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That would be even better. I'm not so concerned about him fleecing the investors or RSing based on what we've seen so far, but we would do much better with a good regular pr session. Definitely agree.
Probably due to:
1.) 5.5 billion authorized.
2.) 3.3 billion issued.
3.) 2.7 billion float.
4.) Minimal news.
The share structure is too large for the current revenue produced. That will soon change as far as the revenue is concerned, however Tom will still need to drop those numbers lower. 3 billion A/S, 2 billion or less O/S, and a float around 1.5 billion or less would be great. If he keeps it at where it is right now, it's going to take revenue alone to bring up the pps and that's pure grunt work. Grunt work because it's fighting against the large share structure. If we had 2,000 investors then the current share structure wouldn't be so bad. But OTCMarkets has the number of investors at 76 (as of June 30, 2015). I believe that number needs updating but it may not currently be that much higher. Especially after hanging out between .0001 and .0002 for the past 4 months.
We may pick up another 50-100 with the release of the 10-K but hopefully the 10-K will put INMG back on the radar and a lot more than 100 will have their eyes on it. As we approach the release of the first quarter 10-Q in May, I think we'll really start seeing more investors come on board. That investor interest will drive up the pps.
That's when the 10-K was released last year. Probably will be the same this year, however, technically he's got til the end of the month. The only reason for waiting til the very end would be to include any progressive developments that were expected towards the end of the month.
For example, if he's waiting on a contract for the distribution of an asset or the finishing up of a project that were supposed to happen at the end of the month, then he would hold the 10-K and include that under the the subsequent events section of the 10-K as a bonus pr without having to give out a separate pr.
It also bolsters the 10-K.
That's the section I'm interested in because all you're going to see in the financials for the year are production costs for Mountains plus whatever additional revenue for the film asset distribution comes in. The subsequent events section can bring us up to date on how the production or distribution (I don't think distribution will occur until this next quarter -Q2) is coming along. Also news about the VOD Search Engine, New Broadway Cinema, maybe the fantasy sports assets, and others.
Exciting times!
I think Tom said the current assets would bring in $200k per year or around $50k per quarter. The last quarter showed slightly less than $ 50k. Someone said that was only for two weeks, but I'm pretty sure that was for the entire quarter, July thru September. The merger was complete at the start of the third quarter and those film assets had already been to market. Tom expanded the market for a few of the assets but not that much. If I'm wrong it benefits all of us but I think keeks is right about the net profits.
Remember just before the Q3 fins were released people were making estimates of 1 million plus revenue and the stock got trashed when they didn't appear.
Let's hold the jury til we can see the annual report.
fm, you're talking about for the whole year and not just the 4th quarter, right?
Good morning INMG! I'm thinking next week for finacials. Probably Thursday.
I'm seeing about 200M on the Ask @ .0002. Next week should start to see it get more interesting.
Good morning INMG! I'm thinking next week for finacials. Probably Thursday.
I'm seeing about 200M on the Ask @ .0002. Next week should start to see it get more interesting.
Great. Thanks for the info. Wonder if Amilya will surface soon.
Ha ha ha!!!
Hey! I like Ant2! He's consistent. (And ants are awesome creatures.)
Would be intesting. What makes you think that?
It's good for INMG when there's a viewing war going on with content providers. Tom can pick and choose where he wants his content distributed from.
I know! It would cost me $8 just to sell 100 shares. The games people play...
Somebody dumped 1M at .0001 but that's only $100. there were a couple orders of around 100 shares each too sold at .0001. What's that? A penny.
No volume today. Even with the good data on INMG, there's probably not going to be much volume until the 10-K comes out and we can do a good analysis on it. Hang in there caruso, it's been like this for the last 8 months. Just a couple more weeks til the annual report comes out.
Thanks ted, I'll check it out!
I'm not going to expect too much in the way of net profit from this 10-K. If he's doing what he said, he's using the earnings to fund the Mountains episodes, as well as develop the VOD Search Engine and his New Broadway Cinema. What I do hope to see is a nice Gross Revenue being generated before adjustments for operating expenses. The Occulus video mentioned that a surround view camera can be had for around $5k for a halfway decent setup. I'm sure for the production quality Tom's got in mind we're looking at a camera setup closer to $50k or more. I'm hoping to see some investments in these types of inventory assets to establish that he's developing those parts of the business. Also, we should see a greater amount of Marketing and Development expenses. If the profits aren't being invested back into the company and we see a fairly large (releatively speaking) net income then it'll take longer for the growth to occur. Net income is nice, but he's got to put it right back into the business at this stage of the game. If Tom's doing that then we'll see our net income per share for this annual report and maybe the first quarterly report stay very close to zero. Once the business starts bringing in revenue from these new ventures (Q1/Q2), then we'll start to see the profits carried forward and net income per share go up and that'll drive up the pps based on actual net worth.
Good morning TPACer's!!! Looks like it's time to load, or maybe it'll go a little lower for even cheaper shares before the Projen news pops it up again.
These will have no negative effect on TPAC as your talking about
1.) Competition between Airbus and Boeing. They still need bearings and it's still an offset savings of 24% for Airbus and Boeing to use TPAC.
2.) The technology Boeing and Airbus do not want to share with China has nothing to do with TPAC's bearings. It has to do with some of the latest state of the art engine and avionics features. They do want China, the world's great copy artists, copying their new tech.
Oops! I mean retire a couple hundred million a pop!
I have the same feeling scottie, although if they show up a little later than expected, I'm not worried. I'm more interested in how the foundation of Tom's business plan gets established. That's what's going to drive the pps. I don't know how much more in the way of pps he can retire, maybe a couple hundred thousand at a time (at the right time) to support the pps rise but revenue generation is everything.
