PLEASE STICKY POST
: I firmly believe INMG has millionaire maker fundamentals with an extraordinary visionary CEO that continue to deliver to shareholders without burying them in debt and liabilities that 99% of OTC /PINK stock typically do. Additionally, both have business models that tap into the hottest sector on the planet and should continue to be for years to come.
Lets dive right into INNOVATIV MEDIA (INMG) first. A lot has transpired since my initial blog on INMG, so lets get you up to date. I will also share my feelings and opinions on what exactly is going on behind the scenes from my due diligence. The first thing you should all know about INMG is that they will have a dual presence at one of the biggest cannabis investor event ever taking place on Sept 1-2 in California. http://www.mjac2017.com
Here is a little about the event that you should know about this event. MJAC2017 InvestorsHub International Cannabis Conference
MJAC is the premier cannabis conference for retail investors brought to you by InvestorsHub. A live two-day cannabis investing symposium with cannabis industry exhibitors, keynote and guest speakers, industry expert panels and educational workshops.
MJAC2017 will feature 50 prominent cannabis industry exhibitors along with guest speakers, industry expert panels and educational workshops. Exhibitors will get the opportunity to meet over 2000 qualified potential investors and market themselves on InvestorsHub. Join us at the JW Marriott Los Angeles L.A. Live, September 1st & 2nd 2017. Additionally it was just released in a press release by IHUB that CannaNet.tv will be streaming LIVE from the MJAC. I will discuss why this is a big deal after the excerpt from the press release below.
“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.” Why is this a big deal?
This event will have 1000’s of Cannabis Investors/funds managers in attendance looking to put their money to work in companies within the cannabis sector. INMG will have a prominent position at this meeting in two exhibit booths in which one will be dedicated for Streaming LIVE & Demonstrating Cannanet.tv’s revenue generating platform and Content, and the other for the main company Innovativ Media Inc for investor relations. Additionally, there will be 50-100 cannabis related businesses and services there as well that are ALL potential customers for CannaNet.tv. So, without question, INMG will benefit greatly from this event and I firmly believe the current prices will be long gone as we get closer to the meeting and afterwards as well the price of the stock should increase dramatically as more and more investors get a glimpse and see the potential in INMG.
Now, lets look at the other two press releases by INMG since my last update. They are both related to NIGHT FLIGHT in a content deal and the other being INMG taking a minority ownership in the company. NIGHT FLIGHT was the #1 watched late night tv series every weekend on the USA Network for about 8 years in the 80s and syndicated in the 90s as well. “Night Flight is an online visual-arts magazine and variety television show that originated on cable TV network USA Network. It originally aired from 1981 to 1988 before moving to syndication in the early 1990s. The show relaunched online on nightflight.com in 2015 with original episodes that can be streamed on the subscription channel Night Flight Plus. It includes a mix of mainstream and alternative music videos, artist interviews, B movies, documentaries, short films, stand up comedy, cartoons, and more.”
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.
We cannot think of a better brand to bring on board CannaNet than Night Flight its blend of eclectic, dynamic, irreverent and unique high quality video entertainment, which continues to be enjoyed by millions of fans, will surely be embraced by our audience and community said Company CEO, Tom Coleman.
Stuart S. Shapiro, CEO of Night Flight, Inc. added: Our relationship with Innovativ Media is an excellent opportunity to expand the Night Flight brand and market our premium service Night Flight Plus www.nightflightplus.com .
CannaNet.TV is expected to launch in the 4th Quarter 2017.
Innovativ Media (INMG) Acquires Minority Stake in Night Flight -CannaNet.TV Programmer Takes Equity Position in Iconic Brand
LOS ANGELES, CA–(Marketwired – Jun 27, 2017) – Innovativ Media Group, Inc. (OTC PINK: INMG) (“Company”), a multi-media content producer and distributor, today announced it has purchased a minority equity interest in Night Flight, Inc. www.nightflight.com owner of ‘Night Flight Plus’ www.nightflightplus.com, the iconic premium online streaming network based on the award winning 80s rock n’ roll TV series, and which is also a programmer of a branded sub-channel on CannaNet.TV http://www.cannanet.tv/
, the Company’s new online, ad supported platform, scheduled to launch in the 4th Quarter, which will stream curated and original entertainment, informational and educational video content related to the Cannabis and CBD culture and industries.
The Company’s equity interest in Night Flight, Inc. was purchased with a combination of cash and through the issuance of restricted common shares of the Company’s stock and was completed on June 25, 2017.
“We believe that Night Flight is positioned to once again become the media taste maker for a new generation of fans seeking a unique and irreverent brand of premium entertainment not found anywhere else online,” said Company CEO, Tom Coleman.
