Wednesday, December 02, 2015 2:00:34 PM
1.) He said, "I believe the market cap for INMG to be a five cent stock. That is the goal over the next period of time" (not the next quarter.) He added, "the third quarter would show significant changes in terms of revenues and in terms of balance sheets." It did. "The balance sheet was cleaned up and the Innovativ assets have significantly enhanced that."
2.) He said that "as we then capitalize and grow [after the third quarter], I think by the time we get into the second quarter, 2016, we will start seeing the impact of the products we are now aggressively developing."
So you have to understand the time it takes to carry out business plans. A company normally will not skyrocket within one quarter. Those that do many times fall right back into oblivion. That is not INMG.
On the matter of financing. Tom might be dipping into the A/S to finance his several projects, maybe not. But regardless, when he made the market cap statement of five cents, he no doubt had already taken the means to finance all his INMG projects in to account. So whether it's finaning through stock dillution or through the banks, it all goes into the business, not his pockets.
Tom is actively building Innovativ Media into a web based entertainment player. If he feels the the market will be .05, he's probably right. He's the one who comes from the entertainment industry and knows the business. But, it's not going to happen overnight. And a lot of Pink sheet investors are looking for overnight success. Look, there are obviously no sure things in the market unless you've got insider information. However, if you can hold until the second quarter of 2016, you've got a good chance of being handsomely rewarded. Probably more so than if you flipped this a few times in the sub-penny range. But hey, it's all part of the game, right?
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