iMD Companies, Inc. (OTCPK:ICBU) signed a memorandum of understanding to acquire LCG Plastech Private Limited Company on March 8, 2018. Upon completion, LCG Plastech Private Limited Company will become a wholly owned subsidiary of iMD Companies, Inc. Once the due-diligence process is complete, the Board of Directors of IMD Companies, Inc. will review the report and enter in to a definitive agreement.