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10 million
Maybe by August.
Slow burn baby! A lot of diversity with Tom and INMG. INMG$$$$
Awesome! Thanks I'll check em out! And welcome back! And I hear you, 9 months is a long time to wait on a pinkie. But it could be huge.
It would be a shock if he did, especially after railing on how INMG has no convertible debt. And also when he said that if he needed investment dollars he would just sell one year restricted preferred shares. I don't think the money right now or even the pps is the big issue with Tom. He's not pumping, in fact there's NO info coming out right now. That would be worrisome if he had been hyping a lot with nothing in the way of earnings improvement would happen until Q1/Q2.
I think Tom is satisfied where the company is right now. I think his focus is on the business with "Mountains" currently in production along with a few other things like the Broadway play green screen adaptations for video, new streaming channels, VOD search engine and so forth. And, although it's under the umbrella of a different company, he still has the fantasy sports league ownership. He's got a lot of irons in the fire and he knows it. He's got to be busier than a rooster in a henhouse. So the idea that we haven't heard from him in a while is fine with me.
Just keep pluggin' away Tom.
Thanks for the tip! "Ages" is kind of a relative term. We already know the takeoff time for INMG wont be until Q2.
However, between now and then could be some pops. BTW, what does RXM* sell? What does the company do?
Not sure where you're getting that from. If you think Tom's dilluting he's not making much money. It would take 100 million shares to get $10,000 which would hardly be enough to do anything with from a business standpoint.
Potentially, yes. Hopefully sooner than that but history usually shows companies using the entire grace period before filing. This is definitely a waiting game.
Here's the other bit of news that I hope won't scare people off. I don't think we're going to see an appreciable rise in the value of INMG until the Q1 filing (due in May.) The reason is that the release of the first episodes of "Mountains of Madness" will not be until sometime in the first quarter, if I remember correctly. So the revenue from those first shows will probably not show up until the 10-Q for Q1-2016 in May. The 10-K due by March will probably be the same revenuewise as the the last 10-Q, around $50k. Here's the kicker though, the net gain might even be less than the last quarterly ($15k) due to the production costs associated with producing "Mountains" not being offset by any revenue yet.
Tom does have other projects but I think we can only guess at those right now. He's supposed to be developing that VOD Search Engine too. If he comes out with another interview around 10-K time, which i think he will, then we'll get an update on the company's goals going into 2016.
He's always said in the interviews to look to Q2 for effects on the pps.
Last annual 10-K covered the calendar year Jan thru Dec. (some use a different fiscal year.) The 4Q 10-Q is part of the annual 10-K so there is no requirement to file both, only the 10-K. Tom's got 90 days from Dec 31, 2015 to file the 10-K. That puts it before the end of March. Last one was filed in the middle of March. The next 10-Q will be for Q1 2016 and will be due 45 days after Mar 2016, so by middle of May.
Q1 due May 15
Q2 due Aug 15
Q3 due Nov 15
10-K due Mar 31
Yes, the timing looks good if she can pull it off.
You might be correct about the resolution issue but then again they've got great makeup artists on those kind of shows!
I agree though, any production is better than nothing.
Yes. She's got her own radio show but with how well she did on the Steve Harvey Show not too long ago, it's possible that she's going to be launching her own 4K small business oriented talkshow. That would be big and theres definitely a niche there that has not been exploited yet.
Can't say for sure but it had to have something to attract a CEO like Amilya Antonetti. If she exits VGTel then no, there's probably no business here worth saving. There was $0 revenue being generated for the last 9 months of 2014 according to the last 10-Q.
That's all anyone knows because VGTel is not saying or reporting anything yet. It may or may not have something to do with the investigation by the SEC although the SEC requires and usually encourages disclosure.
They might have discontinued the audit upon finding some insurmountable obstacle. But that was supposed to be completed by the end of October. They could have then probably filed a Form 15 to suspend filing but they didn't. So there probably is still something worth reporting.
