Monday, April 17, 2017 10:34:07 AM
On March 23, 2017 The Company agreed to a Conversion and Debt Settlement
Agreement to complete the Prior obligation due to Corr Brands, Inc under an MOU and
Licensing and Distribution Agreement executed in June of 2014 which gives the
company exclusive worldwide rights to the development, sale, and distribution of “Green
Rush” Products until December of 2017. The Company and Corr Brands, Inc. is
currently negotiating extending the partnership through December 2020.
• 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
brands, but also include Green Rush and Hard Rush, to name a few. The Corr family
recently licensed the Apple Rush and Ginseng Rush Brands, The license was granted to
• bottle and sell beverages and consumer edibles with the Brands, Apple Rush & Ginseng
Rush.
http://www.otcmarkets.com/financialReportViewer?symbol=IDGC&id=169733
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