Last $0.01 USD
Change Today +0.0003 / 2.18%
Volume 146.5K
ICBU On Other Exchanges
As of 8:10 PM 11/26/14 All times are local (Market data is delayed by at least 15 minutes).

imd cos inc (ICBU) Snapshot

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03/25/14 - $0.21
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12/12/13 - $0.0095
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imd cos inc (ICBU) Details

IMD Companies, Inc. operates as a holding company. The company, through its subsidiaries, offers mobile imaging technology and ultrasound images and quantitative analyses services. It also develops and manufactures environmental controller. The company is based in Tampa, Florida.

imd cos inc (ICBU) Top Compensated Officers

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imd cos inc (ICBU) Key Developments

R-Quest Hydroponics Signs Exclusive and Unique Contract and Maintenance of Tribal Grow Facilities for H & H Organic Investments

iMD Companies, Inc. announced that an exclusive contract with H & H Organic Investments via one of iMD's subsidiaries R-Quest Hydroponics to be the exclusive designer, builder, and maintenance group for H & H's Tribal facility in Michigan with the Chippewa Tribe Nation. This transaction will include some exclusive equipment (Environmental Master Controller -- EMC 5000) that only R-Quest Hydroponics has and enables them to use their experienced contractors to rapidly build out the facilities H & H Organic Investments has on the table for 2014 & 2015.

IMD Companies, Inc. Appoints John Jack R. Morris to the Board of Directors

IMD Companies, Inc. announced that Dr. John "Jack" R. Morris has been appointed to the Board of Directors for iMD Companies, Inc. Morris, whose focus will be on bringing greater corporate governance and compliance to the company, joins Larry Robertson and Richard Wilson on the board.

IMD Companies, Inc. Receives $500,000.00 Short Term Funding Commitment from Private Investment Group

iMD Companies, Inc. announced that a group of accredited investors has signed an agreement to invest up to $500,000.00 specifically targeted at growing the company's core Gardening business. The initial tranche of $25,000 has already been advanced and the remainder will be distributed based on the needs of the "core" business. The investment will fall under Rule 144 and will be described in detail in the company's audit, which the company believe will be completed, by the end of August. In addition, the company is in the process of closing new strategic acquisitions, which will provide vertically integrated growth. After searching for other acquisitions that would be similar to that of Lumz and Blooms, management feels that an investment into the core competency of the business would create a better "return on investment" for shareholders. Management and the Accredited Investors have put a lot of faith into the Vice President of Sales and Marketing, Jim Filkins, and believe that given his knowledge and contacts within the business, capital would be better invested directly to the company rather than by acquisition. The company is fully dedicated to grow its core business while making key acquisitions of profitable companies that can be vertically integrated.


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