ID Global Corporation Issues a Shareholder Update
Bannockburn, IL -- June 7, 2016 -- InvestorsHub NewsWire
-- IDGlobal Corp. (OTC: IDGC) is pleased to provide an update
to its shareholders that includes details on current portfolio and
the direction the company is taking to create more shareholder
value.
Our current portfolio includes assets in Jack Rockwell, Inc,
NanoHydroceutical Solutions, Inc. Phyhealth Corp. (PYHH),
Physicians Healthcare Management Corp. (PHYH), Texas-Wyoming
Drilling (TWDL), SaviCorp (SVMI), and EZ4Media, Inc.
The company recently increased its common stock position in Jack
Rockwell, Inc. from 500,000 common shares to 2 million common
shares. Jack Rockwell, Inc. has structured JRIP, LLC (NV - LLC) to
hold its existing issued Patents that have a current IP Valuation
of $5.4 million and is currently working on its Licensing
Agreement
Phyhealth Corp. (PYHH) -1,000,000 common shares ownership
EZ4Media, Inc. (EZ4), a Nevada Corporation, headquartered in
Plano, Texas acquired all the technology, work-product and
Intellectual Property assets from Brightscale, Inc. and currently
holds these assets in its wholly owned subsidiary Allsearch Semi
LLC. EZ4 is a fabless semiconductor company specializes in the
design and sale of semiconductor chips while outsourcing the
fabrication or "fab" of the chips to a specialized manufacturer
called a semiconductor foundry. EZ4 also has a research and
development team located at the Politehnica University of
Bucharest, Romania. The most recent range of valuations were based
on a high, low, and expected value depending on choice of wafer fab
technology, and assumptions about the hardware and software
resources needed to execute the project are valued between $10
million US and $18.3 million US, with an expected value of $15.4
million US.
Lastly, the company is updating the Q1 2016 Financials, with
more details regarding status of holdings for Q1 and Q2 2016. The
2015 corporate tax return has already been filed and we are
diligently working with our CPA with the interview process for an
auditor.
Sebastien DuFort, Interim CEO stated "We will remain focused on
our core holdings and seeking other opportunities to provide
strategic advisory services thru FSG, Inc., as well as ascertaining
minority positions in startups, other early developmental
companies, as well as working with companies such as EZ4Media in
navigating the path to the public marketplace.
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.
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.
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