HINSDALE, Ill., Dec. 16, 2013 (GLOBE NEWSWIRE) -- ID Global Corp. (OTC:IDGC) has received interest from a private investment group regarding an equity position or financial partnership. As a show of good faith the group has invested $75,000, under a conventional debt structure, and has entered into a due-diligence period.
Sebastien DuFort, president and CEO, stated, "IDGC is garnering more attention regarding our new business strategy and we look forward to working with this group. We will provide further details related to this transaction and progress as the due-diligence period continues and potentially announce an offering for the first quarter of 2014."
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, controlling interests in established companies as well as special situation start-ups.
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 DuFort, CEO
ID Global Corporation
Source: ID Global Corporation