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That's the truth BLULLISH! INMG is a perfect place to demonstrate that technique!
$10,000 isn't really even that much to start with. But it is funny how many who play the big stocks and who don't bat an eye at a couple $100,000 investments in hopes of a 10% profit, will look at penny stocks as too much of a gamble. But a lot of those big stocks started off like INMG:
1.) A CEO with years of successful experience in the industry taking advantage of that experience and, not doing something else or new, but applying it in the direction the market is going. Video production and streaming on the internet.
2.) Not starting off in the hole and then having to dillute the share structure to find capital to get the business going. He merged with Global Gaming, a fantasy sports company that really wasn't doing that great, sold off a large portion of it to finance INMG's media production, kept what was useful, and was in a position to immediately generate more capital with INMG through the distribution of "Gameplay" the movie, "Money for Nothing", and what may be the cornerstone of INMG; he has begun production on an animated web series based on H.P. Lovecraft’s “AT THE MOUNTAINS OF MADNESS”. I believe this last direction, the production of video (what used to be called film production) is right up Tom's alley.
3.) If you look at the company, he's got all kinds of production plans that are not all the same thing. He's got LUX Digital Pictures, Global Gaming Network with it's own smartphone/tablet App, New Broadway Cinema, a new web series entitled "Just smart People", and a new video on demand search engine called VOD Movie Guide .
So we've got several solid investment directions in INMG and it's all due to Tom Coleman. He's the brains and driving force behind all of this. I'm sure he wants to build Innovativ Media Group into a major player in the Film Finance Exchange. And he's gone global, taking advantage of the international markets. So we're talking about a multi-billion dollar market.
It's not too late for others to get on board. Just like you said BLULLISH, you need to recognize what makes a penny stock a successful startup. There aren't many, but they're there. INMG is one of 'em.
You've never heard of cell phones and tablets hooked up to the internet and doing business between rounds of golf? There's more business done and major plays made on the golf course than off. Did you notice in the pictures who she was playing with? Of course not because you're not a CEO and don't understand how business is carried out in the 21st Century. Oh well! Hope you haven't sold all your shares!!!
Dude...
Yes. A nice feeling!
That's a possibility going into 2016 although Tom, in his comments on that podcast was happy with the share structure as it is. But who knows, if the finances really start cooking, buyback is definitely a possibility.
I guess you can call him and ask. I'm sure he's got 100's of millions as does Michael Kern (see stickied post #2 above.)
Thanks for the PM BLULLISH. I tried to edit the post on the other ticker but wasn't able. Appreciate your advice on that. Good reminder. I re-sent the posts with the edited ticker symbol.
I got into an energy drink mostly at .0001 and some at .0002 in May of this year that went up to .008 within a one month period before dropping back to .004 and then slid on lackluster sales to .001 where it currently sits. That was H*OE. Even at .001 that's 10x what i paid (of course I got out much higher when things weren't quite working out for the company. I do not see that occuring with INMG. Tom's too diversified already.
Yeah, I know how that is. You never know for sure. I could've made a lot more on H*OE also but it was spiking so quickly, so fast that I got nervous and bailed on the way up around .0045. 40x profit was awesome but I only had a few thousand in it. Not so INMG. I think this will initially jump on the 10-Q then make a slow run up to .03 to .05 in Q1 and Q2, 2016. But who knows? Maybe we'll even get off the Pink sheets and go to the NASDAQ.
INMG is definitely a good long term investment.
Hope I'm in the picture too!!!
LOL!!! Reminds me of Napoleon Dynamite..."Dang it...!"
You'll get it yet! Thanks for the effort.
If we're not buying it's because we're already invested and don't have the extra cash laying around. Only a fool borrows money to invest. If this goes to .05 that puts me at over $4 million. I've only been in it for 6 months and if I go another 6 months that's quite a return on the investment. Even if it only goes to a penny by Q2 2016, that's still close to a million dollars.
