Infrastructure Developments Corp. entered into an acquisition agreement with Sagar Joseph Choran. The board of directors of the company appointed Cyril Means III as a director of the company, with effect from September 1, 2014.

He will serve until the next annual meeting of the company's shareholders. Mr. Means served as in house counsel to J.J. Bonamuso & Company, from 1993 to 1994, and served as general counsel, corporate counsel, vice president, and executive vice president with the Aegis Consumer Funding Group from 1995 to 1999. He served as vice president and general counsel to Dollar Financial Group Inc. from 1999 to 2005.

Mr. Means has been semi-retired since 2005.