IMD Companies Inc (ICBU)

[bigballer_sa4]

LOL. I like how this is posted on multiple boards


The below did actually happen. If you read the financials the purchase was reported and appeared on the disclosure. They also disclosed about a year later it didn't work out and basically closed the thing down. Failed business but none the less it was reported.

Nothing happened
iMD Companies, Inc., Closes Acquisition with Lumz'n Blooms, Ltd., a Manufacturer of Specialized Commercial Agricultural, Indoor Gardening and Hydroponic Growing Equipment to the Medical Marijuana Market and Other Key Markets
Apr 10, 2014

Not true, ICBU purchased a mining company which they have been reporting revenues and positive net income for 4 quarters. Looks like they are on their way to in excess of 100mill

Nothing happened
iMD Companies, Inc. (ICBU) Completes Negotiation of Acquisition of 100 Million Dollar Revenue Producing Asset into the Company
Oct 11, 2016

Can't say if this is true or not but they do have a site that sells Protein bars: http://www.imdmeds.com/ How much of that market they captured we don't know but i expect its very little.

iMD Companies enters $65,000,000 Legal CBD Market and Secures Source of High CBD Hemp Flour to launch New Protein Bar
Oct 19, 2016

Don't have time to track down everything but I imagine there are failures along the way. Good thing I got in after all these failures happened and my investment decision is based on the current possibilities. ICBU is looking good (EXMT owns 95million shares, disclosed on fins). I'm hoping to see the same turn around with this company. Just like every single investment out there, it involves risk and nothing is guaranteed. It's illegal to say otherwise.