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I saw that TPAC was listed as one of the spherical bearing manufacturers on one of the web reports that projected spherical bearing sales entitled “Global Spherical Bearings for Aerospace Market Research Report 2021”.
Here is the excerpt from it listing the bearing companies analyzed. TPAC is listed in bold:
7 Key Companies Profiled
7.1 RBC Bearings Inc
7.1.1 RBC Bearings Inc Spherical Bearings for Aerospace Corporation Information
7.1.2 RBC Bearings Inc Spherical Bearings for Aerospace Product Portfolio
7.1.3 RBC Bearings Inc Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.1.4 RBC Bearings Inc Main Business and Markets Served
7.1.5 RBC Bearings Inc Recent Developments/Updates
7.2 The Timken Company
7.2.1 The Timken Company Spherical Bearings for Aerospace Corporation Information
7.2.2 The Timken Company Spherical Bearings for Aerospace Product Portfolio
7.2.3 The Timken Company Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.2.4 The Timken Company Main Business and Markets Served
7.2.5 The Timken Company Recent Developments/Updates
7.3 Aurora Bearing
7.3.1 Aurora Bearing Spherical Bearings for Aerospace Corporation Information
7.3.2 Aurora Bearing Spherical Bearings for Aerospace Product Portfolio
7.3.3 Aurora Bearing Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.3.4 Aurora Bearing Main Business and Markets Served
7.3.5 Aurora Bearing Recent Developments/Updates
7.4 MinebeaMitsumi Aerospace
7.4.1 MinebeaMitsumi Aerospace Spherical Bearings for Aerospace Corporation Information
7.4.2 MinebeaMitsumi Aerospace Spherical Bearings for Aerospace Product Portfolio
7.4.3 MinebeaMitsumi Aerospace Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.4.4 MinebeaMitsumi Aerospace Main Business and Markets Served
7.4.5 MinebeaMitsumi Aerospace Recent Developments/Updates
7.5 Rexnord
7.5.1 Rexnord Spherical Bearings for Aerospace Corporation Information
7.5.2 Rexnord Spherical Bearings for Aerospace Product Portfolio
7.5.3 Rexnord Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.5.4 Rexnord Main Business and Markets Served
7.5.5 Rexnord Recent Developments/Updates
7.6 New Hampshire Ball Bearings
7.6.1 New Hampshire Ball Bearings Spherical Bearings for Aerospace Corporation Information
7.6.2 New Hampshire Ball Bearings Spherical Bearings for Aerospace Product Portfolio
7.6.3 New Hampshire Ball Bearings Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.6.4 New Hampshire Ball Bearings Main Business and Markets Served
7.6.5 New Hampshire Ball Bearings Recent Developments/Updates
7.7 Carl Hirschmann
7.7.1 Carl Hirschmann Spherical Bearings for Aerospace Corporation Information
7.7.2 Carl Hirschmann Spherical Bearings for Aerospace Product Portfolio
7.7.3 Carl Hirschmann Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.7.4 Carl Hirschmann Main Business and Markets Served
7.7.5 Carl Hirschmann Recent Developments/Updates
7.8 Transpacific Aerospace
7.8.1 Transpacific Aerospace Spherical Bearings for Aerospace Corporation Information
7.8.2 Transpacific Aerospace Spherical Bearings for Aerospace Product Portfolio
7.8.3 Transpacific Aerospace Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.8.4 Transpacific Aerospace Main Business and Markets Served
7.7.5 Transpacific Aerospace Recent Developments/Updates
7.9 Regal Beloit
7.9.1 Regal Beloit Spherical Bearings for Aerospace Corporation Information
7.9.2 Regal Beloit Spherical Bearings for Aerospace Product Portfolio
7.9.3 Regal Beloit Spherical Bearings for Aerospace Production, Revenue, Price and Gross Margin (2016-2021)
7.9.4 Regal Beloit Main Business and Markets Served
7.9.5 Regal Beloit Recent Developments/Updates
However...
