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Strategic Transaction to Deliver Financial Leverage for IDGR through Real Estate Assets, Bolivian Mining Assets, and Technology Platforms
ANDERSON, SC and FT. LAUDERDALE, FL – March 18, 2026 – TheNewswire - Ideal Group of Companies, Inc. (OTC: IDGR) (“IDGR”) has acquired Hospitality Development Group (HDG) in an all-stock transaction. This transformative acquisition positions IDGR for significant growth and enhanced shareholder value in a multi-asset transaction that encompasses a diversified portfolio of assets designed to provide financial leverage to support IDGR's expanding operations, including its Oxygen Mortgage subsidiary.
The acquisitions represent a landmark opportunity for IDGR to accelerate its growth trajectory through the strategic integration and development of premium real estate developments, precious metals mining rights, and innovative technology platforms that align perfectly with IDGR’s vision for diversified value creation.
Hospitality Development Group, Inc.
Hospitality Development Group (HDG) is a real estate development company based in Ft. Lauderdale, Florida (hdgusa.com ). HDG is experienced and dedicated to the development of hotels, resorts and residential developments which successfully meet the financial, aesthetic, and operational objectives.
Hospitality Development Group, Inc.’s winning formula for a quality product begins with quality management, creativity and entrepreneurial effort. The principals of HDG were founding members and owners of various high profile development projects including the oceanfront W Fort Lauderdale Resort and Residences (517 hotel & condominium hotel units), The Infinity at Brickell in Miami, FL, a 56-story, 470-unit hi-rise condominium tower in downtown Miami, FL and The Europa by the Sea, a 50-unit luxury oceanfront condominium tower in Lauderdale-by-the-Sea, FL. HDG principals are also the founders of the Palazzo del Lago Resort project to be developed in Orlando, Florida.
HDG also provides advisory and consulting services for all types of real estate development projects and assists in the procurement of commercial debt and equity financing.
Premier Real Estate Development Opportunities
The transaction includes two strategically positioned real estate projects that represent exceptional value and growth potential for which IDGR is seeking financing.
Palazzo del Lago Resort (Florida) – This world class mixed-use resort project known as Palazzo del Lago Resort in Orlando (“The Resort”) to be developed in Orlando, Florida upon project funding and site acquisition. This will be one of the country’s most prestigious world class hotel and resort-residential destinations. The project shall include 1,552 luxury rooms and suites in the main Resort Building and Tower 1 (Phase I). It will also include 800 resort villas in four 18-story Villa towers (Phases II and III). The Resort is designed in the classic Italian Renaissance style of architecture and interiors. This will be one of Orlando’s few lakefront resorts featuring water sports, world class health spa, multiple signature restaurants and beverage outlets and state of the art conference and banquet facilities. The project has an agreement in place with Orange County to be designated as an Orange County Convention Center Hotel. The Resort will be a world class facility which shall be branded and managed by a world-renowned hotel chain. Visit the website at: www.palazzodellago.com
Arden Mills Development (Massachusetts) – This project is located on the same site as The Falls at Arden Mills condominium project previously developed by Global PDC. It is located in Fitchburg, MA. The new parcel to be developed is 7 acres and runs along a beautiful backdrop of the Nashua River. The Arden Mills project will consist of 156 rental units which will capitalize on the multi-family demand that is happening in the Fitchburg area. The site was previously granted the required permits at all levels for the 156 apartment units. Additionally, engineers and city personnel have expressed full cooperation for a fast re-permitting process for the 156 units.
Natural Resources Division: Bolivian Gold Mine
Expanding IDGR's portfolio into precious metals, the acquisition, after appropriate due diligence, shall include gold mining and other mineral rights concessions in Bolivia.
This strategic asset provides direct exposure to one of the world's most valuable commodities and diversifies IDGR's revenue streams into the natural resources sector. With gold prices skyrocketing over the past few years and global demand continuing to rise, this mining operation represents both immediate value and long-term growth potential.
