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$IDGC NEWS! IDGLOBAL CORP. EXECUTES BLANKET ASSET PURCHASE

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TPX   Wednesday, 02/07/18 04:02:11 AM
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$IDGC NEWS! IDGLOBAL CORP. EXECUTES BLANKET ASSET PURCHASE AGREEMENT

IDGLOBAL CORP. EXECUTES BLANKET ASSET PURCHASE AGREEMENT

Lockport, Illinois -- February 6, 2018 -- InvestorsHub NewsWire -- After extensive due diligence Farallon, Inc. a wholly-owned subsidiary of IDGlobal Corp. (USOTC: IDGC) is pleased to announce the signing of a blanket Asset Purchase Agreement with an existing quality packaging equipment company, in Addison, IL. The agreement acquires the assets and existing operations at the 10,000 square-foot fully-operational facility which includes 3 quality petroleum-based filling lines and 1 water-based filling line along with a fully-integrated laboratory. The new venture will remain under the Farallon, Inc. name and has first-year projections of $1.8 million. Sebastien DuFort IDGC CEO stated, “Great step in the right direction and we will have a full corporate update in the very near future.”


https://ih.advfn.com/p.php?pid=nmona&article=76645984

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