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Amen to that, this is great!! Did my DD over Christmas and knew it was gonna be good. Loaded up all at .01 and off we go!!
This is so awesome! Spent so much time reading a dead Message Board and Banner running his mouth! Congrats to all who stood strong!
Followed your advice split it up and didn’t try to time perfectly, thanks! Got 75k at .0166 (oops) but then another 50k at .0151 (better) so averaged at .0160...all will be good when its .1 or $1!
In layman’s speak what does this mean?
Awesome thanks! My other problem is because I failed to buy more a few days ago when it was under a penny I feel like I missed my chance even though I KNOW it’s going higher. I guess I have to get over that and just hop on board when I can.
What I am trying to figure out is what happens in the time period after this initial hype while we wait for the product to come to market. Waiting for close to a year does not appear to be penny stock investors greatest strength.
In this waiting time can you help a Newbie who wants to buy today too... I always miss it because I try to hold out for the lowest possible price and generally buy less than I want “in case” it goes down.
Knowing we might go up today what is your buying strategy. Buy at open before it goes up. Wait to see if it falls. If it gaps up wait for gap to fill. Etc. ??
News!!!
Literally right after I sent my last post I checked and they responded to my 3rd email just now at 5am pacific. They are dedicated!
Email is below but it confirms that they plan audit and up-listing (!!!!), that TSMI is administering the Kush program, and talks about dilution allegations. Hope this helps. Sorry I am not better at formatting it.
So StockRocket TSMI and INMG are both interrelated on this Kush so we both need to play nice...what benefits one benefits the other and vice versa
EMAIL:
Responses in bold below:
-----Original Message-----
From:
Sent: Thursday, January 25, 2018 6:16 PM
To: Innovativ Info
Subject: Re: Investor Needing Clarification on Your Press Release
I appreciate your prompt responses to my questions. Please know that I am on InvestorHub every day trying to spread the word on INMG and trying to dispel a lot of lies about the company.
If you don’t mind a few more questions and obviously only answer the ones you publicly can.
1) the Kush contact address is Goleta, is that TSMI’s headquarters? Do they handle the administration of the program?
Yes
2). Is there plans to get an audit and uplist to OTCQB...? It would really make the stock pop and enrich Tom at the same time! I as a CPA recommend it!
Yes
3). There is unsubstantiated allegations that dilution of the stock is occurring which is holding the price down. Any comments on this.
Insiders have all their stock and there is no aged convertible debt
More from INMG Investor Relations. Below is my continuing conversation with them to help get the TRUTH out! I asked about this “non revenue company” garbage....
EMAIL BELOW:
INMG is very much a for profit Company
-----Original Message----- From:
Sent: Thursday, January 25, 2018 8:24 AM
To: Innovativ Info
Subject: Re: Investor Needing Clarification on Your Press Release
Thank you for the prompt response!
Also I am trying to debunk a rumor on InvestorHub that INMG is a non profit because it’s registered as a “non revenue” entity in the Washington State Dept of Revenue records (UBI 602480686). Can you help me clarify.
Sent from my iPhone
I’ve got news!!!!!!
INMG Investor relations already replied to my email this morning. See answers below under the questions. Sorry it’s not more clear I can’t do much from my phone but also I will post their info right here...
Kush is operated in association with TSMI – INMG receives the majority of revenues
Kush is operated under an agreement between the companies and the Merchant Bank
Here’s the email chain starting with their reply:
Thank you for your interest in Innovativ Media Group - please see responses to your questions in bold below:
-----Original Message-----
From:
Sent: Thursday, January 25, 2018 3:49 AM
To: info@innovativmedia.com
Subject: Investor Needing Clarification on Your Press Release
Hello, I am a holder of 650,000 shares of INMG (and potentially a lot more depending on clarification received from your response to my email) and am writing on behalf of myself and other investors holding millions of shares.
There has been a considerable amount of confusion about the nature of the relationship with Total Sports Media and Kush Processing.
The wording of the press release made it sound to me and others that TSMI owns and created Kush and will just be marketing it on the INMG owned sites? My belief is that this perception is why TSMI is up 1000% today and INMG up 1%.
Now I’m hearing conflicting reports that INMG owns the site.
