Imagine a world in which every 'citizen' has a microchip ID under the skin so he and she can be tracked anywhere -- connected to a global satellite system.

Science fiction dystopia on Planet Earth? A really bad joke? No, not if Verichip and ORBCOMM have their way.

Here is the brazen announcement by the brazen serpents themselves -- in their own words.

"ORBCOMM, a global satellite telecommunications company, today announced that it has executed an agreement with VeriChip(TM) Corporation, a subsidiary of Applied Digital (NASDAQ:ADSX), to be its provider of satellite and telecommunication services for applications to be developed for use with the world's first implantable radio frequency identification (RFID) microchip, also called VeriChip(TM).

Under the terms of the agreement, the companies will also work together to develop and market new military, security, and healthcare applications for use in the United States and around the world.

VeriChip(TM) Corporation is a wholly owned subsidiary of Applied Digital.