IDGLOBAL'S BOARD
ANNOUNCES A SPECIAL STOCK DIVIDEND PAYABLE TO
HOLDERS OF IDGLOBAL'S COMMON
STOCK.
Lockport,
Illinois -- February
9, 2018 -- InvestorsHub NewsWire
-- The Board of
Directors of IDGlobal Corp., a Colorado
corporation (USOTC:IDGC)
("IDGC"),
is
today
pleased
to announce the declaration of a special
dividend
in the form of common stock of Encounter
Technologies, Inc.,
a
Colorado corporation (US.ENTI.PK) ("ENTI"),
to the
holders of IDGC's common stock as at
February 23, 2018
("Record
Date").
The holder of
each one share of IDGC's common stock on the
Record Date will receive one share of common stock in ENTI. IDGC is
today notifying the Financial Industry Regulatory Authority
("FINRA")
of the occurrence of this corporate action (the "Dividend"),
under
which the Dividend will be distributed
following FINRA's review and approval
of the same.
The Dividend
has been made possible by Sebastien DuFort, IDGC's
Chairman and Chief Executive Officer. Mr. DuFort, by virtue of
his
prior
dealings
with ENTI,
has
entered into an agreement with IDGC and ENTI;
whereby, he delivered certain
of the shares he owns in ENTI to IDGC for distribution to and for
the benefit of IDGC's
shareholders. Mr. DuFort
stated, "My interest is and
always has been to fully-develop IDGlobal to its maximum potential
for the benefit of its shareholders. ENTI has gone
through some tough times, but under its present management over the
past couple of years, and because of a collaborative effort between
IDGC and ENTI, I think we can develop a comprehensive plan of
operations that will best serve our shareholders and others having
business with IDGC, ENTI, and their respective
subsidiaries".
IDGC,
ENTI,
their
subsidiaries and direct coventurers, respectively
and
collectively
seek
safe-harbor in accordance with the provisions of the Private
Securities Reform Act of 1995 for certain forward-looking
statements made by any of them
in this announcement, as the same are
defined in Section 27A of the
Securities Act of 1933, as
amended, and section 21E of
the Securities Exchange Act of 1934, as
amended. A forward-looking
statement is defined as a statement that
cannot sustain itself as merely a historical fact. A
forward-looking statement predicts, projects,
or uses
future events as expectations or possibilities. These statements
can often be misleading, as they can be
mistaken for factual statements, while the
issuers
are,
in fact, speculating.
Title
15
Section 78u-5 of the United States
Code defines a forward-looking
statement as including
overly
optimistic views as to a company's future economic
performance, such as revenues or
income, plans for future
operations, or use of a report
written by an outside reviewer. Certain terms or
phrases indicate the use by an issuer of forward-looking
statements, such as
any tense
from present to future or similar inflection of
words
comparable to
"believe",
"estimate",
"anticipate",
"plan",
"predict",
"may",
"hope",
"can",
"will",
"should",
"expect",
"intend",
"is designed
to",
"with
the intent",
"potential",
the
negative of these words or such other variations thereon or
comparable terminology, may indicate
forward-looking statements;
however, the absence
of these
terms or phrases does not mean that a
statement is not forward-looking.
IDGC's
Plan of Operations.
IDGC
is
an
emerging growth company under
the JOBS Act of 2012 and, as a
diversified holding
company, will
focus on
emerging and middle market international
investment
opportunities. IDGC
is
evaluating the acquisition of interests,
joint
ventures, and licensing
agreements with qualified
companies
within the medical
marijuana,
consumer,
and
industrial
products-packaging
industries.
IDGC's
Board of Directors has established
a plan of
operations that includes IDGC's
current, active,
and
ongoing business operations, together with
the
operations of certain
pending
acquisitions it can
demonstrate under contract, or
as being
work-in-progress.
This plan of
operations also includes
collaboration with ENTI in the commerce of real
estate, retail
operations, and state-licensed
cannabis dispensary and
growing operations in California and Oregon as ENTI's doing or in
association with IDGC's joint-ventures, Monochrome Corp. and Azure
Blockchain Inc.