My questions are:
1). Please clarify who owns Kush Processing, TSMI or INMG
Kush is operated in association with TSMI – INMG receives the majority of revenues
2). Who receives the processing fee/revenue generated from the Kush Processing product (aka if an x% processing fee received per transaction, which corporation receives that)
See above
3). Is there a legal relationship between TSMI and INMG or are they just partnering on this venture? Is Kush a legal Joint Venture between the two?
Kush is operated under an agreement between the companies and the Merchant Bank
4). Any other clarifying information would be greatly appreciated.
NO ANSWER PROVIDED
I would encourage you if possible to provide a clarifying press release or 8-K with further details...I feel this clarification could provide significant shareholder value to INMG’s shareholders.
Thank you in advance for your reply and I (and others) are big believers in INMG and rooting hard for your success!
The big money is getting in. Here. We. Go.
https://www.gq.com/story/peter-thiel-firm-weed-investment
From FILINGS: TMSI is almost $13M-Accumulated deficit - (12,825,823)
INMG has about $90K in DEBT...thats it and INMG has a 172M float and earning revs with tiny tiny debt....TSMI has to sell BILLIONS OF SHARES to even get its head above water.
Great update and nice addition of specifics!! This may explain the run up at end of day yesterday prior to this PR. I also noticed a lot fewer T-trades yesterday.
So Market Cap of about $1.6m. Not bad. Folks like this price or think we dip further?
Yes please share email. I’m not understanding why you’re conflicted. Everything you shared was positive. What did I miss.
Off their Q3 Inc Stmt on the 10q. Op Loss of $682k and Net Loss of $707k
Whoa, I see a lot of the HMPQ, POTN, INMG, FRLF crew here, that means this must be good!...anyone know where I can find some quick DD...? Main curiosity is Market Cap...anyone know shares outstanding?
Curious of others reactions to the “no soup (news) for you” tweet from Utopya?
I found it very encouraging, because it would take brass balls to put that out and then not deliver with news (and more specifically significant news). If they tweet that and then don’t deliver they will be crucified...aka their cockiness will be my profits!! Others see it this way?
I sent the following email just now...I’ll let you know what I hear back...
Hello, I am a holder of 650,000 shares of INMG (and potentially a lot more depending on clarification received from your response to my email) and am writing on behalf of myself and other investors holding millions of shares.
There has been a considerable amount of confusion about the nature of the relationship with Total Sports Media and Kush Processing.
The wording of the press release made it sound to me and others that TSMI owns and created Kush and will just be marketing it on the INMG owned sites? My belief is that this perception is why TSMI is up 1000% today and INMG up 1%.
Now I’m hearing conflicting reports that INMG owns the site.
My questions are:
1). Please clarify who owns Kush Processing, TSMI or INMG
2). Who receives the processing fee/revenue generated from the Kush Processing product (aka if an x% processing fee received per transaction, which corporation receives that)
3). Is there a legal relationship between TSMI and INMG or are they just partnering on this venture? Is Kush a legal Joint Venture between the two?
4). Any other clarifying information would be greatly appreciated.
I would encourage you if possible to provide a clarifying press release or 8-K with further details...I feel this clarification could provide significant shareholder value to INMG’s shareholders.
Thank you in advance for your reply and I (and others) are big believers in INMG and rooting hard for your success!
I don’t see how FRLF is making big money...it had $1,000 of revenue in Q3 2017 (vs $120,000 revenue in Q3 2016)...it had an operating loss of $700,000....POTN is making $5m revenue per quarter and profitable...
Then that IR dept needs to be fired because the wording below is VERY unclear that that is the case and makes it sound like TSMI owns it...and that’s how I read it...that’s why we’re flat and TSMI is up 1000%.
If all of this talk that TSMI just did the programming and its INMG’s product is true then a clarifying press release is needed because a lot of shareholder value for INMG was missed because of this lack of clarity.
The million dollar question is who gets the processing fee from the CC transactions...INMG or TSMI?
Total Sports Media, Inc. (OTCPINK:TSMI) today announced that its wholly owned subsidiary Total Ad Solutions, Inc. (“Company”) has entered into an Agreement with Innovativ Media Group, Inc. (OTCPINK: INMG) to provide merchant processing to the legal cannabis industry including medicinal and recreational dispensaries, hemp, CBD and ancillary related products under the brand Kush Processing www.KushProcessing.com (“Kush”).
