INSCOR, Inc. Corporation and Zion Capital Ventures Announce New Agreement
17 März 2015 - 4:27PM
Business Wire
INSCOR, Inc. Corporation (PINKSHEETS: IOGA) and Zion Capital
Ventures jointly announce that the two companies have entered into
an Agreement providing financing needed by INSCOR to fund INSCOR’s
Las Vegas-based real estate projects. Under the terms of the
Agreement, INSCOR and Zion shall cooperate such that each shall be
the recipient of up to $300,000,000 (three hundred million dollars)
in proceeds emanating from third-party financing made available to
both companies utilizing Zion’s liquidity, yet securitized through
both INSCOR’s Las Vegas-based real estate holdings and by
investment-grade bonds made available to the lender by Zion. By
cooperating with each other in this manner, both INSCOR and Zion
obtain access to financing sufficient to bring their slate of
current 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 to add 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.
INSCORRichard Krabbeler,
702-248-6901PresidentRkrabbeler@ins-cor.com
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