Orbis Real Estate agreed to acquire Infrastructure Developments Corp. (OTCPK:IDVC) in a reverse merger transaction on April 1, 2014. Under the terms of agreement, Infrastructure Developments will issue 160 million common shares plus a nominal amount of working capital financing, in return for full control of Orbis' business to Sagar Joseph Choran. After the completion of the transaction, Sagar Joseph Choran became the controlling shareholder of Infrastructure Developments. The Operations Manager of Orbis Real Estate, Sagar Joseph will continue in his position. The transaction is subject to minimum income statement requirements, termination of employment contracts and Orbis proving that it is in compliance with U.S. GAAP standards to a U.S. PCOAB certified auditor. The transaction has been approved by the Board of Infrastructure Developments on April 1, 2014. The transaction is expected to close in May 2014.

Orbis Real Estate completed the acquisition of Infrastructure Developments Corp. (OTCPK:IDVC) in a reverse merger transaction on June 25, 2014.