IMD Companies Inc (ICBU)

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FOR NEWBIES: HERE ARE THE LINKS TO THE LATEST NEWS AND FINANCIALS, plus some news that was not posted on the OTC, please follow the links and read the news, it will give you very good idea of what we have here!-

https://www.otcmarkets.com/financialReportViewer?symbol=ICBU&id=182222

https://www.otcmarkets.com/stock/ICBU/news/IMD-Companies--Inc---Files-June-30--2017-Financials-and-Post-Record-Revenues-and-Profits?id=174934&b=y

Board of Directors are pleased to announce that the company has retained BF Borgers CPA PCAOB accredited accounting firm to complete its audited financials to become a fully reporting company with the SEC. The company has retained Borgers CPA firm because of the acquisition of KRSNA MINERALS.

PLACERVILLE, CA, Oct. 30, 2017 /PRNewswire/ - iMD Companies, Inc. (OTC: ICBU) Board of Directors announced today that the company's subsidiary KRSNA Minerals has finished its third quarter financial statements from India. The company expects to file its financials with OTC Markets this week.

KRSNA Minerals received additional purchase orders from the Hong Kong based company for 5,000 Metric Tons of Magnesia Chrome Powder and 40,000 Metric Tons of Iron Ore increasing the purchase order to approximately 70 million dollars. Due to the additional orders, the contract had to be extended to two years for delivery. The first 10,000 metric tons of Chrome Powder from the original order has been mined and was shipped to the Hong Kong based company for the third quarter.




KRSNA MINERALS is a producing mine in India with over 600 acres of mining claims, which are producing manganese and Iron ore metals. KRSNA MINERALS currently has contracts with the Chinese government to supply manganese and Iron ore to China. The recoverable asset values are in excess of 700 million dollars for the total claims owned by KRSNA MINERALS. The Current Claims mined produced revenues in excess of four million dollars in 2016 and claims being worked on are over 10 million dollars. KRSNA MINERALS plans to dramatically increase the number of claims being mined in 2017 to increase revenues exponentially for the company. KRSNA MINERALS is now a wholly owned subsidiary of ICBU and all financials of KRSNA MINERALS will be represented in ICBU financial statements.



http://imdcompaniesinc.com/