IDGC's
current
operations include the conduct of
existing respective operations through
its totally-held subsidiary, Farallon, Inc.
("Farallon"), and through
Prestige Liquids, LLC ("Prestige"), Monochrome Corp.
("Monochrome"), and Azure Blockchain Inc. ("Azure").
About
Farallon.
Farallon has
been in the business of marketing high-quality coffee beans from
Caf La Fortuna and private labeled coffee for Harbour
Trading
Co. (www.harbourtrading.com),
an internet-based chef-selected seafood meal service, that was
listed as one of Oprah's Favorite Things
on
Oprah's Christmas List 2017. Harbour
also
services various specialty retailers and foodservice
operations.
Recently,
Farallon delivered
a
blanket asset
purchase
agreement with an
existing quality packaging equipment company, in Addison,
Illinois.
That
agreement
represented
Farallon's acquisition
of the assets and
existing operations at a 10,000 square-foot
fully-operational facility, which includes
three
quality
petroleum-based filling lines and one
water-based filling
line along with a fully-integrated laboratory. The facility also
includes and tank storage. The
new venture will remain under the Farallon name and
Farallon
projects its calendar 2018 revenue to be $1.8
million.
Farallon
is also
engaged in a partnership with
Thompson
Global Solutions, Inc. ("TGS").
TGS is the owner of the
trademarked name and logo for petroleum products
marketed
under the Extreme
brand.
Farallon's
participation represents an undivided 50% interest in TGS'
products. The partnership between Farallon and TGS will
utilize both companies'
strengths. Farallon
will produce and package
the products, and TGS will build and maintain
the
e-Commerce site, as
well as to further
build the
Extreme brand throughout North America.
About
Monochrome.
Monochrome is
unique and current in today's marketplace. Monochrome's business
model incorporates two high-growth markets to create an exciting
multi-channel business opportunity within IDGC's distribution
network. This includes traditional brick-and-mortar channels as
well as by Monochrome's utilization of e-commerce technologies and
emerging pipelines to capitalize on the new developments in today's
CBD market.
Monochrome's
Board of Directors know that the CBD market is driven by health
concerns and expanding product awareness. By combining the
two under a single
business model, Monochrome can
expect to meet market demand by introducing a multitude of
products. IDGC
anticipates that
Monochrome's initial development of a cold-brewed CBD product is to
be sold in an 8.4 oz. bottle and in a 2.4 oz. "shot
size" and
will be a
creative step in today's CBD market. Moreover, by Monochrome's
exploitation of its products,
it expects to
attract
partners
for other products in the hemp and CBD channels
that will
expand as Monochrome's product development increases.
Monochrome's Board of
Directors estimate that by the company's utilization of
traditional and
contemporary delivery methods (through its
partners,
such as beverage and food
distributors), will best serve its
development. Monochrome's use of non-traditional
distribution
and delivery channels
(such as
brokers
who will drive business in health care, universities, and health
awareness markets) would be
equally
impressive.
About
Azure.
IDGC's Board of
Directors anticipates that
Azure will in future
leverage
its blockchain, real estate, and business assets and
relationships. Azure's
development, use,
and
adaptation of blockchain technology is expected to
be
groundbreaking; principally, because blockchain technology
is cryptographically
secure, it shares record of transactions, and is updated by a
network of computers instead of a central authority. Every
transaction within the system will be secure, time-stamped, and
linked with previous and subsequent transactions that can be seen
by anyone with access to a given blockchain. Moreover, the
technology has the potential to be ideal when it comes to
simplifying complicated transactions and helping to digitally track
physical assets, such as electricity, as they make their way from
point A to point B. Azure's management is convinced that this
potential makes the technology very attractive to large utilities
and scrappy energy startups alike, because blockchain can be used
to monitor energy consumption and trading alike. Moreover, Azure
will incorporate technology can be used in conjunction with
Internet-of-Things technology to better measure electricity usage
and collect payments. I can see where this could also help
consumers see where electricity is coming from and whether, for
instance, it is from a renewable source. I was impressed when you
told me that Azure's blockchain technology could be used by large
electricity customers to help trade energy between them. It is
conceivable that a factory could sell or trade its unused power to
another factory that needs it.