If that is so, then the press release is poorly worded, because it sounds like TSMI owns it and INMG is just marketing it...you should post some correspondence or something confirming that...are you saying that INMG would get the transaction processing fee on transactions not TSMI??
I did a decent amount of DD on this over Christmas break and felt really strong about it so bought up 250k shares at price of .01 and feel it should run but it just looks like price might stay in the dumper until they prove they’re up and running....my theory though is that unless this literally fails to launch and there’s no business, how can it NOT go up some upon starting operations...price seems pretty beat up to me...I will be shocked if this doesn’t get to .02 by March after demonstrating proof of operations...
Can you please post links to those Twitter and FB pages....it would be much appreciated...
They wouldn’t have released revenue unless the audit was substantially done. Would look bad to have audit contradict press release. As such I suspect they are just signing rep letters and so forth and going final I would expect this week or early next.
I am so happy about this news! The massive run in TSMI says this was not “no news”... this board and stock have been so dead, it’s nice to see good conversation and stock movement. Glad I kept buying into weakness. I have 650,000 reasons why I love this stock. This is just a small piece of the puzzle today with this news...much more to come. If we knock out the .012s it’s blue sky from here. Whales step in and buy it up.
What are you talking about! No dilution going on there’s low volume so how could shares be getting dumped. Please don’t come on here with unintelligent baseless allegations.
I saw the news before open and didn’t even think to go look at or buy TSMI. Anyone buy at open?
Hey if nothing else, everyone buying and rushing into TSMI will see the name INMG and we’ll get some exposure that way.
The stock price and valuation now already priced in no news and little activity. It’s not like anyone bought up the price waiting on imminent news. At worst we are unchanged. At best a move up. iMHO
Looks like stockrocket1 was right if you go back and look at his dd with Tom...See #2 below....So I have faith in his dd that ICO/Blockchain white paper/ecosystem pr is coming very soon to...News today was very good and everything points to ICO direction now.
StockRocket Member Level Friday, 01/12/18 08:48:52 AM
Re: None
Post # of 72975
I POSTED THE UPDATES FROM TOM ON SEVERAL FRONTS...DONT KNOW WHAT MORE YOU WANT...ALL VERY POSITIVE.....TOM WILL SPEAK PUBLICALLY WHEN HE IS READY ON MATERIAL EVENTS...HE DOES NOT PUMP THE STOCK....WHY? CAUSE THERE ARE NO SHARES TO DUMP...WHEN WHAT IS READY MAKE MATERIAL PR PUBLIC HE WILL DO IT...SOON ENOUGH!
Updates on public information which includes Twitter...AND YES the tweets on both CORP. INMG and CANNANET.tv I CONFIRMED INMG's HIGH LEVEL OF INTEREST in launching their own ICO/CRYPTO CURRENCY in support of the Channel/Network & Advertising Platform.(*See both INMG corp and Cannanet.tv Twitters as early as todays tweets...) I have NO SPECIFIC, NOR DETAILS.. but this is one of the reasons why they have been quiet as assumed and Tom only said he will issue a material press release on a ICO when its official ready to be made PUBLIC WITH MATERIAL SPECIFIC NEWS. Keep following the TWEETS, you will see what Im talking about on both INMG CORP. & CANNANET.TV.
1- The first episode of The Comedy Green Room went spectacular and 2nd and 3rd episodes are being shot Jan 10th and 24th.. This Exclusive Content on very talented comedians doing stand up on the weed theme...Tom is VERY excited about this...He says you only need 1 show that people gravitate to and must watch that grows the network exponentially....just like HBO, SHOWTIME, etc... *** THERE WILL BE A TRAILER UP ON CANNANET.Tv shortly for THE GREEN ROOM COMEDY HOUR.
2- localcannibisdispensary.com yelp-like website they bought is growing fast and already earning income...they are enhancing this with some special add ons that Tom could not get into with me...it would be material news.
3- There are dozens and dozens of companies advertising on Cannanet.tv and the site is earning revenue...They are working on doing much larger ads and with specific companies that have shown interest and thats in the works...
4- Content...Tom is in the midst of negotiating for more exclusive content that fits the sector...This is in the form of show/series, events, etc... Tom is very committed to this and is also in the process of signing/negotiating with some CELEBRITY PERSONALITIES in the SECTOR AS WELL.
