So far there are roughly 3.4 billion issued common shares.
If Tom retires 1.8 billion of those, 1.6 billion remain, of which most all of those 1.6 billion make up the float. If the float is 1.6 billion and I've got 100 million, I've got over 6% of the float. I'm holding PAST .05 because I believe, after looking at the holdings of the company and the direction Tom is taking Innovativ Media Group in the entertainment industry, INMG will start a steady growth pattern and rise in the pps that will get it to at least .03, if not .05 over the next 4 to 9 months.
The 15 million I bought today for $3000 will be worth $150,000 at .01, let alone if it goes to .03 or .05.
If It stays where it's at in the next 6 months (do you really think with the last 10-Q, and with share retirement that it will?), I can always sell it for $1500 and take a $1500 loss.
The probability with INMG staying at .0001 over the next 3 months is far less than it going even to a modest .0006 where it climbed to 4 weeks ago.
It's all about probability...and coconuts.
GUARD #1: Where'd you get the coconut?
ARTHUR: We found them.
GUARD #1: Found them? In Mercea? The coconut's tropical!
ARTHUR: What do you mean?
GUARD #1: Well, this is a temperate zone.
ARTHUR: The swallow may fly south with the sun or the house martin
or the plumber may seek warmer climes in winter yet these are not
strangers to our land.
GUARD #1: Are you suggesting coconuts migrate?
ARTHUR: Not at all, they could be carried.
GUARD #1: What -- a swallow carrying a coconut?
ARTHUR: It could grip it by the husk!
GUARD #1: It's not a question of where he grips it! It's a simple
question of weight ratios! A five ounce bird could not carry a 1 pound
coconut.
ARTHUR: Well, it doesn't matter. Will you go and tell your master
that Arthur from the Court of Camelot is here.
GUARD #1: Listen, in order to maintain air-speed velocity, a swallow
needs to beat its wings 43 times every second, right?
ARTHUR: Please!
GUARD #1: Am I right?
ARTHUR: I'm not interested!
GUARD #2: It could be carried by an African swallow!
GUARD #1: Oh, yeah, an African swallow maybe, but not a European
swallow, that's my point.
GUARD #2: Oh, yeah, I agree with that...
ARTHUR: Will you ask your master if he wants to join my court
at Camelot?!
GUARD #1: But then of course African swallows are not migratory.
GUARD #2: Oh, yeah...
GUARD #1: So they couldn't bring a coconut back anyway...
[clop clop]
GUARD #2: Wait a minute -- supposing two swallows carried it together?
GUARD #1: No, they'd have to have it on a line.
GUARD #2: Well, simple! They'd just use a standard creeper!
GUARD #1: What, held under the dorsal guiding feathers?
GUARD #2: Well, why not?
