OTC/PINK Breaking Material Events

[Themistocles_I]

Longer term play with huge % gain potential


(INMG) Innovativ Media Group Prepares for World Wide Launch of CANNANET.TV

INMG Security Details Share Structure
Market Value $2,199,229 a/o Jul 31, 2017
Authorized Shares 500,000,000 a/o Jun 28, 2017
Outstanding Shares 226,724,670 a/o Jun 28, 2017
-Restricted Not Available
-Unrestricted Not Available
Held at DTC Not Available
Float 107,111,602 a/o Jun 28, 2017
Par Value Not Available

https://www.otcmarkets.com/stock/INMG/profile


The CEO, Tom Coleman owns 92M shares of the outstanding shares, and NO CONVERTIBLE DEBT.


NOTE: I’ve been invested in this stock for the past several months. I’m estimating that somewhere between 25% and 40% of the float has been bought already. Again, it is just my estimation.


LOS ANGELES, CA - June 20, 2017 - InvestorsHub NewsWire - Innovativ Media Group, Inc. (OTCPK:INMG) (Company), a multi-media content producer and distributor, today announced it has entered into agreement with Night Flight, Inc. www.nightflight.com owner of Night Flight Plus, the iconic premium online streaming network based on the award winning 80s rock n roll TV series, to provide and program customized content for a branded sub-channel on CannaNet.TV http://www.cannanet.tv/, its new online, ad supported platform which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries.

The CannaNet.TV channel tentatively titled Night Flight High will program a broad range of exciting, targeted content, including music documentaries, exclusive interviews, nostalgic, cult, horror, animated films and TV series curated from Night Flights 4000 titles and 1000 interviews with such rock luminaries as AC/DC, David Bowie, Lou Reed, Ozzy Osbourne, Queen, Keith Richards and Grace Slick.

NOTE: The purchase of NightFlight was only a few thousand dollars, and the money used to make this minority purchase was with cash and restricted shares. It was also mentioned in the last several press releases that Cannanet.tv is scheduled to launch 4th Quarter 2017. My guess is that it will be in October, but that’s just my opinion.


INNOVATIV MEDIA (INMG) TO LAUNCH CANNANET.TV IN EUROPE

LOS ANGELES, CA – April 27, 2017 – (Access Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced that it will also be launching its new online, ad supported platform and channel CannaNet.TV http://www.cannanet.tv/
in Europe via http://www.cannanet.eu and will offer a German language version at http://www.cannanet.de/ The channels will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries featuring customized programming for the European and German markets. The Company will be represented at the Mary Jane Conference in Berlin, Germany this June. http://maryjane-berlin.com/

“Outside the US the Cannabis industry is growing at an even more rapid pace in less regulated environments so establishing CannaNet as a worldwide brand is a prime objective. We especially see near term opportunities in the Germany,” said Company CEO, Tom Coleman.

NOTE: INMG did attend the Mary Jane Conference, but it was basically a user event. The companies there were concentrating on selling their blend; not on talking to someone about advertising in the future. In other words, it wasn’t a big deal.


INNOVATIV MEDIA (INMG) TO BE AN EVENT SPONSOR AT MJAC 2017

LOS ANGELES, CA – May 2, 2017 – (Access Wire), Innovativ Media Group, Inc. (OTCPK:INMG) (“Company”), a multi-media content producer and distributor, today announced it will be a premium event sponsor at MJAC 2017 the InvestorsHub International Cannabis Conference to be held in Los Angeles, California September 1-2, 2017. The Company will host a prominent booth and will make a presentation of the CannaNet.TV platform, its new online, ad supported channel http://www.cannanet.tv/ which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries. “MJAC 2017 will be a major industry conference and we believe it a fitting forum to introduce CannaNet. TV” said Company CEO, Tom Coleman.
Matthew Collom of InvestorsHub.com added: “We are pleased to have Innovativ Media Group, Inc. as one of our premium sponsors. The CannaNet platform is quite innovative and we believe it will be of substantial interest to our MJAC 2017 attendees. We are pleased that INMG is choosing to debut it at our Conference.”

INMG has a significant amount of revenue in the Cannabis Industry & Culture from original entertainment, educational or informational programming content, along with the ad and commercial supported platform. This would make INMG an exciting growth micro stock with a potential upside “if” the company executes their vision and strategy properly. Tom Coleman, the CEO, has a proven track record in the media/entertainment industry, so the odds “appear” to be in the investors’ favor.
Check out https://en.wikipedia.org/wiki/Tom_Coleman


July 31, 2017 - MJAC2017 Powered By CBMJ Canna Broadcast Media, announces its MJAC Start Up Pitch Event.

The contest, which is taking place during MJAC2017 (www.mjac2017.com) - the premier cannabis event devoted to retail investors -, will enable companies to pitch their ideas and businesses to a panel of respected heavyweights of the cannabis industry. Attendees of the conference will be able to watch the event, which will also be live streamed by Innovativ Media Group, Inc via its CannaNet.TV.

The lucky winner will receive marketing to the value of $20,000 on InvestorsHub (www.investorshub.com), the worlds most significant retail investor website, which boasts 2.4 million unique visitors per month.
The MJAC Start Up Pitch Event will take place on Saturday, September 2nd on day two of the MJAC2017 InvestorsHub International Cannabis Conference, which is being held at the JW Marriott Los Angeles L.A. Live.
The MJAC Start Up Pitch Event will provide fantastic industry exposure for everyone involved and the prize of $20k-worth of marketing on a retail investor site as renowned and far-reaching as InvestorsHub.com will be invaluable to start-up companies, said Michael Hannigan of InvestorsHub. The MJAC Start Up Pitch Event is just one part of a very exciting schedule of events at this unique cannabis investment conference.



