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Independence Energy Corp (IDNG)

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Last Post: 7/29/2014 11:20:09 AM - Followers: 104 - Board type: Free - Posts Today: 2

Effective JULY 2, 2014






Independence Energy Corp. is a fully reporting SEC company, publicly traded on the OTC Market under the symbol, "IDNG", and within the OTCQB market tier. As such, Business, Operational, and Financial information on IDNG is fully transparent and available to public view.

Visit: http://www.otcmarkets.com/stock/IDNG/company-info to see complete details.

Independence Energy Corp. is Active on the Nevada Secretary of State site:

A/S: 375 Million - per state of Nevada active status
O/S: 345 Million - as of 7/24/14

Insiders Own 60%+ = Over 200 Million Shares
The company has Zero preferred shares


Recent News

Independence Energy Announces Name Change, FDA Clearance
And U.S. Launch Of Non-Contact Thermometer
 Independence Energy Corp.
Jul 2, 2014 9:25 AM

SEAL BEACH, Calif., July 2, 2014 /PRNewswire-iReach/ -- (OTC BB: IDNG)– Independence Energy Corp. ("Independence") announced today that its Thermofinder FS-700 Pro and FS-700 (retail version) non-contact infrared thermometer has received U.S. Food and Drug Administration ("FDA") clearance and is launching immediately its distribution in the United States. The FS-700 is currently being sold in Asian and European markets for both professional and retail markets. Independence has the exclusive distribution rights in North, Central and South America.

"We believe the FS-700 is superior to similar devices currently available in the market," said Howard Taylor, Independence Chairman and Chief Executive Officer. "The Thermofinder's exceptional accuracy coupled with consistent reliability and intelligent design, make it easy to use and understand. We believe these attributes will translate into mass market appeal," continued Taylor. Benefits of the FS-700 also include no cross contamination, ergonomic (one handed) operation, left or right hand use, attractive pricing, easier to use than oral or ear thermometers, built in memory and operates silently. The FS-700 is the first of several medical devices Independence expects to launch.

The Company is currently in production and awaiting delivery of units following the successful fulfillment and deployment of the sales team and has already begun the placement of additional units to satisfy follow-up orders.

The Company's manufacturing partners produce a broad range of high quality medical device products for use in the professional and home environment. The thermometry products as well the other products are FDA cleared and carry the CE certification with many other worldwide licenses.

The sales team is a proven group of medical device and supply professionals; with specific successful history in the professional and retail sales of next generation thermometry products.



From 8-K April 2nd:
Asset Purchase Agreement with American Medical Distributors, LLC
On March 31, 2014, Independence Energy Corp. (“we”, “us”,“our”) entered into and closed an Asset Purchase Agreement (the “Agreement”) dated for reference March 31, 2014 with American Medical Distributors, LLC (“AMD”).  Pursuant to the agreement we have acquired from AMD all right, title and interest of AMD in and to a certain distribution contract (the “HuBDIC Agreement”) dated November 27, 2013 with HuBDIC Co. Ltd. (“HuBDIC”), a Korea corporation, pursuant to which AMD has been granted the exclusive right to distribute in the Americas certain professional and consumer grade non-touch thermometers known as the FS700 Pro and FS-700 (retail version), and any future versions. 
The material terms of the HuBDIC Agreement are as follows: (a) term of 5 years from November 7, 2013; (b) subject to FDA approval of the HuBDIC products, which is anticipated, we are required to purchase a minimum of 3,000 product units for re-sale during year 1 of the distribution period, 8,000 during year 2, and 15,000 during each subsequent year; (c) a $10,000 distribution fee paid to HuBDIC by AMD will be credited toward the first product order; and (d) the deposit is refundable to us at our election, and we may terminate the HuBDIC Agreement in the event FDA approval is not granted by April 26, 2014.   The maximum HuBDIC may charge IEC for the product is $19.99 per unit.


THIS ASSET PURCHASE AGREEMENT (this " Agreement ") made as of March 31, 2014 (the " Effective Date "), by and between American Medical Distributors, LLC, an New York limited liability company, with an address at 265 Sunrise Highway, Ste. 62, Rockville Centre, New York 11570 (“ AMD ”), and Independence Energy Corp., a Nevada corporation, with an address at 3020 Old Ranch Parkway, Ste 300, Seal Beach CA 90740   (“ IEC ”).

In General...
1.  An 8-K disclosing AMD's financials is anticipated to come out based on the 8-K on April 2nd.
This "Asset Purchase Agreemtent" looks more like a reverse merger.  Read it and draw your own conclusion.
2. Through the AMD distribution contract, IDNG is to buy a minumum of 56,000 devices.
3. These divices retail at $130.  That means IDNG stands to gross $7,280,000 and make a net 550.3% gain on money spent.

There is a lot more to this filing, read it and see.

