PLACERVILLE, CA / ACCESSWIRE / June 27, 2018 / iMD Companies, Inc. (OTC PINK: ICBU) Board of Directors announced today that the company has completed its first quarter financials and has uploaded them to OTC Markets. The company expects to be current within the next 48 hours upon approval by OTC Markets.
The company recently completed the acquisition of SG Minerals Mining Company a subsidiary of iMD. iMD and SG Minerals are currently working on the feasibility and due diligence on developing a large mining operation in Nevada to extract Gold and Precious Metals from claims that are being completed at this time.
Richard Wilson. CEO of iMD stated, "We are very excited about the opportunity to have a mining operation in Nevada. One of the reasons we acquired SG Minerals was, so we could expand our mining operations and have them be the ones to create and extract the precious metals. SG Minerals has the background and expertise to endeavor such an operation. The company plans on acquiring these Gold mining claims to add revenues and assets to the bottom line. We will update our shareholders on a timely basis as to the progress of this acquisition as well as others."
About iMD Companies, Inc. www.imdcompaniesinc.com.
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iMD Companies, Inc., (ICBU) is a Florida corporation, engaged in the manufacturing, extraction and distribution in mining and asset accumulation 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 increase shareholder value by tactically growing our business while strategically seeking to acquire new business and create other business alliances, which generate increased revenues and earnings.
Safe Harbor Statement:
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Act of 1934 that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations and assumptions upon which they are based are reasonable, we can give no assurance that such expectations and assumptions will prove to have been correct. Some of these uncertainties include, without limitation, the company's ability to perform under existing contracts or to procure future contracts. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including without limitation, successful implementation of our business strategy and competition, any of which may cause actual results to differ materially from those described in the statements. We undertake no obligation and do not intend to update, revise or otherwise publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of any unanticipated events. Although we believe that our expectations are based on reasonable assumptions, we can give no assurance that our expectations will materialize. Many factors could cause actual results to differ materially from our forward-looking statements.
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.
SOURCE: iMD Companies, Inc.