ID Global Corporation Provides Corporate Update on Jack Rockwell Inc.
January 16 2014 - 9:55AM
ID Global Corp. (OTC:IDGC) is pleased to provide a corporate update
on our interest in Jack Rockwell, Inc. (JRI). As previously
released, IDGC has exercised its option to acquire 5% ownership of
JRI. IDGC has also been granted first right of refusal on all
future offerings and is contemplating an additional 5% in the very
near future.
The following should serve as a summary on the merits of our
investment into JRI:
- JRI has developed a coffee brewing process which brews American
style coffee one cup at a time, grinding the exact amount of whole
beans producing a full-bodied cup of coffee all in 20 seconds at
the touch of a button (coffee beans lose up to 40% of their natural
flavor once they are ground).
- This Patented Process (issued to principals of JRI) is called
'Créma Coffee' and is produced using a Patented Brew Chamber
(Issued Apparatus Patent) on our machine called "The Farquest".
- JRI's Issued Patented method of producing coffee is one of only
four coffee method process Patents that exist.
- The other Coffee Method Process Patents are: -- Espresso patent
was issued in 1822 -- Instant coffee patent was issued in
1901(1894) -- Decaffeinated Coffee patent was issued in 1904
- JRI is currently engaged in extensive due diligence using two
of its machines, one with a coffee distribution company out of the
Pacific Northwest that has an existing office-based business and
wants to integrate JRI technology into other industry segments for
different demographics. A second machine is in New York going
through various testing and due diligence with a Canadian-based
Engineering firm to further refine the uses of the patented JRI
technology.
- JRI is exploring licensing opportunities for the patents as
well as the manufacturing of additional machines for the commercial
retail markets. JRI is also expanding its R+D into a home
version of its patented technology.
Gil Garcia, one of the principals of JRI stated, "Sebastien
DuFort and IDGC have been very supportive through all of our
efforts thus far and remains an essential resource for JRI. We are
looking forward to a long and prosperous relationship with
Sebastien DuFort and his team."
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.
CONTACT: Sebastien DuFort, CEO
ID Global Corporation
Tel: 630.532.3625
Website: www.idglobal-corp.com
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