Absolutely! I've got 82 million of the INMG tradable float. I'd love to have more but I've got three other companies that I'm long in that I don't want to pillage. That fairly diversifies me in the pennies. I ain't selling either!
If you have a chance to review the “SMALL CAP SPOTLIGHT” podacst broadcasted globally on Publicwire back in August, it's available to listen to at:
INMG's Tom Coleman
A few highlights from it where CEO Tom Coleman discussed INMG's merger with the Global Gaming Network (GBGM), near term objectives and opportunities in the digital entertainment space, INMG’s assets and properties, etc.
Here are the significant comments from Tom:
1.) "The Innovativ assets and the digital entertainment assets are where we're focusing growth, and that's where we think we are going to get significantly enhanced shareholder value in the near term."
2.) "Our first combined financials will be in the third quarter. You will see significant changes there in terms of revenue and in terms of the balance sheet. We have cleaned up the balance sheet completely and the Innovativ assets have significantly enhanced that. So that's the first thing we will see"
3.) "We believe that the company currently (as of August 2015) is significantly undervalued and it wouldn't be an inappropriate market cap for us to be a five cent ($0.05) stock."
The interviewer then pressed Tom with "Any kind of an overview snapshot of where you stand right now going into those financials that you will announce for the 3rd quarter...?"
(continuing with Tom's answer and further comments):
4.) "Yes, I think the important thing to focus on is the company has no outstanding debt; that was taken off the books with the INMG/GBGM transaction. As you know, many of the micro caps suffer from the sole financial choice many of them have and that is to take debt and that tends to definitely drag on their stock and create a lot of dillution. We don't have that."
5.) "Secondly, there were almost $4 million worth of assets that came with the Innovativ transaction. So that's going to be in the books. That creates already a free cash flow estimate of about $200,000 a year -- so that immediately impacts the company. That will be reflected in these first financials."
6.) "As we then capitalize and grow, I think by the time we get into the 2nd quarter, 2016, we will start seeing the impact of the products we are now aggressively developing."
7.) "I would say this is directed to shareholders and prospective shareholders. One, this transaction we were able to do without any serious dillution to the current shareholder base. We've decreased issued and outstanding to what we believe is a very reasonable appropriate level and we have no plans to reverse split the stock."
These were the highlights from the podcast that I had my wife, a certified court reporter, directly transcribe.
I've said it all along and I'll say it again; not much should be expected in the way of PPS movement until we see the published 10Q. Even Tom alluded to that by continually referring to the upcoming financials. But when that 3rd quarter 10Q goes public, and it should by the SEC due date of Nov 16th (45 days after Q3 end date of 9/30/15), with all of the positive sales of product and pursuit by Tom of the Web streaming entertainment industry as the company's focus, hang on. I think his comment on everything truly gelling and the company taking off in 1st and 2nd quarter of 2016 is where you will see the PPS hit the five cent level, although it could happen a little sooner.
It's all good news from here on out folks. The proof will be in the 3rd quarter 10-Q.
Hey! If someone wants to give up 450k on the cheap, it's their loss!
We all need to be realistic about VGTL. With the audit complete either last week or this week, management will have to take the time to analyze the report. The financial condition of VGTL was in question prompting the hiring of business giant Amilya Antonetti in the first place. VGTel had a great product but no effective business plan to successfully exploit it. Now they do. And Ms. Antonetti had to figure out before accepting the job as interim CEO whether it was a viable business that could be saved and become successful, or whether it was not worth risking getting involved in. More than VGTL is involved here. Ms. Antonetti is known for her ability as an entrepreneur and business turn-around guru and it is her reputation, her name, that she values more than anything else.
We know that VGTel had been mismanaged and had no real income with the filing of the last 10Q back in February. The latest 8K that Ms. Antonetti filed at the end of September confirmed the financial challenges they faced. However, it also stated that they now had a firm business plan and they were in the process of acquiring the financing to restart the company.
