$ICBU: NEWS~~iMD Companies, Inc., Files September
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Posted On: 11/20/2017 8:48:31 AM
$ICBU: NEWS~~iMD Companies, Inc., Files September 30, 2017 Financials, KRSNA Minerals Has Record Revenues of $15,770,245 through Third Quarter
Nov 20, 2017
OTC Disclosure & News Service
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iMD Companies, Inc., Files September 30, 2017 Financials, KRSNA Minerals Has Record Revenues of $15,770,245 through Third Quarter
PR Newswire
PLACERVILLE, CA, Nov. 20, 2017
PLACERVILLE, CA, Nov. 20, 2017 /PRNewswire/ - iMD Companies, Inc. (OTC:ICBU) Board of Directors announced today that the company's subsidiary KRSNA Minerals had record Third Quarter revenues of $5,384,615. The company has had revenues of $15,770,245 through the Third Quarter and gross profits of $8,488,836 for 2017. The company posted net profits of $1,137,431 as well. iMD Companies, Inc., is now fully current with OTC Markets and is focused on becoming a fully reporting company.
KRSNA Minerals has expanded its operations to meet the increasing demand for Magnesia Chrome Powder and Iron Ore. As previously announced the initial purchase order was increased to approximately 70 million dollars. The company is also working on other contracts to fulfill orders as well and expects revenues to be strong for fourth quarter because of increased demand. IMD is also targeting other acquisitions for the company and will announce as completed.
http://www.otcmarkets.com/stock/ICBU/news/iMD...62&b=y
Nov 20, 2017
OTC Disclosure & News Service
-
iMD Companies, Inc., Files September 30, 2017 Financials, KRSNA Minerals Has Record Revenues of $15,770,245 through Third Quarter
PR Newswire
PLACERVILLE, CA, Nov. 20, 2017
PLACERVILLE, CA, Nov. 20, 2017 /PRNewswire/ - iMD Companies, Inc. (OTC:ICBU) Board of Directors announced today that the company's subsidiary KRSNA Minerals had record Third Quarter revenues of $5,384,615. The company has had revenues of $15,770,245 through the Third Quarter and gross profits of $8,488,836 for 2017. The company posted net profits of $1,137,431 as well. iMD Companies, Inc., is now fully current with OTC Markets and is focused on becoming a fully reporting company.
KRSNA Minerals has expanded its operations to meet the increasing demand for Magnesia Chrome Powder and Iron Ore. As previously announced the initial purchase order was increased to approximately 70 million dollars. The company is also working on other contracts to fulfill orders as well and expects revenues to be strong for fourth quarter because of increased demand. IMD is also targeting other acquisitions for the company and will announce as completed.
http://www.otcmarkets.com/stock/ICBU/news/iMD...62&b=y
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