Business
iMD Companies, Inc. (ICBU) Completes Acquisition of Multi Million Dollar Mining Company SG Minerals
iMD Companies, Inc. (ICBU) Completes Acquisition of Multi Million Dollar Mining Company SG Minerals.
About this update from Imd Companies, Inc.
[{"type":"text","content":"\n\n\n\niMD Companies, Inc. (ICBU) Completes Acquisition of Multi Million Dollar Mining Company SG Minerals\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. (ICBU) Completes Acquisition of Multi Million Dollar Mining Company SG Minerals\nPR Newswire\nPLACERVILLE, CA, April 3, 2018\n\n\n\nPLACERVILLE, CA, April 3, 2018 /PRNewswire/ - iMD Companies, Inc. (OTC:ICBU) Board of Directors announced today that the company has acquired SG Minerals Mining Company as a wholly owned subsidiary of iMD.  SG Minerals is an audited mining company in India that mines Iron Ore and has several million in revenue per year.  SG minerals fit into the business profile for iMD and are a great compliment to other mining projects that the company is involved in. SG Minerals also has the capacity to work on mining projects that iMD is pursuing in Nevada and Arizona and can help with the extraction process of precious minerals. The company will later share with its shareholders all of the projects that SG Minerals is working on. iMD's goal is to acquire multiple mining companies to increase the shareholder value of the company. .iMD believes the value of the company is currently undervalued. \n\nMr. Arsad Hossain, Director of SG Minerals, Stated, \"We are excited that we have been acquired by iMD Companies and look forward to expanding their mining operations both in India and in the United States. We have the expertise and the equipment to meet the goals of the company and we are working on several key new contracts to fulfill over the next 90 days.\" \n\nAbout iMD Companies, Inc.  www.imdcompaniesinc.com\n\niMD Companies, Inc., (ICBU) is a Florida corporation, engaged in the manufacturing, extraction and distribution in mining and asset accumulations of revenue producing companies. The company is positioned to be a holding company for acquisitions in the mining industries. 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 inc...