Now, if you're a successful financier and investor in the business world and Amilya Antonetti came to you for financing (and maybe your initials just happen to be O.W., a personal friend and fellow businesswoman) with a company with a proven blockbuster 4K conversion technology for converting 35 and 70mm films and video to 4K AND WITH A FRESHLY AUDITED 10Q SEC FILING, and a concrete business plan, what would you do?
You'd do what all of you who post on this site have already done and are trying to do. You invest in it. The longs already have their shares, the bashers want more for the same reason, they just use a negative tack to get them. This cake mix has all of the right ingredients and has just been put into the oven.
Look at the direction the stock went on the other businesses that Amilya Antonetti has been involved with and look at her highly successful startups (read VGTel "restart") and you'll be glad thet you're here.
They still have a joint partnership agreement. This whole COO/EPGL comotion is due to COO wanting to license the product in advance. So COO wants to jump the gun on their old agreement. But they're still partners with EPGL no matter what happens with this latest back and forth.
Might not be too easy to jump in with any appreciable amount of shares when VGTL moves. When AA and Company make this move not many of the longs who know the true potential will sell too quickly. Don't wait too long sideliners!
That couldn't have been a nervous trader selling a little over 29,000 at .0068. That only works out to a couple hundred dollars. My mistake on the 10,000 buy post. Sorry. But all anyone has to do is just wait for a couple more weeks. Within that timeframe we'll get our 10Q or at least a shareholder report from Ms. Antonetti. Hang in there! VGTL has too much going for it that has already been posted.
What? $200 @ .0068?
Somebody just sold $69 worth of stock at .0069?
.05 by Q1/Q2 2016 as per Tom Coleman. That's 3 to 6 months to go 250x PPS!!!
Even if it only goes to .01, that's still 50x current value.
Official SEC 10Q filing not due until 45 days after end of Quarter. Q3 ended Sept 30. Add 45 days and that takes you to the middle of November. 10K not due until 90 days after end of fiscal year.
You may be right about that. We'll have to wait and see. EPGL might not be helping themselves too much if they fail to make a deal with COO. Especially if Google/Novartis are closer than EPGL realizes to their own smart lens.
I agree. The Cooper Companies had announced definitive agreements to acquire Sauflon Pharmaceuticals Ltd for 1.2 billion back in June 2014 and was supposed to have completed the deal by October of last year. I don't know if that deal ever happened but if it did, you could see how the Cooper Compnaies would not have much cash "laying around." The deal would more than likely come from the backend or royalties, not from any large upfront cash deal. Cooper Companies, I'm sure, really wants this deal to go through. They can see the payout in the long term. So they may spend a little longer making the deal than November 6. I don't know if Google would hold back in making an offer if COO fails in it's request for early rights to branding and use of the joint technology that they and EPGL developed. After all EPGL did throw a "put up or shut up" ultimatum at Google a little while back. But money will come to EPGL by someone. The technology is just too valuable and EPGL has the jump on everyone else.
This should get very interesting over the next 3 or 4 months. It's certainly not a time to sell shares, especially when most are holding. If you sell now, it will be extremely difficult to get back in. Even now there are not any appreciable amounts of stock available to investors.
I agree. It's not absolute but it is expected. So, if it comes out this week, that's great. If not, it's not going to change the excellent DD on VGTel and the annual financial audit will come out shortly.
Like I said in a previous post, give the woman a chance to show why she's rated so high in the small business world. Ms. Antonetti won't disappoint those that are patient.
Why did who leave the board of directors? It looks like your link is to an article of appointments, not deletions. Please clarify.
That's right. I can't speak for other longs but I visit INMG once in the morning and once in the evening just to catch up on the positive posts. Negative posters I don't even consider. That's because anyone who has actually been burned by a bad investment will move on to try and find other investments. They won't hang out on a loser stock because their time is more valuable spent finding some winning tickers. After all, aren't we all in the market to MAKE MONEY? So if you see someone posting negative comments all the time, regardless of stock direction, what's their motive?
