INSCOR, Inc. Corporation Financing News
October 31 2014 - 4:54PM
Business Wire
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”.
About INSCOR, Inc.
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. A 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.
INSCOR, Inc.Richard Krabbeler,
702-248-6901PresidentRkrabbeler@ins-cor.comwww.ins-cor.com
Oicintra (PK) (USOTC:OICT)
Historical Stock Chart
From Dec 2024 to Jan 2025
Oicintra (PK) (USOTC:OICT)
Historical Stock Chart
From Jan 2024 to Jan 2025