TAMPA, FL, Jan. 9, 2014 /CNW/ - IMD Companies, Inc. (OTC: ICBU) Board of Directors is pleased to announce that the company has formed a partnership with Anything Technologies Media Inc., (OTC:EXMT) by acquiring 51% interest in R-Quest Hydroponics, Inc., developer of the environmental master controller for medical and recreational marijuana hydroponic gardens. The company paid 100 million common restricted shares to Anything Technologies Media Inc., for the acquisition and partnership because of the tremendous potential value of R-Quest Hydroponics Inc. Anything Technologies Media Inc. will continue to manufacture the EMC-5000 system as part of the partnership.
This is the first of many acquisitions and partnerships that the Company plans to make in the fast-growing medical, recreational marijuana sector. IMD is currently in negotiations with several other partnership and acquisition candidates in the supply and service industry for the marijuana sector. The company plans on making several announcements within the next 30 days as agreements are finalized.
News 
Market Data 
Discover 
AI
