sounds great. I'm wondering how high it can go now. I was looking at the 3 year chart, and it had been around half a cent back then, spiking up there twice I believe.
10-20-2014/ ID Global Corporation Executes Definitive Agreement with World of Marihuana Productions LTD. in British Columbia Date : 10/20/2014 @ 7:00AM Source : PR Newswire (US) Stock : Idglobal Corp. (PC) (IDGC) Quote : 0.0003 0.0 (0.00%) @ 9:48AM
ID Global Corporation Executes Definitive Agreement with World of Marihuana Productions LTD. in British Columbia
CHICAGO, Oct. 20, 2014 /PRNewswire/ -- ID Global Corp. (OTC: IDGC) is pleased to announce that it has executed a definitive agreement with World of Marihuana Productions, LTD. (WMP) wherein IDGC will begin with a 7.5% income participation on all current and future operations.
WMP has projected revenues of $13.3 million US dollars for the year 2015 with a gross profit margin of over 60% and a year over year growth of 15% respectively.
Sebastien DuFort, president and CEO stated, "We are very pleased to officially partner with WMP and are excited to get to work right away on expanding their current operations.
IDGC has an enormous opportunity here as Canada continues to decriminalize its marijuana laws."
About World of Marihuana Productions, LTD. World of Marihuana Productions, LTD. (WMP) has been growing Medical Marijuana for over 5 years and currently owns and operates multiple grow operations throughout British Columbia. WMP has production capabilities to service thousands of clients with the ability to expand rapidly.
Management's knowledge and expertise in the Marijuana industry has shown steady growth in their operations since inception. http://www.worldofmarihuana.com/
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 as 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.