INSCOR, Inc. Corporation and Zion Capital Complete First Tranche of Previously Announced Exchange
Filing Services Canada XHTML - Wed Apr 15, 8:17AM CDT
INSCOR, Inc. Corporation and Zion Capital Ventures Establish Joint Account
Filing Services Canada XHTML - Thu Mar 26, 8:03AM CDT
INSCOR, Inc. Corporation and Zion Capital Ventures Advance Toward Obtaining Financing
Filing Services Canada - Tue Mar 24, 8:01AM CDT
INSCOR, Inc. Corporation and Zion Capital Ventures Advance Toward Obtaining Financing Las Vegas, Nevada (FSCwire) - INSCOR, Inc. Corporation (PINKSHEETS: IOGA) and Zion Capital Ventures announce this morning that the two companies have entered into a binding Exchange Agreement, according to the terms of which Zion Capital Ventures shall provide INSCOR with $700,000,000 (seven hundred million dollars) worth of fixed income investment-grade bonds, in exchange for the equivalent value of INSCOR convertible Preferred shares, with the exchange to be effected upon INSCORs Board of Directors authorizing the issuance of a new Preferred series of stock. According to INSCOR Chairman Keith McAllister, the approval of a Board of Directors resolution authorizing said issuance is imminent. Consummation of the Exchange will significantly strengthen INSCORs balance sheet, allowing the third-party lender greater comfort in providing the previously-announced secured financing. 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, INSCORs 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 (mailto:Rkrabbeler@ins-cor.com) Or visit the companys website at www.ins-cor.com (http://www.ins-cor.com) About Zion Capital Ventures: ZionCapital Venturesspecializes in offering venture capital and private placementsfor self-directed and fixed income product-focused clients. Zion Capital Venturesclients 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 Zions innovative private placementplatform. In addition, Zion Capital Venturesaffiliates 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 (tel:1%28800%29547-1263)or(929)777-2201 (tel:%28929%29777-2201). To view this press release as a PDF file, click onto the following link: http://www.fscwire.com/sites/default/files/ne...242015.pdf Source: INSCOR Inc. Corporation (OTC Pink:IOGA) Maximum News Dissemination by FSCwire. http://www.fscwire.com Copyright(C)2015 Filing Services Canada Inc.
INSCOR, Inc. Corporation and Zion Capital Ventures Announce New Agreement
Filing Services Canada XHTML - Tue Mar 17, 10:33AM CDT
INSCOR, Inc. Corporation Announces Joint Cooperation Agreement
Business Wire - Tue Nov 04, 8:37AM CST
INSCOR, Inc. Corporation (PINKSHEETS: IOGA) Chairman Keith McAllister announced this morning that INSCOR has entered into a Joint Cooperation Agreement with Skyjet Airways Private Limited. According to the terms of this binding agreement, INSCOR shall make the cash-backed collateral whose receipt it announced on October 31, 2014 available to Skyjet, and Skyjet shall in turn provide INSCOR with access to its confirmed lines of credit. By cooperating with each other, both INSCOR and Skyjet are each able to access up to $50 million in secured debt financing, to be used for the roll-out of their business plans and the expansion of their offered products and services.
INSCOR, Inc. Corporation Financing News
Business Wire - Fri Oct 31, 3:54PM CDT
INSCOR, Inc. Corporation (PINKSHEETS:IOGA) announced today that its bank, a major money-center lender, has confirmed receipt of sufficient cash collateral from a top-25 world bank necessary to further finance the Company's FIT (Financial Insurance Trust) business. This represents a major milestone in the rolling-out of INSCOR's business plan. INSCOR Chairman Keith McAllister today stated: "We are very pleased to see that our model is now poised for accelerated growth, as planned. The receipt of this cash collateral allows us to move forward toward providing our clients with the unique portfolio of products we proudly offer".