CHICAGO, Jan. 5, 2015 /PRNewswire/ --
Fellow Shareholders,
As we move into 2015, I would like to take this time to provide
a detailed look at our current portfolio. Our focus remains
on reducing overall debt and seeing returns on our 2014
investments.
Current Portfolio of Public Companies:
Phyhealth Corp. (1 million common shares – current
market value $40,000)
Physicians Healthcare Management Group (29,500,000
common shares increased 21,600,000 shares in Q4 – current market
value: No Market).
Texas Wyoming Drilling Inc. (7 million common
shares – current market value $10,500) – Texas Wyoming Drilling Inc.
has recently participated in a Medical Marijuana transaction which
included the following companies (Gear International Inc.,
Halberd Corp., IJJ Corp., Central Wireless Inc., Texas Wyoming
Drilling Inc., and Encounter Technologies Inc.)
United Treatment Centers Inc. (50 million
common shares – current market value $10,000)
Jack Rockwell, Inc.: (9.9%
of the company) We are in negotiations with PHYH to acquire IDGC's
equity stake as a dividend to its shareholders in early 2015.
IDGC has retained counsel for the transaction to file a Form 10,
update financials, and file a 15c-211 to revive PHYH as a
publically traded company. IDGC has also interviewed and
selected between two engineering firms to build the new updated
version of the patented machine.
World of Marijuana: WOM has projected revenues of
$13.3 million US dollars for the year
2015 with a gross profit margin of over 60% and a year over year
growth of 15% respectively, IDGC will begin with a 7.5% income
participation on all current and future operations.
Green Rush: The new Green Rush ground coffee products in
two flavors Red and Green Dragon are available this month through
internet sales only. Discussions with nationwide chain of
convenient stores have commenced. The gross profit revenue on
single bags sales over the internet will start this month.
IDGC has also committed to an ownership stake in Corr Brands, Inc. through a private placement
memorandum.
Fluid Solutions Group, Inc. (FSG): entered into a funding
agreement with Alpha Energy, Inc. (AEI) to establish crude oil and
natural gas production on their 1,100 +/- acres of oil and gas
leaseholds in Morgan County,
Tennessee.
Preliminary estimates: 30-60 BOPD/2WELLS Est.
Annual Gross for project between $750,000
and $1,500,000, which IDGC would receive 20%.
In closing, we are aggressively seeking liquidity events on both
our public company investments and our private holdings to protect
our interests and seek a significant return to better enable
supporting IDGC's revenue producing projects. This is an
update for noteworthy items, a complete update will follow in the
annual report. We believe 2015 will be a banner year, and
thank you for your continued support.
Sincerely,
Sebastien C. DuFort
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.
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SOURCE ID Global Corporation