iMD Companies Inc., Subsidiaries Synergistically Combine Sales Forces to Meet Demand for Hydroponics Market
PLACERVILLE, CA, May 8, 2014 /CNW/ - iMD Companies, Inc. (OTC:ICBU) The company announced today that several key strategic options were solidified and scripted at its National Sales Conference held in Sacramento, CA during the last week of April. Both of iMD's subsidiaries, R-Quest Hydroponics and Lumz-N-Blooms, have agreed to combine distribution and marketing efforts, essentially unifying their respective sales resources into one force. R-Quest Hydroponics has also agreed to serve as the warehouse and distribution center for all iMD combined products for the western and northwestern regions of the country. In addition, the group created and unveiled plans for R-Quest Hydroponics to utilize its immense manufacturing capabilities to displace currently imported products and components being used in the Lumz-N-Blooms product line, allowing for both higher margins on select products and labels touting "Made in the USA".
Jim Filkins, VP of Sales for iMD Companies, commented: "We accomplished all the goals set forth on our meeting agenda quite successfully. We have quickly positioned ourselves as a real player within the indoor gardening/hydroponics market. We gained a considerable amount of strength from the work we accomplished at our conference. Our redefined structure not only ensures resources are utilized in the most efficient means possible, it ensures that possible future acquisitions can seamlessly slide into position alongside our current subsidiaries and hit the ground running."
"We all have the same goals." said Larry Robertson, President and CEO of R-Quest Hydroponics, "The cohesion between the two companies creates more opportunities for both companies on many different levels. This is more than just a partnership, it is a partnership under one umbrella."
About iMD Companies, Inc.
iMD Companies, Inc., (OTC MARKETS: ICBU) is a Florida corporation, engaged in the medical diagnostics and health industries. The company has recently re-positioned to be a holding company for acquisitions in the medical and marijuana industry. Recent acquisitions in those areas are R-Quest Hydroponics Inc from Anything Technologies Media (OTC:EXMT). Greenlinks Inc. and Lumz'n Blooms, Ltd., a Manufacturer of Indoor Gardening and Hydroponics Equipment. The company and the principals of the management team have extensive backgrounds in finance, new technologies, 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 businesses and create other business alliances, which generate increased revenues and earnings.
About Lumz'n Blooms, Ltd.
Lumz'n Blooms, LTD.'s main products allow consumers to "Bring the Sun Indoors". Lighting, ballasts, growing materials are considered the "Pickaxe and Shovel" of the "Green Rush". Over the past 7 plus years Lumz'n Blooms has developed strong distribution channels and today counts Central Garden and Pet, HomeDepot.com, Amazon Prime, Bi-Mart, Orchard Supply as well as hundreds of independent Nursery, Hardware and Hydroponics Retailers among its customers. These established distribution channels, combined with their extensive product line and industry knowledge, makes Lumz'n Blooms a foundational acquisition for building future growth. For more information go to www.Lumz-n-Blooms.com , www.TuckersPride.com and www.InHomeGardening.com
About R-Quest Hydroponics, Inc.
R-Quest Hydroponics, Inc., is a Hardware and Software Manufacturing Company with its headquarters in Placerville, California. R-Quest Hydroponics, Inc. has developed the new Environmental Master Controller EMC-5000 system, which is able to provide constant management for grow room facilities for indoor gardens. The EMC-5000 was developed so that growers can rest easy with the confidence that their crop is in excellent hands. The EMC-5000 is able to regulate and control all aspects of an indoor grow system, including Light cycles to optimize growth, Fans, Nutrient pumps, and CO2 level controls to help manage grow rooms. To see more information on the EMC-5000 go to www.r-questhydro.com.
About Anything Technologies Media, Inc.
Anything Technologies Media Inc. (OTC:EXMT), www.anythingtechnologiesmedia.com is a Multi-Media Digital applications, production and marketing Company. ATM is the parent company of subsidiary Corporations, and is also focused on partnerships and acquisitions in the medical marijuana sector. The company and partners each have their own professional management team with extensive backgrounds in finance, new technologies, manufacturing, marketing and distribution. ATM's goal is to combine the expertise of our team members to create a cohesive force, which will carry the company forward in the marketplace to a preeminent position through revenue sharing and acquisitions.
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," "believes," "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 to reflect events, circumstances or changes in expectations after the date of this press release.
www.imdcompanies.com
SOURCE: IMD Companies, Inc.
Investor Relations: PACIFIC EQUITY ALLIANCE LLC, Zachary Logan 858.886.7237, www.pacificequityusa.com
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