JMD Properties, Inc. Acquires Diagnostic Oncology Company

NEW YORK–(BUSINESS WIRE)–JMD Properties, Inc. (OTC: JMDP) today announced it has acquired Stella Diagnostics, LLC, in a preferred stock acquisition and will be changing its name to Stella Diagnostics, Inc., to better express the new focus of the company. Daniel Wainstein, the Chairman of the Board, noted, “the Company is confident that a move into the diagnostic sector of the biotech industry will be beneficial both to our investors and to all those suffering from serious esophageal disease which is an underserved and ever-growing patient population in the U.S. and abroad.” Incoming CEO, Dr. Joe Abdo, said, “Six million Americans are living with Barrett’s esophagus which can be a precursor to the deadliest cancer relative to incidence in…