Replies to post #77741 on IDGlobal Corp (IDGC)

[ducktor]

IDGCers will get the same ownership in the second company.....stay tuned this is going to get very interesting....imo.

[GBRO]

Always appreciate your DD. What's your thoughts on the effective date and exchange of certificates is approved?

[GBRO]

Looks like you're right. This link is from the PR this morning.

http://gouldinglaw.com/our-practice/corporate-law/

The IDGCers are in good hands and they will be automatically become the owners
with the Parent company IDGC is merging with.....imo
In my opinion this what is going to happen once Finra approve which will eventually happen
These are the steps to achieve the tax-free (under section 368(a)(1) of the Internal Revenue Code) merger/reorganization, conforming to Section 251(g) of the Delaware General Corporation Law as a shell cleanup tool – eliminating corporate debt and potential debt.