IMD Companies, Inc. (ICBU) Gives Corporate Update and Becomes Current with all its Financial Filings

Company prepares for major asset and revenue producing acquisitions

PLACERVILLE, CA, Aug. 29, 2016 /PRNewswire/ - IMD Companies, Inc. (OTC: ICBU) Board of Directors are pleased to announce that the company has become current with all of its filings with OTC markets.  The company has become current too ready itself for expected new acquisitions that are in the final stages of completion.

The company has been working diligently on these acquisitions for the past six months to create a strong asset and revenue base for greater shareholder value for its shareholders.  Because of these new opportunities the company has completed the last eighteen months of financials to become a QB certified company in the near term. The company plans to announce its new auditor within the upcoming weeks. The company has positioned itself to be a major holding Company for these new acquisitions in the mining sector. The company plans on adding two additional board members to advise and give greater corporate governance for all projects.

"We are very excited about the new opportunities that are in front of us for the company. Completing our financials and become fully compliant and current with OTC markets is the first step in this process. We look forward to announcing more details in the upcoming weeks, "said Richard Wilson, CEO of IMD Companies Inc.

About iMD Companies, Inc.

iMD Companies, Inc., (:ICBU) is a Florida corporation, engaged in the manufacturing and  distribution in the hydroponics industries and asset accumulations of revenue producing companies. 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 core Hydroponics business while strategically seeking to acquire new business and create other business alliances, which generate increased revenues and earnings.

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,"  "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

www.imdcompanies.com

SOURCE IMD Companies, Inc.

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