HINSDALE, Ill., Oct. 23, 2013 (GLOBE NEWSWIRE) -- ID Global Corp. (OTC:IDGC) is pleased to update its shareholders on the terms of the Letter of Intent announced earlier this year with Jack Rockwell, LLC. IDGC is currently in negotiation to increase ownership options and assist in day to day operations.
Sebastien DuFort, president and CEO, stated, "The Jack Rockwell project is accelerating and provides a substantial opportunity for IDGC and its shareholders. We are in a unique position to increase our ownership and take more of a leadership role. More terms and updates will be forthcoming."
About Jack Rockwell
Jack Rockwell Crema coffee is a company whose objective is to create a profitable, marketable, expandable business through their services and products. Jack Rockwell Crema coffee has successfully developed a unique innovative patented process producing their signature "Crema Coffee" by the cup. The main focus Jack Rockwell will be on distributing their Now Patented machine, called "The Farquest", to produce their patented coffee process, to retail coffeehouses, hotels, restaurants, sports venues, Luxury resorts and cafes across North America. Potential partners in licensees are companies such as Dunkin' Donuts, McDonald's, Peet's coffee, Coffee Bean & Tea Leafs and other independent retail locations throughout North America.
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, controlling interests in established companies as well as special situation start-ups.
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.comSource:ID Global Corporation