IDGLobal Corp.
ID Global Corporation Records Profitable 2015 and Posts Q4 and Annual Report
Bannockburn, Illinois--(June 3, 2016) – ID Global Corp. (OTC: IDGC) is pleased to announce that it has completed and released its 4th Quarter-end and Annual Report for 2015 and finished a profitable year. The company has also amended and reduced the conversion privileges of the Series “A” Convertible Preferred Shares into common shares from 10 billion to 100 million common shares, while maintaining its voting privileges. As a result, the number of shares outstanding calculated on a fully-diluted basis is decreased by 9.9 billion common shares.
Sebastien DuFort, president and CEO stated "The company and our strategic partners have been very diligent in seeking out revenue producing projects while management operated very lean and worked hard on reducing debt.” The Company will have a full corporate update in the very near future.
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.
Contact:
Sebastien C. DuFort