Stuart S. Shapiro, CEO of Night Flight, Inc. said: “We welcome the investment by Innovativ Media Group, Inc. and appreciate its support and strong belief in the Night Flight mission.” http://www.marketwired.com/press-release/innovativ-media-inmg-acquires-minority-stake-in-night-flight-otc-pink-inmg-2223893.htm Here are the main points: Night Flight will provide CannaNet.tv content in several forms and have a feature program series called “Night Flight High.” Additonally, INMG became a minority stakeholder of Night Flight, and will be offering Night Flight Plus (the streaming service provided by Night Flight) through INMG’s streaming service, CannaNet.tv. The acquisition was made through a combo of cash and shares that are restricted for 1 year. What is impressive and important to note here is that Night Flight Plus is available through Roku, Chromecast, Amazon Fire, and AppleTV. The fact that INMG is now having a minority ownership in Night Flight, the likelihood that INMG will have access to these mediums is extremely high.
https://www.amazon.com/Zype-Night-Flight/dp/B01CZ2MQJ8 https://channelstore.roku.com/details/76854/night-flight https://plus.google.com/111577522040541071459/posts/32WysE6mcWz https://itunes.apple.com/us/app/night-flight-plus/id1124616471?mt=8
) Furthermore, if you check their social media/facebook, you will see that they have a very high following/audience and poster engagement on NIGHT FLIGHT. They have over 93,000 Facebook followers and the engagement level per facebook entry averages in the 500 to several 1000. This is huge exposure that INMG can tap into immediately with the upcoming launch on CannaNet.tv.
Finally I would like to do a market cap comparison between some recent cannabis sector runners and why I believe INMG will surpass all of them based on share structure, financials, debt, liabilities, and revenue. Here is a quick view of INMG vs. AMFE, PNTV, & POTN with data provided on www.otcmarkets.com/ Remember from my first blog, INMG has virtually no convertible debt, no toxic notes and almost $0 liabilities along with growing revs quarter over quarter for the last 6 quarters. That alone is very difficult to find a stock in this sector to invest in whether you are looking at the OTC, NYSE, or NASDAQ. There is no doubt the Ceo, Tom Coleman, is treating INMG like a big board stock. Now, the current market cap of INMG is under $3M. This is ridiculously low and undervalued for this sector. If you compare it to PNTV, AMFE, POTN, which all have had nice runs and have market caps between $30M in POTN and over $80M for AMFE and POTN. See data below taken off otcmarkets.com Additionally, if you look at the current liabilities /debt of these companies you will find that they the millions of dollars in debt vs. INMG which is virtually zero.
A PPS of about .40 would put INMG market cap INLINE with 2 of the companies below.
INMG Security Details
Market Value1 $2,720,696 a/o Aug 01, 2017
Authorized Shares 500,000,000 a/o Jun 28, 2017
Outstanding Shares 226,724,670 a/o Jun 28, 2017
Float 107,111,602 a/o Jun 28, 2017
AMFE Security Details
Market Value1 $83,405,608 a/o Aug 01, 2017
Authorized Shares 900,000,000 a/o Jul 01, 2017
Outstanding Shares 473,895,499 a/o Jul 01, 2017
Float 266,034,139 a/o Jul 01, 2017
PNTV Security Details
Market Value1 $84,900,707 a/o Aug 01, 2017
Authorized Shares 1,200,000,000 a/o Jul 31, 2017
Outstanding Shares 561,995,813 a/o Jul 31, 2017
Float 148,960,672 a/o May 12, 2015 (Outdated. Float is higher)
POTN Security Details
Market Value1 $30,937,927 a/o Aug 01, 2017
Authorized Shares 1,000,000,000 a/o Mar 31, 2017
Outstanding Shares 484,920,485 a/o Mar 31, 2017
So, in summary, I believe INMG will begin to its ascent north in the coming days and weeks as we come closer to the MJAC2017 and eventually the Official Launch CannaNet.tv. The man behind the helm is a very well season Hollywood Executive Producer whose visions in the past have made him quite famous in the movie industry. He has an abundance of connections in Hollywood in the form celebrities, actors, and people behind all the media circles. CannaNet.tv is a ground floor opportunity in what I would compare to it being the MTV of the Cannabis Industry & Culture. There is a definitive need for cannabis related companies whether medicinal, recreational, research, service orientated or just pure entertainment to have a vehicle or platform to advertise on. INNOVATIV MEDIA’s (INMG) is ready to cash in on this growing need and at the same time give the world a branded streaming network channel full of content specifically designed for the Cannabis culture from Medicinal To Recreational and from Educational to Entertainment with LIVE STREAMING NEWS & CONTENT all specific to the Cannabis Industry.