IDIG Acquires Luna Mobile Inc. - Text Version
International Digital Holding, Inc. acquires LUNA Mobile, Inc.
For Immediate Release: November 25, 2022
On November 14th, 2022, International Digital Holding, Inc. (OTC: IDIG) completed the acquisition of LUNA Mobile, Inc., headquartered in Sarasota, Florida (www.LunaHQ.com). LUNA was acquired through a tax-free share exchange for 600 million common, voting shares of IDIG. LUNA was founded in 2014 to develop and market a line of affordable, world-class Android smartphones. LUNA has negotiated and executed a perpetual licensing agreement with Microsoft Corporation to be protected under its global patent portfolio.
Safe Harbor: This document contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainty, including without limitation, the ability of the Company to successfully implement its strategic plan. Although the Company believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this letter will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as representation by the Company or any other person that the objectives and plans of the Company will be achieved. In assessing forward-looking statements included herein, readers are urged to carefully read those statements. When used in the Annual Report on, the words "estimate," "anticipate," "expect," "believe," and similar expressions are intended to be forward-looking statements.
Investor Relations: [email protected]
Website: www.digitalholding.com
SOURCE 2022 International Digital Holding, Inc.