Technology and Innovation Assets
The transaction further strengthens IDGR's technology capabilities through three dynamic platforms:
Virtual HealthMD – An innovative telehealth platform that capitalizes on the explosive growth in healthcare delivery providing physician access 24 / 7 to its subscribers via telehealth. This asset provides IDGR with exposure to one of the fastest-growing sectors in the American healthcare economy.
Virtual PetMD - An innovative telehealth platform that capitalizes on the explosive growth in pet care delivery providing veterinarian access 24 / 7 to its subscribers via telehealth. The pet care industry provides IDGR with exposure to one of the fastest-growing sectors today.
Virtual365.app is a next-generation, decentralized platform that empowers creators and fans to host, participate in, and monetize immersive virtual events. From live concerts and fan meet-and-greets to workshops and exclusive experiences, Virtual365.app puts control, ownership, and revenue back into the hands of creators, powered by Web3 technology.
Strategic Value and Growth Catalyst
These transformative acquisitions deliver multiple strategic advantages to IDGR and its shareholders. IDGR intends to facilitate the funding required to commence development of the real estate projects and commence operations of the technology opportunities.
Charles Cardona, Chief Executive Officer of Ideal Group of Companies, Inc., stated: "This is truly a watershed moment for IDGR and our shareholders. The acquisition of this exceptional portfolio of assets represents a quantum leap forward in our strategic evolution. We are not simply acquiring properties and businesses – we are acquiring financial leverage, market positioning, and growth engines across multiple high-value sectors. The Palazzo del Lago project alone represents the kind of premium, visionary real estate opportunity that can define a company's trajectory. Combined with our gold mining operations, affordable housing portfolio, and cutting-edge technology platforms, we are creating a diversified powerhouse built for sustainable growth and exceptional shareholder returns. This transaction validates our strategy and positions us to execute on opportunities that were previously beyond our reach."
Jerrold R. Krystoff, Chairman and Chief Executive Officer of Hospitality Development Group commented: "We are thrilled to complete this transaction with IDGR. We believe IDGR's vision for leveraging these assets to drive growth and create value represents a win-win opportunity for both organizations”.
About Ideal Group of Companies, Inc.
Ideal Group of Companies Inc. (idealgroupcorp.com) is a dynamic and growing enterprise focused on strategic acquisitions and operational excellence across multiple sectors. Through its Oxygen Mortgage division and expanding portfolio of holdings, IDGR is committed to creating sustainable value for shareholders through disciplined capital deployment and operational execution. Headquartered inAnderson, South Carolina, IDGR pursues opportunities that deliver immediate financial leverage and long-term growth potential. For more information, visit idealgroupcorp.com.
Contacts:
Ideal Group of Companies Inc. Charles Cardona, CEO ccardona@idealgroupcorp.com Tel. +1-864-345-8698
Hospitality Development Group Jerrold R. Krystoff
Phone: +1-954-764-3979
DISCLAIMER and FORWARD-LOOKING STATEMENTS
Certain statements contained herein are “forward-looking” statements (as such term is defined in the Private Securities Litigation Reform Act of 1995). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities and Exchange Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, and such Forward-Looking Statements are intended to be covered by the safe harbors created thereby. Investors are cautioned that all forward-looking statements involve risks and uncertainties. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to the viability of the companies business plans, the effect of acquisitions on profitability, the effectiveness, profitability, and the marketability of the company’s products; the companies’ ability to protect its proprietary information; general economic and business conditions; and the volatility of the companies’ operating results and financial condition. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates, and projections about the companies and their respective industry. The companies undertake no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances or to changes in their expectations, except as may be required by law. Although the companies believe that the expectations expressed in these forward-looking statements are reasonable, management cannot assure the public that their expectations will turn out to be correct. Investors are cautioned that actual results may differ materially from the anticipated results.
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