Ideal Group of Companies Expands Portfolio Through Acquisition of Hospitality Development Group

Ideal Group of Companies, Inc. has acquired Hospitality Development Group in an all-stock transaction that positions IDGR for significant growth through a diversified portfolio of assets. This transformative acquisition encompasses premium real estate developments, precious metals mining rights, and innovative technology platforms designed to provide financial leverage for IDGR's expanding operations. The transaction represents a strategic opportunity for IDGR to accelerate its growth trajectory through integration of assets that align with the company's vision for diversified value creation.

The acquisition includes two strategically positioned real estate projects with exceptional growth potential. The Palazzo del Lago Resort in Orlando, Florida, represents a world-class mixed-use development featuring 1,552 luxury rooms and suites in its initial phase, with plans for 800 additional resort villas in subsequent phases. This lakefront resort, designed in Italian Renaissance style, will include water sports, a world-class health spa, multiple signature restaurants, and state-of-the-art conference facilities. The project has secured designation as an Orange County Convention Center Hotel and will be managed by a world-renowned hotel chain. More information about this development is available at www.palazzodellago.com. The second project, Arden Mills Development in Fitchburg, Massachusetts, consists of 156 rental units situated along the Nashua River, capitalizing on growing multi-family demand in the area with previously granted permits facilitating development.

Expanding IDGR's portfolio into natural resources, the acquisition includes gold mining and mineral rights concessions in Bolivia. This strategic asset provides direct exposure to precious metals at a time when gold prices have experienced significant increases, diversifying IDGR's revenue streams into the natural resources sector. The mining operation represents both immediate value and long-term growth potential as global demand for gold continues to rise. This addition complements IDGR's existing operations and provides balance to the company's asset portfolio.

The transaction further strengthens IDGR's technology capabilities through three innovative platforms. Virtual HealthMD provides telehealth services with 24/7 physician access, capitalizing on the explosive growth in healthcare delivery. Virtual PetMD offers similar telehealth services for pet care, tapping into the rapidly expanding pet care industry. Virtual365.app represents a next-generation, decentralized platform that empowers creators and fans to host, participate in, and monetize immersive virtual events using Web3 technology. These technology assets provide IDGR with exposure to some of the fastest-growing sectors in today's economy.

Charles Cardona, Chief Executive Officer of Ideal Group of Companies, Inc., described the acquisition as a watershed moment for IDGR and its shareholders. Cardona emphasized that the transaction represents a quantum leap forward in the company's strategic evolution, acquiring not just properties and businesses but financial leverage, market positioning, and growth engines across multiple high-value sectors. The diversified portfolio creates what Cardona characterized as a powerhouse built for sustainable growth and exceptional shareholder returns. Jerrold R. Krystoff, Chairman and Chief Executive Officer of Hospitality Development Group, expressed enthusiasm about completing the transaction with IDGR, noting that IDGR's vision for leveraging these assets represents a win-win opportunity for both organizations.

IDGR intends to facilitate funding required to commence development of the real estate projects and operations of the technology opportunities. The acquisition positions IDGR to execute on opportunities that were previously beyond the company's reach while creating a diversified enterprise capable of withstanding market fluctuations. The combination of premium real estate, natural resources, and technology platforms provides multiple revenue streams and growth catalysts that support IDGR's expanding operations, including its Oxygen Mortgage subsidiary. This strategic move reflects IDGR's commitment to creating sustainable value through disciplined capital deployment and operational execution across multiple sectors.