TAMPA, FL, April 15, 2014 /CNW/ - iMD Companies, Inc. (OTC:ICBU) Board of Directors are pleased to announce that we have identified April 23rd -25th as the dates for our innovative Sales Conference for selling our products and services in the Medical Marijuana business space. This conference will enable us to design our corporate sales and marketing strategy for the next six months for the EMC-5000 system and our additional products that we will be manufacturing in our California facility. We feel that the potential markets for our products are in the hundreds of millions and look to capture our share of the market.
iMD Companies VP of Sales, Jim Filkins stated. "With the addition of Lumz, we have identified many areas where we have synergy in areas of distribution, sales and marketing. Through warehousing the Lumz products in our facility in California we will be able to substantially increase our margins and bottom line".
In the interest of full disclosure and transparency, ICBU management decided to issue this further statement modifying yesterday's press release. The company would like to clarify their prior statement regarding its decision to become a voluntary filer with the Securities and Exchange Commission. The company now announces that it will be required to first file a Form 10 with the Commission prior to becoming a voluntary filer. ICBU has commenced with the auditing of its financial books and records with KBL, LLP.
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 medical and marijuana 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 Lumz'n Blooms, Ltd.
Lumz'n Blooms, LTD.'s main products allow consumers to "Bring the Sun Indoors". Lighting, ballasts, growing materials are considered the "Pickaxe and Shovel" of the "Green Rush". Over the past 7 plus years Lumz'n Blooms has developed strong distribution channels and today counts Central Garden and Pet, HomeDepot.com, Amazon Prime, Bi-Mart, Orchard Supply 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
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.
Safe Harbor Statement:
Certain statements made in this press release constitute forward-looking statements that are based on management's expectations, estimates, projections and assumptions. Words such as "expects," "anticipates," "plans," "believes," "scheduled," "estimates" and variations of these words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. All forward-looking statements speak only as of the date of this press release and the company does not undertake any obligation to update or publicly release any revisions to forward-looking statements to reflect events, circumstances or changes in expectations after the date of this press release.
SOURCE: IMD Companies, Inc.
For further information: Investor Relations: PACIFIC EQUITY ALLIANCE LLC, Zachary Logan, www.pacificequityusa.com