Business
iMD Companies Inc., Subsidiaries Synergistically Combine Sales Forces to Meet Demand for Hydroponics Market
iMD Companies Inc., Subsidiaries Synergistically Combine Sales Forces to Meet Demand for Hydroponics Market.
About this update from Imd Companies, Inc.
[{"type":"text","content":"\n\n\n\niMD Companies Inc., Subsidiaries Synergistically Combine Sales Forces to Meet Demand for Hydroponics Market\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., Subsidiaries Synergistically Combine Sales Forces to Meet Demand for Hydroponics Market\nPR Newswire\nPLACERVILLE, CA, May 8, 2014\n\n\n\nPLACERVILLE, CA, May 8, 2014 /PRNewswire/ - 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\".\n\nJim 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.\"\n\n\"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 par...