TAMPA, FL, April 14, 2014 /PRNewswire/ - iMD Companies, Inc.
(OTC:ICBU) Board of Directors are pleased to announce that it will
begin filing "material events'" and insider buys or sales (Form
4's) with the SEC immediately. Larry
Robertson, CEO of iMD Companies, Inc. stated, "We previously
announced that we had retained KBL, LLP, a CPA firm that is
registered with the Public Company Accounting Oversight
Board. We expect the audit to begin this Wednesday, April 16, 2014. In order to
improve transparency to the Investment Community and our
shareholders, we believe we should begin filing material events
immediately with the SEC In addition, we expect to
announce the financial results for Lumz'n Blooms regarding Fiscal
2013 and the first quarter of 2014.
iMD Companies, Inc. will continue to grow its core business
while seeking growth opportunities via acquisition or other
business alliances. As previously announced, iMD Companies
completed an agreement with Tranzbyte Corporation (OTC:ERBB) to
co-market iMD Companies grow-oriented products, specifically the
EMC-5000 Environmental Master Controller, which is able to provide
constant management for grow room facilities for indoor gardens.
iMD will market Tranzbyte's Jurassic Oxygenation System to augment
the previously announced efforts between Transbyte and Biocube
Green Grow Systems sales efforts in the US. We expect
alliances like these and the acquisition of strategic businesses
such as Lumz'n Blooms to sustain our core business and fuel our
growth going forward.
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 Hydroponic 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 Hydroponic 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.
www.imdcompanies.com
SOURCE IMD Companies, Inc.