ID Global Corporation Acquires Preferred B Shares Of Ticker Symbol PHYH
HINSDALE, Ill., Sept. 11, 2013 (GLOBE NEWSWIRE) -- ID Global Corporation (OTC:IDGC), a diversified holdings company with a focus on emerging and middle market investment opportunities in North America, today announced that in an effort to diversify, and have alternative investments the company has acquired 198,385 Preferred B Shares of a public company, Physicians Healthcare Management Group, Inc. The Preferred B shares are non-voting and convertible in to common shares, which are currently tradable. This of course also enhances our balance sheet as it provides us with liquidity for our operations.
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, 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
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts