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They're usually redacted in order to divulge only the fact that there is an agreement. Have you ever had to disclose an agreement between your company and another?
Proof of joint development with Coopervision from EPGL
https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=141220
Some have questioned the validity of EPGL's claim to compensation from Coopervision for the joint development of technology and Coopervision's desire to put the technology on the market early.
I can't see TPAC issuing any news until a substantial parts order gets inked. Seems like a lot of posts are positive pumps with no basis other than speculation. It's okay for flipping but it's hard to see this moving without real news. News in 3 to 6 months or see ya!
Except that the assets are what is driving the shareholder equity because they are rental assets (film royaties and production rights.)
They are what is producing the capital and profits for INMG.
Normally that's correct. However, notice that 2.5 million of that 2.8+ million is listed as unamortized film media production assets on the most recent 10-Q (see Note 3.)
First plateau. All buys at .0004.
I haven't sold yet. Sitting on 83+ million shares.
Not interested in selling yet. I'll wait for .05 and then only part with maybe 10 mil. It's waaaaaaay to early to sell.
Better just to ride it out at this point.
Look at the published financials, not hype. Proof is all there.
I'd like to amend my last post.
Remember why we're here folks:
10-Q issued yesterday.
Total Stockholder Equity for Mar. 31, 2015..... -($59,165)
Total Stockholder Equity for June 30, 2015..... $402,670
Total Stockholder Equity for Sept 30, 2015.. $2,820,843
Now do you notice a trend?
Remember why we're here folks:
10-Q issued yesterday.
Total Stockholder Equity for June 30, 2015.....$402,670
Total Stockholder Equity for Sept 30, 2015..$2,820,843
Notice a trend?
We've been between .0002 and .0003 since August. Now we're seeing .0006 and a hit at .0007 in a day? Too fast for a company just starting for all intents and purposes. I was hoping we could stay at .0006 today but in reality, if we see .0003 to .0004, that's a 50% rise. Not too bad for a day's work. It'll go up. The company, CEO, and 10-Q DD cannot be denied.
Exactly. Same here. I'd rather have slow and steady then a skyrocket that comes back down as fast as it went up. I think Innovativ Media will be a player in the entertainment industry. But it's not gonna happen overnight.
There's some good solid sales going on here and real production that's taking place. I'm looking more towards Q1/Q2 2016 for any appreciable gain out of the sub penny world.
Guess he's strung us all along then.
Oh well, at least the posts keep our attention!
Actually, they do have a product now. Just no sales yet, to be more specific.
LOL! Read the post.
Whap baba doo whap a whap bam boom!
INMG B GOOD
Take a look at CEO Tom Coleman's bio (from Wikipedia).
Tom Coleman, also credited as Thomas J. Coleman and T. Joseph Coleman;
1.) Founded the Atlantic Entertainment Group, private independent film and television company, in 1975 and served as its president.
2.) He became chairman and CEO of Prism Entertainment when the company merged with Atlantic in 1988.
3.) Coleman was chairman of Independent Entertainment Group.
4.) Rocket Pictures, an indie production company, was founded by Coleman in 1992.
5.) He is an Executive member of the Academy of Motion Picture Arts and Sciences.
6.) He is an industry consultant for the Zurich Consulting Group based in Switzerland.
7.) In July 2001, he became CEO, President and director of Sun Network Group.
8.) He is the Lead Producer of the musical “ModRock.” Under his nom de plume, Hagan Thomas-Jones, Coleman is a member of the Dramatists Guild.
Oops! I mean 83 mil strong.
8.3 mil strong and holding...yeah.
I'm in it for the long haul. I've already almost doubled my investment from $28k to $46k. There's no way I'm selling. CEO, Tom Coleman, has the plan and is executing it. He said INMG was a .05 stock and he's on his way to prove it.
Long all the way baby!
Yes. Reverse would work. I'm sure that part of the deal would have to be that AA stays as CEO.
