iMD Companies, Inc. (ICBU)

imdiMD Companies, Inc is a holding company for business acquisitions in the health and wellness as well as hydroponics industries. It has recently ventured into the marijuana industry by completing its first partnership in that industry in early 2014.

The company’s four featured acquisitions are Optimum Mobile Imaging LLC; PCI HeartScan, Inc; R-Quest Hydroponics, Inc; and Lumz ‘n Blooms Ltd.

Optimum Mobile Imaging is a company that offers mobile ultrasound imaging technology in Arizona. Its products are used in health offices and clinics, and are generally covered by insurance.

PCI HeartScan also provides ultrasound imaging, with a focus on cardiovascular functions. Its imaging service is paired with quantitative assessment and analyses, and backed by an extensive database of research and studies.

Meanwhile, R-Quest Hydroponics, Inc is the marijuana company of which iMD Companies has acquired 51% interest in January 2014. R-Quest Hydroponics is under Anything Technologies Media, Inc and manufactures hardware and software for managing grow facilities and indoor gardens.

Lumz ‘n Blooms also cater to cultivators, but focuses on grow lighting. It is a family operation that has grown to have clients in US and Canada.

With its entry into the marijuana industry, iMD Companies intends to make more acquisitions and partnerships in both the medical and recreational marijuana sectors.

iMD Companies, Inc was founded and incorporated in Delaware in 1993. It was formerly Empire Capital Corp, and it underwent several name changes until in 2010, when it changed to its current name.

The company is now based in Florida and is traded in the OTC markets as ICBU. It has a market value of USD 4.5 M. Key executives in the company include Larry Robertson, CEO; Richard Wilson, President and CFO; William B. Haseltine, Legal Counsel; Jim Filkins, VP of Sales; and Bruce Collett, Consultant.


Yahoo! Finance: ICBU News

Latest Financial News for ICBU

iMD Companies, Inc. Subsidiary, LCG Plastic, Receives Purchase Order and Completes Contract to Supply 1.78 Billion Dollars of Polyvinyl Chloride (PVC) Plastic Pipes to RWS&S Odisha, Bhubaneswar Government in India

LAS VEGAS, NV, Nov. 27, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – iMD Companies, Inc. (ICBU) Board of Directors announced today that LCG Plastic, a subsidiary of the company, has received a purchase order and signed a contract to supply approximately one billion seven hundred and eighty million dollars, ($1,780,821,917) of Polyvinyl Chloride (PVC) Pipes over a two-year period to the Government of India. LCG has contracted to supply PVC pipes according to the specification in the purchase order.

IMD Companies, Inc. Subsidiary, LCG Plastic, in Final Due Diligence Phase to Complete a Major Government Contract for PVC Pipe Order

LAS VEGAS, NV, Nov. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – IMD Companies, Inc. (ICBU) Board of Directors announced today that LCG Plastic, a subsidiary of the company, is in the final due diligence phase to complete a major contract with the Government of India to supply a very large order of PVC Pipe. The company has been working on this order over the last several months and is in the final details of the contract and due diligence to complete this contract. This contract would cause IMD to be required to become a fully reporting company because of the increased revenues.

iMD Companies, Inc., Becomes Current with OTC Markets and Begins Due Diligence on New Innovative CBD Infused Breath Mint Strip Product Line

PLACERVILLE, CA / ACCESSWIRE / July 12, 2018 / iMD Companies, Inc. (OTC PINK: ICBU) announced today that the company has begun due diligence on partnering with a manufacturer of Breath Mint Strips to which iMD would add our infused CBD Hemp Oil product. This product would be similar in design to the Listerine breath mint strip. The breath mint strip market is a Multi-billion dollar industry, and we feel that this CBD infused product would make a big impact on sales for iMD Companies.

iMD Companies, Inc., Uploads First Quarter Financials to OTC Markets, and is Completing Due Diligence on Gold Mining Claims in Nevada

PLACERVILLE, CA / ACCESSWIRE / June 27, 2018 / iMD Companies, Inc. (OTC PINK: ICBU) Board of Directors announced today that the company has completed its first quarter financials and has uploaded them to OTC Markets. The company expects to be current within the next 48 hours upon approval by OTC Markets. The company recently completed the acquisition of SG Minerals Mining Company a subsidiary of iMD.

iMD Companies, Inc., Gives Corporate Update to Shareholders

PLACERVILLE, CA / ACCESSWIRE / June 19, 2018 / iMD Companies, Inc. (OTC PINK: ICBU) Board of Directors announced today that the company is completing its financials and expects to upload them to OTC Markets by next week. The company has submitted its application and payment to OTC Markets and expects the application to be approved this week. The company recently completed two acquisitions, SG Minerals Mining Company and LCG Plastech, a PVC pipe manufacturing Company.