PR Newswire
PLACERVILLE, CA, Nov. 10, 2017
PLACERVILLE, CA, Nov. 10, 2017 /PRNewswire/ - IMD Companies,
Inc. (OTC: ICBU) Board of Directors announced today that the company's subsidiary KRSNA Minerals had record revenues of
$4,616,013 and net profits of $996,490 for the second quarter
June 30, 2017. The company expects higher revenue numbers for the third quarter as well. iMD filed
its second quarter financials today and expects to have third quarter financials filed by the end of next week. The company
expects to be fully current with OTC Markets next week as well. The company will announce Third Quarter Financials once
filed.
KRSNA Minerals is expanding operations on its mines because of additional purchase orders from Hong
Kong based company for 5,000 Metric Tons of Magnesia Chrome Powder and 40,000 Metric Tons of Iron Ore increasing the
purchase order to approximately 70 million dollars. Because of the additional orders the contract
had to be extended to two years for delivery. The company is looking to ship its second order of 10,000 metric tons of Chrome
Powder as first order was shipped last quarter. Mining Operations are moving forward on all orders.
About iMD Companies, Inc. www.imdcompaniesinc.com
IMD Companies, Inc. (OTC: ICBU) is a Florida corporation, engaged in the manufacturing,
extraction and distribution in mining, hydroponics industries and asset accumulations of revenue producing companies. The company
is positioned to be a holding company for acquisitions in the medical, mining and hydroponics industries. Acquisitions in those
areas are R-Quest Hydroponics from Anything Technologies Media (OTC: EXMT). 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 core Hydroponics business while strategically seeking to acquire new business and
create other business alliances, which generate increased revenues and earnings.
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," "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 Anything Media Inc