Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

INSCOR, Inc. Corporation and Zion Capital Ventures Advance Toward Obtaining Financing

OICT

INSCOR, Inc. Corporation and Zion Capital Ventures Advance Toward Obtaining Financing



Las Vegas, Nevada (FSCwire) - Further to the announcement made on Tuesday, March 17, 2015, INSCOR, Inc. Corporation (PINKSHEETS: IOGA) and Zion Capital Ventures are pleased to announce that INSCOR’s corporate counsel has verified, directly with Zion Capital Ventures’ bank, that Zion Capital Ventures’ current balances on deposit at that top-3 U.S. money center bank are in excess of $700,000,000.00 (seven hundred million dollars).  Now that Zion Capital Ventures’ liquidity has been verified, INSCOR and Zion can jointly move forward with the third-party lender toward successfully consummating the proposed secured financing arrangement. INSCOR Chairman Keith McAllister stated this morning: “This is an important day for INSCOR, as we continue to build momentum in our push to expand into additional areas of interest. We are delighted that our relationship with the professionals at Zion Capital Ventures is beginning to bear fruit in such an expedient manner, and we look forward to bringing this project, as well as future projects, to fruition”.

 

About INSCOR, Inc.:

 

In its core business, INSCOR, Inc. specializes in the creation and implementation of flexible and effective insurance solutions for organizations serving as many as tens of millions of members across the globe. In the U.S., the Company markets its FIT OPEB plan to municipalities and corporations as a low-cost solution to funding retiree and other employee benefits. In addition, INSCOR’s Financed Insurance Trust plan variation also works for affluent individuals, entertainers and professional athletes -- whether for estate planning or funding cash flow needs. INSCOR's strategy uses a combination of favorable financing terms, innovative uses of specific life insurance products and trusts -- all of which result in minimum levels of out-of-pocket costs for producing significant future funding and revenue stream opportunities. More recently, INSCOR has diversified its holdings and activities to include a broader range of non-insurance interests geared toward adding increased shareholder value.

 

For more information about INSCOR, contact:

 

Richard Krabbeler, President

 

(702) 248-6901

 

Rkrabbeler@ins-cor.com

 

Or visit the company’s website at www.ins-cor.com

 

About Zion Capital Ventures:

 

Zion Capital Ventures specializes in offering venture capital and private placements for self-directed and fixed income product-focused clients. Zion Capital Ventures’ clients invest in stocks, bonds, mutual funds, charitable trusts, FDIC-insured certificates of deposit, and exchange-traded funds through a financial representative, or by bidding  on Zion’s innovative private placement platform. In addition, Zion Capital Ventures’ affiliates and partners work closely together to meet clients’ venture capital and private banking needs by facilitating money market, checking, charitable remainder trusts and other high-yield banking products via its institutional relationships. For more information about Zion Capital Ventures, please call 1(800)547-1263 or (929)777-2201.



To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/INSCORMar192015.pdf

Source: INSCOR Inc. Corporation (OTC Pink:IOGA)

 

Maximum News Dissemination by FSCwire. http://www.fscwire.com

 

Copyright © 2015 Filing Services Canada Inc.







Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today