2nd Potential Site Identified as Company Prepares to
Receive Anticipated Funding
PLACERVILLE, CA, Oct. 28, 2014 /PRNewswire/ - iMD Companies, Inc.
(OTC:ICBU) is pleased to announce that the company has moved into
the first of a three-phase process to build a historic grow
facility on the Chippewa Indian Reservation in Michigan.
iMD Companies is in the process of hiring approximately 50
engineers, laborers and consultants to work on the construction of
this facility as well as on a potential second location. The
company will announce plans for a second facility as the necessary
funding agreements are signed.
"We have been approached by a number of funding groups," Wilson
said. "We hope to have the funding schedule set within the next few
weeks. It is exciting to know that we are close to breaking ground
on our inaugural facility."
Wilson noted that it is imperative that our increased staffing
are brought on board as soon agreements are signed due to the
massive amount of pre-building work that needs to be done. "Our
goal is to build a first-rate grow facility on schedule that will
be the cornerstone for iMD," said Wilson. "We are set to move
forward with our aggressive expansion and business plans".
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 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.
www.imdcompanies.com
SOURCE IMD Companies Inc