It's certainly not to help other investors make an informed decision! Negative people are usually self-centered and are seeking their own interests. The bottom line is company sales and management. Yeah, no convertible notes is beneficial, but a poor management team can crash the strongest stock. INMG has a good CEO in Tom Coleman with good experience in the entertainment industry. He's selected $0.05 as a goal in the short term (read Q1 or Q2 2016). That's a little high IMO coming from .0002, but Tom's a mover and shaker and he's got the game plan. Just look at all the sales of Gameplay the video and all the major markets it's in. That's just one example. Remember, Sales (product), and Management. INMG has it.
There's only one thing we're waiting on and it will come.
Sure would make a lot of us happy...
I sure hope you're right but I'm not going to hold my breath. I'm inclined to think, considering the amount of work involved, news may take one or two more weeks to come out. Don't get me wrong, I've been long for the last several months and I've got high hopes for VGTL, but, just considering how things usually take a little longer than expected I'm fine with waiting a little longer if need be.
Actually, NAVAIR is "the military point of contact for all branches of service except the USMC" as an aquisition selection process for mil-spec parts. That quote is direct from the Navair website. They approve for all military applications that use the plain spherical bearing based on the SAE standards. The SAE-AS 81820 bearing standard that TPAC can produce meets all military and civilian aircraft spec requirements that use that type of bearing.
So what certification does the Air Force use? If it's like every other government entity, they'll use the NAVAIR certificatuon as an established standard. It's like how all city and state agencies require Underwriters Laboratory registratuon for all electrical components when it comes to new construction or tenant improvement plan check. All those city, county, and state AHJ's do not come up with their own certification process. They use UL as the standard. It's more than likely the same with the NAVAIR standard. Unless you have proof otherwise.
Got it. Appreciate the post. We'll just have to wait for slme substantial news. PO's and contracts. Been waiting a while but good things come to those who wait!
Oops! Sorry Stanner. Didn't realize it was you. Nice bit of facetiousness with the shorting chart!
Keep up the positive comments on TPAC.
TPAC will become the defacto bearing producer for most commercial airliners provided they maintain a lower cost of production than the 5 or so other producers of these high quality certified bearings. I don't know if the United States trade tensions with China will have any impact on the US military using TPAC as a Chinese supplier for their jets or not. Very political at that level but you know the US can always do a quid pro quo with the Chinese in exchange for things the Chinese need from the US if the US really wants TPAC's bearings on the cheap.
Big deal 96% shorted. Who cares? Look at 10/1 on your shorted link.
90% shorted at .0004. Nothing happened! stayed at .0004 for a week!
Then continued on between .0003 and .0004 until now. Shorting doesn't matter at this level!
100% agree dehart1957. Down pressure forces at work on a fairly small scale. They are toying with the PPS but that will end once AA and company have finished with the analysis mode and get into the execution mode. So, we're holding, buying occaisionally, but there's too much potential here to keep it down.
Oh. Okay. I thought it was a standard order fill based on the L2 at that moment.
Well, either way, seems awfully suspicious. Wouldn't someone have to offer to sell them at .0046 in order for someone else to buy them at that price?
What???!!! Sell 100,000 at .0046 when the Ask is at .0057 and the Bid is at .0051? That's a $110 loss in order to walk down the price. I tried that one time when I was feeling underhanded and my broker left a message saying he had cancelled the order because I wasn't selling within the range!!! Too bad you can't walk the bid up in the same manner.
Could be, who knows. Amilya hasn't left the helm yet though and that says a lot about her determination to stay the course until VGTL advances. After all, it is past her interim contract. Probably the only thing that would cause her to move on would be if the board started resisting her method of carrying out the business plan. I doubt they would do that as they would be shooting themselves in the foot.