Cannabis Investments and News. Roots of a Budding Industry.™

You are here

IMAI

International Merchant Advisors, Inc. symbol change from IMAI to DHSMD.PK

IMAI has apparently had a symbol change to DHSMD.PK. No further information has been gathered and we do not know whether they are still applicable here. More news will follow as confirmations are made.

Tags: 

International Merchant Advisors Signs Letter of Intent to Acquire Assets of Good Health Network, Inc.

NASHVILLE, TN--(Marketwire - November 15, 2010) - International Merchant Advisors, Inc. (PINKSHEETS: IMAI) announced today that it has entered into a letter of intent to acquire all of the assets of Good Health Network, Inc., a Florida corporation, in exchange for common stock of International Merchant Advisors, Inc.

"What is attractive to us," explained Gordon Getz, CEO of International Merchant Advisors, "is that Good Health Network has the technology in place to secure, trusted IT solutions for authentication and access control for healthcare medical data."

Tags: 

International Merchant Advisors Enters Into Negotiations to Acquire Good Health Network

NASHVILLE, TN--(Marketwire - November 8, 2010) - International Merchant Advisors, Inc. (PINKSHEETS: IMAI) announces that it has entered into negotiations to acquire a majority stake in Good Health Network, Inc.

Good Health Network, Inc. ("GHN") provides secure, trusted IT solutions for identity management, authentication and access control for healthcare medical data.

The electronic healthcare IT segment is expected to blossom into a 5 billion dollar a year market in 2011 expanding into a 15 billion dollar market by 2015.

Tags: 

International Merchant Advisors Appoints Executive Vice President

James Kragh, Former CEO of Good Health Network, Will Play Key Role in Health Care Endeavors

NASHVILLE, TN--(Marketwire - November 1, 2010) - On a mission to strengthen its executive team, International Merchant Advisors, Inc. (PINKSHEETS: IMAI) today announced the appointment of James Kragh to the position of Executive Vice President. Kragh, former CEO of Good Health Network, will play a first hand, key role in International Merchant Advisors' plans to expand its current health care operations by aggressively pursuing qualified health care acquisition targets.

"Kragh's 17 year track record in the health care industry, particularly his recent success as CEO of Good Health Network, makes him a valuable addition to our team," said Gordon Getz, CEO of International Merchant Advisors. "This appointment sends a message to our shareholders that we are truly on a mission to grow and expand our company first by strengthening our executive team and second by going into acquisition mode within the health care industry. These movements will increase shareholder value."

Tags: 

International Merchant Advisors Announces New CEO

NASHVILLE, TN--(Marketwire - October 22, 2010) - International Merchant Advisors, Inc. (PINKSHEETS: IMAI) has announced that Gordon Getz has joined IMAI's board of directors and has been named Chief Executive Officer with immediate effect.

This signals the end of Seth Maling's tenure as CEO and he will return to his former role as Director of Business Development. He said he "couldn't be more pleased with the board's choice" in a company statement.

Gordon Getz began his career as a pharmaceutical research biologist with Sterling Winthrop Research Institute in Renssalaer, NY and also has over 35 years of experience in sales and marketing in the pharmaceutical and specialty medical device sector of the healthcare industry including Pfizer Pharmaceuticals and Bristol Laboratories. Commenting on his appointment, Mr. Getz said, "I am extremely honored to take on the role of CEO of International Merchant Advisors. I look forward to working closely with other executives within the medical industry particularly the medical marijuana sector. I will strive to pick-up the pieces and move forward with new ideas and leadership to grow the Company and increase shareholder value."

Tags: 

International Merchant Advisors Announces Senior Debt Holder Converts Balance to Equity in Company

SAN DIEGO, May 24 /PRNewswire-FirstCall/ -- International Merchant Advisors, Inc. (Pink Sheets: IMAI) www.imaiinc.com is pleased to announce today that the company's senior lender has converted its six figure debt into equity in the company. As of year end, 2009, the company had $662,000 in total debt and liabilities outstanding. This has now been reduced to less than $28,000. IMAI will continue to focus its efforts on expanding the business of the company, including the expansion of its medical marijuana clinics managed by Organic Science, Inc. and the continued search for international business opportunities to maximize the company's skills as a business builder and advisor to public and private companies throughout the world.

Tags: 

Pages