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IMD Companies, Inc., Signs Letter of Intent to Acquire Lumz'n Blooms, Ltd., a Manufacturer of Indoor Gardening and Hydroponic Equipment
IMD Companies, Inc., Signs Letter of Intent to Acquire Lumz'n Blooms, Ltd., a Manufacturer of Indoor Gardening and Hydroponic Equipment.
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[{"type":"text","content":"\n\n\n\nIMD Companies, Inc., Signs Letter of Intent to Acquire Lumz'n Blooms, Ltd., a Manufacturer of Indoor Gardening and Hydroponic Equipment\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nIMD Companies, Inc., Signs Letter of Intent to Acquire Lumz'n Blooms, Ltd., a Manufacturer of Indoor Gardening and Hydroponic Equipment\nPR Newswire\nTAMPA, FL, Feb. 3, 2014\n\n\n\nTAMPA, FL, Feb. 3, 2014 /PRNewswire/ - IMD Companies, Inc. (OTC: ICBU) Board of Directors are pleased to announce they have signed a Letter of intent to acquire Lumz'n Blooms, Ltd. a Manufacturer for products and services for indoor growers.  Lumz'n Blooms, LTD. was founded in 2006 and had revenues in excess of $2.2 million in 2013.   \n\nLumz'n Blooms, LTD.'s main products allow consumers to \"Bring the Sun Indoors\", lighting is considered the pickaxe and shovel of the \"Green Rush\".  Lumz maintains two main brands, designed to support two major trending markets in the indoor Hydroponic gardening segment;\n\n\nOrganic, Green Home, Sustainable living Market:  A market of customers who desire to know what they are putting into their family's bodies. This line of products includes the LED Mini Garden which has already been placed in over four hundred retail stores its first year. This product is perfect for use as a kitchen appliance, in the office, or in the home to bring light and life to the darkest corners of all rooms.\nHydroponic retail sales:  This market has grown to over $2B annually, Lumz has attracted and supplies several national distributors who have only recently entered largely due to the growing demand in the Medical and Recreational Marijuana market as well as the indoor gardening market overall\n\"Our goal is to have Lumz'n Blooms, LTD. be the most widely distributed brand in the industry and first on the shelf as mainstream retailers create shelf space for this product category for the first time, \" stated Brian Tucker President of Lumz'n Blooms, LTD For more information go to www.Lumz-n-Blooms.com , www.TuckersPride.com and www.InHomeGardening.c...