I requested a sample report from the website and this is an exerpt from the research report they emailed me (the entire report was over $2,000):
Top Manufacturers and Market Segmentation Manufacturers Split by Type Split by Application
SKF Group Spherical Ball Bearings Military
The Timken Company Spherical Roller Bearings Civilian
Breakdown Data by Regions: China, USA, Europe, Japan, India, Southeast Asia, South America
GGB Bearings Technology Spherical Plain Bearings
JTEKT Corporation Spherical Rod End Bearings
NSK Other
RBC Bearings Inc
Aurora Bearing
FYH Bearing
AST Bearings LLC
Moline Bearing Company
Precision Bearings Pvt.Ltd
KML Motion Industries Co.
NBC Bearings
New Hampshire Ball Bearings
Yogi Hi Tech Pvt. Ltd
BMG
Baltic Bearing Company
CCTY Bearing Company
NTN-SNR
Shanghai Shi Kun Bearing
S.B. Rod End
Halu Bearing
Iko Nippon Thompson
……
Source: Above Companies, Experts Interview, Secondary Sources and XYZ-Research Chemical & Material Research Center, 2021
As you can see from the actual research report excerpt, TPAC has been removed from the list. My guess is that the report data displayed on a few of the websites that offered to sell the actual research report was taken from a 2016 report when TPAC was current with the SEC. You can see projections for TPAC (2016-2021) probably written in 2015.
I was scammed by this company like a lot of others. Fortunately with the recent pump to .0008 I have been able to recover my intial investment. I was hoping something good was going on but the SEC and actual reports don't lie. Due diligence is everything and sometimes accurate details, when difficult to find, are a good indicator something is not right.
I'm glad I didn't have to pay any money for this exerpt from the actual 2021 report.
Harbin Aerospace Corporation,LLC
This is supposedly the company that was used to tie with AVIC for possible future bearing contracts. But, there is zero news.
https://www.corporationwiki.com/California/Pasadena/harbin-aerospace-company-llc/103400076.aspx
If you do a search for Trans Pacific Aerospace Company, you will find a company that is basically defunct. No filings for 3 years. In addition, the office building located in San Marino, California used to have the TPAC business office located there. That is no longer the case. So I was trying to figure out the reason for the TPAC stock to go to .0006 as of today from .00001-.0001 in a week. No one was really pumping it. You'd have to pump a lot of money into this to get it to go to .0006.
Bill McKay's Trans Pacific Aerospace Company probably exists in name only. It is no longer, due to filing requirements, a California corporation. Yes, if Bill filed paperwork, the SEC might accept it, maybe not, who knows.
However...
Harbin Aerospace Company, also owned by William R. Mckay according to public records, does exist as a Nevada corporation. So if this is not an artificial P&D, it may have something to do with Harbin Aerospace Co. Either way, a search on the internet continues to provide no clue or news that would support this rise to .0006.
If you have been holding millions of these shares for years, you're probably feeling a little better. A lot have bailed out after selling at .0001-.0002 and are probably not so happy right now..
Well, I hope that I'm wrong about INMG. Hate to see anyone lose on an OTC but most are speculation anyway. Just remember that when this was reverse split there were only around 8 million in the float immediately after the split. How big is the float today? It's not because we holding the float sold our shares that the PPS went from .05 to where it is now. That's all from dilution.
Tom said he needed to make INMG more attractive hence the reverse split. And yet it is he that has driven this down to .0017 all by himself. It's not the investor's fault.
The silence from him is the key. And now that Mountains of Madness, a great idea, has fizzled out, the next rs in the works is being set up even now by means of his next "project", Boondock Saints.
If the revenue keeps coming in from the film assets, why has the stock tanked?
If Tom's legit, he'll do what he said he would do and release the rest of the 30 episodes of MoM on his own subscription web channel. And BTW, have any of you got your $20 subscription fee back that he indicated on his web channel he would do if it didn't work out? I didn't. There's a class action suit right there. But all he'd do to pay it back is sell more shares into the float!
