iMD Companies, Inc. (ICBU)

imdiMd Companies, Inc operates as a holding company for various business acquisitions. It primarily delves in the health and wellness and hydroponics industries. Its most recently added area is the marijuana industry, marked by a partnership it entered in early 2014 with a marijuana company.

iMD Companies has four main acquisitions: PCI HeartScan, Inc; Optimum Mobile Imaging LLC; Lumz ‘n Blooms Ltd; and R-Quest Hydroponics, Inc.

PCI HeartScan is a provider of ultrasound imaging focused on the cardiovascular functions of the body. To complement its imaging service, it also offers quantitative assessment and analyses, which is backed by the company’s extensive database of scientific research.

Similarly, Optimum Mobile Imaging provides mobile ultrasound imaging technology. This company is based in Arizona and its products are already used in several clinics and health offices. The products are also commonly covered by insurance.

Lumz ‘n Blooms is meanwhile a provider of plant-growing lighting, catering to various cultivators. This company is a family operation that now serves clients in both the US and Canada.

Also serving cultivators, R-Quest Hydroponics is the marijuana company that iMD Companies has partnered with starting January 2014. R-Quest is a manufacturer of software and hardware products used in managing indoor gardens and other grow facilities. iMD owns 51% interest in R-Quest, which is a subsidiary of Anything Technologies Media, Inc.

iMD has stated that it plans to make more acquisitions and form more partnerships in the marijuana industry, in both the medical and recreational sectors.

Founded and incorporated in 1993, iMD Companies started in Delaware as Empire Capital Corp. Following several name changes, it became iMD Companies, Inc in 2010 and moved to Florida.

The company is now listed in the OTC markets under the symbol ICBU and with a market value of USD 4.5 M.

Key executives at iMD Companies, Inc are CEO Larry Robertson, President and CFO Richard Wilson, VP of Sales Jim Filkins, Consultant Bruce Collett, and Legal Counsel William B. Haseltine.

iMD Companies, Inc.

4710 Oak Hill Road
Placerville, CA 95667

Phone: (650) 222-2863

Yahoo! Finance: ICBU News

Latest Financial News for ICBU

iMD Companies, Inc. Continues Negotiation to Acquire Valuable Gold and Precious Metal Lodge and Placer Mining Claims in Arizona and Nevada; Looks to Get Current With OTC in the Near Future

Las Vegas, NV, April 30, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- iMD Companies, Inc. (ICBU) announced today that the company continues negotiations to acquire valuable mining claims, which have gold and precious metal findings that can be extracted and mined. The company is currently doing its due diligence on the claims to make sure everything is in order. This will give the company and its shareholders an accurate report on the mineral resources and the economic value of the claims.

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.