Yeah, that would be good, however, IMO VGTel would have to be in a little better financial condition before a buyout would work for us shareholders. The buyer would have a more advantageous position over VGTel right now because of the debt carried by VGTel. With a little more time, say 3 more months, with stronger financials showing the company's technology is selling and proven valuable, VGTel would be holding all the cards and get a better deal.
IMO, we've got to get at least into next year before exciting things can happen. But who knows? Could happen sooner than later.
Probably no nasty dip here. A number of longs are hanging tough knowing the potential for growth here at VGTL. I wouldn't sell IMO until you hear news that you personally feel prevents you from continuing here. But be careful not to sell too quickly. This is a turnaround job that the CEO, Amilya Antonetti has embarked upon. Results are often not what you would expect at first, if you've been listening to the positive DD. We're all waiting on the first audited financial report since Ms. Antonetti was hired on as CEO. She indicated in her 8-K to the shareholders that financing had to be secured which will add debt to the company before forward progress can result. You have to have money before you can make money in the business world, as they say.
So if you've invested here hoping for a quick buck, odds are it's a little soon to see a significant jump in the share price. However, if you're prepared for the not so great news that has to come before the really good news happens, then you will hold on to your shares and wait for the end of Q1-2016 to see that 10-Q.
The bottom line is that the technology the company has is good, the CEO is credible, and it's going to take from 3 to 6 months to see a respectable share price. In the meantime, the pps will gradually go up, probably not the skyrocket you may be hearing about from some of the more positive posters.
But it is enjoyable to have shares in VGTL because it is going places and it's like Amilya Antonetti said in her last 8-K. "Shareholders will be rewarded."
Sorry. Mistatement. Meant earnings per share. See next post.
That's what the 10-Q states as the net income (or loss) per share: .000005.
Now, that could be based on the 10-Q's reported common stock value of: .00000001 per share.
Or it can be based on the current share value of: .0005.
It looks like it's an increase of .000005 on the current share value which would mean the value of our stock based on the operational costs/profits of the company is now .000505.
Not quite .05 per share. But hey, it's only the first quarter since the acquisition began. At least we're out of the red ink and well into the black. It's a good start.
Thanks ubertoaster. U'm holding and waiting. It may be Q1 2016 before great news comes out but I wouldn't be surprised if some good news filters out in the meantime.
I just read through the 10-Q. It definitely shows a positive direction and a net income of $14,718 as opposed to a loss in the same quarter of 2014 of ($26,048). So that's great. However, if I'm reading this correctly, with a weighted average of 2,741,694,152 common shares, that leaves a share increase of only .000005.
The latest tweets confirm simply that there won't be any PR until they actually have news to report. Everyone keeps asking for news from the company but if there's no news to report yet, why does everyone get bent out of shape and want to throw in the towel when TPAC tells us that plain and simply? A few stockholders misinterpreted the latest statement as substantive news was imminent but TPAC never said that. Then they said that we're being mislead again.
Let me repeat what the last 10Q filed in July for Q1-2015 brought out if you want to know where we are.
They said they would need to acquire $2 million in funding to begin a production run. I assume that's for the manufacturing facility, machinery, salaries, and raw product to mil into parts.
They must have acquired at least the lion's share of that $2 mil because they said they would be ready at the earliest to manufacture and distribute parts by Q4-2015 and their facility in China is ready with the machinery in place.
TPAC is finally now ready to actually fill a P.O. so that's why the sales dept is working so hard.
Why weren't they setting up sales for the last 6 months? Because you can't go to a prospective buyer and say, "We'll be ready to sell you parts in 6 months when we acquire a factory and the machinery first!!!" C'mon people. If you're interested in a quick pinky profit, you had your shot when it went to .0006. TPAC has delivered on everything they said they would. They had specific phases they had to accomplish and they've followed through and completed each one. We're now at the sales phase. Next will be the manufacturing phase.
The stock will go up in this, the sales phase, which will continue on while the manufacturing phase starts up.