I wish you all success but I think the hand writings' on the wall on this one. Too bad. It was a great idea. See you on the next one...
LOS ANGELES, CA--(Marketwired - Mar 8, 2017) - Innovativ Media Group, Inc. (OTC PINK: INMG) ("Company"), a multi-media content producer and distributor, today announced record results for its fiscal year ended December 31, 2016. Company revenues increased over 88% from $98,792 to $185,995 and EBITDA increased by over 2200% from $1,880 to $43,552, the highest in Company history. The Company has posted 6 Quarters of successive earnings since acquiring the Innovativ Media entertainment assets in mid-2015.
This is why I jumped out of this stock. PR's like this are smoke and mirrors to hide problems and decreases in revenue. Notice that Net income is not even mentioned. It's in the 10-K. The total Annual Net Income after all revenue and expenses went from a loss of $48,120 for 2015 to a loss of $56,376 for 2016. Why, with a boasted revenue of approximately $100,000 more than 2015, did the Net Loss increase? Because every year a percentage of the $2.5 million in film assets in INMG's library that were acquired have to be amortized to cover the initial purchase (just like purchasing a house and amortizing the cost through a loan.) And here it is in the 10-K:
"NOTE 3: UNAMORTIZED FILM COSTS AND SPORTS BUSINESSES WRITE DOWN (CON’T)
The Company is amortizing its film content assets at 4% annually for the first 5 years and then 16% annually for the next
5 years. For the Year ended December 31, 2016, the Company amortized 4% for a total of $100,000."
The posted revenue is due to four quarters of income from film assets at an average of about $46,498 per quarter for each quarter of 2016 ($185,995/4). For the two quarters of 2015 that INMG had income from those same assets the average income per quarter was approximately $49,396 per quarter($98,792/2). That's right. Each quarter those film assets bring in less and less money.
The killer is in that NOTE 3 too. Notice that the cost will increase from an amortization interest rate of 4% per year to a whopping 16% per year for the second five years.
It's been a year since the release of the first episode of Mountains of Madness. What is there to show for it? $0.00 in Net income according to the 10-K.
We all listened to Tom Coleman make his speaches. He was very convincing. But it looks like this is another OTC that is only designed to profit the CEO with nothing but loss for the shareholders. The claimed purpose of the reverse split was to make a share structure and PPS more favorable to larger investors. Well? All we hear are crickets chirping in that arena. Basically he's using shareholder's hard earned investment dollars to acquire a film media library that appears on the outside to be solid company (and therefor shareholder) assets, but are in reality his bank account that are pilfered every month in the name of "business expenses." Here's just one example from the 10-K:
Office and Internet expenses: $12,011.00
But notice the statement in the 10-K:
NOTE 7 – COMMITMENTS AND CONTINGENCIES
The Company neither owns nor leases any real or personal property. An officer has provided office facilities and services
without charge. There is no obligation for this arrangement to continue. Such costs are immaterial to the financial
statements and accordingly are not reflected herein.
This is all my personal opinion of course. But we've had a year and a half to watch Tom and what is there to show for it? 10-K's that are plain as day if you take the time to read and analyze them.
Albert Einstein is reported to have stated the definition of Insanity: doing the same thing over and over again and expecting different results.
Sad, but true.
Still here chaka! A watched pot never boils. Until Tom secures the buyer(s), this goes between .0022 and .0032. Could make a little on flipping but not enough to be worth my time. I've learned the hard way that the difference between what Tom estimates the timeline to be and reality are two different things. So I'll just wait...
