MedX Holdings, Inc. Announces the Completion of the Independent CMA for DDG Properties, LLC Assets to Confirm the $6.7Mil USD in Assets

On Jan. 15, 2018, MedX Holdings, Inc.'s (OTC Pink: MEDH) acquisition of MJ Builders of MN, LLC and DDG Properties, LLC was completed. A previously released PR provided Shareholders the $1 Million USD Valuation for MJ Builders of MN, LLC which was the first of two wholly-owned subsidiaries acquired in the transaction. The second wholly owned subsidiary was DDG Properties, LLC a real estate investment and development company; prior to releasing this information it was determined that the booked assets which will appear on the first quarterly of 2018 needed to be given the most accurate market value. The assets for DDG Properties were put through an independent appraisal per the request of Mark Miller, the CEO of MedX Holdings, to confirm a $6.7 Million USD Asset Valuation.

Mr. Miller said, “This confirmation of the value of DDG Properties assets is a large Milestone for MedX Holdings. I was eager to see the results and very impressed with the professionalism and expedition of the Independent Appraisers; in addition, I am very thrilled to have these assets added to MedX Holdings balance sheet for our first Quarterly of 2018.”

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ABOUT: MedX Holdings

MedX Holdings is a Holding Company that Acquires "Real" Businesses throughout the United States that have operational track records. 

Safe-Harbor Statement under the Private Securities Litigation Reform Act of 1995: This press release may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company’s financing plans; (ii) trends affecting the company’s financial condition or results of operations; (iii) the company’s growth strategy and operating strategy; and (iv) the declaration and payment of dividends. The words “may,” “would,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “intend” and similar expressions and variations thereof are intended to identify forward-looking statements. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company’s ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company’s Forms 10-K and 10-Q filed with the SEC.

Source: MedX Holdings, Inc.


Categories: Construction, Mergers and Acquisitions, Real Estate

Tags: acquisition, construction, DDG Properties, home building, LLC, MedX Holdings, MJ Builders of MN