HINSDALE, Ill., June 19, 2013 (GLOBE NEWSWIRE) -- ID Global Corporation (OTC:IDGC) a diversified holdings company with a focus on emerging and middle market investment opportunities in North America, today announces Letter of Intent which contemplates an Exchange of Capital Stock and Secured Debt of ID Global for the outstanding membership interests of Jack Rockwell, LLC.
ID Global Corp. is investing in emerging and established public and private companies that would benefit from the advantages of having the resources and expertise regarding Management, Finance, Social Media, and both Consumer products and Eco-Friendly processes. The company is positioning itself as being a catalyst between these companies to raise and infuse capital when required, and utilizing a strict criteria and selection process will mitigate risk and allow the company to build and maintain a diversified portfolio.
Sebastien DuFort, president and CEO stated "We look forward to integrating this special situation start-up into our business model by the end of July 2013."
About Jack Rockwell
Jack Rockwell Créma coffee is a company whose objective is to create a profitable, marketable, expandable business through their services and products. Jack Rockwell Créma coffee has successfully developed a unique innovative patented process producing their signature "Créma Coffee" by the cup. The main focus Jack Rockwell will be on distributing their Patent Pending machine , called "The Farquest", to produce their patented coffee process, to retail coffeehouses, hotels, restaurants', sports venues, Luxury resorts and cafés across North America. Potential partners in licensees are companies such as Dunkin' Donuts, McDonald's, Peet's coffee, Coffee Bean & Tea Leafs and other independent retail locations throughout North America.
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.
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.