I think so too Tig. Tax season selloff. A lot were saying on this board that they might sell if there were no news by January but this may take a couple of months into 2017 to sell MoM to the right buyer. Most HP Lovecraft blogs indicate a pretty good following and it helps INMG's MoM that several attempts were made, even by major film companies as the following Wikipedia comments show:
"Director Guillermo del Toro and screenwriter Matthew Robbins wrote a screenplay based on Lovecraft's story in 2006, but had trouble getting Warner Bros. to finance the project. Del Toro wrote, "The studio is very nervous about the cost and it not having a love story or a happy ending, but it's impossible to do either in the Lovecraft universe." In July 2010 it was announced that the film would be made in 3D and that James Cameron would become producer, and Tom Cruise was attached to star. This "was a startling prospect considering Lovecraft's tale had long been considered unfilmable." Del Toro confirmed that the film would begin production as early as May 2011 and start filming in June. However, in March 2011, it was announced that "Universal Studios refused to greenlight the project due to del Toro's insistence that it be released with an R rating rather than a PG-13." According to Salon.com, "Universal wants to hold onto the project in the event that it changes its mind and decides to make it later, either as an R or PG-13 movie. But del Toro is already trying to set up Mountains at another studio (possibly 20th Century Fox). However, in April 2012, del Toro posted that, due to the resemblance in premise with the Ridley Scott film Prometheus, the project would probably face a "long pause—if not demise". In January 2013, del Toro stated in an interview that he would try one more time to get the picture made." - from Mountains of Madness, Wikipedia
Tom is in conservation mode right now. He's halted any new episode development of MoM according to Sloan Pictures until he can get a purchase contract for the series. I think gogo's correct about the business conditions changing in 2017 due to the new presidency. I don't believe a prospective buyer would agree to any contract obligation until these unknown business effects can be determined in the first quarter of 2017. In addition, Tom, or whoever sold those millions recently, no doubt did so to maximize capital loss on the tax year. Happens every December. The pps is still easily moved up from relatively small buys. I don't anticipate that Tom will be any more forthcoming with news in 2017, other than a general PR regarding any contract signed involving the release of MoM or any other project. I do anticipate a buyer for MoM in 2017 though, whether it's sold as a series or Sloan Pictures is instructed to put it all together as one feature length video. The story is a good one that is very popular and well known in the HP Lovecraft world and the animation is good enough for syndication.
I don't know about the email being a pump but it sure is evident that some serious dumping occured today. What a drag. It's either Tom or someone he paid for services rendered with shares. Obviously the fact that shares are dumped means the confidence is gone that there will be any short term gain in the pps. What I'm wondering about is if the so called distributor deals that he was working on fell through, why wouldn't he just revert back to Plan A and put the series back on the HPLOVECRAFT.TV web site and go with the subscription basis?
At least he'd have something to show for it.
We're all frustrated. Not much to do but sit and wait. The buyback was just an option based on Tom getting paid up front but the odds are that he would just create more stock if he ran up against the authorized amount.
Suit yourself.
Exactly. 100k shares sold in to the bid is nothing. Someone wanted out to go spend their funds somewhere else, since it appears nothing is happening here. We have no idea where Tom's negotiations are right now with MoM, and we shouldn't expect to. This is a private negotiation and an improper leak right now could torpedo the deal. Let's face it, Tom will not be letting us in on any tidbit regarding MoM until we see the press release announcing it. He estimated Q4 2016 as when the revenue would materialize from MoM and we still have 3 weeks. With Tom everything takes longer than expected so Q1 2017 is a pretty good likelihood. There'll be some who go for the tax write-off this month and sell, which should spike an interest and buy in come January. It only serves Tom's interests if the stock goes lower at this point as he could, if he decides to and his deal goes through, buy back some of the issued shares of common stock at a lower price as the end of the year approaches. Not saying he would unless he wants to keep the AS at 250M and the OS at about half that.
We'll see...
