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Thanks for that post! First hand DD is great. Go $INMG
Number 10 Most Posted $$$$$$INMG
WOW # 11 Most Read Board!
Ya'll got it going on today #11 on the Breakout Board Go $INMG
You got the whole weekend to study up on $INMG. The no notes & revenue is huge. My hope is they pop some good news so we don't have to wait on the next QTRLY out in Nov?
I'm all about real DD especially if its negative. Its the stuff you miss that realy hurts!
21 most Posted! Goooo $INMG
33 on Most Reads! Go $INMG
Hey we need to keep up the posts this weekend we just jumped up on the breakout board at 37!
You just have to be able to cancel out the useless noise
yea I think that is a no brainer on this score:)
hey I did ok xcl got in & out on that one real quick for a good score this is light years better!
Global Gaming Network Retires All Convertible Debt
LOS ANGELES, CA--(Marketwired - Jun 15, 2015) - Global Gaming Network, Inc. (OTC PINK: GBGM) http://www.globalgamingnetwork.net/ ("Company") announces that it has fully paid and retired the convertible note held by Carebourn Capital LP effective May 27, 2015 . The Company currently has no other convertible notes on its balance sheet, but will continue to seek out appropriate forms of equity and/or debt to properly fund the Company in order to successfully accomplish its present and future goals.
"We are pleased to have quickly and successfully retired the Carebourn debt and we are looking forward to growing shareholder value via our acquisition of Innovativ Media Group, Inc., http://innovativemedia.com/, a transaction we expect to close by the end of the month. This important acquisition allows the Company entry into the expanding digital entertainment business gaining experienced management and established assets, while still retaining an active division focusing on licensing customized fantasy sports games to casinos, sports bars and restaurants nationwide," said Stephen Kern, President of the Company.
Some serious beer$$money at 15 mil
Man I'm hoping this run up gets me to some good vintage wines!
Down here in the trenches of the Pinks "its all risky business?" Just gotta do your DD and make the judgement call on less risky or supper risky, but they all are risky! I'm just betting beer$$money so my worst case is drinking water sometimes?
fatmike Looking at the recent fillings 3-31-15 QTRLY had 1,148,126,012 OS & the 7-31-15 QTRLY has 2,674,777,485 OS
And OTC shows this now. I'm not worried about the AS only the OS?
INMG Security Details
Share Structure
Market Value1 $870,683 a/o Sep 24, 2015
Authorized Shares 9,960,000,000 a/o Jul 16, 2015
Outstanding Shares 2,902,277,485 a/o Aug 12, 2015
Where are these numbers coming from?
Quote
"INMG must retire shares plain and simple.Retiring 7 billion is ideal. That would take us from 9.96B to 2.96B"
Where did you see a 62 mil share purchase? It does not appear to be reflected in reported volume today anywhere you look?
What would you suggest be changed with the share structure?
Gotta love that end of day ask slap of 5 mil?
Everywhere I look this was total volume for the day>Volume
63,529,999 0n $INMG
Correct me if I'm wrong but it is my belief that the Ihub trades reflect almost all trades for the day? However I know from first hand experience that ETrade does not show all of my trades just most of them appear here>
his what OTC reports as todays current volume 63,529,999
http://ih.advfn.com/stock-market/USOTC/innovativ-media-group-inc-INMG/trades
Good question? I just jumped on the trades here on IHub and 61,425,000 is on the sell side & 2,104,999 on the buy? It would be awesome if somone picked up 62 mil I just can't see it on the HUB if they did?
Ya'll (ya I'm from Texas) know we get all kinds of posters here but if this poster loaded all the shares bought today it was a whopping $400 bucks. Don't qualify as loaded to me? JMO
Man mo 1 you got that right! Our only real job here is to not get beat down by the manipulation? That's the only way you come out a winner and not a loser!
I have been asking oh where are these shares coming from all week those endless 2's a flood in the sreets and no one wants 3's?
Yes and the dump is on again this morning!
So what was the time frame for the last de ja vu?
We could choose not to participate in letting the rich rip off the less rich? They are always better at stealing money than we are!
I bought this one in bulk also but at retail I have never seen .0001 I could get?
Agreed those notes are mentioned in all of the fillings. So the real big qustion is where are these shares coming from?