-------------------------------------------------------------------------
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137931980
NEWS OUT ON INMG/CANNANET.TV BLOCKCHAIN & MJ STRATEGY STARTING: *THiS WAS THE LOCAL CANNABIS DIRECTORY INFO that TOM could not share with me cause it was NOT public yet....The ICO/BLOCKCHAIN is strategy ties into this and is NOT public yet cause I believe the WHTE PAPER/ECOSYSTEM is still in the process of being layed out..That will BE NEXT IMO....HUGE THINGS HAPPENING.... MJ & ICO/BLOCKCHAIN in a REAL LEGIT 100% GROWTH COMPANY!
*Now you know I was BS-ing with my DD, Jumpin Monkies DD and their Twitter CORP accounts... and it was real as I stated!!
Innovativ Media Group (INMG) announce, 'Kush Processing' Merchant Solution for Cannabis Industry
Will Market Credit and Debit Card Services via CannaNet.TV and LocalCannabisDispensary.Com
Los Angeles, CA -- January 24, 2017 -- InvestorsHub NewsWire -- Total Sports Media, Inc. (TSMI:OTCPK) today announced that its wholly owned subsidiary Total Ad Solutions, Inc. (“Company”) has entered into an Agreement with Innovativ Media Group, Inc. (INMG:OTCPK), to provide merchant processing to the legal cannabis industry including medicinal and recreational dispensaries, hemp, CBD and ancillary related products under the brand Kush Processing www.KushProcessing.com (“Kush”).
Kush shall offer credit and debit card processing along with various other merchant processing services which the Company and INMG will market through CannaNet.TV www.cannanet.tv and Local Cannabis Dispensary www.localcannabisdispensary.com.
One of the biggest challenges that has faced the rapidly scaling legal cannabis industry has been that many have been forced to exclusively operate as high risk, cash only businesses due to strict US Federal banking regulations. The Company, through established strategic partnerships, alliances within the credit card processing sector utilizing banks that recognize the significant opportunity, has developed a unique merchant banking solution that it will now begin offering to qualified businesses.
Total Sports Media CEO Michael Hill stated: ‘Kush Processing’s management team brings together over 15 years of experience in the merchant processing industry. With over 500 dispensaries already listed in Local Cannabis Dispensary, the projected growth of new dispensaries and stores, and the ability to advertise and market on the CannaNet.TV and LocalCannabisDispensary.com platforms, we anticipate significant near-term demand for the service. The Cannabis industry has long required merchant solutions to increase sales, efficiency, safety and security and we believe we are uniquely positioned to provide these solutions which will bring enhanced value and benefit to the legal cannabis community.”
Innovativ Media Group CEO Tom Coleman added: “We are very pleased to now be able to offer this vital service to our CannaNet.TV and LocalCannabisDispensary.Com communities. In addition to securing cannabis friendly credit card processing Kush will be able to provide our growing network of dispensaries and stores with a range of operational solutions including delivery, storefront, ecommerce and other accessories which will help position the industry more into the economic mainstream”.
Kush plans to expand the products and services it offers for the Cannabis industry over the next few Quarters and is also researching cryptocurrency processing and payment options for customers.
They did not want our math skills to atrophy!
But if I am understanding this is another company’s product and INMG will utilize and/or market it right? This doesn’t exclude that there might later be an ICO...?? I am a smidge confused.
I agree EMZ! Please tell me you’re an investor in INMG and will be a contributor to this board?!? I am in ANDI and so appreciate your posts there. We NEED your sanity on this board!!! Please stay if only for my sanity.
It’s not an ICO. This is separate from coins and block chain. MJ businesses want to run businesses not accept pay in speculative coins. This is meeting a business need for an industry. Why is this a bad thing?
So $9.5m of Revenue for Q1-Q3 and $5m of Revenue for Q4
Thanks. Where can you find the RSI?
I don’t buy it because today’s Clay video came out after the drop...
Also he has been posting videos all through the run up.
What is RSI? Anyone know how long it takes after audit until you can uplist?
How do people interpret today’s trading? Start of a down run or normal correction. I see how it bounced off the 50 DMA which to me shows strength.
Do you think there is any meaning on it hitting 60 cents from 6 cents (10 bagger) then pulling back?