The company's reorganization was approved by the Financial Industry Regulatory Association (FINRA) effective October 12, 2010. The company was then approved and cleared the underwriting requirements under the Depository Trust & Clearing Corporation (DTCC) effective October 22, 2010.
The company has now been upgraded to fully compliant on the OTC Markets, Pinksheets Quotation Service. "New management plans to announce its physical 2011 aggressive growth and expansion plans shortly" stated Jannoun. "We plan to state our goals clearly and concisely, and lay out a specific road map on how we plan to accomplish each and every goal, using the newest and most innovative marketing strategies created in the marketplace in the recent years. Our focus will always be on growth internally and increasing shareholder value externally," Jannoun concluded.
ABOUT IMD COMPANIES, INC.
IMD Companies, Inc., (OTC MARKETS:ICBU) is a Florida corporation, engaged in the medical diagnostics and health and fitness industries. Its primary products and services lie in the health and fitness nutraceutical and medical diagnostics services markets. The company further plans to expand into the weight-loss industry. The company delivers its medical diagnostic services on-site participating medical clinics and physician offices. The nutraceutical supplements, pills, bar and gels will be marketed and distributed through participating clinics and on-line web marketing retail methods. The company will continue to develop its innovative marketing strategies, including the use of social networking vehicles.
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|SOURCE IMD Companies, Inc.|
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