IMD Companies Inc (ICBU)

[Grifter]

News: ICBU Subsidiary Expands Recovery Process on Claims on Assets to meet Demand for Contracts with China for Minerals of Manganese and Iron Ore

PLACERVILLE, CA, Jan. 18, 2017 /PRNewswire/ - IMD Companies, Inc. (ICBU) Subsidiary  KRSNA Minerals is expanding its work on its claims to meet demands for contracts with China for Manganese and Iron Ore. This is due to increased demand for these minerals. The company completed its acquisition of KRSNA Minerals in India last month.  KRSNA Minerals is a producing mine with over 600 acres of mining claims with an estimated recoverable asset value of 700 million. KRSNA Minerals has contracts with the Chinese government to supply Manganese and Iron ore.

Due to the completion of the acquisition of Krishna Minerals iMD has engaged BF Borders CPA to become a fully reporting PCOB accredit audited company. This will enable the company to  become  QB certified as soon as all financials and audits are completed. The company also plans on filing a S1 registration with the SEC to register all if it shares.

"We are very excited to work with  KRSNA Minerals and feel that this acquisition will move ICBU to the next level of being a QB certified company with audited financials. We are pleased that KRSNA  has several contracts that will be generating increased revenues for the company over the next several years.," Stated, Richard Wilson, CEO of IMD Companies Inc.

https://finance.yahoo.com/news/imd-companies-inc-icbu-subsidiary-130000824.html