There could also be some kind of company reorganization underway. They were all about 4K up until 2015 but it could be something different now.
Nobody knows so it's truly a gamble until we can get some news.
Take an english grammar and spelling class and then when you pass your GED come back and we'll have an understandable conversation.
You just dont get it. INMG can go to no bid and it doesn't matter. This stock is dormant until news or fins come out.
You are absolutely correct. As is janice.
My post was right on. And it was based on his numbers.
I know what market value is defined as but I offered a suggestion based on the published numbers. I didn't say it was correct.
One silent CEO with a halfway decent run.
Looks like they're basing it on the number of authorized shares and not the outstanding.
$54,000/Authorized = .00027
$54,000/Outstanding = .002
Yeah I know. That's the problem with silent CEO's.
No. Share retirement will definitely have to be a part of it.
I saw those few 30M sells but I think it's possible those were investors like us that aren't into waiting and maybe wanted to use that $3 to $6,000 investment somewhere else. I don't think Tom is responsible for that. I'm still trying to figure out what fatmike meant when he said in his conversation with Tom that he just had a blank look on his face.
I'll give you three of them. INMG, TPA*, and VGT*. Each has either a solid product, a great manager, or both.
I rented Game Play on Amazon several months back. Cost me 99 cents. It was actually pretty decent.
The Mountains of Madness should bring in some nice revenue.
This will probably get played by the flippers on its way up. May discourage some. If Tom starts retiring shares while its on its way up, that may sustain the momentum.
We'll see. If Tom's looking at his future revenue stream and calculating 5 cents, I figure it's probably at least worth 1 or 2 cents.
I rented Game Play on Amazon several months back. Cost me 99 cents. It was actually pretty decent.
The Mountains of Madness should bring in some nice revenue.
This will probably get played by the flippers on its way up. May discourage some. If Tom starts retiring shares while its on its way up, that may sustain the momentum.
We'll see. If Tom's looking at his future revenue stream and calculating 5 cents, I figure it's probably at least worth 1 or 2 cents.
Sounds to me like you know the game.
The formula to make $100,000 off $5,000.
I almost hate to say this because it's the opposite of what the typical get rich quick penny stocker practices.
If you want to make a hundred thousand dollars on the OTC in a year, buy $5,000 worth at .0001 or .0002 after finding a company like this one that has a revenue producing base, no toxic debt, a business plan to produce more content while exploiting the streaming video/streaming channel market on the internet, and other diversified interests, and...wait. Walk away and wait for a price alert to bring you back. Oh, you can stop in the chat room and shoot the breeze, but you're not going to get a change in the pps out of it.
To do this correctly you need about $22k total. Because you're going to do the same thing with 3 other companies that have similar characteristics. They all have to have one thing in common though. They have to have a legitimate product that is already being marketed (producing revenue) but is expandable. In other words, if you've got $50k in revenue from licensed film content each quarter (like INMG), but the company never produces any more content (it's not expanding), you end up with zero growth and a bunch of pump and dump schemes. And you end up only making a few thousand dollars off a pps that never really developes.
You're playing the odds that within one year you're going to get some movement on at least two of your four picks. If two of them go from .0002 to .001 you'll get $50k off two $5k investments. The odds are that one will go much higher and that if you wait for a whole year, the others will do something too, although probably not nearly as good as your best pick. One of my picks that I've been in for the last 7 months has gone from .0005 to .0069 and then droppped but is now back up to .0039 and on it's way past a penny within a month or two.
But the key is to pick the four stocks with potential, invest, and move on. The problem with us penny stock traders is that it gets in our blood like gambling. It almost doesn't matter if we're losing, as long as we're trading (playing the game.) So save a couple grand for the fifth stock and play with that one. But leave your other previous picks alone. Flip the 5th stock to your hearts content.
And wait. It'll usually only take 6 to 9 months. Oh, and one last thing, avoid the startup companies that are peddling an idea or a patent. Especially if it's been more than 12 months without results. When the patent is applied for it can take up to 30 months for it to be approved. Let someone else invest in it first. If it's really that good you won't miss the boat if you come in on it after it takes off. Most of these types of investments will string you along and tie up your money even if they don't go down in value. A startup is okay if they've got product that's already producing revenue.
