KINGWOOD, Texas, March 10 International Merchant Advisors, Inc. (PK: IMAI) www.imaiinc.com announced today that the company is preparing to complete the purchase of medical marijuana management and development company Organic Science, Inc. Organic Science, Inc. is intended to become the primary operating subsidiary of IMAI in this business segment, and is focused on the implementation of Organic's plans for acquisition and development of medically supervised Wellness Centers and medical marijuana clinics in selected markets throughout the USA. International Merchant Advisors agreement to purchase Organic Science is subject to a valuation from an independent third party, and CEO Mel Roseman offered this update on its progress, "We believe that the valuation will meet or exceed our expectations, and anticipate closing on the purchase of Organic Science. As soon as we have verified the valuation from the independent analyst, we intend to complete the purchase at our earliest opportunity."
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About International Merchant Advisors, Inc.
International Merchant Advisors, Inc. (IMAI) www.imaiinc.com is an international business banker and builder of companies. IMAI provides direct access to the critical tools necessary to satisfy the growth requirements of international emerging and re-emerging public and private companies. These tools include providing strategic advisory services, capital raising strategies, direct access to capital markets, and organizational development and business plan execution.
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Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report.
SOURCE International Merchant Advisors, Inc.
