**** ICBU EXTREMELY UNDERVALUED STOCK WITH GROWING BOOK VALUE... PROFITABILITY
Exiting news below… After over 6 months silent, ICBU come together. Financial report Q2. Per CEO will announce Q2 by the end of next week
IMD Companies, Inc., Files June 30, 2017 Financials and Post Record Revenues and Profits
IMPORTAINT NOTE:
Net profit Q1 $58,589 Amazing Massive Increasing Q2 $996,490 Short term loans Dec 2016 $6,699,123 Short term loans Q2 $1,062,751 Huge pay off $5,636,372 Q1 Total Assets $25,780,280 Increasing Q2 Total Assets $26,943,157 No new note issued.
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.
ICBU QUOTE .0018 AS OF 11/12/2017 ICBU owns 125m common shares of ISGP.... October 27 3:39PM EDT share of ISGP is .255 worth $31,875,000 dollars
http://imdcompaniesinc.com/ Share Structure Authorized Shares 2,000,000,000 a/o June 01, 2017 June 01, 2017 Outstanding Shares 1,143,956,676 a/o June 01, 2017 Float 782,450,944 June 01, 2017
ICBU Per CEO The audit will be done. They hired BF Borgers CPA PCAOB CERTIFIED PUBLIC ACCOUNTANTS To do the audit. http://www.lookforwardtaxes.com/
IMPORTANT NOTE: THEY HAS CHANGE NAME TO KRSNA MINERALS. KRISHNA MINERALS IS KRSNA MINERALS. HERE IS THE FULL DETAIL OF THE NEWS.
The company completed its acquisition of Krishna Minerals back in October 2016. Krishna Minerals is a producing mine in India with over 600 acres of mining claims, which are producing manganese and Iron ore metals. Krishna Minerals has major contracts with the Chinese government to supply manganese and Iron ore to China. Krishna Minerals has received several new contracts and recently received a 66-million-dollar contract for 100,000 Metric Tons of Magnesia Chrome Powder. Because of this increased demand in mining contracts, the company feels it should focus all its efforts on mining. The company is also planning a name change to better reflect a mining company.
1 - ICBU OWNS 125M COMMON SHARES OF (ISGP) THE STOCK IS UP +430% ON OCTOBER 27, 2017 IS WORTH OVER 66 MILLION DOLAR.
2 - COMPLETES ACQUISITION OF KRSNA MINERALS (KRSNA.) VALUE OF 700 MILLION DOLLARS.
3 - SOLD 4 SUBSIDIARIES CURRENT VALUE 25 MILLION DOLLARS.
4 - RECEIVES 70 MILLION DOLLARS PURCHASE ORDER FOR 100,000 METRIC TONS OF MAGNESIA CHROME POWDER.
5 – Q1 RECORDED REVENUE Q1 $5.923 MILLION WITH GROSS PROFIT OF ALMOST $2.461 MILLION
6- Q2 AMAZING NET PROFIT $996,490.
The company was founded on March 31, 1993 and is headquartered in Tampa, FL. engaged in the manufacturing, extraction and distribution in mining, hydroponics industries, and asset accumulations of revenue producing companies.
Magement Team:
Richard Wilson - - Chairman & Chief Executive Officer Larry Robertson - 2014 President Jim Filkins - 2014 Vice President-Sales William B. Haseltine - Head-Legal Counsel
ICBU iMD Companies, Inc Company Profile Video
IMD Companies, Inc., (ICBU) is a Florida corporation, 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 business while strategically seeking to acquire new business and create other business alliances, which generate increased revenues and earnings.
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