INMG Note From May 13, 2015 Quarterly Report- Financial Statements with Notes
NOTES TO FINANCIAL STATEMENTS
(1) The Company on June 15, 2012 entered into a Stock Purchase Agreement with Wilshire Capital Ltd. (“Wilshire”) whereby Wilshire has agreed to purchase for an aggregate subscription price of $300,000 a certain number of shares of common stock of the Company. The Shares shall be purchased in installments of not less than $10,000 (“Installments”) of Wilshire’s sole choosing at any time during a ninety (90) day period commencing on the date hereof and terminating on December 31, 2012 (“Conversion Period”). The price for the Shares, at each installment purchase and conversion, shall be equal to an amount of Shares calculated at a rate equal to 75% of the OTC market price of the Company’s Common Stock based on a 10 day trailing average of the lowest bid for the Company Common Stock (“Conversion Rate”) at the date of notice of purchase and conversion and the payment of the portion of the Subscription Price to Company.
On July 9, 2012, 13,680,000 Shares of the Company Common Stock was issued to Wilshire for an investment of $120,000. On November 25, 2013, 3,750,000 Shares of the Company Common Stock was issued to Wilshire for an investment of $24,000. On November 10, 2014, 15,000,000 Shares of the Company Common Stock was issued to Wilshire for an investment of $15,000. The parties mutually agreed to extend the Agreement until June 30, 2015.
(2) On July 30, 2012, the Company acquired the assets of AMP Corp., with active operations of a daily fantasy sports website, in exchange for the issuance of 10,000,000 Shares of Common Stock.
(3) The Company has agreed to deferred compensation for Stephen Kern, President of the Company, and Chris Palenchar, Chief Technology Officer of SportsAlert.com, a wholly owned subsidiary of the Company, in the amount of $75,000 for each individual.
(4) On October 22, 2010, the Company acquired the assets of SportsAlert.com Partners, with active operations in the online and mobile sports information business, in exchange for the issuance of 240,000 Series B Preferred Shares. In addition to the issuance of stock, the Company agreed to compensate in the amount of $250,000 the Officers of SportsAlert.com Partners for the SPORTSALERT name that has received trademark registration status, SPORTSALERT.COM website, and SPORTSALERT MOBILE SOFTWARE, the data collection/SMS distribution system created by its founder Chris Palenchar.
(5) The Company entered into a Securities Purchase Agreement Carebourn Capital, L.P. (“Carebourn”) dated March 17, 2014 in connection with the issuance of an 8% convertible note (“Note”) of the Corporation, in the aggregate principal amount of $52,500, convertible into shares of common stock, $0.00000001 par value per share, of the Company, upon the terms and subject to the limitations and conditions set forth in such Note, along with an irrevocable letter agreement with Action Stock Transfer, the Corporation’s transfer agent, with respect to the reserve of 70,000,000 shares of common stock of the Corporation to be issued upon any conversion of the Note and the issuance of such shares of common stock in connection with a conversion of the Note. On March 20, 2015 Carebourn converted $8,023.50 of the Note for issuance of 53,490,000 shares of the Company’s Common Stock.
Global Gaming Network, Inc. Retires All Convertible Debt
LOS ANGELES, CA--(Marketwired - Jun 15, 2015) - Global Gaming Network, Inc. (OTC PINK: GBGM) http://www.globalgamingnetwork.net/ ("Company") announces that it has fully paid and retired the convertible note held by Carebourn Capital LP effective May 27, 2015 . The Company currently has no other convertible notes on its balance sheet, but will continue to seek out appropriate forms of equity and/or debt to properly fund the Company in order to successfully accomplish its present and future goals.
"We are pleased to have quickly and successfully retired the Carebourn debt and we are looking forward to growing shareholder value via our acquisition of Innovativ Media Group, Inc., http://innovativemedia.com/, a transaction we expect to close by the end of the month. This important acquisition allows the Company entry into the expanding digital entertainment business gaining experienced management and established assets, while still retaining an active division focusing on licensing customized fantasy sports games to casinos, sports bars and restaurants nationwide," said Stephen Kern, President of the Company.
yes that would be a good start .0005!
I'll be looking for copper this fall! Like the leaves on the tree's!
Absolutely on the no notes. I've been burned on everyone of those Toxic conversion POS!
HPTG is ready for lift off! Engines are primed & we are pumped!
Awesome start to the day on the ask is getting slapped!
I have not been at this a year yet. Made some lost some lots of good hard lessons along the way but I think I have it figured out now and yes I hope this gets me out of my day job:)
MM's ready to start the day on the ask at .0013 Ok lets get this party started!
Blullish I appreciate this post as that is exactly where I'm at right now with INMG Pick a winner and load the boat early and hang on for the ride!