PLACERVILLE, CA, July 15, 2014 /CNW/ - IMD Companies Inc (OTC PINK: ICBU) and Red Apple Pharm (OTC BB: CETC) (Berlin A1KB22) announced today that they have completed an agreement for IMD Companies Inc., to be a preferred vendor to supply equipment to build out medical Marijuana Grow facilities throughout the Western United States. This includes, but is not limited to; lights, ballasts, environmental controllers, Oxygenation systems, fans, meters, and nutrients. The first Grow Facility is currently being developed in Pueblo Colorado.
Red Apple Pharm is a wholly owned subsidiary of Clean Enviro Tech (OTCBB:CETC) The first facility in Colorado is expected to cost over 10 million with the estimates of equipment that may be provided by IMD to be in excess of 5 million dollars.
Jim Filkins, VP of Sales for IMD Companies remarked, "Working with Red Apple Pharm to potentially provide them with a one stop shop for all their equipment needs is a great opportunity for ICBU. Our current product line will enable our team to provide practically everything that is needed for each facility. This is a great opportunity to increase sales revenue for 2014."
Gordon Lee, President of RAPCO states, "We are delighted to have entered into this agreement. We can now rest assured that the equipment used in our facilities is of the highest quality and is supported by the quality manufacturer and distributor that is ICBU and its subsidiaries. We look forward to a long and fruitful relationship."
About IMD Companies, Inc.
iMD Companies, Inc., (OTC MARKETS: ICBU) is a Florida corporation, engaged in the medical diagnostics and health industries. The company has recently re-positioned to be a holding company for acquisitions in the Hydroponics industry. Recent acquisitions in those areas are R-Quest Hydroponics Inc from Anything Technologies Media (OTC:EXMT). Greenlinks Inc. and Lumz'n Blooms, Ltd., a Manufacturer of Indoor Gardening and Hydroponics Equipment. The company and the principals of the management team have extensive backgrounds in finance, new technologies, manufacturing, marketing and distribution. ICBU's goal is to create and increase shareholder value by tactically growing our core Hydroponics business while strategically seeking to acquire new businesses and create other business alliances, which generate increased revenues and earnings.
About RED APPLE PHARM CORP:
RAPCO is a wholly owned subsidiary of CLEAN ENVIRO TECH CORP. CETC OTC:BB Frankfort (Berlin A1KB22)RAPCO is a full service engineering firm, serving the MMJ Industry in the Western US. RAPCO will identify, permit, license, build to suit and operate, any commercial "GRO OP" be it GREEN HOUSE OR HYDROPONIC OPERATION for any prospective qualified owners. From the identification of a suitable property to providing the engineering and subsequently building the operation from the ground up! These very delicate and precise GRO OPS must be built in a total climate controlled atmosphere, not unlike a "clean room" where the lightning, temperature and moisture are maintained at a constant 72% F w/ 46% moisture, lighting and remote monitoring via closed circuit TV, fed both to the owners central command, as well as the state authorities 24/7. So that the system can never be compromised.
We will build and operate the facility on behalf of the owners strictly on a fee basis for all services which can, of course, be totally insured against fire, theft or breakdown, etc.
We insure that the owner operator will obtain the maximum in quality and growth so as to get the most profitable crop w/ the least worry be it 10k sq ft to 1mm sq ft we will spearhead the entire experience.
The plants, under these conditions will typically flower 6 crops per annum. Our company will provide all stats daily so that our client is never in the dark about any aspect of their operation.
About R-Quest Hydroponics, Inc.
R-Quest Hydroponics, Inc., is a Hardware and Software Manufacturing Company with its headquarters in Placerville, California. R-Quest Hydroponics, Inc. has developed the new Environmental Master Controller EMC-5000 system, which is able to provide constant management for grow room facilities for indoor gardens. The EMC-5000 was developed so that growers can rest easy with the confidence that their crop is in excellent hands. The EMC-5000 is able to regulate and control all aspects of an indoor grow system, including Light Cycles to optimize growth, Fans, Nutrient pumps, and CO2 level controls to help manage grow rooms. To see more information on the EMC-5000 go to www.r-questhydro.com.
About Lumz'n Blooms, Ltd.
Lumz'n Blooms, LTD.'s main products allow consumers to "Bring the Sun Indoors". Lighting, ballasts, and growing materials are considered the "Pickaxe and Shovel" of the "Green Rush". Lumz'n Blooms, established in 2006, has developed strong distribution channels and today counts Central Garden and Pet, as well as hundreds of independent Nursery, Hardware and Hydroponics Retailers, among its customers. These established distribution channels, combined with their extensive product line and industry knowledge, makes Lumz'n Blooms a foundational acquisition for building future growth. For more information go to www.Lumz-n-Blooms.com , www.TuckersPride.com and www.InHomeGardening.com
NOTES ABOUT FORWARD-LOOKING STATEMENTS
Except for any historical information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, including those described in the Company's Securities and Exchange Commission reports and filings. Certain statements contained in this release that are not historical facts constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created by that Act. Reliance should not be placed on forward-looking statements because they involve unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied. Forward-looking statements may be identified by words such as estimates, anticipates, projects, plans, expects, intends, believes, should and similar expressions and by the context in which they are used. Such statements are based upon current expectations of the Company and speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date on which they are made.
SOURCE: IMD Companies, Inc.
For further information: Investor Relations: PACIFIC EQUITY ALLIANCE LLC, Zackary Logan, www.pacificequityusa.com, 858.886.7237