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Monday, March 23, 2015 9:04:19 AM
LAS VEGAS--(BUSINESS WIRE)-- Further to the announcement made on Tuesday, March 17, 2015, INSCOR, Inc. Corporation (PINKSHEETS: IOGA) and Zion Capital Ventures are pleased to announce that INSCOR’s corporate counsel has verified, directly with Zion Capital Ventures’ bank, that Zion Capital Ventures’ current balances on deposit at that top-3 U.S. money center bank are in excess of $700,000,000.00 (seven hundred million dollars). Now that Zion Capital Ventures’ liquidity has been verified, INSCOR and Zion can jointly move forward with the third-party lender toward successfully consummating the proposed secured financing arrangement. INSCOR Chairman Keith McAllister stated this morning: “This is an important day for INSCOR, as we continue to build momentum in our push to expand into additional areas of interest. We are delighted that our relationship with the professionals at Zion Capital Ventures is beginning to bear fruit in such an expedient manner, and we look forward to bringing this project, as well as future projects, to fruition.”
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