Incorporated In: Nevada in 2012

Transfer Agent:

Holladay Stock Transfer
2939 N. 67th Place
Scottsdale, AZ 85251

Phone: 480-481-3940


Contact Us:

Independence Health Corp.
3020 Old Ranch Parkway
Suite 300
Seal Beach, CA 90740

Phone: 562-799-5588

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Current Price
Bid Ask Day's Range
IDNG News: Independence Energy Announces Name Change, FDA Clearance And U.S. Launch Of Non-Contact Thermometer 07/02/2014 09:25:00 AM
IDNG News: Current Report Filing (8-k) 06/25/2014 04:56:18 PM
IDNG News: Amended Statement of Ownership (sc 13g/a) 06/18/2014 09:29:30 AM
IDNG News: Quarterly Report (10-q) 06/11/2014 05:02:08 PM
#2107  Sticky Note IDNG - An absolute MUST read.. RocknRoll 06/25/14 07:55:56 PM
#2411   Not that I know of. The name change hyrpowr 07/29/14 11:20:09 AM
#2410   Any news waiting? Besides name change? Pstats 07/29/14 11:11:53 AM
#2409   The bid has been deeper the last few hyrpowr 07/28/14 11:37:29 PM
#2408   Update soon?? sony12 07/28/14 11:11:42 PM
#2407   THANKS AND GOOD BYE! sony12 07/26/14 07:42:19 PM
#2406   Thanks for your thoughtfulness.. http://investorshub.advfn.com/boards/read_msg.a RocknRoll 07/25/14 11:40:02 PM
#2405   Look guys i don't want anyone to lose sanders11 07/25/14 09:49:00 PM
#2404   Just saw that, now corrected, thanks.. RocknRoll 07/25/14 08:11:31 AM
#2403   Name change and news should be soon I hope! sony12 07/25/14 07:56:11 AM
#2402   Looking Forward for the webside-start $$$ Chris1968 07/25/14 01:43:44 AM
#2401   Why-does-it-say IDNG-IDGlobal Corp. at the top of the UserAlias1 07/24/14 10:23:26 PM
#2400   Looks good to me. Thanks. sony12 07/24/14 05:55:32 PM
#2399   Yip. Lets get RocknRoll.::)) $$$$ Chris1968 07/24/14 03:44:29 PM
#2398   Not looking good. What went worng was doing good. Pstats 07/24/14 10:06:12 AM
#2397   GREAT POST!!!!!! sony12 07/23/14 10:51:07 PM
#2396   IDNG has No preferred shares, only 375m A/S RocknRoll 07/23/14 10:47:40 PM
#2395   Bought more today! Am at 2 mil. Now! sony12 07/23/14 04:56:32 PM
#2394   WOW BIG DUMP!!!! 1MIL. HA HA!!!! THATS REALLY sony12 07/23/14 04:54:33 PM
#2393   What about management? BoomKharma 07/23/14 04:01:11 PM
#2392   freaking oil company changes name over night and sanders11 07/23/14 03:59:53 PM
#2391   this is a POS scam nothing more sanders11 07/23/14 03:56:46 PM
#2390   But now it's 2014 and they have a Chris1968 07/23/14 03:04:29 PM
#2389   Not happening... hahahahaha. Looks very very very grim MaxDavies 07/23/14 02:56:23 PM
#2388   I've done plenty of research on this particular BoomKharma 07/23/14 01:51:18 PM
#2387   Aww crap! I missed that share dump. Not hyrpowr 07/23/14 01:43:46 PM
#2386   $IDNG @ .0025! Estrella 07/23/14 01:38:15 PM
#2385   !Your first post is impressive. There is plenty Scripophiliac 07/23/14 11:57:00 AM
#2384   This stock has always been garbage. Management is BoomKharma 07/23/14 11:51:55 AM
#2383   YES boom down to 2 8 runner2800 07/23/14 11:42:37 AM
#2382   BOOM!!!!***!******___**!**__*_____!__!__!_**!__! Pstats 07/23/14 10:31:46 AM
#2381   This thing is ready to EXPLODE! !!!! Very THIN!!! sony12 07/23/14 08:40:58 AM
#2380   HT/DS hey guys, how you been? MMJ_Wizard 07/23/14 08:23:40 AM
#2379   Wow looks like we caught this right before TechnoAnalyst 07/23/14 12:39:10 AM
#2378   Yes. I think its a great GEM. name sony12 07/22/14 08:26:55 PM
#2377   Moving good... Waiting for this run. Pstats 07/22/14 07:56:12 PM
#2376   Got me 200000 more at the end!!!!!! sony12 07/22/14 04:40:55 PM
#2375   Ihub l2 has been fixed! Scripophiliac 07/22/14 12:14:24 PM
#2374   Same for Schwab StreetSmartEdge. LarryBear40 07/22/14 11:55:34 AM
#2373   Both Etrade and TDA L2's work fine for RocknRoll 07/22/14 10:32:58 AM
#2372   Thanks sony12 07/22/14 10:18:44 AM
#2371   Likewise ihub l1 & l2 is Scripophiliac 07/22/14 10:13:54 AM
#2370   I sent another complaint to admin this morning. hyrpowr 07/22/14 10:13:07 AM
#2369   Still cant see ask sony12 07/22/14 10:07:33 AM
#2368   NEWS any TIME.::)) $$$$ Chris1968 07/22/14 01:52:45 AM
#2367   No problem $ony, if you need anything else TechnoAnalyst 07/22/14 01:32:04 AM
#2366   Thanks sony12 07/21/14 10:48:08 PM
#2365   $IDNG ask was .0036 and only about 153,000 TechnoAnalyst 07/21/14 10:39:25 PM
#2364   Going to buy more tomorrow! sony12 07/21/14 09:53:18 PM
#2363   Whats the ask? Thanks. sony12 07/21/14 05:39:19 PM
#2362   I like it bro!!! $IDNG TechnoAnalyst 07/21/14 02:53:33 PM