Physicians Healthcare Management Group, Inc. ("PHYH") to Pursue New Business Model
31 1월 2014 - 10:00PM
Physicians Healthcare Management Group, Inc.
(OTC:PHYH) announced today that it has decided to pursue a new
business model to focus its management capabilities to industries
beyond healthcare. To support this strategy, PHYH has reorganized
its management and operating activities.
Robert Trinka, Chairman and CEO of PHYH, stated that, "we are
seeking to partner and invest in companies with the right
foundational and growth characteristics that are operated by "hands
on" managers with close ties to their businesses. We intend to
build a diversified portfolio of operating companies, and we will
rely on the current management of the companies to grow and develop
their operations with our support." He added, "the overarching
objective is to create an operating platform that will deliver
strong growth and provide an opportunity to create value."
To support this strategy, PHYH has retained ID Global
Corporation (OTC:IDGC) (IDGC). Sebastien DuFort, CEO of IDGC
stated, "IDGC and its management team and financial relationships
will contribute its background in managing and supporting business
enterprises and ten years' direct experience running small public
companies." Mr. DuFort added, "I am extremely pleased to be part of
the new PHYH and to help develop exciting opportunities with
operating companies that have a need to raise capital, but may not
have the public company management knowledge, experience and
financial resources to 'go public' on their own."
PHYH's immediate plans include concentrating on updating its
financial statements, including audits; and building on its
previous Form 10 filing, to qualify PHYH for trading on the OTC:BB
markets.
About Physicians Healthcare Management Group,
Inc.
Physicians Healthcare Management Group, Inc. (PHYH) is
positioned as a holding company that focuses on investing its
management and capital resources in early-stage growth companies
that seek to benefit from becoming a public company, but lack the
public company management expertise and financial resources to
operate a fully reporting, publicly traded company on their own.
PHYH will target companies that have the right growth and profit
characteristics covering a wide range of industries.
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 as controlling interests in established
companies and 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 Physicians Healthcare Management, Inc. 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
Robert Trinka, CEO
Physicians Healthcare Management Group, Inc.
305-607-0741
rtrinka@phyhealth.com
ID Global (CE) (USOTC:IDGC)
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ID Global (CE) (USOTC:IDGC)
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