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."
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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SOURCE International Merchant Advisors, Inc.