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.
SOURCE ID Global Corporation
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