1 Athletic Facility estimated to open in November of 2022. The A1 Athletic Facility will be Canadas largest indoor, dual sports dome providing every tool necessary to optimize athletes performance in Soccer, Football and other sports. The main floor of the clubhouse will include a full restaurant, Bar & Cafeteria in addition to an ultra-modern 2500 square foot gym designed for weight training and cardio conditioning. With a physiotherapy and/or rehabilitation service on site, athletes will have everything they need at A1 facility to take their game to the next level. 

DRYWORLDs flagship store will be 425 sq ft of prime real estate at the main entrance of the clubhouse and gym in the large foyer that everyone who enters the building will have to walk past. A1 is projecting traffic of 1000 per day once fully booked, providing great visibility for the brand. As part of the deal, DRYWORLD will be the official technical partner of A1 Athletic Facility and will build a dynamic merchandise program designed to support athletes and those who support the athletes. A1 has a mission to open three locations in a few short years, with DRYWORLD securing the right to open flagship stores in all locations opened for the next ten years. The two performance focused brands are aligning with a likeminded vision to become the ultimate home for athletes. 

The Company has released a proprietary line of team merchandise to represent the five teams and 40 athletes competing in Super League Triathlons Championship Series beginning next week. The series features the worlds fastest triathletes and kicked off in London on September 4th, with the Grand Finale in Neom on October 29th. 

On September 13 IBGR announced launched its partnership with Modell’s Sporting Goods–the longest operating sports retailer in the USA.  The retailer has released Dryworld’s CoreD and HauteD product lines, as well as the brand’s flagship product DRYFEET, through their e-commerce store here. In 2020, Modell’s was identified as one of the Top Ten Largest Sporting Goods Stores in the World, and currently carries legacy sports brands including Adidas, Nike, Asics, Fila, Champion, and Puma, as well as licensed merchandise for teams in the MLB, NFL, and NHL. 

Co-CEO, Matt Weingart said: ‘‘Offering DRYWORLD products at one of the biggest sports merchants in North America unlocks the potential for our entire product line. Our partner teams and athletes can showcase their licensed merchandise to North American consumers, which is a very sought-after market globally. It’s very exciting for our company to have access to Modell’s customer base, we’re always working on getting more eyes on our products, and this partnership does just that.” 

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Currently trading at a $19 million market valuation IBGR OS is 171,565,229 with 131,819,613 shares in the float. This is exciting story developing in small caps; the Company is is opening its flagship store in Edmonton, Alberta at the new state of the art A1 Athletic Facility estimated to open in November of 2022. The A1 Athletic Facility will be Canadas largest indoor, dual sports dome providing every tool necessary to optimize athletes performance in Soccer, Football and other sports. A1 has a mission to open three locations in a few short years, with DRYWORLD securing the right to open flagship stores in all locations opened for the next ten years. The Company also just launched its partnership with Modell’s Sporting Goods–the longest operating sports retailer in the USA.  The retailer has released Dryworld’s CoreD and HauteD product lines, as well as the brand’s flagship product DRYFEET, through their e-commerce store here. IBGR has plenty of room for growth from current levels with the first real resistance at around $0.30 per share. The Company is waiting on the name change to Dryworld to take affect. Dryworld is followed by a significant number of athletes on Facebook and some fairly well known social media influencers. We will be updating on IBGR  on a daily basis so make sure you are subscribed to microcapdaily.com so you know what is going on with IBGR.

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Disclosure: we hold no position in IBGR either long or short and we have not been compensated for this article.

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