Depends on if Tom's able to get a contract on MoM before the end of the year. If we go into the new year w/o the marketing of MoM, AND if we do not hear from Tom in the form of an update on MoM specifically, there'll be a lot of unhappy campers selling it down into the teens. MM's love that as they can naked short INMG and pull in a profit. Even though it's illegal for us , MM's can legally do it , selling shares they don't actually own, on the false premise that the demand on the shares requires them to have plenty of shares on hand (more than they actually own) to accomodate the "large volume" of trades. It's an allowance by the SEC to keep trades moving along. It's kind of like you overdrafting at the bank because of a sudden demand on your finances and the bank (the SEC) has given your account overdraft protection. You (the MM) don't actually have the money for the purchases (the trades), but you can buy them anyway.
It's up to Tom to let us know things are proceeding without divulging any sensitive info on the actual contract negotiations.
With the exception of the recent PR report on Wasteland Saints last month, the previous Research Report on INMG dated September 30, 2016 stated the following in it's analysis of INMG:
"Turning to Innovativ Media Group, Inc. (OTC Pink: INMG)’s financials and competitor analysis, the digital entertainment company had a market cap value of only $311,429, as of July 2016. This represents only a small percentage of the company’s current book value and a minute fraction of appropriate market value. Looking at share structure, the company has 250 million authorized shares, nearly 111.22 million shares outstanding, and a float of 7.11 million shares, as of May 2016. For the first 6 months of 2016, Innovativ Media Group, Inc. (OTC Pink: INMG) is reporting total revenue of $95,201, and EBITA of $14,140. With premium digital websites set to go live in the coming weeks, management estimates that Innovativ Media Group, Inc. (OTC Pink: INMG) could see total revenues between $400,000-600,000 by the end of 2016 and with 20-25% profit margins. Overall, InnovativMedia Group, Inc. (OTC Pink: INMG) is a mark above most small cap companies as it does not have any toxic convertible debt or virtually any kind of debt on its balance sheet. The company also has an extremely low share debt float."
The OS has gone up to 151 million and the float is at 37 million according to OTCMarkets website. If MoM does produce the $500-600k in revenue including the current revenue by the end of this year, that should take INMG up to a market value of around $900k. That would effectively put the pps at .009. If, in addition to the $500-600k generated in this 4th quarter, a royalty were to be paid to INMG each quarter, then we could hold at .01. That's Not anywhere near .05 but that's also not taking into account the public interest in the series. Some low budget movies have raked in millions from unexpected interest from a cult following.
I remember those posts but it just concerns me when I hear of a business partner being frustrated by Tom's activity or lack of activity. I realize that a 3rd party vendor is in the works and that is good for shareholders. However, if Mike is no longer involved (and it appears that way as the link to Mountains of Madness on his website has been removed), then the least Tom ought to do is remove the paragraph at the bottom of the HPLOVECRAFT.TV website that refer's to eZine's involvement as a business partner. It just reinforces his lack of updates (like the website) and communication.
I can't believe this. I sent a tweet to Mike who runs the Lovecraft-eZine website. I asked him if he's still the marketing partner with Tom for the MoM series. (If you look at the bottom of the HPLOVECRAFT.TV website it lists Lovecraft-eZine as the marketing partner for the series.) He tweeted me back, "I'm a bit frustrated at this point. You can email them: info@innovativmedia.com"!!!!!! (Exclamation points mine.) Can you believe it? If you guys, and I'm including myself, are frustrated with Tom's lack of communication or performance, can you believe that his MARKETING PARTNER expresses that same frustration????
This could be good or bad. If Tom is acquiring a third party vendor to market Mom (like he has said he wants to) could he be shining on Mike at the eZine because he's gonna be dumped as a partner in favor of a new paying partner like Youtube, Netflix, Amazon, or Hulu? This would be true if he sold Mike on the idea that he would set up the subscription website and give Mike a portion of the subscription profits in exchange for full promotion on the eZine website. Remember all those 240,000+ followers of Mike's eZine website? If only half of them ponied up the $20 subscription fee, that would be over $2 million. And now, guess what? No more subscription on the website means that deal with Mike could very well be fizzling out. If Tom gets a major player to market MoM, he doesn't need Mike anymore. This could be good for us. But really, even if Tom stayed with Mike and the subscription service was renewed on the HPLOVECRAFT.TV website, that would be good for us too in the short run.
