PLACERVILLE, CA, Oct. 14, 2014 /CNW/ - iMD Companies, Inc. (OTC:ICBU) The company announced today that an exclusive contract with H & H Organic Investments via one of iMD's subsidiaries R-Quest Hydroponics to be the exclusive designer, builder, and maintenance group for H & H's Tribal facility in Michigan with the Chippewa Tribe Nation. This transaction will include some exclusive equipment (Environmental Master Controller – EMC 5000) that only R-Quest Hydroponics has and enables them to use their experienced contractors to rapidly build out the facilities H & H Organic Investments has on the table for 2014 & 2015.
Josh Hernandez, Managing Member of H & H Organic Investments commented: "We were looking for a one stop shop to help us build out our Grow Facilities, and when we came across R-Quest Hydroponics, we found such an organization. We did our due diligence, found that the group at R-Quest Hydroponics not only had experience, but in fact built the first "Approved" Grow Facility in California. That was our defining moment to move in and get an exclusive agreement for our company in place to provide us with the tools, design, and maintenance of our first facility which will be approximately 50,000 Sqft on the Chippewa Indian reservation in Michigan. We have a very unique opportunity with the Chippewa Tribe that has spawned numerous tribes wanting similar deals with us and needed to have a group that has the experience and could move quickly. We are the first organization to have such an agreement with the Chippewa Tribe and look to have similar agreements in place come the end of the year. We are planning on building 5-10 similar facilities across the country and will use R-Quest Hydroponics as our exclusive designer, builder, and maintenance organization.
"We are thrilled to partner with H & H in this amazing venture." Stated Larry Robertson, President of R-Quest Technologies. "Each entity contains specialized areas of expertise that perfectly balance the other. Combined, we offer every aspect necessary to not only construct the brick and mortar, but also provide the services and equipment to ensure successful operations within. That includes on going training and monitoring through botanists and expert growers. This joint venture truly creates a 'One-Stop Shop' for any and all commercial grow sites."
About iMD Companies, Inc.
iMD Companies, Inc., (OTC: 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. Ibo's goal is to create and increase shareholder value by tactically growing our core Hydroponics business while strategically seeking to acquire new business and create other business alliances, which generate increased revenues and earnings.
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, 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
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: PACIFIC EQUITY ALLIANCE LLC, Investor Contact: Zachary R. Logan & Drew S. Phillips, Tel. 858.886.7237 / 858.886.7238, Email: [email protected]; H&H Organic Investments: Josh Hernandez, 602-413-6239