PR Newswire
TAMPA, FL, March 5, 2014
TAMPA, FL, March 5, 2014 /PRNewswire/ - iMD Companies, Inc. (OTC:ICBU) The Company announced it has retained Street Capital, Inc, an Atlanta based investment banking firm, to assist the Company in a variety of corporate initiatives and to assist the Company in seeking financial and strategic alternatives. StreetCapital's broad range of service offerings is to provide the Company with the necessary tools required to accomplish portions of the current Company Management's business plan and assist in sustaining Company growth into the foreseeable future.
Larry Robertson, iMD's President, commented on the retention of StreetCapital. "We are very pleased to have a seasoned banking team like Street Capital as our investment bankers. Now that the Company is positioned for substantial growth and profitability, StreetCapital's strong track record in capital raising and mergers and acquisitions advisory will prove invaluable. Street is actively developing and investigating several financial and strategic alternatives designed to further increase the value of iMD Companies."
Matt Myers, Senior Vice President of StreetCapital, said, "We feel honored to assist and advise iMD Companies at this exciting time. The Company's recent initiatives have transformed iMD into a dynamic holding company with three distinct product lines. This fundamentally alters the Companies intrinsic value. Moreover, the new product lines under development and the previously announced acquisitions are expected to generate additional sales volume, revenues and additional market reach. We will be working with management to evaluate numerous strategic inquiries, analyze the pending acquisitions and develop a financing plan with the singular goal of creating additional shareholder value."
About StreetCapital
Based in Atlanta and New York, StreetCapital is a privately owned,
cutting edge investment banking firm concentrating on providing unique
and creative financial solutions to promising public companies. Their
services consist of capital raising, strategic advisory, due diligence
and private securities sales. They have specialized in funding small
and micro-cap companies since 2001. Street Capital's web site address
is www.scapital.com.
About IMD Companies, Inc.
IMD Companies, Inc., (OTC MARKETS:ICBU) is a Florida corporation,
engaged in the medical diagnostics and health and fitness
industries. The company is currently positioned to be a holding company
for major acquisitions in the medical, and marijuana industry. Its
primary products and services lie in the health and fitness and medical
diagnostics services markets. The company delivers its medical
diagnostic services on-site at participating medical clinics and
physician offices and company sponsored health fairs.
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.
SOURCE IMD Companies, Inc.