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Independence Energy Corp (IDNG)

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Last Post: 8/30/2014 11:12:16 AM - Followers: 110 - Board type: Free - Posts Today: 4



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
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Bid Ask Day's Range
Wiki
IDNG News: Initial Statement of Beneficial Ownership (3) 08/29/2014 05:36:53 PM
IDNG News: Initial Statement of Beneficial Ownership (3) 08/01/2014 11:12:05 AM
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
News News Alert: Initial Statement of Beneficial Ownership (3) 08/29/2014 05:36:53 PM
PostSubject
#2679  Sticky Note Things to like about IDNG: Papa Bear 08/25/14 01:34:32 AM
#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
#2703   Thanks for clarifying rocknroll. Enjoy your holiday! Scripophiliac 08/30/14 11:12:16 AM
#2702   This filing was simply a paper work adjustment.. RocknRoll 08/30/14 11:08:57 AM
#2701   The company/person that filed the form 3 doest Scripophiliac 08/30/14 10:25:43 AM
#2700   I really don't know if this beneficial owner Chris1968 08/30/14 01:14:07 AM
#2699   What's that form 3 filled today? sony12 08/29/14 10:59:30 PM
#2698   People better hope news does not come out Cashking74 08/29/14 03:56:08 PM
#2697   Good morning all. Let's see what the Papa Bear 08/28/14 06:24:32 AM
#2696   Yip. It's time for News.::) Chris1968 08/28/14 01:15:22 AM
#2695   Or we get the news we are waiting for... JohnnyBlaze 08/27/14 04:44:22 PM
#2694   I agree but with all the games closes runner2800 08/27/14 04:35:27 PM
#2693   Volume is way funny... (someone playing games)... Gooddolphin 08/27/14 04:20:03 PM
#2692   Yes I've tried numerous times. I mentioned that BoomKharma 08/27/14 11:28:28 AM
#2691   Yes I've tried numerous times. I mentioned that BoomKharma 08/27/14 11:28:27 AM
#2690   I added some cheapies yesterday..:)) Chris1968 08/27/14 01:05:56 AM
#2689   moved back to 28 ...) Chris1968 08/27/14 01:05:07 AM
#2688   In trying to get more cheap shares... JohnnyBlaze 08/26/14 11:19:47 PM
#2687   Has anyone talked to the company?? sony12 08/26/14 09:01:32 PM
#2686   Yup... No pumping teams needed. IDNG Scripophiliac 08/26/14 07:26:50 PM
#2685   IDNG could take off on thin air... Gooddolphin 08/26/14 04:28:47 PM
#2684   That was quick, not many, lol.. RocknRoll 08/25/14 01:25:22 PM
#2683   BKMM may very well be a diluter, we'll RocknRoll 08/25/14 01:23:52 PM
#2682   Nearly only selling today.::( Chris1968 08/25/14 01:21:44 PM
#2681   BKMM should hit your .0022's soon.. RocknRoll 08/25/14 12:31:14 PM
#2680   seeing if anyone will hit me at .0022 JohnnyBlaze 08/25/14 12:25:34 PM
#2679   Things to like about IDNG: Papa Bear 08/25/14 01:34:32 AM
#2678   I'll try to get some more cheapies as Chris1968 08/25/14 01:23:52 AM
#2677   Agreed. Time for IDNG..:)) $$$ Chris1968 08/25/14 01:22:57 AM
#2676   You might just see them early on but Papa Bear 08/25/14 12:26:59 AM
#2675   will be looking for cheap share in the JohnnyBlaze 08/25/14 12:25:21 AM
#2674   Yes bear - ready JohnnyBlaze 08/24/14 11:56:20 PM
#2673   Time to get folks excited here! This Papa Bear 08/24/14 11:23:11 PM
#2672   LETS FLY!!! sony12 08/24/14 11:06:30 PM
#2671   I Papa Bear 08/24/14 10:35:17 PM
#2670   D Papa Bear 08/24/14 10:35:11 PM
#2669   N Papa Bear 08/24/14 10:35:06 PM
#2668   G Papa Bear 08/24/14 10:35:00 PM
#2667   Shares were definitely being loaded last week ,... Papa Bear 08/24/14 10:29:44 PM
#2666   Coming very soon! $$$ IDNG $$$ Papa Bear 08/24/14 10:28:16 PM
#2665   We need some NEWS soon and we will FLY!!! sony12 08/24/14 10:10:29 PM
#2664   exactly right... loading zone is now! NEWS IN JohnnyBlaze 08/24/14 04:21:53 PM
#2663   I think if this company is for real runner2800 08/24/14 10:04:57 AM
#2662   thinking we get some news next week... i'm buying... JohnnyBlaze 08/22/14 07:28:18 PM
#2661   Sorry Chris, there's ZERO buying interest due to RocknRoll 08/22/14 03:03:52 PM
#2660   Consolidation and week Hands today... Chris1968 08/22/14 03:01:58 PM
#2659   I think this chart looks like crap. This juggalo 08/22/14 10:38:13 AM
#2658   Right on! Idng JohnnyBlaze 08/22/14 09:43:35 AM
#2657   Sounds good papa bear. Pickle 08/22/14 08:19:51 AM
#2656   Good morning folks! Let's end the week Papa Bear 08/22/14 08:14:29 AM
#2655   You got that right Papa Bear 08/22/14 08:12:13 AM
#2654   Yip, let them drop the bomb soon.::)) Before Chris1968 08/22/14 02:01:18 AM
PostSubject