IDGLOBAL CORP. EXECUTES BLANKET ASSET PURCHASE AGREEMENT
February 06 2018 - 12:59PM
InvestorsHub NewsWire
IDGLOBAL CORP. EXECUTES BLANKET ASSET PURCHASE
AGREEMENT
Lockport, Illinois --
February 6, 2018 -- InvestorsHub NewsWire
-- After extensive due diligence Farallon, Inc.
a wholly-owned subsidiary of IDGlobal Corp. (USOTC:
IDGC) is pleased to announce the signing of a blanket
Asset Purchase Agreement with an existing quality packaging
equipment company, in Addison, IL. The agreement acquires the
assets and existing operations at the 10,000 square-foot
fully-operational facility which includes 3 quality petroleum-based
filling lines and 1 water-based filling line along with a
fully-integrated laboratory. The new venture will remain
under the Farallon, Inc. name and has first-year projections of
$1.8 million. Sebastien DuFort IDGC CEO stated, “Great step
in the right direction and we will have a full corporate update in
the very near future.”
About IDGlobal Corp.
ID Global Corporation (IDGC) is a
diversified holdings company with a focus on emerging and middle
market investment opportunities Worldwide. IDGC seeks, through debt
and equity investments, controlling interests, joint ventures and
licensing agreements with established companies within the Medical
Marijuana, Consumer and Industrial Products Packaging
Industries.
About Farallon, Inc.
Farallon, Inc. will handle the
complete Curation, Completion, and Launch of various
consumer and industrial products. We will procure the Creative
Development and Physical Development to see the product created and
produced. We will introduce and facilitate initial and ongoing
E-Commerce sales. The Farallon, Inc. team will oversee and direct
the services of Design and E-Commerce Professionals to achieve the
goals of these products. The Company will continue establishing its
customer base throughout North America.
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 or changes to future operating
results.
Contact:
Sebastien C. DuFort, CEO
IDGlobal Corporation
Website: www.idgreencorp.com
Email: idgreeninfo@gmail.com
Phone: 630-956-6077
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