Demand Brands Inc. (DMAN)

[JonnyBGood]

As sure as you can be looking at the latest 10-Q:

"The Issuer entered into a Stock Purchase Agreement with Innovativ Media Group, Inc. (“Innovativ”) on June 23, 2015, subsequently amended on July 9, 2015, in which Innovativ will convey 5,000 Shares of its Common Stock and certain motion picture, intellectual properties, business concept, certain digital entertainment assets and properties and domain names in exchange for the issuance by the Company of 20 million of its Series C Preferred Shares, Five Million of its restricted Series A Preferred Shares and the Redemption to its treasury of 3 of its Series A Preferred Shares held by affiliates plus the retirement of certain debt. On April 22, 2016 the holder of all the Series C preferred Stock converted the shares into 80,000,000 restricted common shares of the Issuer.

The Issuer entered into a three (3) year Management Agreement on April 22, 2016 with its CEO to serve without salary in exchange for the issuance of 12,000,000 restricted shares of its common stock."

That is a total of 92 Million Common Shares, all restricted, which is good for the rest of the shareholders (that they are restricted, that is.) These are in addition to whatever amount of Common Shares that he may have owned already out of the 123 million common shares outstanding that INMG has issued.

And we've got 7.1 million in the float.