It may be aerospace parts, but it isn't rocket science fellas. It's simple manufacturing and that takes time for R&D to get to that point. Give the folks at TPAC a chance to deliver on their product and don't read into tweets what isn't there.
Amilya Antonetti is the business turnaround queen. That's her forte and what drives companies that are struggling, even though they have a marketable product, to hire her. Some people who do well in the financial world are corporate raiders and rape the company they become involved with. But some are true business gurus that can analyze a struggling business and determine without question whether they can rescue the company or not. This latter one is Amilya. Some sports team coaches are like that and their teams, because they know how to get the most out of their players, always end up in the playoffs, Superbowl, or the World Series.
Amilya Antonetti does for the businesses she runs what great coaches like Vince Lombardi, Bill Walsh, Don Shula, Phil Jackson, Tom Landry, and other greats have done for their team and the sports world in general.
I own a little over 7 mil shares. I've been locked tight holding with the other longs since before Amilya came on board. But if the current share structure is still intact, are you saying that means I own around 25% of the 27 million outstanding shares?
Right on GOducks123! That is absolutely correct. The financials are everything. Patience has its reward. At any rate, we'll know soon enough.
What's the red tape?
TPAC has gone up prematurely due to one of two things. Either:
1) a pump, or
2) people buying in to the the posted hype.
It's gone down obviously from those that bought in at .0002 or .0003 and want a quick turn of a buck. They're probably unaware of any DD or don't much care because they're in it for the short term.
Cannot see TPAC breaking above .0006 again without any official PR from TPAC. But that's what Bill @TPAC indicated in his most recent Tweet. PR will come ONLY WHEN SUBSTANTIVE NEWS ON P.O.'s or AQUISITION(S) OCCURS.
May only be small potatoes orders while they break in to the market or could be huge. Seems like the Tweets, pics, and trips back and forth to/from China from TPAC definitely indicate something is going on. If you don't trust that TPAC is for real, there's a simple solution. Place an order for a few Navair approved bearings on their website. If you're not willing to invest a few hundred dollars on parts to establish legitimacy, why would you invest $1000's in the stock?
Just a thought...
Awesome! Me too.
Thanks, that is good info. If it's 4 business days and not calendar days then we're looking at tomorrow, Tuesday the 10th, as the deadline for EPGL to accept or file and 8-K counter. Tomorrow, will be interesting but hopefully by today would be nice!
Absolutely. Waiting patiently (but with excitement!)
They do have to think about the counter offer. That's what the "if all goes well" means. EPGL may find something in the counter offer that they're not happy with. It probably wouldn't take too much time at all to square it away with COO, but EPGL could have to draw up a counter if "all didn't go well." COO wants this to happen so I think any adjustments to COO's offer would not take long. I'm long on EPGL and will hold my shares, but I'm also realistic about it. These deals involving large sums of money and royalties over time usually take a little longer than us eager shareholders would like. I hope it does happen this week and I'm waiting eagerly on news too. As far as I'm concerned, it's a done deal. The devil's in the details as they say, though.
Well, I guess you can't blame those who want to profit a little on the way up. 10 mil shares with a 2 point jump from 3 would give you a $2000. The serious investors don't want to give up their shares just yet though. Could be a little tight for shares if it continues it's climb. We haven't even gotten any solid news yet on PR's or Aquisitions and it's slowly going up.
Ha ha ha ha ha!
Well...if it is a NT, it's probably due to a need to find more financing. I kind of doubt it will be filed late, but if it is, it would be nice if Amilya filed an 8K with it with an explanation, not that it will change the eventual positive outcome but at least will let us know a little more regarding the business plan and how it's coming along.
Yeah Peggy. Here's a Twitter link for you direct from TPAC Bearings regarding your comment about the Air Force not using Navair approved parts in their planes.
I have to laugh at claim that Air Force doesn't use NAVAIR criteria. New bomber is built by NG not USAF. It will have NAVAIR approved parts
— TPAC Bearings (@TPACbearings) October 28, 2015