ID Global Corporation Signs Letter of Intent With Established Medical Marijuana Grower
July 23 2014 - 9:35AM
ID Global Corp. (OTC:IDGC) is pleased to announce that it has
signed a Letter of Intent (LOI) today to begin the due diligence
process with an established Medical Marijuana grower in Vancouver
BC, Canada. The company has been growing Medical Marijuana for 5
years. They currently own and operate multiple grow operations
throughout British Columbia. They have production capabilities to
service thousands of clients with the ability to expand rapidly.
Management's knowledge and expertise in the Marijuana industry has
shown steady growth in their operations since inception. Due to the
covenants of the LOI the company's name cannot be released until
the due diligence period is complete.
Sebastien DuFort, president and CEO stated "We have been
carefully seeking a way to enter the industry. With legalization
happening in multiple markets we wanted to partner with an
established outfit to be part of this huge opportunity. The
slated growth for Medical Marijuana is enormous and we feel this
would position IDGC to become an industry leader."
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.
CONTACT: ID Global Corporation
Attn: Sebastien DuFort
230 W. Monroe St., Ste. 310
Chicago, Illinois 60606
6305323625
Sdufort68@gmail.com
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