NEW YORK, NY--(Marketwired - May 22, 2013) - Just last week INSCOR, Inc. (PINKSHEETS: IOGA) named NBA Hall of Famer Dominique Wilkins to its Board of Directors as it continues to add the pieces to what looks like a very promising puzzle and strong future for the Las Vegas-based company. INSCOR has been very strategic with each of its moves since it changed the company's focus and business model.
In the last two years, INSCOR has methodically gone about its business designing what should be a blockbuster product in the company's Financed Insurance Trust (FIT) for Other Post-Employment Benefits (OPEB), educating its target audience and marketing its product to what is a very large potential client base, and naming key players to the management team that will help shape INSCOR's future.
When the former NBA All-Star Dominique Wilkins was brought on board, it may not have hit the radar, but any research into INSCOR's products and it makes a perfect sense. Wilkins, nicknamed "The Human Highlight Reel" while playing for the Atlanta Hawks, is well connected in the NBA, and with his current position in the front office of the Hawks, he is ideally situated to be a great ambassador for the company.
Why is naming Wilkins to the Board of Directors a great move for the company -- well, INSCOR has two key products that will drive revenues for years to come, the aforementioned specifically tailored FIT OPEB plan that could be a slam dunk for the company with what a Credit Suisse report defines as a potential client pool of 67,000 municipalities needing what the FIT OPEB plan offers them. But, another product INSCOR has developed is a Financed Insurance Trust plan ideally tailored for high net worth individuals like professional athletes and entertainers.
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