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powerbattles Member Level  Friday, 11/10/17 02:32:40 PM
Re: easymoney post# 1823560
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IMD Companies, Inc., Files June 30, 2017 Financials and Post Record Revenues and Profits

PR Newswire

PLACERVILLE, CA, Nov. 10, 2017

PLACERVILLE, CA, Nov. 10, 2017 /PRNewswire/ - IMD Companies, Inc. (OTC: ICBU) Board of Directors announced today that the company's subsidiary KRSNA Minerals had record revenues of $4,616,013 and net profits of $996,490 for the second quarter June 30, 2017. The company expects higher revenue numbers for the third quarter as well. iMD filed its second quarter financials today and expects to have third quarter financials filed by the end of next week. The company expects to be fully current with OTC Markets next week as well. The company will announce Third Quarter Financials once filed.

KRSNA Minerals is expanding operations on its mines because of additional purchase orders from 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. Because of the additional orders the contract had to be extended to two years for delivery. The company is looking to ship its second order of 10,000 metric tons of Chrome Powder as first order was shipped last quarter. Mining Operations are moving forward on all orders.

About iMD Companies, Inc. www.imdcompaniesinc.com

IMD Companies, Inc. (OTC: ICBU) is a Florida corporation, engaged in the manufacturing, extraction and distribution in mining, hydroponics industries and asset accumulations of revenue producing companies. The company is positioned to be a holding company for acquisitions in the medical, mining and hydroponics industries. Acquisitions in those areas are R-Quest Hydroponics from Anything Technologies Media (OTC: EXMT). The company and the principals of the management team have extensive backgrounds in finance, 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 business and create other business alliances, which generate increased revenues and earnings.

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," "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.

SOURCE Anything Media Inc

Copyright © 2017 PR Newswire. All Rights Reserved

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