It's a strategy that's worked for me. The only problem is that it's rather boring. So in the end, most will not stick to it.
I've got a feeling that even if INMG doesn't make it to .05, it'll at least get to a penny within 6 months. And that's a 50x profit.
All for waiting...
"In fact, breaking news of any kind is rarely important.
Important means: long-term, foundational, coherent, in the interest of many, strategic, efficient, positive..."
- Seth Godin
This is what Amilya subscribes to and it's the reason that, if there is anything positive that can or will come out of VGTel, she'll make it happen. Ain't gonna happen overnight. Today was a nice surprise with the pps but in reality, it had nothing to do with VGTel and everything to do with the confidence that some have that will allow them to invest in her leadership ability, even with no news since September 28.
Let's face it, if Amilya Antonetti were not the CEO, or if you found out tomorrow that Amilya had jumped ship back in December, how many of you would leave your money in this company?
Something worth saving is here or Amilya would never have even given VGTel a sideways glance.
Whatever it is his attention sure is not on us.
Same here. I don't even really look at the stock price anymore, not after it hit .003. Just waiting now.
It's up 80%. If that's on no news then we'll probably see a flip.
There's no pumping going on here.
All of the posts that have been positive are in anticipation of the upcoming Q4, Q1, and Q2 financials and have simply been looking at the company assets and business plan. But don't expect anything to happen until then. It's just an opportunity to buy a subpenny super cheap and wait until something happens. Nothing has changed in the company. He's still not taking on toxic debt. He's said in his interviews consistently that he wouldn't do that. He's already gone on record saying that if major investors want in they'll be issued preferred stock with a one year conversion restriction. All of the revenue producing videos and channels are quietly bringing in revenue, just not a lot yet. $200k per year or $50k per quarter. That will never change until new production hits the streets, like his "Mountains" series, due out in February.
The only hype has come from Tom's claim that he thinks this is a 5 cent stock. That was all predicated on the second quarter 2016 financials.
It's obvious that Tom's not a communicator. It's too bad that his style will hold a stock down when it's a pink. I think that's the part that he doesn't understand or care about. It's all about news here in the pinks and if you don't provide it, you lose investors. He's communicating like it's a NASDAQ stock where you don't hear from a company CEO other than the 10-Q's or if there's some huge buyout or aquistion, and that kind of news is rare. That's the kind of guy he is. Period.
You will not hear from INMG unless:
1.) Something big happens like a brand new production.
2.) A 10-Q or K is posted.
So if you can buy at .0001 thru .0003 and wait, you'll make some money. It'll take 3 to 6 months to see major gains, though. But if you're upset because there's no movement, take your money somewhere else.
And you know what? This probably will go to no bid before Tom releases the Q4 finacials...and maybe even after that if it's showing the same $50k revenue. None of the new revenue will show up til the Q1 financials and that won't be till up to 45 days after March 31.
But there's no hype here. Just a silent CEO.
INMG reminds me of a ZZTop song..."Have mercy...been waitin' on the fins all day..."
Yeah, considering any costs associated with new productions will translate into revenues through the following quarters.
My guess on Q4 financials will be a revenue around $50k. Tom put the revenue generation at around $200k for 2015 so 1/4 would be around $50k. If it's more that's great but I won't expect it.
The question is, what will be the production costs for Mountains of Madness and any other new production currently underway. The release of the first episodes of MoM are not scheduled until this quarter. So, unfortunately, revenue wont appear on the Q4 financials. Hopefully there is an update on the VOD search engine.
So like Tom indicated, real revenue won't occur until the Q1 and Q2 financials.
Apologies, my bad.
Well THAT'S not encouraging...
Well somebody is to blame, that's for sure. I'll just bide my time.
Great post! Hope it turns for the better.