However, if Tom is shining on his business partner like he shines on us, it may mean that MoM is just another dud and he'll run INMG into the ground like GBGM.
It's not good when partners are frustrated. It must mean there's no real communication.
I think when can all say amen to that. Maybe that will change once he gets MoM brokered. Once that is done he may be in more of a frame of mind to let us know about any other projects going on.
Yeah, i tried that several times and never got any response. I used the "Contact Us" link at the top center of the HPLOVECRAFT.TV website which uses your own email program to send the email. That's when I got a reply. Maybe try that. Can't say you'll get a response but it's worth a try.
Show us a copy of your email to Tom.
In the 10-Q that announced the intention to RS, it also stated the plan was to include the riddance of the Series C Preferred shares. That has been accomplished although they are still authorized.
I believe that distributors like Amazon, Netflix, and Hulu all have their ears to the ground when it comes to trends in entertainment genre. They, no doubt along with other 3rd party distributors, would pick up on these advertisements and PR's on video games and movies. They probably have web crawlers that monitor words like 'Lovecraft' and other genre artists in the entertainment world.
That would make sense that Tom had or has three 3rd party distributors that he was pitching the series to. Last I heard we were supposed to hear something regarding INMG direction from his efforts this week or next.
We'll be able to see better today and tomorrow whether it holds in the .004's. Hope so.
Looks like H.P. Lovecraft interest is growing. Check out this new roll playing video game due out early 2017 and based on the Lovecraft genre. Early in the game trailer video, you pick up an object on the table that looks just like the pod that was discovered in the third episode of INMG's MoM.
http://www.insidethemagic.net/2016/10/lovecraft-madness-looms-on-the-horizon-with-conarium-video-game-due-early-2017/
Anything Lovecraft promoted in any format can only be good for MoM, but especially if it becomes a popular video game.
P&D. Buying on no news. Will probably settle back down to around .003 again. Once news hits, then we will see this go up and stay there.
I picked another 500K at the beginning of the day at .0032. Put in another order for 100K at .003 just to see if it would fill like it would on previous days then left for the day. Never filled but WHOA!!! Came back at 4:30 to .0047??? What hapened? Anybody see any new news out?
I did go on the LOVECRAFT.TV site and although it's still the same, by right clicking on the episodes and selecting "open link in new window" I was able to view it full screen. Then I cast it to my big screen. Sure looks better in HD on a big screen TV than on this computer.
Tom's trying to nail down a distribution deal more than likely.
I'll tell you what concerns me somewhat from the most erecent 10-Q. Revenue dropped from $48,933 for the quarter to $40,776. That's a 17% drop in revenue which means the LUX digital assets are starting to dry up. That means that Tom will probably have to make up for that loss in revenue by selling more shares.
MoM needs a buyer. For some reason, Tom doesn't want to produce it on a subsciption basis.
Oops! Never mind...
Where did the Q post? I don't see it on OTCMarkets.
They are already part of the 125 million plus OS. They do have restrictions as you mentioned but those restrictions may have already been lifted. He can dump them into the market for sale but they will not change the OS any more than if you or I sold our shares.
Seems like things are picking up. You can at least see the basic PR's on Twitter now (@innovativmedia), although no personal messages from the company. I haven't been able to track down that recent facebook message about having multiple potential provider contracts for MoM and being able to view the episodes without a subscription that someone posted. It makes sense and at this point after all that's happened it seems like the expected direction INMG would go. But FYI everyone, we gotta provide the link when we find tweets or messages from the company that provides PR. Everyone knows I got grilled to provide an actual copy of the email that I received several days ago from the company that I posted here. I had to figure out how to do it but at least it showed I wasn't involved in a pump n' dump.
Could be soon now...
Actually, I was thinking more along the lines of Tom absolutely continuing with MoM as a revenue source to fund this next project. It could be that this new project is a carrot to telegraph INMG to prospective buyers of MoM as an up and coming production company with future projects on the books.