About
Prestige.
Prestige
recently teamed up with New World Sales Corp. to focus on a new
premium motor oil product to be marketed to
the customers
and
network of Glenn Electric
(www.glennelectric.com)
throughout North America, as well as signing a new production
contract with Naturologyx,
a water-based organic fertilizer.
About
TGS and Squad Leaders.
Ben Thompson,
TGS' CEO, is a Marine and specializes as an integrator in
technology
solutions
systems.
Throughout his
various tours as in the Marine Corp, he has
implemented
humanitarian
group-up construction
projects. Now
a
civilian, he continues his
work by hiring
members
of our nation's military community. TGS is an
SBA-Certified Veteran
Owned Small Business that actually
operates as
a
full-service enterprise IT Solution and construction
management consulting provider. TGS focuses on Health IT,
testing
services, and global
construction management services company.
TGS has capabilities ranging from integration services to advisory
systems to IT strategy services. TGS, through Mr.
Thompson, established Squad Leaders (www.squadleaders.org), and IRS-qualified
501(c)(3) non-profit, which is dedicated to
successfully transitioning American veterans from military life
back into their communities by providing high-quality career and
personal mentoring, engaging community programs, and energizing
social activities.
Collaborative
Development with ENTI.
In addition to
its existing business operations and plan of operations,
IDGC has been negotiating
with ENTI
to
collaborate on the
acquisition of 15 restaurants in
Utah, a hotel in Utah, and the five office buildings in Las Vegas,
Nevada. Presently, IDGC and
ENTI's Boards of Directors are determining the placement and
allocation of the hotel, the restaurants, and the office buildings
between the companies.
About
ENTI.
ENTI,
fictitiously known as
Carnegie Investment Corp. and, by and through its current and
former subsidiaries, CyberCastingCorp.com, CybAirCorp, Encounter
Technologies, Inc. (Florida), Camera Crew Inc., Entertainment
Cruises International, Inc., and RTR Media Inc., is a company
that formerly
specialized in social
media, video technology, and online streaming solutions.
Since
February 2017, ENTI has been in the process of
effecting a corporate restructuring program; whereunder, the
company is repositioning itself and discontinuing its negligible
operations and disposing of its underperforming assets.
As a segment of
its restructuring program, the company will be evaluating its
position with respect to its joint ventures and other transactions
with third-party public company affiliates. ENTI is in the
process of filing certain
applications and documents with various state and federal
regulatory agencies and with self-regulatory agencies
in order
to seek the necessary
approvals and effect its overall restructuring program.
During its
restructuring program, the company will be introducing its new
website (www.enticolorado.com)
to better
inform its shareholders, investors, and the public of recent and
proposed recent developments; particularly, in
respect of its dealings with IDGC.
The overall
restructuring program is underway. To that
extent, ENTI has been in negotiations with several marijuana
dispensaries and grow farms in California, Oregon, and Colorado.
ENTI's Board of Directors anticipates that it may partner with
IDGreen Corp, an IDGC subsidiary, or with Monochrome.
Capital
Requirements by the Issuers.
IDGC and ENTI,
including their select respective subsidiaries, will be going to
the Crowd for registered funding pursuant to the SEC's Regulation
CF. Thereafter, the
respective Boards of Directors of IDGC and ENTI anticipate the
registration of their securities under the Securities Act of 1933
or by qualifying for an exemption under Regulation A by the end of
2018's first calendar quarter. By utilizing these methods, the
companies' boards of directors
desire to
eliminate debt that is carried on their books and to payoff all
mortgages and liens against the companies' properties, business,
and assets then
to-date. The companies also
intend to register all of
the
common voting and preferred securities then issued and
outstanding. It is the intent
to effect
the
foregoing with minimum dilution to the existing shareholders of
both companies.
Contact
Information:
Sebastien C.
DuFort, CEO
IDGlobal
Corporation
Website:
www.idgreencorp.com
Email:
idgreeninfo@gmail.com
Phone:
630-956-6077