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Independence Energy Corp (IDNG)

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Last Post: 10/1/2014 6:33:23 AM - Followers: 109 - Board type: Free - Posts Today: 1



Effective JULY 2, 2014

IDNG - NEW COMPANY NAME

NEW CEO AND NEW DIRECTORS

INDEPENDENCE HEALTH CORP.

A MEDICAL DEVICE COMPANY


SECURITY DETAILS


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:
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=CBwSAwKRC3a4pW%252bE3xV7Sw%253d%253d&nt7=0

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

IDNG HAS ZERO CONVERTIBLE DEBT


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.


RECAP DD

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=103717315



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







http://finance.yahoo.com/q/h?s=idng



Contact Us:

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

Phone: 562-799-5588

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IDNG
Current Price
Volume:
Bid Ask Day's Range
Wiki
IDNG News: Quarterly Report (10-q) 09/22/2014 03:02:31 PM
IDNG News: Notification That Quarterly Report Will Be Submitted Late (nt 10-q) 09/15/2014 04:05:40 PM
IDNG News: Current Report Filing (8-k) 09/02/2014 12:15:42 PM
IDNG News: Statement of Beneficial Ownership (sc 13d) 09/02/2014 06:02:21 AM
IDNG News: Initial Statement of Beneficial Ownership (3) 08/29/2014 05:36:53 PM
PostSubject
#2516  Sticky Note just found this, just came out!!! JohnnyBlaze 08/19/14 10:08:41 AM
#2107  Sticky Note IDNG - An absolute MUST read.. RocknRoll 06/25/14 07:55:56 PM
#2770   Same here... :) Gooddolphin 10/01/14 06:33:23 AM
#2769   shhh. Not finished loading yet. :-) ProfitChaser 09/30/14 07:16:53 PM
#2768   Nearing October:) $b_rich$ 09/30/14 03:37:14 PM
#2767   Hopefully soon.::)) Chris1968 09/30/14 03:32:16 PM
#2766   agreed! waiting on this and news should follow: $b_rich$ 09/30/14 02:52:54 PM
#2765   Hahhahahahahahha fallin123 09/28/14 01:38:25 AM
#2764   Accumalating here while cheap. IMO has the ingredients ProfitChaser 09/25/14 10:38:54 PM
#2763   IDNG should also bring the Name Change.::) Chris1968 09/24/14 01:28:52 PM
#2762   IDNG should bring a PR to explain.:)) Chris1968 09/24/14 01:28:24 PM
#2761   $IDNG @ .0019! Estrella 09/24/14 11:15:13 AM
#2760   Idng not selling on Amazon fallin123 09/23/14 07:21:55 PM
#2759   Remember that amazon is world wide so if Cashking74 09/23/14 05:30:40 PM
#2758   Good point. Atleast the convertible debt is gone, Scripophiliac 09/23/14 01:02:07 PM
#2757   Not sure why they reported ZERO revenues for RocknRoll 09/22/14 03:39:08 PM
#2756   looks like someones trying to make this look wealthmoney 09/22/14 01:23:17 PM
#2755   Correct, I communicated with IDNG a month prior RocknRoll 09/22/14 10:39:49 AM
#2754   The thermometer was on amazon before IDNG had Mondragon 09/22/14 10:03:43 AM
#2751   yes I believe everything posted on I wealthmoney 09/20/14 06:00:55 PM
#2750   I spoke to a executive of the company runner2800 09/19/14 09:55:02 AM
#2749   runner2800 09/19/14 09:34:18 AM
#2748   If they sell it already with Amazon why Chris1968 09/19/14 02:04:05 AM
#2747   That is good let him come out Thursday runner2800 09/17/14 10:43:28 PM
#2746   nice eod action wealthmoney 09/17/14 10:06:12 PM
#2745   someone trying to scare shares with 10k @ wealthmoney 09/17/14 09:47:54 PM
#2744   Retail on the bid at 0.0018 with hazarderk 09/17/14 04:01:20 PM
#2743   IDNG weeeee Mondragon 09/17/14 04:00:10 PM
#2742   a nice update should send it:) $b_rich$ 09/17/14 12:21:02 PM
#2741   looking at l2 is enough to make me wealthmoney 09/16/14 08:13:14 PM
#2740   Should be a huge runner JB with insider $b_rich$ 09/16/14 03:36:16 PM
#2739   Nice grab... JohnnyBlaze 09/15/14 06:38:44 PM
#2738   I think People are getting tired of waiting. Chris1968 09/15/14 03:05:15 PM
#2737   IDNG in at .0017 today. Mondragon 09/15/14 02:46:02 PM
#2736   New low maybe get some love/attention IDNG wealthmoney 09/15/14 02:02:19 PM
#2735   what the heck? some one get sick of waiting? JohnnyBlaze 09/15/14 01:55:13 PM
#2734   Watching and waiting. Should get very interesting soon...)) Chris1968 09/15/14 01:17:39 AM
#2733   Watching and waiting JohnnyBlaze 09/14/14 07:08:50 PM
#2732   Shouldn't be too far off Chris...the name is $b_rich$ 09/12/14 08:37:13 AM
#2731   Yesterday somebody bought 1 Million at the beginning Chris1968 09/12/14 01:13:54 AM
#2730   over 1 million buying volume crickets on the Scripophiliac 09/11/14 04:38:41 PM
#2729   Can run hard for sure Chris! $b_rich$ 09/10/14 10:38:25 AM
#2728   Thanks for sharing..:)) In my opinion everything always Chris1968 09/10/14 01:24:44 AM
#2727   Thanks sony12 09/09/14 08:40:34 PM
#2726   Thanks for sharing that! Website is still parked Scripophiliac 09/09/14 12:52:24 PM
#2725   Appears Nevada SOS has the new name on reserve: $b_rich$ 09/09/14 11:08:36 AM
#2724   Looks like they announced that on July 2nd, $b_rich$ 09/09/14 11:05:15 AM
#2723   Anyone know about the name change? sony12 09/08/14 09:11:42 PM
#2722   I must have missed something. What does LarryBear40 09/05/14 11:10:26 AM
#2721   Now that's interesting! Clippy 09/05/14 07:30:54 AM
#2720   35-40 years ago he was with a company RocknRoll 09/05/14 06:15:42 AM
#2719   About the beneficial owner G Dary Klug: hope Chris1968 09/05/14 02:15:41 AM
PostSubject