BTW, have you seen the trades today? 20,000 sold and well over 1,000,000 bought and the price went down?
Probably dropped due to news not being about "Mountains of Madness." It's a nice PR but the fact is Tom's plan to produce this new series with whatever gaming spinoffs emerge from it will be months to a year or more down the road before we ever see any revenue on a 10-Q coming from it. Look how long it's taken to produce just 3 short episodes of Mountains of Madness. And that's animation. Not live production which is much more costly and time intensive.
He'll put out a Newswire if INMG scores a third party distributor for MoM. that's reportable news. Barring a 3rd party vendor, he'll more than likely put out a Newswire PR announcing the availability of the first three episodes on the HPLOVECRAFT.TV subcription service like his other two Newswire PR's from June and August. Hopefully something about the new revenue source will appear in the 10-Q due out in the next two weeks. But so far, Tom hasn't used the "SUNSEQUENT EVENTS" section of the "Q" to announce those types of things. Who knows, he may surprise us all.
Can't expect too much will happen until around the 7th when he gets back from wherever he's been.
Au contrare, my friend. Just the opposite.
Actually in one respect it makes perfect sense and it's why you can't watch the second and third episodes in full screen or stream them to your TV, except for the pilot episode. The first or pilot episode can be viewed full screen, and on an HD TV it looks pretty good. That's the proof to a 3rd party distributor that the quality is there. The 2nd and 3rd episodes can only be viewed on the second website as small windows. So, Tom (or Stephen) has set this up in a way that a 3rd party can still be the first to show ALL of the episodes except for the pilot, in full screen format exclusively. It's not that Tom has messed anything up. He's done quite the opposite. He's ensured us that the first 3 episodes are completed while at the same time ensuring any prospective 3rd party contract exclusive rights to the viewing of ALL episodes in full screen HD.
If the 3rd party falls through, those episodes will be available on the HPLOVECRAFT.TV for paying subscribers.
Two birds with one stone. Not bad, Tom. Kudos.
That's not old news! Those are the first 3 episodes that we've been waiting for. The question is; "What happened with HPLOVECRAFT.TV?" Episodes 2 and 3 never made it to the pay site and have been put on the free site that you found:
http://www.mountainsofmadnessseries.com
The only issue is that they won't play full screen.
What in the world is going on here?
It appears they've been put there for prospective 3rd party pay per view clients to get a sample of the product.
You guys have any other ideas?
That's true. Stephen Sloan answered my emails when Tom wouldn't. I'm actually surprised (though ecstatic) that INMG answered my email. They must have consulted Tom before replying to me. Although it's simply an update with nothing in stone other than the next two episodes being released, I can't imagine that information of that magnitude would just be let out without authorization from the top.
That's old news. There was a failed attempt by Tom to use Kickstarter to fund the MoM project. Happens all the time. It would have been nice had it succeeded but it's a moot point now. The web series is ready to go.
I don't believe the email is a material event as it does not establish that the product has been released, although verification of the email is perfectly acceptable. It's my guess that as soon as the ink is dry on the 3rd party contract, or failing that, the next two episodes of this web series are put up on the HPLOVECRAFT.TV webpage and the subscription process is continued, we'll see a quick Newswire event. Remember, the 3rd party may back out of the deal. It's anyone's guess but it doesn't matter. It will be revenue. Where a 3rd party deal comes into play is the upfront cash available to the company. It's what Tom has been lacking to carry out the business plan. This will allow development of more web series and faster growth.
I should have never posted that email before buying another million...
I understand. I'd probably ask the same if it were someone else making a post like this. It is interesting to note that the CEO was not the one to reply to me. I doubt that he would answer an email but would probably leave that to someone on his IR team. It seems that INMG is interested in getting it done in November otherwise they probably would have just said "soon" or "in the near future."
Anyhow, here's the email.
INMG Email