CHICAGO, Sept. 2, 2014 (GLOBE NEWSWIRE) -- ID Global Corp. (OTC:IDGC) is pleased to provide an update regarding the LOI announced on July 23, 2014. IDGC has fulfilled its obligation related to the funding of the LOI and the business plan and definitive agreement are in final attorney review.
Sebastien DuFort, president and CEO, stated, "We are excited to have the first obligation out of the way and now moving into the next phase with this grower. The IDGC team is confident that we can now finalize and update shareholders accordingly."
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 controlling interests in established companies and 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