I have the same feeling scottie, although if they show up a little later than expected, I'm not worried. I'm more interested in how the foundation of Tom's business plan gets established. That's what's going to drive the pps. I don't know how much more in the way of pps he can retire, maybe a couple hundred thousand at a time (at the right time) to support the pps rise but revenue generation is everything.
I'm not sure mjt but if you look at all of the aquisitions SinglePoint announced it looks like they're hell bent to establish themselves as a dominant sports fantasy ticker that you can invest in on the stock market. At least that's what their claim is. It may or may not be a lot more than the $120k but it's a great way to fund the moneymakers that Tom's working on now. He said that the fantasy sports end of INMG was not the direction he saw INMG going in anyway. So it's bonus money and more reason that Tom's not going to have to resort to toxic debt to fund his projects.
Absolutely. We're all looking at the first three episodes of Mountains being finished as a huge milestone, and it is. But it's just the tip of the iceberg.
Rock, I really feel that Tom has been thinking about this VR theatre and brainstorming it for a while now. And the tech is at the point where he can actually start the initial planning stages of an initial 180 or 360 degree immersive production. Sure would like to know which broadway show he wants to tackle first.
Tom said that we had some stock in the sports fantasy that we retained from the merger with INMG but was being managed by Amped Fantasy. There was some information out there on the Uptick Newswire under INMG that Singlepoint (SING) was buying up fantasy sports companies:
"SEATTLE, WA--(Marketwired - Jan 19, 2016) - SinglePoint, Inc. (OTC PINK: SING), a dynamic full service mobile marketing and payment technology company, today announced that it will be attending the 2016 FSTA Winter Conference held in Dallas, Texas from January 19th - 21st 2016.
SinglePoint is actively looking to acquire companies in the fantasy sports industry and have already had meetings with prospective companies. They plan to be signing and announcing acquisitions at the Conference."
If you look for the old Amped Fantasy webpage, it's gone. The link is dead. So it's possble that they were bought up by SinglePoint. Now, Tom had indicated in the last financials that INMG had $120k in "Stock held in non-affiliated pubco." This could be the fatasy sports stock ownership. If Amped Fantasy was bought out and INMG retained those assets, or if SinglePoint bought out INMG's remaining interest in them, that could very well increase INMG's value and show up on the first quarter 10-Q since, if it occurred, it happened in Q1 2016.
Another bit of information. In the interview Tom gave in August, he mentioned the New Broadway Cinema he was developing that would bring green screen live action stage productions to the VR world. He mentioned that although there has not been much distribution yet, there is a big future in it and content is being made currently. He then mentioned utilization of the Occulus device. If you go to the Occulus website under the developer forum there's a link to this video on the Occulus device. Go to minute marker 8:27 and it discusses the filming of stage productions, exactly what Tom had in mind back in August.
Actually my conversation was with HS not you. If you recall, you chimed in on it. HS said there ought to be an investigation. I'm not sure about your point. Seems like you're saying TPAC's guilty until proven innocent. Not the way things work in the USA. Maybe in Europe.
What??? Fine. I withdraw my accusation that there is no SEC investigation. I say everything is going along as it has been. Everyone's happy. Now, you prove that there iS an investigation.
I understand. That's why I said it's doubtful. Still leaves room for possibility. If it did get in to any theatre that would be great. Just doesn't seem likely with AMC. But who knows?
Because there's no investigation. Sorry, it's up to the accuser to prove the accusation. The accusation is that TPAC was required to file a Form D and fraudulently failed to do so. You have to prove it was required. No way to know for sure unless the SEC lets us know their opinion on this. I'm waiting for their opinion. And there's no record of any investigation by the SEC regarding TPAC.
If the SEC had anything against TPAC they would have already corrected the issue. That statement about shares that supposedly need a Form D was on the 10-K's and 10-Q's back to 2013 when it occured.
If you know about, so does the SEC. I'm happy with the SEC's decision that TPAC is a legitimate company that deserves our investment pennies.
Go $TPAC! The SEC appreciates your thorough reports!
What's not real about the 10-K?
Seems logical to me. The SEC instructions state:
"Form D is a brief notice that includes basic information about the company and the offering, such as the names and addresses of the company’s executive officers, the size of the offering and the date of first sale."
That information was all in the 10-K.
We're like those sailors stuck in the doldrum lattitudes on the good ship VGTel. No wind, flat ocean, nary a breeze matey!
I guess they could but I've only seen that happen in small private theatres, not entire chains like AMC. As an example, there's a theatre in Hollywood called the Egyptian that routinely plays single showings of old movies and cult type movies. Mountains would be a nice fit in that theatre. But AMC has a large chain of theatres and there probably wouldn't be a large enough audience for that chain to do it and make any money on it.
They've filed their REQUIRED reports in a timely matter. As to the question regarding the missing Form D, we'll let the SEC worry about that. My guess is that it's not required and when I hear from the SEC the matter will be put to rest.
So if it's not fraudulent but an oversight as your article indicated many are, I fail to see how that makes TPAC a fraud. So if it turns out they need to file the Form D, they file it late. The fact is, all the information that the SEC needs for reporting on the SEC Form D is in the 10-K.
Because it's the SEC's rule. It's always better to go to the enforcing agency for clarification. Then I'll share my research, regardless of whether it favors TPAC or not, with all on the board.
From what Tom has said, Mountains of Madness is a web based series, not a movie and therefore it's doubtful that any movie theatre chain would present an episodic series. If it were a full length movie it might be a different story.
From what Tom has said, Mountains of Madness is a web based series, not a movie and therefore it's doubtful that any movie theatre chain would present an episodic series. If it were a full length movie it might be a different story.