CHICAGO, July 22, 2014 (GLOBE NEWSWIRE) -- ID Global Corp. (OTC:IDGC) is pleased to announce that it has retained Securities Counselors, Inc. (SCI), a law firm specializing in securities law, with a focus on OTC companies, to handle all corporate legal needs as well as to assist in asset recovery of current portfolio companies and help navigate the legal maze of the medical marijuana industry.
Sebastien DuFort, president and CEO, stated, "We have been working with SCI for some time and are pleased to officially bring them aboard as corporate counsel. We feel that their background in representing medical marijuana companies and their overall knowledge of OTC legal requirements will help us navigate this treacherous landscape of conflicting state and federal laws. We feel that the legal advice that we seek from SCI is imperative and critical, given the fact that while the use, distribution and growing of medical marijuana has been legalized by some states, federal law still prohibits these activities. Investors are cautioned that we are not in the medical marijuana industry at this time."
About Securities Counselors, Inc.
Securities Counselors, Inc. (SCI) is an established securities law firm specializing in advising public companies listed in the OTC market. The SCI attorneys are seasoned professionals comprising of over 70 years of practice in corporate law. SCI serves as corporate counsel for a number of public companies and provides expertise in transaction advisory, M&A negotiations, reverse mergers, corporate restructures and SEC filings.
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.
ID Global Corporation Attn: Sebastien DuFort 230 W. Monroe St., Ste. 310 Chicago, Illinois 60606 6305323625