$IDGC: ID Global Corporation Signs Memorandum of Understanding with Corr Brands, Inc.
Source : PR Newswire (US)
Stock : Idglobal Corp. (PC) (IDGC)
CHICAGO, June 16, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to announce that it has signed a binding Memorandum of Understanding (MOU) with Corr Brands, Inc. (CBI) which will commence with an ownership stake, and begin due-diligence towards a joint venture whereby IDGC will provide assistance raising capital, advisory, and/or merger and acquisition services.
Sebastien DuFort, president and CEO, stated, "We have been in discussions for some time with the board of directors at Corr Brands, Inc. We are pleased to finally see this come to fruition and are looking forward to working with them to achieve their long term vision for the company."
About Corr Brands, Inc.
Corr Brands, Inc. is an Illinois corporation founded originally in 1978 as CORR'S Ginseng Beverage, Inc, the new holding company for intellectual property (IP) of Robert J. Corr and his family. The flagship brands are Ginseng Rush ® and Apple Rush ®.
Additional Brands include Green Rush ™ and Hard Rush ™. The Corr family recently licensed Apple Rush ® and Ginseng Rush ® Brands, with a worldwide license granted to bottle and sell beverages and consumer edibles with the Brands, Apple Rush ® and Ginseng Rush ®. Additionally CBDs from cannabis are used to benefit a line of cannabis infused beverages and edibles in the future. Hard Rush™ is a sparkling beverage combination of super fruits with 8% alcohol.
CBI is a long-lived company that over the years has licensed its IP to various third party concerns, including Quaker Oats, Co. and PepsiCo. Inc. and others. The new mode of operation is to minimize external influences and concentrate efforts in a targeted, low overhead manufacturing and marketing endeavor.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks debt and equity investments, minority positions as well as controlling interests in established companies and special situation start-ups.
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$IDGC: ID Global Corporation Retains International Creative Licensing, LLC to Assist in Intellectual Property Valuation
Source : PR Newswire (US)
Stock : Idglobal Corp. (PC) (IDGC)
CHICAGO, June 10, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to announce that IDGC has retained International Creative Licensing, LLC., an intellectual property firm, to assist in valuation and licensing of its Intellectual Property (IP) of current portfolio companies. The first company, Jack Rockwell, Inc., currently holds multiple patents for its Farquest™ Machine and is exploring several opportunities regarding its IP.
Sebastien DuFort, president and CEO stated "We are excited to engage a firm that has the ability to help with the valuation process of our portfolio companies assets. This will be a key process in vetting current and future intellectual property to ensure our investment capital sees a return."
About International Creative Licensing, LLC.
International Creative Licensing (ICL) is a boutique licensing and consulting firm specializing in intellectual property portfolio management and brand valuation. Founder Bill Uglow, former Disney executive and Todd Uglow, court approved expert witness in the area of right of publicity law and intellectual property valuation have worked on hundreds of IP projects. Past and present clients include, but are not limited to, Disney, LucasFilm, and the four major US sports leagues; most recently the National Football League.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, controlling interests in established companies as well as special situation start-ups.
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$IDGC: ID Global Corporation Provides an Investment Portfolio Update
Source : PR Newswire (US)
Stock : Idglobal Corp. (PC) (IDGC)
CHICAGO, May 8, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to provide an investment portfolio update to its shareholders. This update includes new assets, adding to its current portfolio, which includes a new assignment of claims for Physicians Healthcare Management Group (OTC:PHYH):
PHYH:
Acquired $358,000 of receivables.
Sebastien DuFort, president and CEO, stated, "This asset acquisition is consistent with our new long-term strategy shared by Robert Trinka, Chairman and CEO of PHYH. We are pleased to have been able to step in and provide the assistance, for the mutual benefit of both companies."
About Physicians Healthcare Management Group, Inc.
Physicians Healthcare Management Group, Inc. (PHYH) is a holding company focusing on employing its management and capital resources in early-stage growth companies that seek to benefit from the public markets, but lack the public company management expertise and financial resources to comply with regulatory requirements of a publicly traded company, without our assistance. PHYH will target companies that have the right growth and profit characteristics covering a wide range of industries.
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$IDGC: ID Global Corporation Provides an Investment Portfolio Update, with Recent Additions - Our Growth Continues
Source : PR Newswire (US)
Stock : Idglobal Corp. (PC) (IDGC)
CHICAGO, March 27, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to provide an investment portfolio update to its shareholders. That update includes new assets, adding to its current portfolio, which includes Phyhealth Corporation (OTC:PYHH):
PYHH:
Promissory Notes totaling $640,000
Secured Promissory Note $250,000 (Secured by IP and personal guarantee.)
Assignment of claims of $120,000 in the form of receivables.
Sebastien DuFort, president and CEO stated "The acquisition of these assets is another step in building our long-term portfolio; and more importantly, assisting the companies in the recovery of the assets. By implementing a hands-on approach we are positioning IDGC to see a return on both time and capital dedicated to these transactions."
About Phyhealth Corporation
Phyhealth Corporation is engaged in developing community health plans owned and operated in partnership with the participating physicians based on a health maintenance organization license. Its community health plans are structured to integrate various financial and reimbursement components of healthcare delivery; align the financial incentives of participants; and enable physicians to assume end-to-end management of healthcare for their patients. The company also owns and operates diagnostic and therapeutic sleep centers for the diagnosis and treatment of sleep disorders, including sleep apnea. Phyhealth Corporation is based in Alpharetta, Georgia.
About ID Global Corporation
ID Global Corporation (IDGC) is a diversified holdings company with a focus on emerging and middle market investment opportunities in North America. IDGC seeks, through debt and equity investments, minority positions as well controlling interests in established companies and special situation start-ups.
Forward-Looking Statements
This press release contains statements which may constitute "forward-looking statements" within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief or current expectations of ID Global Corporation and members of its management as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. The company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.
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