Accredited Small Cap Investor Irwin "Izzy" Zalcber
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Accredited Small Cap Investor Irwin "Izzy" Zalcberg Backs IMD Companies Inc., in The Legalized Marijuana Industry With A Private Placement Agreement of $1,000,000.00
Tampa, FL, March 20, 2014 /PRNewswire/ - IMD Companies Inc., (OTC Pink: ICBU) has agreed to a private placement investment with Irwin "Izzy" Zalcberg, a well-known distinguished accredited Small Cap investor with a large rolodex of connections in the upper echelon of the corporate world. The Company has already received the first round of investment from Izzy. The total investment commitment from Mr. Zalcberg to ICBU is just over $1,000,000.00. Izzy has verbally committed additional funds if the Company has the need of them for future acquisitions or joint ventures.
IMD Companies Inc., President Larry Robertson states, "Mr. Zalcberg has obviously recognized the unique opportunity and value of our company in the early stages of our progress to provide new innovative technologies and products in the legalized marijuana industry. We feel that with our newly acquired acquisitions of R-Quest Hydroponics from (OTC Pink: EXMT) and Greenlinks, that we have an excellent base to grow our revenue stream. Mr. Zalcberg was impressed with our new state of the art EMC-5000 system as well as other products that we are developing for dispensaries, retail customers and growers in the medical marijuana industry. We look forward to working with Mr. Zalcberg. Our due diligence has shown that Izzy is a successful small cap investor with a superior vision when it comes to business. We are excited to have him on our team and look forward to his assistance in our rapid expansion for all our companies."
Irwin "Izzy" Zalcberg comments, "I agreed to invest in ICBU because they are unique for the products and services that they are providing for the medical marijuana industry. ICBU has the vision and expertise to provide the market what it needs to grow the industry to new heights. The company has been very innovative in its approach to supply growers with new innovative technology. It is in my opinion, that ICBU and its subsidiaries are going to be a huge winners in terms of increasing shareholder value."
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http://finance.yahoo.com/news/accredited-smal...00524.html