Next, I would like to review some important information that I believe is critical in understanding the value of INMG from recent filings:

1- $185,995 reported revenue in 2016
2- $43,552 reported profit in 2016
3- Zero Convertible Notes or Debt
4- Approximately $2.7M in assets reported in 2016
5- $17k total debt on the books in 2016
6- CEO, Tom Colemen is a very well connected and a highly successful executive producer in the entertainment industry.
7- Filed OTC Attorney Letter on April 22, 2017 and from previous press release have stated a major interest in upgrading to the OTCQB.


To elaborate on the lack of convertible debt, I emailed the company back in April asking about this because there was a poster throwing empty accusations about it. If you feel it’s necessary to read the actual email from INMG, I’ll be happy to send you another email with the copy attached.

EMAIL RESPONSE FROM INMG 4/27/2017 Summarized


With regard to the series B stock and the accusation to dilute shares.

INMG’s RESPONSE: Preferred shares are restricted and would in any event be limited to conversions subject to affiliate status rules. A far better indicator of prospective dilution is a Company’s debt and INMG has none.

With regard to the company not being a legal entity.

INMG’s RESPONSE: INMG is a Washington State Company in good standing. There is a Wyoming private corporation in the same name that holds the stock of the controlling shareholder. The Company’s FS addresses all issues with respect to P&L.

With regard to the attorney supposedly lying about the uplisting.

INMG’s RESPONSE: INMG filings including its annual required “Attorney Letter” is in complete compliance with all SEC and OTC rules

With regard to NOTE 3: UNAMORTIZED FILM COSTS AND SPORTS BUSINESSES WRITE DOWN

INMG’s RESPONSE: The above is a fairly typical accountant's note regarding amortization which in this case refers to a large content library the Company acquired and is required to write down periodically. Have no idea why they think this is in anyway a negative – it shows proper accounting and a strong balance sheet.

The most relevant factor here regarding INMG is what to measure when looking at the possibility of dilution. That would be the current share structure: Authorized shares, Outstanding shares, and Float.
Regarding the preferred stock series, they cannot be considered 'issued' like common stock because of Rule 144 (SEC). In other words, converting the whole series entity of preferred to common shares would go completely against the rules. Why? Rule 144 states conditions that companies must follow. Since INMG is a reporting company, they must comply with the periodic reporting requirements of the Securities Exchange Act of 1934, and INMG has been fully compliant.
https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html


Preferred series stock is usually included for directors, insiders, voting power, etc... We have correspondence directly from INMG, which they point out, that preferred shares come with restrictions. These restrictions have sets of rigid standards set by regulators. This happens to be a non-issue since there is no convertible debt on the books, anyhow. Preferred series shares will take years before they are issued, if ever.

THEREFORE...

The Company as of March 31, 2017 had 11,139 shares of Series B Preferred Stock authorized and 8,132 issued and outstanding. The issued and outstanding Series B preferred Stock is subject to a lock up and redemption agreement. The Series B Preferred Stock is convertible into Common Stock on a basis of 1 Preferred share to 2,500,000 Common shares and is non-dilutive as to stock splits. 11 shares were converted into 27,500,000 Common Shares during the 1st Quarter of 2017.

The issued and outstanding Series B preferred Stock is subject to a lock up and redemption agreement.

Basically, what the preferred B provides is controlled funding to the company in very small increments when needed. This is A LOT BETTER THAN TOXIC CONVERTIBLE DEBT in which they WOULD HAVE NO CONTROL OF WHATSEOVER.

I believe it’s being used to build the channel from when they bought cannanet.tv assets for $112k.

LOS ANGELES, CA–(Marketwired – Mar 8, 2017) – Innovativ Media Group, Inc. (OTC PINK: INMG) (“Company”), a multi-media content producer and distributor, today announced record results for its fiscal year ended December 31, 2016. Company revenues increased over 88% from $98,792 to $185,995 and EBITDA increased by over 2200% from $1,880 to $43,552, the highest in Company history. The Company has posted 6 Quarters of successive earnings since acquiring the Innovativ Media entertainment assets in mid-2015. “The INMG media assets provide the Company with a stable and reliable base from which we intend to build upon in the coming months with several new projects we have been developing,” said Company CEO Tom Coleman.


MUST VIEW LINKS OF OUR CEO, TOM COLEMAN, forming a Cannabis related Media and Entertainment company that looks promising.
https://en.wikipedia.org/wiki/Tom_Coleman

https://www.facebook.com/HollywoodReporter/videos/10154183599417750/

http://www.hollywoodreporter.com/features/i-was-carrie-fishers-1978-oscar-date-spielberg-lucas-a-3-am-afterparty-john-belushi-977441

http://www.hollywoodreporter.com/heat-vision/carrie-fishers-1978-oscar-date-recalls-his-unexpected-evening-star-wars-royalty-978323

http://www.vanityfair.com/style/2017/02/carrie-fisher-debbie-reynolds-oscar-date-1978

http://www.radiotimes.com/news/2017-02-23/carrie-fishers-1978-oscars-date-wrote-a-heartfelt-essay-about-his-evening-with-a-real-life-princess